Dongwu Cement and Hengtong Group joint venture
Dongwu Cement and Hengtong Group are to establish a 50-50 joint venture company with a registered capital of CNY150m (US$24.8m). The scope of business of the joint venture co...
China
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Tangshan Jidong to launch restricted shares, China
Tangshan Jidong Cement Co Ltd announced that 59,500 of the company's restricted shares (a 0.004 per cent stake) will become tradable from 9 January 2014, China Business Newswir...
Credit Suisse acquires shares in China Shanshui
Credit Suisse Group AG acquired 10.47m shares in China Shanshui Cement Group Ltd for a total of HK$34.93m on 31 December 2013, according to the Hong Kong Stock Exchange. Since...
CRH full-year development spend
CRH announced a total of seven acquisitions and investment initiatives in the second half of 2013, taking full-year development activity to EUR0.69bn. The company invested EUR...
TCC retains top six slot in China
Taiwan Cement Corp (TCC), one of Taiwan's top cement manufacturers, has retained its position as China’s sixth largest cement producer by capacity. Last year, Taiwan Cement ha...
Fujian Cement raises CNY87.8m from disposal of Industrial Bank shares
Fujian Cement Inc has sold a combined 12m shares in Industrial Bank Co Ltd at CNY10/share between 30-31 December 2013, the company announced in a statement. The Fujian Provinc...
AVIC completes takeover offer for KHD
AVIC International Beijing Company announced on Friday the successful completion of a voluntary public takeover offer for shares in German equipment supplier KHD Humboldt Wedag...
China Resources Cement vice chairman of the board resigns
Yu Zhongliang has resigned from his position as vice chairman of the board, executive director and member of the executive committee of China Resources Cement (CRC), effective ...
China: new Guangdong carbon market sees lively trade
The largest carbon market in China began yesterday with cement firms eager to take part in early deals. Anhui Hailuo bought 20,000 carbon permits from the new energy arm of pow...
KHD recommends shareholders accept AVIC offer
The management and supervisory board of KHD Humboldt Wedag International have recommended company shareholders accept a takeover bid from AVIC International at the offer price ...