China cement news
China drags on global cement consumption growth
China will drag down average cement consumption growth over the next five years, as the country continues to battle overcapacity, counterbalancing a rosier outlook elsewhere.
Asia grows but news is gloomier elsewhere
Asian cement production grew in the first four months of the year on good performance in China, Thailand, and Vietnam, while in Latin America and the Mediterranean Basin, producers struggled.
Chinese firms dominate 50% of Africa’s EPC market
According to a new report from McKinsey, Chinese firms command around 50% of Africa’s EPC market.
Chinese cement companies team up
China Resources Cement Holdings and BBMG Corp. have signed a strategic co-operation agreement.
Fluor awarded contract
Chevron Oronite has selected Fluor to perform front-end engineering and design work for a manufacturing facility in China.
Jinyuan Cement unit buys assets in three cement companies
The total cost of the deal is 160 million yuan.