
PPC, South Africa's largest cement producer, recently received a merger proposal from unlisted rival Afrisam on the condition that Afrisam take a stake in PPC. The proposal will consolidate the interests of South Africa's two largest cement producers in the Public Investment Corporation (PIC), making them the largest shareholders in PIC. The two groups will have a combined share of about 60% of the local cement market.
2014-12-16
Recently, the Tanzania DANGOTE 6000t/d clinker cement production line project contracted by Suzhou Sinoma Construction Co., Ltd. has realized the capping of kiln tail frame and the closure of rotary kiln.
2014-12-04
Cement demand in India is likely to remain subdued in 2015 as government spending remains weak, according to JPMorgan Chase. But demand should pick up from the 2016 fiscal year.
2014-11-25
Asia Cement is considering an acquisition of South Korea's Ssangyong Cement. Asia Cement is in talks to buy a 46.8% stake in Ssangyong Cement, which has a market value of $762 million, according to investment bankers.
2014-10-29
On the morning of September 25, 2014, Chairman Guo Wensan was invited to the SCO Secretariat in Beijing and met with SCO Secretary-General Mezentsev. It is reported that Chelyabinsk, Russia, intends to cooperate with Conch in cement projects.
2014-09-28
With the rising price of clinker in Jiangsu and Zhejiang provinces and the recent improvement of weather and falling temperature, the willingness of major enterprises in Shanghai to raise prices has gradually increased in recent days.
2014-09-02
The United States Geological Survey (USGS) has released monthly data on cement shipments and clinker production in the United States in April 2014 and January-April 2014, as well as cement and clinker imports in the United States.
2014-07-02
The overseas strategy of Huaxin Cement has fallen again. The company announced on the evening of June 17 that its wholly-owned subsidiary, Huaxin Hong Kong (Cambodia) Investment Co., Ltd., as the main investor, had completed the capital increase of CCC Cambodia with 24 million US dollars in cash and became the largest shareholder of the latter.
2014-06-18
CEMPI
105.52
+0.16 +0.15%
CONCPI
91.68
-0.08 -0.09%
CLKPI
111.40
+0.52 +0.47%
SPPI
45.16
+0.15 +0.33%
MORPI
74.84
0.00 0.00%
The list shows that a total of 62 construction entities have been announced, including Anhui Conch Information Technology Engineering Co., Ltd. It is reported that Anhui Conch Information Technology Engineering Co., Ltd. is wholly owned by Anhui Conch Cement Co., Ltd.