BBMG Corporation to acquire stake in Hebei Taihang Xuaxin, China
BBMG Corporation has entered into an agreement to acquire a 66.67 per cent stake in Hebei Taihang Xuaxin Building Materials Co from BBMG Group Company Ltd. The transaction is va...
China
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South Cement to issue CNY1.5bn bills, China
South Cement has said it plans to issue CNY1.5bn (US$243m) in short-term bills with a maturity of 365 days in the interbank market on 2 May 2013 to repay bank loans and replenis...
China’s cement sector seeks to accelerate sustainability initiatives
The 2013 China International Cement Conference got underway at the Hotel Nikko New Century in Beijing today, welcoming over 300 senior delegates from the country’s large cement ...
Anhui Conch reports first quarter decline, China
China’s second-largest cement producer by capacity, Anhui Conch Cement, reported a decline in first-quarter net profit but an improved pricing environment has begun to emerge in...
Goldman positive on Eastern China markets
Goldman Sachs said it remains positive on China's cement sector but continues to be regionally and stock selective.
Tangshan Jidong Cement net profit drops 88.19%, China
Tangshan Jidong Cement net profit drops 88.19 per cent, China Co Ltd net profit slumped 88.19 per cent, the company said in a statement. Operating revenue slid 7.09 per cent YoY...
Improved outlook for Asia Cement Corp in 2013
Taiwanese producer Asia Cement Corp is expected to return to a path of growth this year driven in part by earnings growth from its operations on mainland China, a recent report ...
Sinoma makes Indian acquisition
Sinoma International Engineering (Hong Kong) Co Ltd, part of China National Materials Group Corporation Ltd, has acquired a majority stake in India-based cement equipment manufa...
Oyak inks second cogeneration deal with Shanghai Triumph Energy Conservation Engineering
Shanghai Triumph Energy Conservation Engineering Co, has inked a deal with Oyak Group, Turkey, for a cogeneration project for its Bolu Cimento subsidiary. Cimento
Moody's: West China Cement's medium-term notes issuance is credit positive
Moody's Investors Service says West China Cement's (WCC) issuance of medium-term notes (MTN) totalling CNY800m (US$129m) for three-years at 6.1 per cent is credit positive. The ...