China

998 posts · Page 61 of 100

Yanbu Cement Co signs contract for WHR plant

Yanbu Cement Co signs contract for WHR plant

Yanbu Cement Company (YCC), one of Saudi Arabia’s leading cement companies and a major player in the western region of the kingdom, has signed a contract for the establishment o...

 Allied Cement issues profit warning, China

Allied Cement issues profit warning, China

China-based Allied Cement said it expects to record a significant decline in net profit by about 40 per cent for the year ended 31 December 2014 as compared to the audited net p...

Anhui Conch Cement Co

As China’s cement producers brace themselves for a sharp deceleration in demand in 2015, Anhui Conch will be keeping a close eye on its developments in Indonesia. Volumes in Chi...

Dongwu raises US$6.70m in private placement

Dongwu raises US$6.70m in private placement

Dongwu Cement International Ltd has completed a private placement of 40m shares at a price of HKD1.30 ($0.16) per share for gross proceeds of HKD52m (US$6.70m). The company has ...

MIT unveils project transfer plan, China

MIT unveils project transfer plan, China

China's Ministry of Industry and Information Technology (MIIT) released a plan to transfer the production capacity of six cement projects under construction in the southwestern ...

China National Building Material Co Ltd (CNBM)

Shanshui Cement, in which CNBM has a 16.67 per cent stake, has been revised from ‘negative’ to ‘stable’ by Fitch Ratings. The revised rating is reportedly due to the company’s s...

Anhui Conch Cement Co

Shares in Anhui Conch Cement soared late last month following the announcement of a restructuring plan. Under the plan, the 51 per cent equity in Conch Holdings currently held b...

South Cement Co to issue 270-day bills

South Cement Co to issue 270-day bills

South Cement Co, Ltd, a subsidiary of Hong Kong-listed China Building Materials Co, has announced it will issue CNY1.5bn (US$240m) unsecured super short-term bills with a maturi...