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News Taiheiyo Cement to introduce coal surcharge in September 2022

Taiheiyo Cement to introduce coal surcharge in September 2022

Written by Global Cement staff 13 June 2022
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Japan: Taiheiyo Cement plans to introduce a coal surcharge for its cementitious products in September 2022 due to rising energy prices. It will use a surcharge system linked to the price of coal for one year until the end of August 2023. The first surcharge will be determined based on the price of coal in June 2022 and then disclosed in mid-August 2022. It will be revised every two months. The surcharge will be charged separately from the product price.

The cement company said that, “Although we are trying to further reduce costs, it is not possible to absorb the unprecedented rise in costs only by corporate efforts.”

Last modified on 15 June 2022
Published in Global Cement News
Tagged under
  • Taiheiyo Cement
  • Japan
  • Coal
  • Price
  • surcharge
  • GCW561
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