Xinjiang Tianshan Cement set to issue bonds
The board of China's Xinjiang Tianshan Cement has reviewed and approved a proposal to apply to the China Interbank Market Dealers’ Association for the registration of ultra-sho...
China
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IRClass cement carrier launches in China
A cement carrier under construction at Penglai Zhongbai Jinglu Ship Industry Co Ltd, China, was successfully launched on 30 March 2020. The vessel, called ‘Advaita’, has been b...
WCA shares Sinoma Research Institute innovations in energy efficiency webinar
The World Cement Association (WCA) held its 'Energy efficiency and New Technologies' webinar yesterday with guest speakers from Sinoma Research Institute (SRI), CNBM group. ...
Huaxin Cement acquires ARM Cement's Tanzanian unit
The Tanzanian unit of Kenya's ARM Cement has been sold to China's Huaxin Cement, according to its administrator PricewaterhouseCoopers. Huaxin is expected to invest US$116m ...
Taiwan Cement expects stronger 2H20
Taiwan Cement Corp gave a positive outlook for its core businesses this quarter as the cement market appears to have emerged from the shadows of the COVID-19 pandemic in China....
Vietnam's cement exports to China drop 5% in 1Q20
China was the largest market for Vietnamese cement imports in the first quarter of 2020, importing 2.73Mt worth US$96.92m, according to the latest data from the General Departm...
RHI Magnesita reports resilient 1Q cement business
RHI Magnesita NV reports that the Industrial division continued to perform well in 1Q20, particularly in cement. Trading activity in the steel division remained weak in Europe ...
Anhui Conch Cement sees net profit decrease 19%
China-based Anhui Conch Cement has seen its net profit fall 19.2 per cent YoY to CNY4.91bn (US$693.3m) in the first quarter of 2020, compared to CNY6.08bn in the 1Q19. Reven...
China Shanshui Cement records 29% revenue fall
China Shanshui Cement has recorded a 29 per cent fall in operating revenue to CNY1.83bn (US$258.83m) in the first quarter of 2020, compared to CNY2.58bn in the corresponding pe...
Huaxin Cement reports 65% fall in 1Q20 profit
China’s Huaxin Cement has reported a 65 per cent YoY decline in net profit to CNY354.1m (US$50.06m) for the first quarter of 2020, according to Reuters. However, the company h...