Mechel signs memorandum with Jidong Cement
Russian mining and metals company Mechel ОАО signed a coal supply memorandum with Chinese cement producer Jidong Cement. According to the signed memorandum, Mechel is due to sup...
China
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Prosperity considers Anhui Chaodong transaction
Prosperity Minerals Investment Ltd (PMIL), a wholly-owned by Prosperity International, is contemplating a transaction involving Anhui Chaodong Cement Co Ltd (ACC), a company who...
EPC contract signed for new Limak cement works, Turkey
China's Sinoma International Engineering Co signed a contract on Friday with Turkey's Limak Holding to build a US$155m cement factory in the capital Ankara. The factory will hav...
Chinese firm signs MoU for Masvingo plant, Zimbabwe
Masvingo Rural District Council has signed a Memorandum of Understanding with Xhing Xhong Cement Co of China for the establishment of a new cement plant in Zimbabwe. “I can conf...
China Tianrui Group Cement Co to issue CNY500m unsecured short term bills
China Tianrui Group Cement Co, a leading clinker and cement producer in Henan and Liaoning provinces, has announced that it will issue CNY500m (US$80.7m) unsecured short-term bi...
Shandong Shanshui Cement to issue CNY900m 366-day bills
Shandong Shanshui Cement Group Ltd, the subsidiary of China Shanshui Cement Group Ltd, has announced that it will issue CNY900m 9US$145.1m) unsecured short term bills with a mat...
China Tianrui increases stake in China Shanshui Cement
China Tianrui Group Cement last month increased its stake in China Shanshui Cement to 28.16 per cent, more than Shanshui founder Zhang Caikui. Fitch Ratings deemed the move a ch...
China's building materials output falls in 1Q15
Output of China's building materials sector fell in the first quarter of 2015 as the property market remained weak, the country's top economic planner indicated on Wednesday. Th...
Cementtech 2015 underway in Beijing, China
The China International Cement Conference opened yesterday at the Hotel Nikko New Century Hotel in the Chinese capital Beijing, with sustainable development and over capacity re...
Conch's 1Q15 earnings fall 31%
Anhui Conch reported 1Q15 net profit of CNY1.7bn (US$274m), down 31 per cent YoY. Sales declined 11 per cent YoY driven by almost a 20 per cent decline in average selling prices...