Henan Tongli Cement net profit surges, China
Henan Tongli Cement, a cement producer based in the Henan Province of China, announced a net profit of CNY240.74m (US$38.1m) for 2011 which represents an 87.35 per cent YoY inc...
China
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Big coolers, big challenges
With an annual cement consumption of about 1.85bnt, China is by far the world´s largest cement market. This has created a demand for high-capacity clinker lines similar to thos...
Conch sees China demand rising, Indonesian plans proceeding ‘smoothly’
Chairman of Anhui Conch, Guo Wensan, has said that Chinese cement demand growing despite curbs on the housing market. Speaking to Dow Jones Chinese Financial Wire on the side...
China Resources 2011 sales rise, expansion plans
China Resources Cement Holdings, reported a rise in revenues for 2011 and outlined plans for further capacity expansion. The company, which is the largest cement producer i...
Investments in China cement sector drops
Investment in China’s cement sector declined 8.3 per cent YoY to CNY143.9bn (US$22.85) in 2011, the country’s Ministry of Industry and Information Technology (MIIT) reported. ...
CNBM sees 2011 annual net profit doubling, China
China National Building Materials said it expects 2011 annual net profit to double on increased prices and higher cement sales and, according to some analysts, the company sho...
Fujian joint-venture announced, China
Chinese cement producer, Fujian Cement plans to set up a joint venture, Fujian Jianfu Southern Cement, with its second-largest shareholder, Southern Cement to consolidate the c...
Macquarie keeps China demand growth at six per cent
Macquarie has kept its six per cent demand growth forecast for China's cement industry but has reduced its net supply growth forecast from four per cent to 1.4 per cent. "We...
Jidong Cement to buy controlling holder's assets, China
Tangshan Jidong Cement announced it would buy the use right of part of land, ownership of houses and supporting facilities rented by it currently from its controlling sharehold...
Shanghai Allied Cement joint venture, China
Allied Cement said Shanghai Allied Cement (SAC) agreed to set up a 50-50 joint venture with Shanghai Building Material (Group) General Company aiming at commencing construction...