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Asia & Pacific Rim - 12 February 2010

News from China

China Runji Cement cuts electricity costs, Taiwan cement to expand Chinese interests and Japanese companies bid for JV in wastewater treatment.

 

Vicem to boost exports

In a move to subdue harsh competition in the domestic market, the Vietnam Cement Industry Corporation (Vicem) is planning to lift exports to 1 million t this year.

 

Latest China acquisitions and investments

Sinoma and Scitus acquisitions, Anhui Conch borrows RMB 4.8 billion, China Runji Cement benefits from rural stimulus and HK prosperity invests in Indonesia.