Taiwan: Chia Hsin Cement recorded consolidated sales of US$20.9m during the first quarter of 2023, up by 27% year-on-year from first-quarter 2022 levels. The producer reported a net income of US$640,000, down by 75% from US$2.58m in the corresponding first quarter of 2022.

Uzbekistan: United Cement Group (UCG) subsidiary Kuvasaycement is building a sixth grinding unit at its Quvasoy cement plant in Fergana. Business World Magazine has reported that China-based Sinoma International Engineering will supply the equipment for the expansion, consisting of a roller press and ball mill, equipped with a separator and pre-grinder.

Kuvasaycement general director Denis Nikitin said "In recent years, we have systematically replaced outdated equipment, renewed our car fleet, installed new filters to reduce cement dust emissions and modernised cement mills in accordance with the highest requirements to which UCG adheres. The cement market in Uzbekistan is rather saturated and, in order to increase production competitiveness, we decided to commission one more cement mill to 'cover' the capacity of the existing five mills. It is also connected with additional demand for products for the construction of bridges, roads and airports. This is state-of-the-art equipment with new grinding capabilities that we have been missing."

China: Asia Cement has launched its 2050 decarbonisation strategy, entitled 'Net-Zero Carbon Emissions By 2050 - Asia Cement Advanced Deployment.' The strategy consists of multiple pillars, namely 'alternative fuels,' 'reducing cement's clinker factor,' 'increasing renewable energy reliance' and 'carbon capture.'

During 2022, Asia Cement reduced its limestone, clay, iron and sand consumption by 266,000t, its coal consumption by 17,000t and its gypsum consumption by 56,000t year-on-year. This eliminated 95,100t of CO2 emissions throughout the year, according to the producer.

Malaysia: Malayan Cement expects its sales of cement to remain level at 8Mt/yr throughout the 2023 and 2024 financial years. The New Straits Times newspaper has reported that the producer forecast consistent declines in its cement prices over the period. Meanwhile, it expects the price of Indonesian coal, which it imports for use as fuel, to drop to US$285/t in the 2023 financial year, then by 42% to US$165/t in the 2024 financial year and by 12% to US$145/t in the 2025 financial year.

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