TOKYO — Taiheiyo Cement plans to export up to 1 million tonnes of cement annually to the U.S. from Indonesia by expanding capacity there, as well as capture infrastructure-related demand in Southeast Asia by increasing production in the Philippines.
The moves come as the Japanese cement manufacturer looks to other markets after exiting China last year. It has added export storage facilities at the Indonesian plant and plans to build a pier there for loading the cement onto ships. Not only is the site expected to be an export base for the U.S, but Oceania as well.
