CNBM reports 56% drop in first-half profit, China
China National Building Materials (CNBM) reported a 56 per cent decline in net profit for the first half of 2015, in line with the recent profit warning. JP Morgan's Asia Metals...
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China: Shanshui Cement turn down share disposal offer
Shanshui Cement's chairman and general manager, Zhang Bin, has told the press that in response to the possible acquisition of company shares from CNBM and Asia Cement China, com...
CNBM signs turnkey contract with Arabian Cement Co for 10,000tpd plant
CNBM International Engineering Co Ltd has signed a turnkey contract with Arabian Cement Co for a 10,000tpd clinker line in Jeddah, Saudi Arabia. It is the largest order signed b...
Eurocement inks US$500m Chinese supply deal
Russian cement major Eurocement Group has signed a package of contracts with Chinese companies for equipment supply, engineering, installation supervision and employee training ...
Southern Province signs contract for new line at Bisha works
Southern Province Cement Co's (SPCC) has signed a contract for the construction of a second production line at its Bisha cement works in Saudi Arabia, the company said in a bour...
China National Building Materials (CNBM)
China National Building Materials (CNBM) has entered into an agreement with Qatari Investors Group to expand the Al Khaliji Cement plant. Al Khaliji, a subsidiary of Qatari Inve...
Goldman positive on Eastern China markets
Goldman Sachs said it remains positive on China's cement sector but continues to be regionally and stock selective.
Sinoma makes Indian acquisition
Sinoma International Engineering (Hong Kong) Co Ltd, part of China National Materials Group Corporation Ltd, has acquired a majority stake in India-based cement equipment manufa...
Oyak inks second cogeneration deal with Shanghai Triumph Energy Conservation Engineering
Shanghai Triumph Energy Conservation Engineering Co, has inked a deal with Oyak Group, Turkey, for a cogeneration project for its Bolu Cimento subsidiary. Cimento
Morgan Stanley sees China recovery from 4Q12
Morgan Stanley (MS) believes that the China cement industry showed some early signs for recovery,