Conch acquires stake in Xingjian Qingsong, China
Anhui Conch Cement Co has completed the acquisition of a 19.99 per cent stake in Xinjiang Qingsong Building Materials and Chemicals (Group). The company said in a statement ...
China
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Asia Cement to build plant in Northern China
Asia Cement has announced plans to build a new plant 10Mta plant in Handan, Hebei province, marking the Taiwan-based producer’s first foray into the North China Market. Taiw...
Taiwan Cement: cautiously optimistic on second-half prospects
The implementation of various infrastructure projects in Taiwan is expected to help improved market conditions in the second half of this year, the head of the country's leadin...
Tangshan Jidong Cement acquires majority stake in Wubao Jidong, China
Tangshan Jidong Cement announced it has acquired a 51 per cent stake in Wubao Jidong Special Cement for CNY173m, reports Securities Times, citing a company filing yesterday. ...
China prices continue to fall
The average price of cement across China last week fell 0.83% to CNY336.25/t compared to the previous week. Cement prices have been falling since the end of April registerin...
Signs of recovery for China’s cement sector
Analysts at brokerage Daiwa have noted "green shoots of recovery" for China's cement sector. It says growth for infrastructure investment has rebounded for three consecutive m...
West China Cement profit warning
West China Cement (WCC) warned that its net profit in the first half of this year is expected to plunge more than 50% on-year due to a drop in cement price. This follows a war...
China prices continue to fall
The average price of cement across China last week fell 0.83 percent week-on-week to CNY336.25/t, reports Shanghai Securities News. According to the report, the price of cemen...
West China cement wins railway supply project
West China Cement Ltd (WCC) has received a contract to supply 120,000t of cement for the construction of the Lanzhou-Chongqing Railway project. WCC will be supplying cement ...
Bank of China runs Inner Mongolian cement producer debt offer
Bank of China Ltd has been mandated as lead underwriter and book-runner of Inner Mongolia Mengxi Cement Co's planned debt offering worth CNY400m (US$63m), China Knowledge repor...