Taiwan Cement has expanded its funding in Türkiye and Portugal to develop the world’s lowest carbon cement. The image exhibits the Aslan manufacturing facility in OYAK in Türkiye. (Picture / Offered by TCC)
“We’re heading in the right direction!” TCC (1101) held a shareholders assembly on Could 21. Chairman Zhang Anping instantly introduced that “TCC’s English title could be modified from Taiwan Cement Company to TCC Group Holdings rebirth and a brand new web page!”
The “new leaf” in Zhang Anping’s phrases is the important thing for TCC to shortly emerge from the haze of the Hualien earthquake. “Principally, Hualien’s Heping Plant and energy vegetation had been briefly shut down in April. Heavy rain in Guangdong additionally had a adverse influence in April. The mainland market is presently shedding cash.” However “underneath the affect of a lot, when the principle drive up to now cannot produce, Different companies can assist gross sales and earnings,” stated Zhang Anping.
Judging from the April monetary report, income was 11.626 billion yuan Though it decreased 14.8% month-on-month, it elevated 27.8% year-on-year, setting a brand new excessive for a similar time, confirming that TCC is finished. profitable turnaround in seven years.
After shifting past Higher China in 2018, the cement trade Taiwan Cement started to broaden its enterprise in Europe and Africa, ranging from Turkey final yr, it has successively introduced the growth of the -shares in Turkish three way partnership cement firm OYAK and Portugal’s Cimpor Taiwan are additionally disclosed By NHOA, an organization that controls new power within the Netherlands, the cash obtained domestically will be held h -local and proceed to be invested to keep away from trade fee dangers.
TCC Chairman Zhang Anping stated that TCC is not centered on cross-strait cement, and European and African markets and new power have change into the third and fourth ranges. (Picture/Offered by TCC)
Why did you select Türkiye within the first place? Zhang Anping stated as soon as after becoming a member of TCC in 2017, he visited totally different elements of the world Istanbul has been an east-west hyperlink for 1000’s of years.
After contacting Turkish enterprise gamers, Zhang Anping established a three way partnership with Turkish OYAK in 2018 and used it to spend money on the Portuguese firm Cimpor. The primary purpose for investing in Cimpor is that Cimpor has constructed the one cement plant on the planet in Cameroon, Africa, which makes use of 90% biomass gas for industrial mass manufacturing, and its ‘ the world’s first large-scale manufacturing calcined plant on the cement plant in Ivory Coast. The clay cement base, after calcined clay blended with clinker, reduces carbon by not less than 40% in comparison with conventional cement.
“The Netherlands has change into a brand new property platform for Taiwan Cement’s abroad growth, creating low carbon cement, European power storage and value pile industries. At the moment, the European power storage trade is in Australia, the UK, the USA and Peru in South America. Taiwan, China, Europe, Asia, Africa and new power have change into the “4 legs” that assist TCC’s revenue.
The April 3 Hualien earthquake hit the native economic system exhausting, however TCC’s April income was nonetheless at a one-month excessive. (Picture / offered by the general public)
Initially, in 2022, practically 70% of Taiwan Cement’s income was nonetheless centered on the cross-strait market, but it surely has dropped to 43% in 2023. It is because Tubo Cement has grown considerably, accounting for 31%, and power and electrical energy By way of revenue efficiency, round 45% is offered by European low carbon cement, which “reduces the influence of single market fluctuations , bettering operational flexibility and response capabilities, and in addition growing TCC’s blended revenue stability. Cheng Yaohui stated.
Along with uncooked supplies and expertise, the cement trade benefited from the massive earthquake in Turkey in February 2023 and the massive reconstruction demand that’s much more surprising, it has a further product, which is that is “carbon rights.” Taiwan Cement stated that the common international greenhouse gasoline (GHG) carbon emission for one ton of conventional cement manufacturing is 900 kilograms, whereas the carbon emissions from the Aslan plant in Turkey in 2023 are solely 628 kilograms, and e Ankara plant 652 kilograms, and the Cimpor Portugal Souselas plant The efficiency is best, solely 613 kilograms.
Taiwan Cement Chairman Zhang Anping introduced Canadian Prime Minister Trudeau with paintings made from UHPC high-performance concrete. (Picture / Offered by TCC)
Neng Yuan Expertise, a subsidiary of TCC, can also be constructing a high-performance ternary lithium battery cell manufacturing facility in Vancouver. Development is scheduled to start in 2024 and begin manufacturing in 2028, with a manufacturing capability of two.8GWh Chan solely Canada Prime Minister Justin Trudeau personally helps it, however the authorities additionally supplies monetary assist. It implies that after TCC has established its presence in Europe, Asia and Africa, it has a stronghold even in America.
Primarily based on this, Zhang Anping stated earnestly on the latest shareholders assembly, “62 years in the past, Taiwan Cement was a pure cement provider. It’s not only a provider of uncooked supplies, and may sustain with the high-tech and digital industries, break new floor and change into a pioneer within the trade.” This affirmation of “Taiwan Cement” varies from firm to firm. “Worldwide cement group headquartered in Taiwan” isn’t just an announcement.
2024-05-27 22:00:00
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