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 time...
China
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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 Reut...
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.
West China Cement issues first-half profit warning
West China Cement Ltd said Wednesday it expects to record a "significant decrease" in net profit for the six months ended June compared with a year ago. The Hong Kong-listed cem...
Magnesita and ACIS announce agreement for global cement greenfield projects
Magnesita Refratários SA, a publicly-traded Brazilian corporation dedicated to mining, production and sales of refractory materials and industrial minerals, announced an agreeme...
China: UBS lowers CRC target price, earnings estimates
UBS Global Research lowered its target price for China Resources Cement (CRC) to HK$4.8 from HK$5.3, and maintained its 'neutral' rating. The research house said CRC has underpe...
Fitch puts China Shanshui Cement ratings on Negative Watch
Fitch Ratings has affirmed China Shanshui Cement Group Limited's (Shanshui) Long-Term Issuer Default Rating (IDR) and senior unsecured ratings of 'B+'. The agency has also put t...
West China Cement issues Conch International HK$1.53bn worth of shares
West China Cement said Friday that it will issue HKD1.53bn (US$197.4m) worth of shares to to Conch International Holding, a wholly owned subsidiary of Anhui Conch Cement Company...
China: Hubei producers may default on carbon obligations
Cement producers participating in the carbon market in China's Hubei province have told the local government they cannot afford the millions of yuan required to buy permits to c...
China Shanshui Cement new loans suspended
China Shanshui Cement Group Ltd said some banks have halted new loans and suppliers are demanding immediate repayment after a court put one of the cement maker’s main shareholde...