Loesche delivers slag mill to Taigang Group
Loesche has delivered the world’s largest slag mill to Taigang Group International Trade Co, Ltd, German equipment specialists have said in a statement. Loesche received the o...
China
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China Tianrui Group expects 15% rise in 1H14 net profit
China Tianrui Group Cement said it expects to record an increase of about 15 per cent in consolidated net profit for the six months to the end of June 2014 compared to the same...
Venezuela signs cement plant agreement with China
Venezuela and China signed a framework agreement for the installation of a new cement plant in the state of Lara, Venezuela, which is expected the basis for the installation of...
Chinese producers counting profits
Cement makers in China saw a resumption in profit growth last year thanks to a combination of improved construction activity, low production costs due to weak coal prices and t...
Anhui Conch issues positive profit alert, China
Yesterday, Anhui Conch said it expects first-half net profit up about 90 per cent YoY compared to CNY3.06bn (US$492.75m) a year earlier. The advance is being attributed to incr...
China Resources sales exceed guidance
China Resources Cement said its cement and clinker sales prices have exceeded expectations this year, meaning that first half profit "is expected to be significantly increased ...
Tajik-Chinese talks over new plant project
Talks between Tajiki and Chinese investors are underway over the construction of a cement plant in the south of the central Asian country. The 1Mta cement plant is expected to ...
Asia Cement targets increased market share
Asia Cement Corp said it plans to boost its market share in the provinces of Hubei, Jiangxi, Sichuan and Jiangsu, the company disclosed at its annual shareholders’ meeting. Thr...
China cement exports decline in 4M14
China's cement exports declined by 9.4 per cent YoY to 2.96Mt in the first four months of 2014, according to data released by the General Administration of Customs. However, th...
Deutsche Bank lowers China demand forecast
According to the latest research report by Deutsche Bank, cement demand forecast was lowered to 4.5 per cent, due to the recent slowdown in the real estate market in China. How...