Cement News tagged under: Allied Cement
Hong Kong: Allied cement proposes name change02 June 2016, Published under Cement NewsAllied Cement aims to improve its core competitiveness and the Board believes that the proposed change of company name to Tongfang Kontafarma Holdings Ltd would better reflect the expansion of the group’s business scope and diversified operations. The Board is of the view that the proposed name change is in the best interests of the company and the shareholders as a whole, and provide the company a new image. |
Allied Cement wins approval for Bailonggang project04 February 2014, Published under Cement NewsAllied Cement has been given approval for its Bailonggang project by the Development and Reform Commission. The new plant is to be based in Bailonggang, Pudong, Shanghai and is a joint venture between Allied Cement and Shanghai Building Material Group. Following granting of the major approvals from the relevant authorities for the Bailonggang project, the next stage will include land acquisition, finalisation of technical proposals, inviting tenders and commencement of construction. |
Shanghai Allied Cement joint venture, China16 February 2012, Published under Cement NewsAllied Cement said Shanghai Allied Cement (SAC) agreed to set up a 50-50 joint venture with Shanghai Building Material (Group) General Company aiming at commencing construction of the Bailonggang Project in Shanghai by the end of 2012. The total investment of the joint venture CNY1.98bn and registered capital joint venture will be CNY800m. Shanghai Building Material and Shanghai SAC agreed to establish the JV to operate and manage the Bailonggang Project, involving the development of new ... |
Allied Cement: market challenges ahead, China19 January 2012, Published under Cement NewsAllied Cement of China, which made its debut on the main board of Hong Kong’s stock exchange yesterday, said it faces slowing demand growth for its products on the back of the economic slowdown and a credit squeeze in China. During a ceremony to mark the company’s listing, its managing director Ng Qinghai said demand in the Yangtze River Delta (East China), Allied Cement’s main market, would increase approximately 5-10 per cent this year. This is slower than the 12 per cent registered last... |
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