China Resources Cement profit edges up 3% in 3Q
China Resources Cement reported a 3.2 per cent YoY increase in 3Q profit to HKD9.31bn (US$1.19bn) in 2019 when compared with HKD9.02bn in the year-ago period. The company’s prof...
China
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China steps into the lime light Premium
As the urbanisation rate in China increases and the government legislates for a more sustainable society, the use of lime is set to expand. This is expected to lead to the moder...
China Tianrui Group Cement enters into new clinker supply agreement
China Tianrui Group Cement has entered into a new clinker supply framework agreement with Ruiping Shilong, which will remain active until 31 December 2021. While an existing cli...
Ocean plastic: an opportunity in the circular economy? Premium
Initiatives are under way to address the global issue of plastics litter in the oceans. Norway’s SINTEF highlights the use of co-processing in the Ocean Plastic Turned into an O...
Jidong Cement to acquire 49% stake in Beijing BBMG Mangrove
China’s BBMG Corp is set to sell its entire 49 per cent stake in Beijing BBMG Mangrove to Jidong Cement for CNY1.72bn (US$241m). Jidong Cement is expected to fund the acquisitio...
China National Building Materials (CNBM)
Sinoria FABCOM, a subsidiary of China National Building Materials (CNBM), has confirmed its plans to open a fibre cement board plant in Abuja, Nigeria. According to the company,...
Anhui Conch
Despite the project proving to be a loss maker, Anhui Conch is fully committed to its carbon capture investment at the Baimashan plant in eastern China. The US$10m carbon captur...
West China Cement to set up cement joint venture
West China Cement subsidiary West International, CIF-MOZ, Oceanic Star and Guhava have entered into a cooperation agreement to establish a joint venture for joint investment and...
Carbon capture is a loss-maker for Anhui Conch
Anhui Conch has invested US$10m in carbon capture equipment at its Baimashan plant near the Yangtze river in eastern China. The pilot carbon capture and storage (CCS) project, i...
Cement prices rise in China due to demand from construction sector
On 9 September, the construction of 10 major projects started in southwest China's Guizhou province, representing a total investment of CNY68.53bn (US$9.62bn). As a result, ceme...