Sinoma sells Midong Tianshan and Fukang Tianshan stakes
China National Materials Company (Sinoma) said its subsidiary Xinjiang Tianshan Cement recently carried out an equity transfer framework agreement. A 64.56 per cent stake in ...
China
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China Resources Cement appoints Ji Youhong as new CEO
Ji Youhong has been appointed as new CEO, executive director and executive committee member of China Resources Cement following the resignation from these positions of Pan Yong...
At the edge of the desert
Exposed to the Sahara desert climate, a new cement plant has been taking shape some 40km north of Biskra, Algeria. In the hot arid summer with temperatures reaching 49.4˚C and ...
Fiji: clinker shipment from China
A cargo vessel has docked at the Kings Wharf, Suva, bringing in clinker for Tengy Cement from China. The vessel is expected to remain in the port for 7-8 days. According to ...
Chinese imports into Kenya show 10-fold rise
New figures from the Kenyan National Bureau of Statistics reveal that the country imported KES2.2bn (US$21.7m) of cement from China in the first six months of 2016, up more tha...
SDIC new projects in Indonesia
State Development & Investment Corp (SDIC), China’s largest State-owned investment holding company by fund volume, has plans to expand its investment portfolio over the next fi...
LafargeHolcim
LafargeHolcim has agreed to sell its 65 per cent stake in LafargeHolcim Vietnam to Siam City Cement Company, assuming that the existing minority shareholder does not exercise i...
Indonesia: Chinese plant begins production in West Papua
A new cement plant funded by China’s State Development and Investment Corporation (SDIC) has begun operations in the Indonesian state of West Papua, China Daily reports. The...
China: Socam to sell part of its stake in Nanjing Jiangnan Cement
Socam Development is to sell a 35 per cent stake in Nanjing Jiangnan Cement to property developer Country Garden for CNY147.6m (US$22m), Etnet reports. Socam Development wil...
Chinese firm invests in Zimbabwe
Mortal Investments Manufacturing Co announced that it is constructing a 1Mta plant in Redcliff, Zimbabwe. The arrival of the Chinese firm in the country is expected to intensif...