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 1...
China
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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 o...
China's changing dynamics
The dynamics between small and large players in the Chinese cement industry could all change next year on the back of a number of new policies led by a change in tax rebate poli...
Sichuan Shuangma to acquire stake in Dujiangyan Lafarge
Sichuan Shuangma Cement Co says it plans to acquire a 25 per cent stake in Dujiangyan Lafarge Cement from Lafarge China Offshore Holding Company for about CNY832m (US$136.5m). S...
Guangdong to launch carbon permits market
Guangdong, a heavily industrialised province in China, plans to launch a carbon emission trading scheme next month, which will be the world's second largest after the EU.
TCC International receives buyout bid
TCC International Holdings said it received a buyout offer from its parent company Taiwan Cement Corp.
China: Qingsong Building Materials acquires Xinjiang cement business
Xinjiang Qingsong Building Materials & Chemicals (Group) Co Ltd has acquired a 31.64 per cent stake in Yili Nangang Building Materials (Group) Co Ltd for CNY169m (US$27.7m), the...
Anhui Conch Jan-Sept net profit rises 36.82%
Anhui Conch Cement Co 's net profit in the first nine months rose 36.82 per cent YoY to CNY5.36bn (US$878.6m), the company said in its third-quarter report.
Asia Cement nine month profit surges, China
Asia Cement said net profit attributable to shareholders for the first nine months of the year rose by 166 per cent YoY to CNY391m (US$64.25m). Revenue rose by 3.9 per cent from...