China: Shanshui Cement to raise HK$456m from placing
Shanshui Cement announced that it has entered into a placement agreement, proposing the placing of 910-950m new shares at a price not less than HK$0.5/share. This placing price ...
China
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China Cement Association urges consolidation
The China Cement Association has petitioned policymakers to speed up consolidation in the cement sector, which currently has 3500 producers. The consolidation aims to concentrat...
China: cement prices to remain strong in 2H16
Chinese cement prices are predicted to rebound strongly in the remaining three months of the year, say analysts, thanks to rising domestic home prices, which have also boosted t...
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.
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 Yongh...
At the edge of the desert Premium
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 a...
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.
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 than...
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 fiv...
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 it...