Henan Tongli profit declines, China
Henan Tongli Cement Co Ltd earned a net profit of CNY66.38m (US$10.83m) in 2013, a YoY decline of 59.58 per cent, China Business Newswire reported. Meanwhile, operating revenue ...
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China expected to announce relief measures to stimulate consolidation
China's State Council is expected to release specific measures to stimulate cement industry consolidation to address three key areas. A report published by China Perspective, st...
China prices seen rising over 2014-15
Cement prices in China are expected to increase by 10 and five per cent in 2014 and 2015, respectively, according to research report by HSBC. As a result, higher prices as well ...
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 EU...
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 st...
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 environme...
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.
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. Th...
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. Th...