Tangshan Jidong Cement begins work on 7200tpd plant
Tangshan Jidong Cement, a state enterprise with domestically listed shares, has begun work on a large 7200tpd (2.4Mt) cement plant. Construction of the Jidong plant in Heilong...
China
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Cement exports on the rise
As global cement capacity continues to rise against a limited demand increase, there is a swell of cement producers chasing ever-smaller export markets across the globe. News t...
Taiwan Cement Corp hopes for improved 2H16
Taiwan Cement Corp, the nations biggest cement maker, yesterday said that business has remained weak since last year, adding that it hopes to see a pick-up in 2H16. "Our busi...
CNBM to issue CNY1.5bn 365-day bills
China National Building Material Co Ltd (CNBM) has announced that it will issue CNY1.50bn(US$232m) unsecured super-short-term bills with a maturity of 365 days on the interban...
The BRICs come under pressure
While the cement world has been concentrating on the slowdown in China and the large-scale mergers in India's cement sector, there has been little notice to the plight of other...
Anhui Conch still outperforming rivals, claims Fitch
Fitch Ratings claims that Anhui Conch Cement Company Ltd has maintained its financial strength and improved its market share in 2015, despite seeing a sharp decline in its dome...
China: Anhui Conch suffers 32% profit fall in 2015
China's largest cement maker, Anhui Conch, reported a 32 per cent fall in 2015 net profit on Wednesday, marking its first profit fall in three years as a slowing Chinese econom...
BBMG sees net profit slip 16.7%
BBMG Corp reported a fall in net profit for 2015. Its net income fell 16.7 per cent to CNY2.02bn (US$310m), declining for a second straight year. The cement and building mater...
Fitch: West China Cement's weaker operating results outweighed by Anhui Conch's takeover
Fitch Ratings believes West China Cement Ltd's weaker operations – as reflected in the 2015 results – is outweighed by its pending takeover by Anhui Conch Cement Company Limite...
CRC attributable profit drops 76% YoY
China Resources Cement (CRC) said its profit attributable to owners for the year ended 31 December 2015 dropped 75.9 per cent YoY to HKD1015m (US$130.8m). Turnover was HKD26,...