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 cement ...
China
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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 for ...
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$63m), China Knowledge report...
Huaxin sales increase 30 per cent since Holcim investment, China
Holcim has said that its Holcim said that its joint venture Hubei Huaxin Cement has seen annual sales growth of 30 per cent since it invested in the company.??Holcim entered the...
Brighter outlook for global markets?
A recent report by Morgan Stanley sees the global supply-demand balance turning positive, leading to improved pricing power which it expects will return globally next year. The ...
Anhui Conch issues profit warning, China
Anhui Conch warned on Thursday that it expects net profit for the six months ending June to decrease "considerably" YoY because of weaker demand for cement.
Deutsche Bank buys 20.54 mln shares in Shanshui Cement, China
Deutsche Bank AG acquired 20.54 million shares in China Shanshui Cement Group Ltd at HK$ 5.47/share and for a total of HK$112m on May 28th, sources reported, citing information ...
Conch Cement to buy in Xinjiang Qingsong non-public issuance
Xinjiang Qingsong Building Materials and Chemicals (Group) Co announced that it has signed a framework agreement with Anhui Conch Cement Company that the latter would buy 150 mi...
Cemex to supply large Qingdao urban complex, China
Cemex announced today that it is supplying nearly 60,000m3 of ready-mix concrete for the first stage construction of what is expected to be the largest urban complex in the Chin...
Southern Province Cements signs contract with Sinoma for Line No 3
Southern Province Cement (SPC) and Chinese engineering company Sinoma have signed a SAR707m (US$188m) contract for the installation of a third new line at SPC’s plant in Tuhama.