China

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South Cement Co to issue 270-day bills

South Cement Co to issue 270-day bills

South Cement Co has announced that it will issue CNY750m (US$120.7m) unsecured super short-term bills with a maturity of 270 days on the interbank market on 6 January. The c...

China: BBMG acquires 60% stake in Hebei line

China: BBMG acquires 60% stake in Hebei line

BBMG announced that the company held 60 per cent equity of Xingtai Yong Ning Cement through transference at a consideration of CNY245m (US$39.46m). Xingtai Yong Ning Cement own...

Conch Group unveils restructuring plan, China

Conch Group unveils restructuring plan, China

State-owned Conch Group of China has unveiled a plan to streamline shareholdings within the company.  The Anhui provincial government intends to convert its indirect controll...

Devnya wins “Building of the Year 2014” award

Devnya wins “Building of the Year 2014” award

Italcementi’s modernisation of the Devyna Cement plant, undertaken by CBMI Construction Co of China, has been awarded Bulgaria’s "Building of the Year 2014" award under the Ind...

China: Zhongxia Cement joint venture established

China: Zhongxia Cement joint venture established

China Gezhouba Group reports that its wholly-owned subsidiary Gezhouba Group Cement signed an agreement with Hubei Zhongxia Cement on 26 November, for a joint venture company t...

China: Chongqing Conch commissions new line

China: Chongqing Conch commissions new line

Chongqing Conch Cement commissioned its third clinker line on 16 November. The new 4500tpd clinker line at Zhongxian was partially contracted by the Housing Engineering Technol...

Tangshan Jidong Cement Co to issue CNY1bn bills

Tangshan Jidong Cement Co to issue CNY1bn bills

Tangshan Jidong Cement Co, Ltd has announced that it will issue CNY1bn (US$16.3m) unsecured short-term bills with a maturity of 365 days on the interbank market on 21 November ...