China National Building Materials (CNBM)
The proposed takeover of China National Materials (Sinoma) by China National Building Materials (CNBM) has been given the green light by shareholders of the two companies. The ...
China
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Gansu Qilianshan to invest US$24m in Tibet cement JV
Gansu Qilianshan Cement Group Co Ltd plans to invest CNY159.25m (US$24.08m) to set up a cement joint venture in Tibet with a registered capital of CNY450m. The new investment w...
Call to investigate recent local price hikes in China
Some Chinese cement producers and suppliers were taking advantage of Beijing’s environmental crackdown to artificially hike prices, according to the Wuhan Concrete (Mortar) Ass...
Taiwan Cement Corp increase shipment prices
Taiwan Cement Corp are to raise product prices for shipments to Guangdong and Guangxi provinces by CNY20 (US$3)/t to CNY360, as reported by Taipei Times. The increase in price ...
Fujian Cement to buy limestone mining rights
China-based Fujian Cement plans to buy mining rights of a 0.2Mta limestone mine and a 0.03Mta cement siliceous material ore mine from Shunchang Lugunshan Limestone Mine and Shu...
Anhui Conch to resume Indonesian project with US$240m credit
Anhui Conch Cement has issued guarantees for loans likely to include US$90m facility provided by the company’s Indonesian branch, according to Anhui Conch investor relations. T...
Anhui Conch to import drilling rig for 4500tpd plant
Anhui Conch Cement Co expects delivery of an imported hydraulic drilling rig for its cement production project in Shaanxi province by February 2018. The US$1.7m rig will be ...
China National Building Materials (CNBM)
China National Building Materials Group (CNBM) is in talks to integrate some of its 15 subsidiaries. The move follows the announcement in September this year of the merger betw...
Anhui Conch
Anhui Conch Cement has seen its net profit advance by 64.3 per cent to CNY9.81bn (US$1.48bn) in the period 1 July 2017 to 30 September 2017. This compares to CNY5.97bn in the s...
HK Stock Exchange may propose delisting China Shanshui Cement
China Shanshui Cement Group Ltd said the Hong Kong stock exchange would seek to delist the firm if it was not able to restore a minimum public float of 25 per cent of its iss...