China Shanshui to buy back two outstanding senior notes due 2016, 2020
China Shanshui Cement Group Ltd said Thursday it offered to buy back the outstanding amount of two senior notes valued at US$528.9m from investors. The Hong Kong-listed cemen...
China
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Credit Suisse upgrades China Resources Cement rating
Credit Suisse raised its target price for China Resources Cement (CRC) at HKD3 (US$0.39), but upgraded its rating from "neutral" to "outperform". The research house cited its ...
TCC warns on full-year net loss
TCC International Holdings Ltd said it expects to swing to a net loss for 2015 from a net profit of HKD2.05bn (US$264.5m) in the previous year. The cement producer said the ex...
China Shanshui Cement regains control of Shandong Shanshui Cement
China Shanshui Cement Group Ltd said Monday it has regained control of Shandong Shanshui Cement Group Co, but three former directors of Shandong Shanshui and a group of people ...
Shansui Cement management in turmoil
China Shanshui Cement Group, which last month defaulted on a CNY2bn bond and saw its entire board ousted early this month, says it has reported the loss of key documents, data ...
CRH meets with Sinoma Group
John Watkins, country director China of CRH met with Peng Jianxin, president of Sinoma Ltd, on 18 November 2015. During the meeting both sides exchanged views on the current si...
Anhui Conch
West China Cement (WCC) has become the sixth Chinese company to join the Cement Sustainability Initiative (CSI). Following a recent transaction, in which Anhui Conch Cement is ...
China National Building Materials (CNBM)
Cement demand in China usually peaks in the months of September and October but not so in 2015 as numerous infrastructure projects suffered from ongoing delays. China’s cement ...
Nepal approves Chinese US$140m cement plant
Nepal has endorsed a foreign direct investment (FDI) proposal by China’s Huaxin Cement Co to establish a cement plant in Nepal. The US$140m cement works project is in partnersh...
New Kazakhstan cement plant agreement signed
Huaxin Cement Co of China has signed an agreement to invest US$150m in the construction of a 1Mta cement plant in the Aktobe region of Kazakhstan. The deal was signed by Berdy...