Cement News tagged under: China
Cameroon sees exports more than double in 201724 May 2018, Published under Cement NewsCement exports from Cameroon reached 57,459t in 2017, a considerable increase from 19,700t in 2016, according to data released by the Ministry of Economy, Planning and Trade. Most of the volume is supplied to countries of the Economic and Monetary Community of Central Africa (CEMAC). The rise has come on the back of an increase in local cement production by Cameroon’s cement manufacturers, which have a total production capacity of 3.7Mta. The domestic market saw its local supply su... |
CNBM appoints new board members11 May 2018, Published under Cement NewsSong Zhiping, chairman of the board of China National Building Material Co Ltd (CNBM), as well as Guo Chaomin and Xu Weibing, both directors of the board will step down from the board with effect from 13 June 2018, when the company’s annual general meeting takes place. The board of directors has thanked both directors for their service to the company. Resolutions for approval at the AGM have been proposed to approve the electdion of Peng Jianxin as executive director. In addition, Xu Weibi... |
Taiwanese giants profit on mainland China08 May 2018, Published under Cement NewsThis week the Taiwanese cement giants operating on the Chinese Mainland disclosed they expect a profitable year ahead with pickings envisaged to be richer than in their domestic market. While it had not increased cement capacity in China,Taiwan Cement Corp (TCC) became the sixth-largest cement manufacturer in China before the end of 2017. This followed an 8Mta cut in production capacity to 51.5Mta by China Shanshui Cement Group. In addition, Asia Cement Corp (ACC), part of Taiwan cong... |
Taiwanese giants profit on mainland China04 May 2018, Published under Cement NewsThis week the Taiwanese cement giants operating on the Chinese Mainland disclosed they expect a profitable year ahead with pickings envisaged to be richer than in their domestic market. While it had not increased cement capacity in China,Taiwan Cement Corp (TCC) became the sixth-largest cement manufacturer in China before the end of 2017. This followed an 8Mta cut in production capacity to 51.5Mta by China Shanshui Cement Group. In addition, Asia Cement Corp (ACC), part of Taiwan conglomer... |
Taiwan cement producers forecast profits from Chinese operations01 May 2018, Published under Cement NewsTaiwan and Asia Cement are expecting to experience a profitable year, on the back of price hike in China and increasing pressure on cement manufacturers on the mainland who cannot meet Bejing's stricter environmental regulations. Taiwan Cement Corp is forecast to generate net profit of TWD16.48bn (US$556.1m) for the whole of this year, a 117 per cent surge from TWD7.6bn last year, Taishin Securities Investment Advisory Co said. Taiwan Cement's revenue is forecast to grow 21.6 per cent a... |
Sinoma to build 5000tpd Salavat plant26 April 2018, Published under Cement NewsA cement plant worth almost RUB12bn (US$194m) will be built in the Russian Republic of Bashkiria, RBC news agency reported on Tuesday. The clinker capacity of the plant will be 5000tpd. Prominvest, a company specialising in the production of cement, acts as an investor of the project, which has become one of the priority projects in the Salavat region. Following the visit of the Bashkir delegation to China, an agreement was reached on the participation of Sinoma Group for the new plant.... |
Grinding plant and quay berths acquired by CK Infrastructure Holdings25 April 2018, Published under Cement NewsCheung Kong Infrastructure Holdings has acquired a cement grinding station and three quay berths in Yun Fu city in Guangdong province, China, at CNY180m (US$28.5m). The agreement was made for the purchase with Chuang Dong Chemical Ltd. The facility covers an area of 68,000m 2 and it has cement grinding capacity of 1Mta. The three berths handle an average 3Mta, CKI said. CKI;s subsidiary Green Island Cement (Yunfu) will own the new assets and clinker produced by Green Island Cement in Hong ... |
Vietnam exports rise 68 per cent in the 1Q1819 April 2018, Published under Cement NewsVietnam has seen a 68 per cent increase in cement exports for the 1Q18, following the shutdown of several Chinese plants, according to Viet Nam News. Nguyễn Quang Cung, vice chairman of the Vietnam Building Material Association, announced that production in the country surged 18 per cent YoY in the quarter, marking the first time it had recorded high growth against an annual increase of approximately 10 per cent. The growth in exports was due to the policy change of the Chinese governm... |
China United Cement joins the WCA04 April 2018, Published under Cement NewsThe World Cement Association (WCA) has announced that China United Cement Corporation (CUCC) has joined as a Corporate Member. CUCC is a cement company with a production capacity of 80Mta and more than 70 branches and subsidiaries all over China. With the corporation joining the international association, WCA now covers 35 countries. |
Annual VDMA Building Material Plants Day held in Frankfurt30 March 2018, Published under Cement NewsThe annual VDMA Building Material Plants Day highlights the efforts made by plant manufacturers who supply the cement industry and many others. "We anticipate that incoming orders will once again grow in the double-digit range this year," said Hermann Weckenmann, Chairman of the VDMA Building Material Plants Group. Mr Weckenmann noted the increase in demand anticipated from emerging countries and China, according to a press release. In particular, German building material plant manufactur... |