Chinese cement companies expect significant rise in 1H net profit
Huaxin Cement has forecast a rise in net profit between 46-56 per cent YoY from CNY2.1bn (US$305m) in the first half of 2019 when compared with the 1H18, according to Reuters. ...
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China to reduce cement capacity by 70Mta
The China Building Materials Federation has revealed it plans to reduce cement capacity by 70Mta this year as it intends to reduce air pollution and consolidate the industry to...
Cosco Shipping Bulk signs logistics agreement with Conch
Cosco Shipping Bulk has signed an agreement with Conch Logistics, the logistics business of China-based Anhui Conch Group. The two companies will jointly develop the cement log...
Aggregates in growth mode
The scale and dynamics of the aggregates industry are often poorly understood. Now, thanks to the Global Aggregates Information Network (GAIN™), better macro-data is available,...
Vietnamese clinker imports to China increase in 1Q19
Vietnamese cement exporters are starting to take significant market share in China as they succeed in undercutting domestic producers. Imports of clinker surged by more than 1...
Shanshui Cement to work with Conch Venture on waste utilisation projects
China Shanshui Cement Group Ltd has entered into a strategic cooperation agreement with China Conch Venture Holdings Ltd to collaboratively develop projects for the treatment o...
UltraTech Cement
Following its acquisition of Binani Cement, UltraTech Cement is now looking to sell the 3Mta integrated cement plant in China and 2.5Mta grinding plant in UAE it inherited as p...
Huaxin Cement begins Zafarabad plant build in Uzbekistan
China’s Huaxin Cement Co Ltd has started construction on the 1.2Mta cement plant in Zafarabad district, Jizzakh region in Uzbekistan. Output from the plant is expected to be ...
Soil and wind-blown sand cement developed in China
Chinese researchers at Ximjiang Communications Construction Group Co Ltd claim to have developed a low-cost and environmentally-friendly cement with ingredients that include na...
Shanshui Cement reduces loss to CNY210.89m
Shanshui Cement has narrowed its loss to CNY-210.89m (US$-31.3m) for the 1Q19, according to a company statement. In the 1Q18 the company loss reached CNY-471.22m. Shanshui’s o...