Displaying items by tag: Chinares Cement

National: China's cement output grew by 8.7% year-on-year in April 2013, rising from a 4% increase in the same month of last year, according to the latest statistics released by the National Development and Reform Commission (NDRC). In the first four months of 2013, the country's total cement output reached 641Mt, an increase of 8.4% year-on-year from the same period in 2012. Profits for the cement industry fell by 29.4% for the first quarter of 2013 to US$606m.

Regional: In southwest China, Chongqing Municipality produced 17.7Mt of cement over the first four months of 2013, a year-on-year increase of 11.2%, according to the local statistics bureau. Yunnan Province produced 28.4Mt of cement in the first four months of 2013, a year-on-year increase of 27.8%.

The central Hubei Province saw cement output slide by 2.6% year-on-year to 31Mt for the first four months of 2013. Hunan Province saw its cement output rise by 8.3% year-on-year to 9.33Mt in April 2013.

Eastern China's Jiangsu Province saw cement output grow by 15.1% year-on-year to 55.5Mt for the first four months of 2013.

Government: China has confirmed that it intends to release a blueprint for urbanisation in 2013, the state-run Xinhua News Agency has reported, citing officials with China's top economic planner. Officials with the NDRC said the urbanisation development plan is 'very important' and that the NDRC was leading the drafting. Shares in cement suppliers and other construction-related companies have already benefited from expectations of more housing and infrastructure projects.

Corporate: Chinares Cement has announced it is in discussion with Fujian Cement about setting up a joint-venture to build cement grinding lines, and to coordinate marketing and sales. No agreement has been reached yet.