Taiwan Cement Corp., the No. 1 cement maker in Taiwan, scored combined revenues of NTD5.68 billion (USD189.33 million) in November, down 9.92 per cent from October, while and Asia Cement Corp., the No.2 in the line, managed to have its revenue post a slight growth of 2.1 per cent to reach NTD952 million (USD31.73 million).

In the first 11 months Taiwan Cement saw its accumulated revenue shoot up 23.45 per cent from a year earlier to reach NTD59.14 billion (USD1.97 billion), while Asia Cement raked in revenues of NTD9.862 billion (USD328.73 million) in the same period for an annual rise of 13.28 per cent.

Bolstered by big public infrastructural projects such as the ongoing construction of mass rapid transit system in northern Taiwan, the projected expansion in the Wuku-Yangmei section of the Sun Yat-sen Highway, and the planned rapid transit system between Taipei and Taoyuan International Airport, Taiwan’s cement market demand in 2012 is estimated to edge up 2-3 per cent to 12.5-13 million metric tonnes, according to industry insiders.

As for the market in China, the cement manufacturers there witnessed an average sizable annual growth of 70 per cent in the first three quarters of 2011 and the above-mentioned two Taiwanese cement makers even saw their revenues from operations in China grow multi-folds in the period.

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