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 ...
China
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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 2019...
China’s balancing act Premium
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 initiate...
The road to global leadership Premium
With China’s One Belt, One Road initiative increasing momentum, demand for cement is set to rise. ICR speaks with Romain de Laubier and Arne Burfeind of Boston Consulting Group ...
China Tianrui full-year profit 21% up in 2018
China Tianrui Group Cement reported a 21 per cent increase in profits to CNY1.21bn in 2018 when compared with CNY1bn the previous year. The company’s revenues were up 19.5 per c...
Vietnamese exports rise 15% in February
Vietnamese exports have risen 15.2 per cent in volume and 36.3 per cent in value for February 2019, rising to around 2.5Mt and US$105m, respectively. The average export price ha...
Construction to begin on Nepali-Chinese joint venture
Huaxin Cement Narayani, a Nepali-Chinese joint venture, is set to begin construction on its facility in Dhading district, Nepal, within the next few days. "The promoters of the ...
Anhui Conch
Kawasaki Heavy Industries has delivered two CK Mills to China’s Jiande Conch Cement via Anhui Conch Kawasaki Energy Conservation Equipment Manufacturing (CKM), a joint venture b...
Sinoma Energy to supply Athi River plant
China’s Sinoma Energy Conservation has signed a KES25.5bn (US$251m) deal to power Devki Group’s Athi River cement plant and its Mombasa-based raw steel processor. Sinoma announc...
Chinese manufacturer to enter Sri Lankan market
A Chinese cement manufacturer will set up a plant in the Hambantota Export Processing Zone, Sri Lanka, according to Nalin Bandara, deputy minister of Development Strategies and ...