Deutsche Bank revises China outlook
Following discussions with the China Cement Association, Deutsche Bank now expect capacity growth of 7.5% and 3.4% in 2012 and 2013 versus its previous expectations of 4.1% and...
China
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China United Cement seeks acquisition loan
State-owned China United Cement Group Corp is seeking a CNY798m three-year loan for the acquisition of Daewoo Cement (Shandong) Co Ltd, a subsidiary of Daewoo International Cor...
China considers tougher emission rules for cement producers
China's environment ministry is considering launching stricter rules regarding NOx emissions from cement plants, which, if implemented, could sharply affect the net profits of ...
Tianshan Cement to issue new shares, China
Xinjian Tianshan Cement, based in Northwestern China’s Xinjiang Uygur Autonomous Region, announced that 100 million of its new shares will be tradable on 3 February, China Busi...
Tebodin opens new China office
Consultant and engineering company, Tebodin, has set up its third office in China, this time in Nanjing, in Eastern China, 300km from Shanghai. Tebodin (Nanjing) Engineering...
Jidong Cement completes private bond placement, China
Tangshan Jidong Cement announced today that it has finished a CNY1.91bn (US$302.8m) private placement to a Hong Kong-based investment company, China Business Newswire reports. ...
Jiangxi unit receives tax rebates, China
Jiangxi Wannianqing Cement announced on Tuesday that one of its units recently received CNY23.9m of tax rebates. The money will be counted into the unit's earnings in the firs...
China cement output rises 16.1%
China’s cement outpur rose 16.1 per cent YoY to 2.06bnt, the National Development and Reform Commission (NDRC) said on its website. The news comes despite the government tigh...
Allied Cement: market challenges ahead, China
Allied Cement of China, which made its debut on the main board of Hong Kong’s stock exchange yesterday, said it faces slowing demand growth for its products on the back of the ...
Anhui Conch acquisition, China
Anhui Conch Cement plans to acquire Anhui Conch Venture Capital’s no 4 and 5 energy saving equipment factories, and relevant land use rights, for a total of CNY22m, reports Sha...