Asia Cement Corporation
1102.TW · TAI
Company research
Asia Cement Corporation (TWSE: 1102), founded in 1957 and headquartered in Taipei, Taiwan, is a leading construction materials company principally engaged in the production, transportation, and sale of cement, clinker, ready-mixed concrete, and related cement products, distributing its well-known "Skyscraper" brand across Taiwan, China, and various international markets including Singapore, Malaysia, the Philippines, Hong Kong, and Hawaii. The company operates through multiple business segments, including Cement, Electric Power, Investment, Engineering, Transportation, Stainless Steel, and Leasing, reflecting its broad diversification beyond core cement manufacturing. With a combined annual clinker production capacity of 5 million metric tons across its plants in Hsinchu, Hualien, and NanHwa, Taiwan, Asia Cement has established itself as one of the most prominent players in Taiwan's cement industry. As a member of the Far Eastern Group and with a market capitalization of approximately TWD 128.7 billion, the company also distinguishes itself through its commitment to environmental sustainability, becoming the 4th cement company globally to have its carbon reduction targets validated by the Science Based Targets initiative (SBTi) in 2021.