Asia Cement (China) first-half profit rises
Asia Cement (China) said its profit attributable to owners for the six months ended 30 June 2014 rose 49.7 per cent YoY to CNY383m (US$62m). Revenue increased by 23 per cent YoY...
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Asia Cement completes Sichuan Lanfeng acquisition, China
Asia Cement (China) Holdings has completed the acquisition of a 100 per cent holding in Sichuan Lanfeng Cement at a consideration of CNY968m (US$156.7m) on Wednesday. Sichuan La...
China's first-half output growth slows
Cement output rose 3.6 per cent YoY to 1.14bnt in the first half of 2014, slowing 6.1 percentage points from the expansion seen during the same period last year, according to la...
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 ord...
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 th...
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 incre...
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 a...
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 b...