China Resources Cement in grinding acquisition, China
China Resources Cement (CRC) has agreed to acquire a 100 per cent equity interest in Hainan Wuzhishan Dajiangnan Cement Ltd. Hainan Wuzhishan Dajiangnan Cement operates a 0....
China
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SOCAM to exit Lafarge joint venture by 2015, China
SOCAM DEV announced that the shareholders of Lafarge Shui On Cement Ltd, in which it has a 45 per cent interest, have agreed on a plan to facilitate the exist of the group from...
China Resources Cement to sign coal agreement
China Resources Power said it agreed to supply coal to China Resources Cement with a term of three years from 1 January 2013 to 31 December 2015. According to local press, t...
Tianshan Cement to invest in Xinjiang region, China
Xinjiang Tianshan Cement Co Ltd, a Shenzhen-listed cement producer, announced today that it will invest a CNY985m (US$157.6m) to expand its business in Xinjiang Uyghur Autonomo...
Cement prices see third week of decline, China
The average selling price (ASP) of cement in China has continued its downward trend and registered its third consecutive week of decline since mid-November. During the week ...
Taiwan Cement Corp to sign syndicated loan for expansion
Taiwan Cement Corp is expected to sign the contract for a syndicated loan worth NT$12.5bn (US$416.67m) to expand operations in China and acquire local cement plants. The Chi...
China cement prices see second consecutive weekly decline
The average price of cement price in China continued to decline in the last week in November, showing a drop of 0.72 per cent on the previous week and marking the second consec...
China Resources Cement secures HK$1bn credit facility
China Resources Cement Holdings Ltd, the largest cement producer in South China, said that it has secured a three-year credit facility worth up to HK$1bn from a bank.
China cement prices see mid-November drop
Following a three month rise, the average price of cement in China began to show a weekly drop in the 19-23 November period. According to a report by China Securities Journa...
China Resources Cement sales seen hitting 70Mt in 2013
China Resources Cement (CR Cement) expects cement sales in 2013 to increase to 70Mt, representing a YoY rise of 5Mt. Production capacity, meanwhile, is likely to rise to 72.7Mt...