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Anhui Conch is going global to boost output
Anhui Conch Cement Co Ltd, China’s biggest cement producer, plans to add 10 million tons to its annual capacity by 2015 through overseas expansion, by setting up factories of its…
Anhui Conch Cement net profit more than doubles
Anhui Conch Cement Co Ltd, China’s biggest cement producer by output, said its net profit soared 124.66 percent year-on-year to 3.06 billion yuan ($482.4 million) in the third quarter of…
Guangdong sells more cement abroad
South China’s Guangdong province exported 252,000 tons of cement in the first four months of this year, a rise of 19.9 percent over the same period of last year, according…
CATIC buys KHD stakes
China National Aero-Technology Import and Export Corporation (CATIC) Beijing Co bought 20 percent of KHD Humboldt Wedag International AG, making it the largest shareholder of the German cement plant and…
Chinese company gets permission to build cement factory in Suva
Fiji’s Minister for Lands and Mineral Resources Netani Sukanaivalu on Thursday formalized a 99- year lease agreement for a Chinese cement factory to be set up in Veisari Lami outside…
Cement prices hit record levels
Cement prices in China rose to record high levels as mandatory energy curbs affected production. The average price of cement in China has reached 400 yuan ($60) a ton, and…
Vietnam Business News
- Despite a minus credit growth rate, banks still pocket trillions of dong
- Lifts ceiling credit growth rate, but loans remain unreachable
- Vietnam VBSP to auction VND3Tln government-backed bonds on Sept 12
- ACB raises gold deposit rates
- Counterfeit bills down 13% in Vietnam
- Vietnam needs patience to reduce bad debt: imf
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