Cement News tagged under: Tianrui Cement

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China: Shanshui Cement turn down share disposal offer

30 July 2015, Published under Cement News

Shanshui Cement's chairman and general manager, Zhang Bin, has told the press that in response to the possible acquisition of company shares from CNBM and Asia Cement China, company shareholders have decided to decline the proposed disposal of shares.  China Tianrui became the substantial shareholder of Shanshui Cement in April and proposed a change in the number of members in the board of directors. Afterwards, Asia Cement China and CNBM sent a letter and proposed for the entire acquisiti...

Moody's withdraws Tianrui Cement's rating, China

22 January 2013, Published under Cement News

Moody's has withdrawn its rating for Tianrui Cement’s, the largest cement producer in China's Henan and Liaoning provinces, for its own business reasons.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 Company Ltd, which listed on the Hong Kong Stock Exchange had a clinker and cement production capacity of 22.25Mta and 39.23Mta, respectively, as of 30 June 2012.  The company is 39.6 per cent owned by its chairman, Li Liufa, and his son, Li Xuanyu; 18.7 per cent by Tang Ming Chien; 16.7 per cent by KK...