Cement News tagged under: National Development and Reform Commission
China: three cement firms fined for price fixing23 October 2014, Published under Cement NewsJilin Yatai Group Cement Sales Co Ltd (Yatai), North Cement Co Ltd and (North) and Jidong Cement Jilin LLC (Jidong) were handed out fines for price fixing after China's National Development and Reform Commission (NDRC) instructed the Jilin Province Price Bureau to impose financial penalties totalling CNY114m (US$19m) following alleged breaches of the Anti-Monopoly Law (AML) by the companies involved. The NDRC found that in April 2011, the three cement producers met and agreed to coordinate ... |
China to cut cement overcapacity with new plan20 August 2013, Published under Cement NewsThe Chinese government will soon release guidelines to further tackle industrial overcapacity, according to a report by the Xinhua Economic Information Daily. Xin Renzhou, an official from the Ministry of Industry and Information Technology, said his ministry and the National Development and Reform Commission (NDRC) has finalised details for a plan that will raise technology thresholds on environmental protection and energy saving to limit market access. Enterprises failing to comply with ... |
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