Taiwan Cement Corp (台灣水泥), one of the nation’s top cement manufacturers, remained China’s sixth-biggest cement supplier by capacity last year, according to data released by China Cement Net yesterday.
China Cement Net, a Chinese e-commerce site for cement suppliers, said Taiwan Cement had production capacity of 55.27 metric tonnes in China last year, up 2.06 percent from a year earlier when it also ranked sixth.
Another Taiwanese cement maker, Asia Cement Corp (亞洲水泥), was the 12th-largest cement supplier in China, up one notch from a year earlier, after the company increased its production capacity by 9.91 percent year-on-year to 23.72 million tonnes.
The Goldsun Group (國產實業集團), a Taiwan-based conglomerate, took 62nd place in the rankings, with production capacity of 3.1 million tonnes of cement in China last year, according to China Cement Net.
The China National Building Material Group (中國建築材料集團) topped the rankings for last year with production capacity of 298 million tonnes, up 2.56 percent from a year earlier, the data showed.
Anhui Conch Cement Co (安徽海螺水泥股份) ranked second with production capacity growing 3.38 percent from a year earlier to 156 million tonnes, according to the Web site’s figures.
Taiwanese cement manufacturers benefited from solid domestic demand in China in the fourth quarter, a traditional peak season, and strong demand is expected to continue into this month until the Lunar New Year holiday starts at the end of the month, analysts said.
ENERGY ISSUES: The TSIA urged the government to increase natural gas and helium reserves to reduce the impact of the Middle East war on semiconductor supply stability Chip testing and packaging service provider ASE Technology Holding Co (日月光投控) yesterday said it planned to invest more than NT$100 billion (US$3.15 billion) in building a new advanced chip testing facility in Kaohsiung to keep up with customer demand driven by the artificial intelligence (AI) boom. That would be included in the company’s capital expenditure budget next year, ASE said. There is also room to raise this year’s capital spending budget from a record-high US$7 billion estimated three months ago, it added. ASE would have six factories under construction this year, another record-breaking number, ASE chief operating officer Tien Wu
The EU and US are nearing an agreement to coordinate on producing and securing critical minerals, part of a push to break reliance on Chinese supplies. The potential deal would create incentives, such as minimum prices, that could advantage non-Chinese suppliers, according to a draft of an “action plan” seen by Bloomberg. The EU and US would also cooperate on standards, investments and joint projects, as well as coordinate on any supply disruptions by countries like China. The two sides are additionally seeking other “like-minded partners” to join a multicountry accord to help create these new critical mineral supply chains, which feed into
For weeks now, the global tech industry has been waiting for a major artificial intelligence (AI) launch from DeepSeek (深度求索), seen as a benchmark for China’s progress in the fast-moving field. More than a year has passed since the start-up put Chinese AI on the map in early last year with a low-cost chatbot that performed at a similar level to US rivals. However, despite reports and rumors about its imminent release, DeepSeek’s next-generation “V4” model is nowhere in sight. Speculation is also swirling over the geopolitical implications of which computer chips were chosen to train and power the new
Intel Corp is joining Elon Musk’s long-shot effort to develop semiconductors for Tesla Inc, Space Exploration Technologies Corp and xAI, marking a surprising twist in the chipmaker’s comeback bid. Intel would help the Terafab project “refactor” the technology in a chip factory, the company said on Tuesday in a post on X, Musk’s social media platform. That is a stage in the development process that typically helps make chips more powerful or reliable. The chipmaker’s shares jumped 4.2 percent to US$52.91 in New York trading on Tuesday. The Terafab project is a grand plan by Musk to eventually manufacture his own chips for
RSS