Taiheiyo Cement: Difference between revisions
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In July 2024, Secretary [[Alfredo Pascual]] and Mayor Mytha Ann B. Canoy graced Taiheiyo Cement Philippines, Inc.'s inauguration of a PHP12.8 billion (US$220) production line in [[San Fernando, Cebu]]. It has a capacity of 3 Mt annually, or 6000 tons per day of [[cement clinker]] and features advanced [[cement kiln]] renewal technology.<ref>{{cite news |last1=Crismundo |first1= Kris |title=Japanese cement manufacturer inaugurates P12.8-B plant in Cebu|url= https://www.pna.gov.ph/articles/1229371|accessdate=July 20, 2024 |publisher= [[Philippine News Agency]]|date=July 19, 2024}}</ref> |
In July 2024, Secretary [[Alfredo Pascual]] and Mayor Mytha Ann B. Canoy graced Taiheiyo Cement Philippines, Inc.'s inauguration of a PHP12.8 billion (US$220) production line in [[San Fernando, Cebu]]. It has a capacity of 3 Mt annually, or 6000 tons per day of [[cement clinker]] and features advanced [[cement kiln]] renewal technology.<ref>{{cite news |last1=Crismundo |first1= Kris |title=Japanese cement manufacturer inaugurates P12.8-B plant in Cebu|url= https://www.pna.gov.ph/articles/1229371|accessdate=July 20, 2024 |publisher= [[Philippine News Agency]]|date=July 19, 2024}}</ref> |
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==History== |
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Taiheiyo Cement was created through a series of mergers and acquisitions dating back to the establishment of the Cement Manufacturing Company (later renamed the Onoda Cement Company) in 1881.<ref name=":0">{{Cite web |title=History |url=https://www.taiheiyo-cement.co.jp/english/company/history.html |archive-url=https://web.archive.org/web/20240222072455/https://www.taiheiyo-cement.co.jp/english/company/history.html |archive-date=2024-02-22 |access-date=2024-08-10 |website=Taiheiyo Cement Corporation}}</ref> Onoda Cement purchased [[California Portland Cement Company]] from the [[CalMat Company]] in 1990 for $316 million,<ref name=":0" /><ref>{{Cite book |title=International Directory of Company Histories |date=1988 |publisher=St James Press |isbn=978-0-912289-10-6 |editor-last=Hast |editor-first=Adele |volume=III |location=Chicago, London |pages=717–719}}</ref> after having acquired a 19% stake in CalMat in 1988.<ref>{{Cite news |date=October 1, 1990 |title=CalMat sells cement operations in $316 million deal |url=https://www.upi.com/Archives/1990/10/01/CalMat-sells-cement-operations-in-316-million-deal/1706654753600/ |access-date=2024-08-10 |work=UPI}}</ref> |
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The Chichibu Cement Company was founded in 1923, and it merged with Onoda Cement in 1994 to form the Chichibu Onoda Cement Corporation.<ref name=":0" /> |
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The cement plant that later became the Nihon Cement Company was leased from the government in 1883.<ref name=":0" /> Nihon Cement merged with Chichibu Onoda in 1998 to form Taiheiyo Cement.<ref name=":0" /> |
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== International subsidiaries == |
== International subsidiaries == |
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Taiheiyo Cement has a number of subsidiaries in countries around the world. |
Taiheiyo Cement has a number of subsidiaries in countries around the world. |
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In the [[United States]], its subsidiary Taiheiyo Cement USA, Inc., |
In the [[United States]], its subsidiary Taiheiyo Cement USA, Inc., serves as the parent company of [[CalPortland Company]].<ref>{{Cite web |title=Executives |url=https://www.taiheiyo-cement.co.jp/english/company/officer.html |archive-url=https://web.archive.org/web/20240524100403/https://www.taiheiyo-cement.co.jp/english/company/officer.html |archive-date=2024-05-24 |access-date=2024-08-09 |website=Taiheiyo Cement Corporation}}</ref><ref>[https://www.supremecourt.gov/DocketPDF/21/21-1449/225225/20220512161926918_Glacier%20Northwest%20Inc.%20v.%20Intl%20Bhd%20of%20Teamsters%20-%20Cert%20Petition.pdf Petition for Writ of Certiorari] at ii, {{Cite court | litigants=Glacier Northwest, Inc. v. Teamsters | reporter=U.S. | vol=598 | opinion=771}} (No. 21-1449)</ref> |
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==References== |
==References== |
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Latest revision as of 07:39, 10 August 2024
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| Company type | Public KK |
|---|---|
| TYO: 5233 FSE: 5233 Nikkei 225 Component | |
| Industry | Construction materials |
| Founded | (May 1881) |
| Headquarters | Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo 135-8578 Japan |
Key people | Keiji Tokuue (Chairman of the Board) Shuji Fukuda (President) |
| Products | |
| Revenue |  US$ 8.16 billion (FY 2014)
(¥ 840.28 billion) (FY 2014) |
| US million (FY 2014)
( billion) (FY 2014) | |
Number of employees | 13,087 (consolidated as of June 2014) |
| Website | Official website |
| Footnotes / references [1][2][3] | |
Taiheiyo Cement Corporation ("Pacific Ocean Cement Corporation") (太平洋セメント株式会社, Taiheiyō Semento Kabushiki-gaisha) is a Japanese cement company. It was formed in 1998 with the merger of Chichibu Onoda (itself a merger of Chichibu Cement and Onoda Cement) and Nihon Cement (formerly Asano Cement).
In July 2024, Secretary Alfredo Pascual and Mayor Mytha Ann B. Canoy graced Taiheiyo Cement Philippines, Inc.'s inauguration of a PHP12.8 billion (US$220) production line in San Fernando, Cebu. It has a capacity of 3 Mt annually, or 6000 tons per day of cement clinker and features advanced cement kiln renewal technology.[4]
History
[edit]Taiheiyo Cement was created through a series of mergers and acquisitions dating back to the establishment of the Cement Manufacturing Company (later renamed the Onoda Cement Company) in 1881.[5] Onoda Cement purchased California Portland Cement Company from the CalMat Company in 1990 for $316 million,[5][6] after having acquired a 19% stake in CalMat in 1988.[7]
The Chichibu Cement Company was founded in 1923, and it merged with Onoda Cement in 1994 to form the Chichibu Onoda Cement Corporation.[5]
The cement plant that later became the Nihon Cement Company was leased from the government in 1883.[5] Nihon Cement merged with Chichibu Onoda in 1998 to form Taiheiyo Cement.[5]
International subsidiaries
[edit]Taiheiyo Cement has a number of subsidiaries in countries around the world.
In the United States, its subsidiary Taiheiyo Cement USA, Inc., serves as the parent company of CalPortland Company.[8][9]
References
[edit]- ^ "Corporate Data". Taiheiyo Cement. Archived from the original on September 12, 2014. Retrieved September 11, 2014.
- ^ "Consolidated Financial Results for Fiscal 2014" (PDF). Taiheiyo Cement. May 13, 2014. Retrieved September 11, 2014.
- ^ "Company Summary". Google Finance. Retrieved September 11, 2014.
- ^ Crismundo, Kris (July 19, 2024). "Japanese cement manufacturer inaugurates P12.8-B plant in Cebu". Philippine News Agency. Retrieved July 20, 2024.
- ^ a b c d e "History". Taiheiyo Cement Corporation. Archived from the original on 2024-02-22. Retrieved 2024-08-10.
- ^ Hast, Adele, ed. (1988). International Directory of Company Histories. Vol. III. Chicago, London: St James Press. pp. 717–719. ISBN 978-0-912289-10-6.
- ^ "CalMat sells cement operations in $316 million deal". UPI. October 1, 1990. Retrieved 2024-08-10.
- ^ "Executives". Taiheiyo Cement Corporation. Archived from the original on 2024-05-24. Retrieved 2024-08-09.
- ^ Petition for Writ of Certiorari at ii, Glacier Northwest, Inc. v. Teamsters, 598 U.S. 771. (No. 21-1449)
External links
[edit]
- Taiheiyo Cement (in English)
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