MacGregor wins order for cement handling systems in China
MacGregor, part of Cargotec, has secured an order with Shanhaiguan New Shipbuilding Industry in China for advanced bulk-handling systems for a pair of 20,000dwt cement carrie...
China
985 posts · Page 77 of 99
Deutsche Bank: Conch to gain greater pricing power, China
In light of slowing demand growth and severe overcapacity in East China, the operating landscape has changed in favour of Conch partly through superior production costs and gre...
Anhui Conch net profit hit by weaker prices, China
Anhui Conch reported a 45.6 per cent in net profit for 2012 due to weaker average selling prices. The company reported net profit of CNY6.31bn (US$1bn) last year as average ...
Asia Cement (China) net profit falls 70%
Asia Cement (China, a subsidiary of Taiwan-based Asia Cement, has reported a drop in annual net profit and revenue due to declining prices. The company posted net profit of ...
Credit Suisse lowers China Shanshui Cement target price
Credit Suisse lowered its target price for China Shanshui Cement to HK$4.2 from HK$5.5, and maintained its "neutral" call. The house expects unit gross profit to soften in 201...
Moody’s: West China Cement investment slowdown ‘positive sign’
West China Cement’s (WCC) slowdown in investments is also a positive, according to Moody's analyst, Jiming Zou, lead analyst for WCC. WCC's shift from an aggressive expansion...
Chinese producers report declines in net profit
Three China-based cement producers have reported declines in net profit and operating revenue for 2012. China Shanshui Cement reported a 31.8 per cent decline in net profit ...
Gansu Qilianshan Cement sales up 29%
Gansu Qilianshan Cement Group Co Ltd sold 15.25Mt of cement and cement clinker in 2012, representing a YoY increase of 29.16 per cent, sources reported. The company currently...
Taiwan Cement operating at full rate, China
Taiwan Cement Corp (TCC) is operating at full utilisation rates in China due to increased demand, the company has said. TCC said that workers have returned to construction s...
China's cement sector faces impact of new property control policies
The Chinese cement sector recovery is likely to face further headwinds in the near-term given stricter property control policies announced on 1 March. The government is t...