CNBM reports strong pricing in 1H18
CNBM’s Chairman, Cao Ganglin, reported that the average cement price over the first half of 2018 rose to RMB311/t in China. Speaking at a press conference, Cao said there was an...
Cnbm
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CNBM appoints new board members
Song Zhiping, chairman of the board of China National Building Material Co Ltd (CNBM), as well as Guo Chaomin and Xu Weibing, both directors of the board will step down from the...
FLSmidth and CNBM to build 12,000tpd plant for ETHRB Group
FLSmidth has announced the location of its most recent North African cement plant order. The Denmark-based turnkey provider will deliver a complete state-of-the-art cement plant...
Arabian Cement postpones Rabigh grinding operation
Arabian Cement Co expects the commercial operation of the grinding unit at its Rabigh plant, Saudi Arabia, to start in the 3Q18, instead of the earlier-announced 4Q17.
Major shareholder offers to sell stake in China Shanshui Cement
China Shanshui Cement Group Ltd said on Thursday that a major shareholder had offered to divest its 25 per cent stake in the company for around US$600m. China Shanshui Investmen...
China: order and growth Premium
Following a drop in apparent cement consumption in 2015, China’s cement industry has been destocking ever since. As a result, the country’s cement market has started 2017 on a p...
China: consolidation on production capacity by 2020
The China Cement Association (CCA) has advised that the merger of leading cement companies will likely concentrate the industry’s capacity, informing that government that by yea...
China: CNBM warns of 70% drop in 2015 profit
CNBM has issued a profit warning, predicting that the net profit for 2015 will be 70 per cent down YoY, mainly attributable to the slowdown in cement demand growth and severe ov...
Loesche wins new Saudi cement grinding order
Arabian Cement Co (ACC) has placed an order with CNBM (China) for a cement grinding plant including two Loesche vertical roller grinding mills. ACC is planning to build a new br...
CNBM issues 9M15 profit warning
China National Building Materials (CNBM) warned investors that its nine-month profit will likely plunge 80 per cent from a year earlier, implying that 3Q15 slipped into losses. ...