China: outward bound Premium
China’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential veh...
China
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Anhui Conch Cement posts 13% increase in net profit for 2019
China’s Anhui Conch Cement has announced a 13 per cent increase in net profit to CNY33.59bn (US$4.73bn) for 2019, compared with CNY29.81bn in the previous year. EBITDA advanced ...
Conch: window on 2025 Premium
The dramatic expansion of the Chinese cement market over the past three decades has been nothing short of an economic miracle. ICR speaks with Dengbang Gao, chairman of the Conc...
Asia’s plastic potential Premium
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 worldwi...
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 Premium
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 pri...
The noise about fans Premium
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 we...
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 incre...
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.