en.Wedoany.com Reported - Taiheiyo Cement is supporting an Indonesian business consortium that has begun exporting cement to the U.S. market.

SBI, an Indonesian company in which Taiheiyo Cement holds a stake, is exporting cement to its U.S. subsidiary, CalPortland Cement. The first shipment in June was marked by a ceremony attended by key stakeholders.

Taiheiyo Cement stated that this achievement not only contributes to SBI's business performance but also secures a stable supply source of over 500,000 tons per year for its U.S. operations, further deepening the partnership between the two companies. With U.S. market demand expected to continue growing, the new shipping base will further strengthen the group's network in the Pacific Rim region, likely enhancing competitiveness in the U.S. market. Additionally, as demand for low-carbon cement grows in the U.S., Taiheiyo Cement will collaborate with SBI to explore the production of blended cement tailored to local needs, leveraging its advanced manufacturing technologies.

Taiheiyo Cement plans to continue strengthening its business foundation in Southeast Asia by supplying products that meet local demand, contributing to the development of social infrastructure and the circular economy.

In 2021, Taiheiyo Cement reached an agreement with state-owned company SIG and its group company SBI, aiming to establish a base in Indonesia and eventually export to the U.S. After significant investments, including the construction of a shipping terminal and silos at the SBI Tuban plant, exports to the U.S. have now commenced.

Prior to the announcement of exports to the U.S., CalPortland Cement had confirmed the acquisition of key operating assets from Vulcan Materials.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com