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.
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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.
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 ...
Metso strengthens position in China
Metso is strengthening its presence in the fast growing Chinese construction market through two strategic actions: establishing a joint venture with LiuGong Group Corp and acqui...
Gansu Cement to raise RMB1.68bn via rights issue
Gansu Qilianshan Cement Group Co plans to raise up to RMB1.68bn via a rights issue. The company will sell 142m shares to its shareholders at a ratio of three new shares for ever...
Dangote orders 500 heavy-duty trucks from Beiqi Foton
Nigerian cement producer Dangote Cement has awarded the contract for 500 Foton-Daimler heavy-duty trucks to Beiqi Foton, one of China’s largest commercial vehicle manufacturers.
Huaxin Cement to see restricted shares become tradable
China-based cement producer Huaxin Cement Co Ltd said on 8 November that 77.01 million of its restricted shares will become tradable on the market on November 14th.
Deutsche Bank sees modest China earnings recovery in 2013
Deutsche Bank has turned more positive on China's average selling pricing recovery in the next 12 months.
Cementir's ready-mixed concrete volumes weaken
Cementir's turnover for the first nine months of the year was up by 4.9 per cent to €730.9m. EBITDA, which weakened by 11.9 per cent in the third quarter, was ahead by a modest ...
Taiwan Cement sees higher demand and prices lifting fourth quarter
Taiwan Cement Co expects profits to rise in the fourth quarter of on the back of increasing demand and rebounding cement prices in China.