YTL Cement completes divestment of China subsidiary
YTL Cement (Hong Kong), a subsidiary of YTL Corp Bhd, has finalised the disposal of its 100 per cent equity interest in Zhejiang Hangzhou Dama Cement Co Ltd (Dama Cement), accor...
China
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A change in direction for Taiwanese cement producers
Taiwan's cement sector saw tremendous growth in 2020, after the country acted rapidly and very successfully to contain the COVID-19 pandemic. Cement consumption rose from 9.48Mt...
China's imports from Vietnam rise 36%
China, the Philippines and Bangladesh were the biggest importers of Vietnamese cement in the first two months of 2021, according to the General Department of Vietnam Customs. Ch...
West China Cement sees sales volumes rise 3%
West China Cement has seen its attributable profit decrease 13.4 per cent YoY to CNY1560m (US$237.48m) in 2020, compared with CNY1801.3m in the previous year. Revenue was down 1...
Huaxin Cement Xiangyang Co Ltd invests CNY1.5bn in building materials industrial park
This year, Huaxin Cement Xiangyang Co Ltd is investing an additional CNY1.5bn (US$230.6m), in its original cement building materials project. Huaxin Xiangyang Building Materials...
Tangshan Jidong Cement reports 3% rise in income
China’s Tangshan Jidong Cement has reported a 2.8 per cent YoY increase in operating income to CNY35.48bn (US$5.46m) for 2020, compared to CNY34.51bn in the previous year. Net p...
China Resources Cement reports 4% profit increase
China Resources Cement has seen its profit attributable to owners rise four per cent YoY to HKD8.96bn (US$1.15bn) for 2020. The company also posted a turnover of HKD40.09bn in 2...
China’s path to green growth Premium
It’s been almost 25 years since Changming Gao, senior consultant of FLSmidth (Beijing) Co Ltd, proposed the ‘Four-Zero and One-Negative’ sustainable development strategy. Since ...
Cementir sees strong regional sales in Turkey
Cementir Holding’s consolidated results for 2020 saw a surge in Turkish local cement demand and exports. This saw an increase in revenues of 53 per cent in local currency and a ...
Stepping up cooler efficiency Premium
Tianjin Cement Industry Design and Research Institute Co’s new fourth-generation cooler, called the ‘Sinowalk’, includes key features such as high heat recovery efficiency, stab...