Cementir offsets a weaker Italy by better markets elsewhere
Cementir Holding's turnover improved by 1.3 per cent to EUR988.6m, while at constant currencies the increase would have been 5.6 per cent. EBITDA improved by 22.9 per cent to ...
China
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Allied Cement wins approval for Bailonggang project
Allied Cement has been given approval for its Bailonggang project by the Development and Reform Commission. The new plant is to be based in Bailonggang, Pudong, Shanghai and is...
Henan Tongli anticipates full-year decline, China
Henan Tongli Cement Co Ltd expects 2013 net profit to decline to between CNY40m and CNY80m (US$6.6m and US$9.9m), a YoY decline of 51.28-75.64 per cent, the company said in a ...
West China Cement completes Phase 1 of waste sludge treatment facility
West China Cement announced that it has completed Phase 1of its first waste sludge treatment facility at its Lantian plant, as part of on-going energy conservation and environm...
China prices, inventories stable in January
China's cement prices and inventories were stable in January due to favourable weather conditions, a Deutsche Bank report has said. Cement supply and demand have been balanc...
Huaxin expects strong rise in full-year net profit, China
Huaxin Cement expects net profit to increase by between 105-125 per cent YoY in 2013 compared to a profit of CNY556m in 2012 when it suffered from severe pricing competition. ...
Jidong sees strong rise in 2013 net profit
Tangshan Jidong Cement Co Ltd expects net profit to be between CNY306m and CNY360m (US$50.6m-59.48m) in 2013, a YoY increase of 70 per cent to 100 per cent, the company said. ...
Conch expects strong rise in 2013 profit
Anhui Conch, the leading cement producer in China by market value, said it expects a 50 per cent rise in net profit attributable to shareholders for 2013. In 2012, the compan...
CRC profit alert, China
China Resources Cement said the group's profit attributable to the owners of the company for the year ended 31 December 2013 is expected to be substantially higher compared wit...
Jiangxi Wannianqing profit forecast, China
Jiangxi Wannianqing Cement Co Ltd anticipates net profit to have reached between CNY400-450m (US$66m-74m) in 2013, growing about 110-136 per cent YoY, according to the company'...