On 11 August 2015, the board of directors of ACC and the board of directors of CNBM respectively resolved to jointly make a voluntary conditional cash offer to acquire all of the outstanding shares in the issued share capital of China Shanshui.
ACC is required to issue an announcement pursuant to the applicable regulations of the Taiwan Stock Exchange on the day immediately following the date of the board meeting.
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In response to ever-increasing pressure on the cement and concrete industry for products with a lower carbon footprint, Lafarge in Canada and Holcim in the United States have partnered to launch a North America-wide campaign to raise awareness that environmentally-friendly cement products are a reality.
China’s CNBM has carried out its first upgrade project on a clinker line overseas, helping Oman Cement Company to increase the capacity of its production line 1, which is located southwest of Muscat.
ACC has reported a 4% increase in sales volumes thanks to increasing demand, but also alludes to the challenges of increasing manufacturing and distribution costs.
An interactive, online cement conference focusing on the latest innovations in cement production with a range of industry leaders and technical experts as they discuss the key challenges facing the cement industry.
