Results for cement: 228

China aims to streamline the crowded cement industry

U.S.-based financial holding company JPMorgan Chase & Co recently raised its shareholding in China Shanshui Cement Group Ltd<0691> to 5.02% from the previous 4.89%, sources reported.According to statistics released by the Hong Kong Stock Exchange, on Sep. 25, the U.S. company bought approximately...

Chinese cement firm Jilin Yatai (Group) Co Ltd<600881> plans to acquire 100% equity interest in Jilin Jinyuan Cement Co Ltd to further expand its market share in Northeast China. Jilin Yatai said in a statement filed with the Shanghai Stock Exchange that it will spend RMB 311.64 million to complete the...

* Sign of demand pick-up in Indonesia, Thailand * Indocement, Semen Gresik, Siam Cement among top picks * Bears say expensive, shift to property and steel stocks BANGKOK, Aug 21 - Shares in Southeast Asia's...

TAIPEI, Aug 12 - Taiwan Cement <1101.TW> expects its second-quarter net profit to be more than 10 times higher than first quarter earnings, as the effects of China's stimulus package kick in, a senior company...

China's cement output grew 13.3% year on year to 570 million tons in the first five months of this year, showing a growth rate 3.3 percentage points higher than that in the corresponding period of last year, the Shanghai Securities News reported on Monday....

Fujian Cement Inc, a China-based cement and clinker producer, realized investment income of RMB 112 million through the sale of shares in Industrial Bank Co Ltd<601166>, according to a statement the company released on Tuesday. Fujian Cement sold a total of 4.23 million of shares in Industrial Bank from...

The cement industry in China saw a 30.8% year-on-year surge in gross profits last year, which were RMB 26.14 billion, whereas the industry saw growth of 34.2% in 2007, according to recent statistics by China Cement Association.In 2008, China produced 1.39 billion tons of cement, up 5.2% from the previous year,...

Mainland China's second-largest cement producer, China National Building Material Group Corp (CMBM), parent of China National Building Material Co Ltd<3323>, plans to enlarge its cement production capacity to 300 million tons in the next three years, said company director Song Zhiping yesterday at the 2009...

Ireland-based CRH PLC, an international building materials group, has recently acquired a 26% stake in the cement operations of Jilin Yatai (Group) Co Ltd<600881> for EUR 224 million, the company said in a statement on its website.CRH said the Chinese cement maker's major investment program is "well-...