Xinjiang Qingsong Building Materials & Chemicals (Group) Co Ltd has acquired a 31.64 per cent stake in Yili Nangang Building Materials (Group) Co Ltd for CNY169m (US$27.7m), the company announced. After the acquisition, Qingsong Building Materials' stake in the Xinjiang Uyghur Autonomous-based company increased to 51 per cent, further expanding cement market shares in the region.

Holcim Ecuador appoints new production manager at Guayaquil
Holcim Ecuador has welcomed Ivanoff Rojas, as the new production manager of its Guayaquil cem...