China’s cement demand projected to increase 8-10% in 2013

China Resources Cement’s (CRCement) vice-chairman, YuZhongliang, projected that cement demand would increaseby between 8% and 10% in 2013, while output would grow up to 8%. Obsolete capacity totalling 100 million tonnes would be phased out, and at the same time new cement output capacity totalling an estimated of 150 million tonnes would be added.

May 14, 2013 Read time: 1 min

7339 China Resources Cement’s (CRCement) vice-chairman, YuZhongliang, projected that cement demand would increaseby between 8% and 10% in 2013, while output would grow up to 8%. Obsolete capacity totalling 100 million tonnes would be phased out, and at the same time new cement output capacity totalling an estimated of 150 million tonnes would be added.

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China Resources Cement

China’s Asia Cement to acquire Lanfeng Cement

Taiwan-based Asia Cement’s subsidiary Asia Cement (China) will acquire a 100% shareholding in Sichuan Lanfeng Cement. The acquisition will also allow Asia Cement (China) to own 100% indirect stake in Sichuan Lanfeng Building Materials.

The deal was valued at CNY 2.05 billion (€240.83 million). The acquisition will be done via Asia Cement (China)'s subsidiary Sichuan Yadong Cement.

In Sichuan, Asia Cement (China)'s cement capacity will be raised to 1 million tonnes/year with the added annual capacity o

February 14, 2023

Urbanisation projects help support Chinese aggregates demand

The fallout from the COVID-19 pandemic has affected demand for aggregates in China this year but CAA, the country’s aggregates association, says rapid development in urbanisation projects is supporting demand in the country’s quarrying sector