Asia’s plastic potential
With the highest consumption of plastic in the world and representing two-thirds of global cement production, five Asian countries provide the opportunity to address the worldw...
China
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Coronavirus' impact on cement
The coronavirus (COVID-19) has already made a leap out of China and is rapidly affecting international communities and stock markets around the world. The cement sector has not...
China’s cautious confidence
With most provinces reporting a growth in cement output, Chinese cement companies enjoyed a bountiful year in 2019, supported by stronger peak-season demand and stable, high pr...
The noise about fans
Fans are widely used to move air in a range of industries, including the cement industry. However, if not suitably insulated they can give rise to noise issues and impact the w...
Jiangxi Wannianqing Cement projects profit increase for 2019
China’s Jiangxi Wannianqing Cement has projected its net profit to rise from CNY1.1bn (US$160.26m) to between CNY1.28-1.5bn for 2019. The company has attributed the profit i...
Gansu Qilianshan Cement expects 85% rise in profit
China’s Gansu Qilianshan Cement expects to realise a net profit of around CNY1.21bn (US$174m) in 2019, an increase of approximately 85 per cent compared to CNY654.8m last year....
West China Cement has new CFO
Chu Yufeng has been appointed chief financial officer of West China Cement. The company stated that his predecessor Chan King Sau ceased to be CFO, according to Reuters.
China's 2020 demand growth forecast increases
Nomura has increased its 2020 demand growth forecast for China from three per cent to five per cent following expectations that Beijing will continue to support its property an...
Huaxin Cement plans share buy-back scheme
China’s Huaxin Cement has announced its intention to buy back company shares worth around CNY100-125m (US$14.21-17.76m) within the next 12 months. The company also stated it...
Dongwu Cement to sell stake in wastewater treatment company
China’s Dongwu Cement has announced that its subsidiary, Xinhua Shanghai Investment Management Co, plans to divest its entire 62.26 per cent stake in Shanghai Biofit Environmen...