Southwest Cement

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China National Building Materials (CNBM)

CNBM and Fives FCB have signed a cooperation agreement related to the Paris Agreement regarding climate change and the modernisation of CNBM’s installations. Under the agreement...

CNBM adds 18.7% stake in Southwest Cement

CNBM adds 18.7% stake in Southwest Cement

China National Building Material (CNBM) said it agreed to purchase a 18.7 per cent equity interest in Southwest Cement Co from Zhonghai Trust Co Ltd for CNY1918m (US$295.1m). Th...