Fitch Ratings publishes Anhui Conch Cement’s Rating of 'A-'/Stable
Fitch Ratings has published Anhui Conch Cement Company Limited's (Conch) Long-Term Foreign-Currency Issuer Default Rating (IDR) and senior unsecured rating of 'A-'. The Outlook...
China
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China Resources 1H attributable profit falls 25.6%
China Resources Cement said its profit attributable to owners for the six months ended 30 June 2015 dropped 25.6 per cent YoY to HK$1530.2m. The basic earnings per share were ...
Asia Cement 1H profit plunges, China
Asia Cement (China) said its profit attributable to owners for the six months ended 30 June 2015 plunged 97.4 per cent YoY to CNY9.85m, attributable to the decrease in average ...
China: Shanshui Cement turn down share disposal offer
Shanshui Cement's chairman and general manager, Zhang Bin, has told the press that in response to the possible acquisition of company shares from CNBM and Asia Cement China, co...
China: Asia Cement gives 1H net profits warning
Asia Cement said it expects to record a substantially lower net profit for the six months ended 30 June 2015 as compared with the same period in 2014. The decrease in net profi...
China Shanshui shareholders mull takeover bid
China Shanshui Cement Group Ltd said two of its largest shareholders are considering a takeover bid, Bloomberg reports. Asia Cement Corp of Taiwan and China National Building ...
Sustained global cement demand growth expected
Global cement consumption is expected to record sustained growth in 2015, with further gains forecast for 2016, according to analysis presented in the recently-released Global ...
China: Hubei ETS compliance deadline postponed
Chinese cement firms under Hubei's carbon market will be forced to spend millions of yuan to meet targets as authorities rejected pleas for leniency, but they now have more tim...
Conch reduces shareholding in two producers
Anhui Conch Cement has sold its shares in Xinjiang Qingsong Building Materials and Chemicals Group and Tangshan Jidong Cement Co in the April-June 2015 period, according to Re...
West China Cement appoints Liu Shan as director
West China Cement has appointed Liu Shan as non-executive Director. The appointment became effective on 1 July 2015.