China

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China: Anhui Conch Cement chairman retires

China: Anhui Conch Cement chairman retires

Anhui Conch Cement Co said Friday chairman Guo Wensan is resigning as he has reached the retirement age. The Hong Kong-listed company said Vice Chairman Wang Jianchao will assu...

Anhui Conch to double West China Cement stake

Anhui Conch to double West China Cement stake

Anhui Conch Cement Co has agreed to more than double its stake in West China Cement Ltd for HK$4.59bn (US$592m). Conch International Holdings (HK), a wholly owned unit of Anhu...

Coal prices set to fall further

Coal prices set to fall further

Cement producers can expect to look forward to lower coal prices as world demand for the commodity is expected to fall and over-investment in mines is causing a production hike...