Global Cement Report
Hong Kong
PDFFull Introduction ReportDownload HereAfter a decade of declining cement demand, Hong Kong now appears to be looking forward to modest market growth. Green Island Cement, its sole producer, has restarted its mothballed kiln in 2006, anticipating better times ahead.
Country Research
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JPMorgan sells 2.65m shares in Conch Cement
06 June 2013JPMorgan Chase & Co sold 2.65 million shares in Anhui Conch Cement Co Ltd for a total of HKD70.2m (US$9m), according to the Hong Kong Stock Exchange. After the sales, JPMorgan still holds 218.54 ...
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Sinoma makes Indian acquisition
12 April 2013Sinoma International Engineering (Hong Kong) Co Ltd, part of China National Materials Group Corporation Ltd, has acquired a majority stake in India-based cement equipment manufacturer LNV Technolo...
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Taiwan: plenty of promise
20 March 2013Taiwan cement consumption has been holding relatively firm since 2010 and despite a slight dip last year, is expected to show a steady performance in the years ahead. To increase capacity utilisat...
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Prosperity Minerals to dispose of its stake in TCC Liaoning, China
08 February 2013Prosperity Minerals has signed a conditional sale and purchase agreement with TCC International Holdings Ltd to sell its 16.11 per cent interest in TCC Liaoning for CNY144.5m (approximately US$23...
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TCC International issues profit warning
07 February 2013TCC International Holdings Ltd could be facing a 60 per cent drop in 2012 profit due to slowing demand and pricing pressures in China. The company, a subsidiary of Taiwan Cement, filed a profit ...
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Moody's withdraws Tianrui Cement's rating, China
22 January 2013Moody's has withdrawn its rating for Tianrui Cement’s, the largest cement producer in China's Henan and Liaoning provinces, for its own business reasons. China Tianrui Cement Group Cement Compan...
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SINOMA accelerates southwest expansion with Taiwan Cement
10 January 2013China National Materials Group Corporation Ltd (SINOMA) and Taiwan Cement Corporation recently inked agreement in Hong Kong for strategic cooperation. Both sides will exchange information, boost ...
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Taiwan Cement and CNBM sign cooperation agreement
04 January 2013Taiwan Cement Corp has signed a strategic partnership agreement with China National Building Material Co (CNBM) to expand cooperation between the two companies. According to Taiwan Cement, the ...