China

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Anhui Conch 1Q net profit sees 27% hike

Anhui Conch 1Q net profit sees 27% hike

Chinese cement major Anhui Conch Cement Co posted a 27.3 per cent YoY increase in net profits in the first quarter of 2019 following strong growth last year. Conch Cement sai...

Anhui Conch

Anhui Conch’s impressive 88 per cent YoY leap in profits last year is being attributed to China’s crackdown on polluting industries, including steel, coal and cement. The crack...

GCCA welcomes new member companies

GCCA welcomes new member companies

The Global Cement and Concrete Association (GCCA) has added cement companies from India, China, Peru and Mexico to its growing global membership base which now totals 36 member...

Modular miracles

Modular miracles

Cement producers looking for fast entry into growing small- and medium-sized markets are increasingly looking at employing the light-asset approach. Modular and mobile grinding...

Raising expectations

Raising expectations

A tightening supply-demand balance, rising prices and record industry profits have raised expectations of an improved scenario for China’s cement producers in 2019. A number of...

The new Asian paradigm

This week CemNet news reported on the latest developments in LafargeHolcim's (LH) sale of Holcim Philippines Inc. Shares in the company have risen 50 per cent since January 201...

China’s balancing act

China’s balancing act

2018 marked the 40th anniversary of China’s “Reform and Opening Up”, the name given to the hugely successful economic reforms instigated by Deng Xiaoping in 1978, which initiat...