Major shareholder offers to sell stake in China Shanshui Cement
China Shanshui Cement Group Ltd said on Thursday that a major shareholder had offered to divest its 25 per cent stake in the company for around US$600m. China Shanshui Investmen...
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Shanshui Cement shareholder plans to sell shares
Shanshui Cement announced that it received a letter from China Shanshui Investment Co Ltd, which holds a 25.09 per cent of shares, stating that it has invited Asia Cement, CNBM ...
China Tianrui Group Cement appoints executive director
China Tianrui Group Cement Co Ltd announced that Ding Jifeng has been appointed as an executive director of the company, effective 15 May 2017.
China Resources Cement expects significant increase in 1H attributable profit
China Resources Cement said it expects he Group's profit attributable to the owners for the six months ended 30 June 2017 to significantly increase as compared with that of the ...
Nepal plant project faces delays
Construction of the Honshu Shivam Cement Factory, a Nepal-China joint venture, is likely to be delayed as the government has been slow to build a road leading to the limestone q...
Anhui Conch attributable profit up 86%
Anhui Conch Group’s net profit attributable to equity shareholders increased by 86.41 per cent YoY in the first quarter of this year to CNY2.153bn (US$312m).
China: consolidation accelerates in the Shandong market
The intention of Mitsubishi cement to withdraw from China's cement sector was confirmed on 14 April, having earlier signed an agreement with state-run China National Building Ma...
Mitsubishi Materials withdraws from China market
Mitsubishi Cement plans to pull out of the Chinese cement market as tighter environmental regulations take their toll and the supply glut hurts the company’s profitability, acco...
China Shanshui Cement wins injunction in ongoing dispute
Shanshui Cement has obtained an injunction from a Hong Kong court that prevents former executives from removing assets worth up to CNY142m (US$20.6m) from Hong Kong and posing a...
BBMG expects 1Q net profit to increase to CNY380-450m
China-based BBMG Corporation said it expects to achieve a net profit attributable to shareholders of CNY380m-450m (US$55m-65m) for the first quarter ended 31 March 2017, an incr...