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Cement manufacturers in Kenya are raising their prices in response to the increase in the mining tax imposed by the Ministry of Mines. On 18 December 2013, Najib Balala, Cabinet Secretary of the Ministry of Mines, Kenya, announced that the mining tax levied on the cement industry would be adjusted to Kshs 140/t.

2014-01-17

According to the latest data from Vietnam's Ministry of Construction (MoC), cement sales in Vietnam rose 13.9% year-on-year to 61 million tons in 2013, exceeding sales expectations of 7.5%. Among them, the domestic sales volume was 47 million tons, with a year-on-year increase of 3.4%; the export volume was 14 million tons, with an increase of 6 million tons over the same period last year; the cement output reached nearly 70 million tons.

2014-01-14

With GDP growth of 5% in fiscal year 2012-2013 and India's urban population set to double from 290 million in 2001 to 590 million by 2030, opportunities in the construction sector can be imagined. The development of the construction sector will inevitably lead to the growth of cement demand, and India's cement demand will have a huge room for growth.

2013-10-30

On October 27, Longquan Co., Ltd. (002671) announced the third quarterly report of 2026. The company's operating income was 769 million yuan, down 34.8% year on year. The net profit loss of the parent company was 11.81 million yuan, down 109.7% year on year. The net profit loss of the non-parent company was 13.28 million yuan, down 111.2% year on year; Net operating cash flow was RMB50.99 million, representing a year-on-year decrease of 65.1%; EPS (fully diluted) was RMB-0.021.