UBS cuts China Resources Cement target price
Investment bank UBS has trimmed its target price for China Resources Cement (CRC) to HKD4.85 from HKD5.5. The company's stock, however, has been upgraded from ‘neutral’ to ‘buy’...
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Lafarge to continue investing in China
Lafarge said it will continue investing in China in research, namely in research, production and the creation of new partnerships, according to the company’s chief. Bruno Lafont...
JPMorgan sells 2.65m shares in Conch Cement
JPMorgan Chase & Co sold 2.65 million shares in Anhui Conch Cement Co Ltd for a total of HKD70.2m (US$9m), according to the Hong Kong Stock Exchange. After the sales, JPMorgan s...
China cement and clinker exports rise 31.5%
China has reported a 31.5 per cent YoY increase in cement and clinker export volumes for the first four months of 2013, according to the Ministry of Industry and Information Tec...
Xinjiang Tianshan Cement Co to issue CNY500m notes
Xinjiang Tianshan Cement Co, based in China's Xinjiang Uygur Autonomous Region said on Thursday that it would float CNY500m (US$4m) in unsecured notes with a maturity of three y...
China to tighten NOx limits for cement industry
China's Minister of Environmental Protection is expected to issue a new tougher national standard on NOx emissions following public calls to reduce both emissions and excess pro...
Najran Cement awards new line to Chinese contractor, Saudi Arabia
Saudi cement producer Najran Cement has awarded a contract for the installation and maintenance of a third production line to Chinese firm CEIC. The new production line will hav...
Siam Cement appoints Chinese contractor for new Indonesian plant
Siam Cement Group (SCG) of Thailand has signed an agreement with China-based Anhui Conch Design & Research Institute for the construction of a greenfield plant in West Java, Ind...
China first-quarter 2013 exports rise
China exported 2.85Mt of cement and cement clinker worth of US$160m in the first quarter of 2013, a YoY increase of 30.6 per cent and 20.8 per cent respectively, according to da...
Barclays lowers China's 2013 pricing forecasts
Barclays has reduced its forecasts for cement prices in China this year to +2 per cent from the previous +5 per cent, according to reports by Dow Jones. It has therefore cut its...