Nepal: planned entry of foreign cement giants
The proposed entry of foreign cement manufacturers into the Nepalese market has set off an expansion drive amongst domestic producers. Dangote Cement of Nigeria, Reliance Cement...
Huaxin Cement Co
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LafargeHolcim
Holcim Belgique is closing five ready-mixed concrete plants in Flanders, a move that will affect around 60 employees. The works being closed are at Furness, Ostend, Bruges, Izeg...
New Kazakhstan cement plant agreement signed
Huaxin Cement Co of China has signed an agreement to invest US$150m in the construction of a 1Mta cement plant in the Aktobe region of Kazakhstan. The deal was signed by Berdybe...
Huaxin Cement to launch 5Mta project in Kazakhstan
Shanghai-listed Huaxin Cement Co, Ltd will erect a cement project with a capacity of 5Mta in Kazakhstan. The new dry-process cement production line will start construction by th...
Huaxin acquires stake in Cambodian plant
China's Huaxin Cement Co Ltd has bought a 40 per cent stake in Cement Chakrey Ting Factory Co Ltd of Cambodia. The US$24m investment was announced on 17 June, according to a rec...
Huaxin Cement positive 1Q profit alert, China
Huaxin Cement Co Ltd anticipates net profit for 1Q14 to increase by 350-400 per cent YoY, compared with a profit of CNY25.74m in the corresponding period of 2013, the company sa...
Groundbreaking ceremony for new Tajikistan-China joint venture plant
Tajik President Emomali Rahmon attended a groundbreaking ceremony for construction of a greenfield cement plant in Gayur-Sughdcement, in the Bobojonghafourov district, Sughd pro...
Huaxin Cement sees net profit down 48.32% in 2012
Huaxin Cement Co Ltd, part of the Holcim Group, said net profit last year fell 48.32 per cent to CNY556m (US$91m). It attributed the reduction to severe price competition and it...
Holcim to employ more co-processing in China
Holcim will focus on co-processing technology to get ahead in China’s competitive market. The Swiss major views China as a valuable market where its profits improve in future ye...
Huaxin Cement expects H1 net profit to drop 50%, China
Huaxin Cement Co Ltd, in which Holcim holds an approximate 42 per cent stake, has become the latest Chinese producer to issue a first-half profit warning. The Hubei Province-bas...