CNBM begins restructuring cement business
China National Building Materials (CNBM) has begun restructuring its cement business and has subsequently sold China United Cement, Sinoma Cement, as well as a 99.9 per cent sta...
China National Building Materials
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CNBM adds 18.7% stake in Southwest Cement
China National Building Material (CNBM) said it agreed to purchase a 18.7 per cent equity interest in Southwest Cement Co from Zhonghai Trust Co Ltd for CNY1918m (US$295.1m). Th...
China National Building Materials (CNBM)
China National Building Materials (CNBM) is set to conclude its merger with China National Materials (Sinoma) in the first week of May this year. The deal received final shareho...
CNBM to acquire stake in Shanshui Cement
China National Building Material Co (CNBM) is set to acquire a 20 per cent stake in Shanshui Cement Group for HK$1.56bn (US$201m). Shanshui Cement will sell 563.2M new shares at...
China National Building Materials (CNBM)
China National Building Materials (CNBM) has reported a 37 per cent rise in revenue in 9M13. Total operating revenue stands at US$13.4bn, compared to US$9.8bn in the same period...
China National Building Materials (CNBM)
China National Building Materials (CNBM) has entered into an agreement with Qatari Investors Group to expand the Al Khaliji Cement plant. Al Khaliji, a subsidiary of Qatari Inve...
Taiwan Cement and CNBM sign cooperation agreement
Taiwan Cement Corp has signed a strategic partnership agreement with China National Building Material Co (CNBM) to expand cooperation between the two companies.
South Cement Co to issue short-term bills, China
South Cement Co, owned by China National Building Materials Co, has announced it plans to issue CNY1.5bn (US$240m) in short-term bills with a maturity of 365 days in the interba...
CNBM sees 2011 annual net profit doubling, China
China National Building Materials said it expects 2011 annual net profit to double on increased prices and higher cement sales and, according to some analysts, the company shoul...
Fujian joint-venture announced, China
Chinese cement producer, Fujian Cement plans to set up a joint venture, Fujian Jianfu Southern Cement, with its second-largest shareholder, Southern Cement to consolidate the ce...