China

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Tangshan Jidong Cement Co narrows 9M loss

Tangshan Jidong Cement Co narrows 9M loss

Tangshan Jidong Cement Co Ltd posted a total operating revenue of CNY18,557m (US$2612m) in the first nine months of 2024, down from CNY22,344m in the year-ago period, according...

Huaxin Cement posts flat revenues in 2Q24

Huaxin Cement posts flat revenues in 2Q24

China-based Huaxin Cement reported flat revenues of CNY9.15bn in the second quarter of 2024. The company’s net income was down 41 per cent YoY to CNY553.1m while the profit m...

Asia Cement (China) sees 1H revenue down 35%

Asia Cement (China) sees 1H revenue down 35%

In its unaudited results for the first half of 2024, Asia Cement (China) Holdings Corp reported a revenue of CNY2689.4m (US$377.1m), down 34.5 per cent from CNY4105.1m in the 1...

China steps up drive for alternative fuels

China steps up drive for alternative fuels

China’s cement industry is in line to receive a new raft of legislation designed to encourage the drive away from fossil fuels to alternative fuels.  This month the governme...