In view of the problems of declining profits of cement enterprises hindering green transformation and narrowing the space for energy saving and carbon reduction, Ye Jiayuan proposed that cement enterprises should not forget to innovate no matter how difficult it is. Innovation should not only be limited to low-carbon areas, but also open up ideas and plan digital upgrading and intelligent transformation as early as possible according to their own conditions. In the implementation of digital and intelligent transformation, it should be linked with low-carbon as far as possible. If digital intelligence leaves the foothold of low carbon, digital intelligence is likely to be hollow, and it is likely to become a castle in the air, which is not useful, but a burden for enterprises.

2024-09-05

What is happening in the cement industry?

2024-09-05

The cement industry will soon be incorporated into the carbon trading market, and the importance of green low-carbon transformation has become increasingly apparent. In response to the policy guidance, China Cement Network will hold the "2024 China Cement Double Carbon Conference and the 12th Energy Conservation and Environmental Protection Technology Exchange Conference" in Wuhu Conch International Hotel on October 24-25. The conference will focus on the core issues of low-carbon development and green upgrading in the cement industry, discuss the application of energy efficiency improvement and energy-saving and carbon reduction technologies, and how the cement industry can use the carbon trading mechanism to promote its low-carbon transformation.

2024-09-04

Recently, leading enterprises in Guanzhong area of Shaanxi have pushed up the price of cement by 30-50 yuan/ton.

2024-09-04

In the first half of 2024, Huaxin Cement achieved good results overseas. Huaxin said that the improvement of aggregate and overseas cement sales and performance has become an important support for stabilizing the company's performance. It is understood that overseas development is one of the four major development strategies of Huaxin Cement. In the second half of the year, Huaxin said it would be aggressive and further expand its overseas market. Li Yeqing said that in the future, Huaxin Cement may have production lines in 25 or more countries.

2024-09-04

However, in the semi-annual reports issued by major cement listed companies, despite the sharp decline in profits of the cement sector, the development of the aggregate sector is still steady. China Cement Network data show that in the first half of 2024, the demand for aggregate for concrete fell 10.8% year-on-year, with a total demand of 6.25 billion tons, dragged down by both downstream infrastructure and real estate. Therefore, how long the aggregate can support cement enterprises is indeed a pessimistic unknown.

2024-09-04

Recently, leading enterprises in Chongqing's main urban area and western Chongqing have pushed up cement prices by 30-60 yuan/ton.

2024-09-03

Leading cement enterprises in Shijiazhuang, Hebei, once again pushed up cement prices by 50 yuan/ton and clinker prices by 30 yuan/ton.

2024-09-03

Recently, some leading enterprises in many places in the Pearl River Delta continue to secretly decline the price of cement by about 10-15 yuan/ton.

2024-09-03

According to Shanghai Electric News, on the afternoon of September 2, Wu Lei, chairman of Shanghai Electric Group, held talks with Yang Jun, chairman of Anhui Conch Group Co., Ltd. (Hereinafter referred to as "Conch Group"). The two sides had in-depth exchanges and reached broad consensus on strengthening cooperation. Wu Lei said that Shanghai Electric and Conch Group have a long-term good foundation for cooperation, with a high degree of fit in multiple business sectors and great potential for cooperation. It is expected that the two sides will consolidate the foundation of early cooperation, continue to expand cooperation in energy equipment, automated production lines, green hydrogen energy, digital applications and other fields, and work together to create a new chapter of cooperation between state-owned enterprises.

2024-09-03

From the overall situation, in the first half of 2024, the overall operating situation of the cement industry was grim, and the profits of cement enterprises basically declined sharply, and even some enterprises suffered huge losses. In terms of the operation and management of Conch Cement, the Group will pay close attention to the macroeconomic situation at home and abroad, and continue to improve the quality and efficiency of its operation in line with the guidance of national policies. Huaxin Cement said that it demonstrated the sense of responsibility of large enterprises and actively promoted and implemented new supply-side structural reform programs and measures suitable for the high-quality development of the industry.

2024-09-03

What is happening in the cement industry?

2024-09-03

Sichuan Shuangma's private equity fund management business mainly refers to the management and investment of funds, providing management services to private equity funds, collecting management fees and performance sharing. Sichuan Shuangma currently manages a total fund of nearly 28 billion yuan, and has achieved good results in new energy, semiconductor, advanced manufacturing and other investment fields.

2024-09-02

On September 1, some leading enterprises in Guangxi notified many places to reduce the price of cement by about 20-30 yuan/ton.

2024-09-02

On August 29, Conch Environmental announced that from August 29, 2024, Li Xiaobo resigned as executive director and general manager, and ceased to be a member of the Strategic, Sustainable Development and Risk Management Committee, authorized representative and agent of legal process documents; Wang Chunjian was appointed as an executive director and general manager, a member of the strategy, sustainable development and risk management committee, an authorized representative and a process agent.

2024-09-02

On the evening of August 30, Jidong Cement released its semi-annual report for 2024. In the first half of 2024, it realized operating income of 11.22 billion yuan, down 22.55% year-on-year; realized net profit of -806 million yuan, down 120.18% year-on-year; basic earnings per share of -0.3033 yuan; weighted average return on equity ROE of -2.85%. The main sources of the company's performance are the production and sale of cement and clinker, the production and sale of aggregates and the disposal of hazardous waste and solid waste.

2024-09-02

Recently, the Natural Resources and Planning Bureau of Zaozhuang City, Shandong Province, issued the "Shandong United Wangqi Cement Co., Ltd. 4000t/d New Dry Process Cement Clinker Production Line and Waste Heat Power Generation Project Planning Approval Announcement". It is understood that the total investment in the technical renovation of the 4000t/d cement clinker new dry process production line project of Shandong United Wangqi Cement Co., Ltd. is 1 billion yuan. On the basis of the daily production of 2500t/d, the technical renovation of equipment has been upgraded to the 4000t/d new dry process cement clinker production line and the supporting construction of 6MWh waste heat power generation system. To realize the intellectualization, digitalization, energy saving and environmental deepening of production process and equipment level.

2024-09-02

What is happening in the cement industry?

2024-09-02

What is happening in the cement industry?

2024-09-01

On August 31, Huaxin Cement (600801) disclosed its semi-annual report for 2024. In the first half of 2024, the Company realized operating income of RMB 16.237 billion, a year-on-year increase of 2.56%; net profit attributable to parent company of RMB 731 million, a year-on-year decrease of 38.74%; net profit after deduction of non-profits of RMB 680 million, a year-on-year decrease of 41.88%; net cash flow from operating activities of RMB 1.731 billion, a year-on-year decrease of 18.64%; During the reporting period, the basic earnings per share of Huaxin Cement was 0.35 yuan, and the weighted average return on equity was 2.49%.

2024-08-31

What is happening in the cement industry?

2024-08-31

Most regions in China are affected by capital factors, lack of construction increment downstream, no improvement in concrete market demand, and downward pressure on local quotations. From August 22 to August 28, the national concrete price index closed at 113.68 points, down 0.42% annually and 11.12% year-on-year.

2024-08-30

Since the 29th, some major manufacturers in the province have resumed raising the price of cement by 50 yuan/ton, but the actual implementation range is about 20-30 yuan/ton.

2024-08-30

The performance of the concrete market in Northeast China is relatively stable, and the demand restricts the implementation of raw materials.

2024-08-30

The commercial mixed market in Northwest China is stable and small.

2024-08-30

Demand in the southwest region is sluggish, and concrete prices are running weakly..

2024-08-30

On August 30, Sichuan Shuangma (000935. SZ) released its semi-annual report for 2024. During the reporting period, the company realized business income of 482 million yuan, down 14.08% from the same period last year. Net profit attributable to shareholders of listed companies was 113 million yuan, down 75.06% year on year. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 95.0835 million yuan, down 78.51% year on year. Basic earnings per share is 0.15 yuan.

2024-08-30

Market demand in central and southern China is general, and concrete prices are weak..

2024-08-30

The demand for concrete in North China is weak and the price is under pressure.

2024-08-30

On August 29, Fujian Building Materials Industry Association issued the Notice on the Arrangement of Peak Staggering Work in September. The notice requires all cement enterprises to stagger the peak for 15 days in September according to the current market situation and the decision of the meeting.

2024-08-30

Demand has not improved significantly, and concrete prices are mainly stable..

2024-08-30

In the first half of 2024, Conch Cement realized an operating income of RMB45.566 billion, representing a year-on-year decrease of 30.44%, and a net profit attributable to parent company of RMB3.326 billion, representing a year-on-year decrease of 48.56%.

2024-08-30

The Implementation Measures stipulate that the capacity indicators used for replacement shall be determined according to the design capacity on the project filing or approval documents. Because the kiln diameter is 5.45 meters from the production capacity scale. Therefore, the kiln diameter is not usually 100 mm into the first gear. It should be the consideration of leaving a way out for the project. Most of the early 4000 tons/day production lines fixed the kiln diameter at 4.8 meters. At present, there is a 2500 tons/day production line in the province, and the production capacity index is sold according to the reduction ratio. If only 1500 tons/day are used, the remaining 1000 tons/day will cause subsequent trouble to the transferor. That's a lot of "trouble".

2024-08-30

From August 19, 2024 to August 25, 2024, the highest opening rate of cement kilns in all provinces in China was 73.67% in Shandong Province. Kiln opening rate of 50% and above: 70.00% in Hubei Province, 64.21% in Anhui Province, 61.43% in Shanxi Province, 59.26% in Zhejiang Province, 58.01% in Jiangsu Province, 57.71% in Hebei Province, 53.25% in Henan Province and 50.00% in Tianjin.

2024-08-30

Since the 26th, major enterprises in Lhasa, Xigaze and other places have notified to raise the price of cement by 20 yuan/ton, and the implementation remains to be observed.

2024-08-30

On the 28th, major enterprises in Yinchuan took the lead in notifying the increase of cement price by 20 yuan/ton, and the implementation remains to be observed.

2024-08-30

Relevant data show that the industry lost about 1.2 billion yuan in the first half of the year, with sales falling by 11%. Conch Cement: In the first half of the year, the Company achieved an operating income of RMB45.566 billion, representing a year-on-year decrease of 30.44%, and a net profit of RMB3.326 billion, representing a year-on-year decrease of 48.56%. Tapai Group: achieved operating income of RMB1.976 billion, representing a year-on-year decrease of 31.17%; net profit attributable to shareholders of the listed company was RMB226 million, representing a year-on-year decrease of 53.43%. It is expected that with the arrival of the traditional peak season of cement sales, the demand side will be better in the second half of the year than in the first half, and the price side is expected to continue to repair.

2024-08-30

What is happening in the cement industry?

2024-08-30

According to the big data of China Cement Network, the price of cement in central Hebei has almost always been the highland of Hebei since this year, among which Baoding ranks first in Hebei. At the same time, the special terrain and the relatively high price make Jizhong become the coveted cement enterprises of the surrounding parties. Although there are six cement clinker enterprises in Baoding, which are mainly concentrated in three brands, it is difficult to control the price trend. Local cement enterprises in Tangshan have also said that Baoding and other Jizhong markets account for a large proportion of enterprise sales.

2024-08-29

The purchase cost of coal, electricity and other energy consumption in the cement products of the Company accounts for more than 50% of the comprehensive cost of the products on average. Once the coal price rises by a large margin, the production cost of the Company will face upward pressure. If the resulting cost increase cannot be fully transmitted to the product price, it will have a negative impact on the profit of the Company. With the rising cost of safety, environmental protection and labor, the cost pressure of enterprises will further increase.

2024-08-29

According to daryo. Uz. On August 27, it was reported that Uzbekistan's Competition Development and Consumer Rights Protection Commission announced that it had imposed a fine of 4.9 billion sum on Shangfeng Friendship Bridge for dumping and other violations. In addition, the regulator has issued a mandatory directive requiring Shangfeng Friendship Bridge to eliminate the identified violations and take measures to prevent future occurrences. On April 28, 2024, the completion ceremony of the 6500t/d clinker production line was successfully held.

2024-08-29

On the evening of August 28, Shangfeng Cement released its semi-annual report for 2024. During the reporting period, the company realized business income of 2.392 billion yuan, down 25.44% from the same period last year. During the reporting period, due to the decrease in market demand for cement building materials, oversupply of production capacity and the decline in product prices, the sales volume and product prices of the company's main products decreased year on year. The asset structure of the Company maintained a good margin of safety. As at the end of the reporting period, the scale of monetary capital of the Company was basically stable, and the actual scale of external financing remained stable.

2024-08-29

Recently, Jiangxi Cement Association issued the Proposal on Further Strengthening Industry Self-discipline and Preventing Involution Vicious Competition, which includes the following four points: 1. Recognize the industry situation and strengthen confidence in development; 2. Strengthen industry self-discipline and prevent vicious competition; 3. Firmly stagger peak production and alleviate the contradiction of surplus; 4. Accelerate transformation and upgrading and promote high-quality development. It is proposed that all cement enterprises in the province should recognize the situation and take the initiative to respond to it. The cement industry has entered a period of declining demand, which is the general trend of the economic development cycle and is irreversible in the short term.

2024-08-29

What is happening in the cement industry?

2024-08-29

A Picture to Understand the Semi-annual Report of Shangfeng Cement in 2024

2024-08-28

On the evening of August 27, Conch Cement disclosed its semi-annual report that in the first half of the year, the company realized operating income of 45.566 billion yuan, down 30.44% year-on-year, net profit of 3.326 billion yuan, down 48.56% year-on-year, and basic earnings per share of 0.63 yuan. From the data point of view, in the first half of 2024, the market share of conch cement has been further improved.

2024-08-28

In the first half of the year, Conch Cement realized an operating income of 45.566 billion yuan, a year-on-year decrease of 30.44%, and a net profit of 3.326 billion yuan, a year-on-year decrease of 48.56%;

2024-08-28

From a supply perspective. In 2024, the cement industry still showed a trend of "serious overcapacity". Although the expectation of environmental protection and low carbon still maintains the trend of "continuous overweight", "normalization of staggered peak production" and "carbon peak" have some constraints on the compression of cement supply in most regions, due to the overall weakening of market demand, the original production intensity of compressed cement has been difficult to reverse the current contradiction between supply and demand in a large scale, and the market. The effect of regulation and control on the supply side of superimposed peak staggering production is weakened, and the market competition is further intensified.

2024-08-28

The company will pay close attention to the macroeconomic situation and industrial policies, optimize the strategic layout, promote the "vertical integration" expansion of the industrial chain, and build the ecological chain of the building materials industry. The company will deepen its main business, widely use digital intelligence technology and green technology, and promote the optimization and upgrading of the cement industry chain; Expand the industrial layout to promote the healthy development of the industry from the strategic height, expand the layout of the commercial concrete industry around the core areas, and further enhance the market influence and discourse power; precisely supplement the chain, combine the company's resource endowment, Industrial base, cultivate related diversified industries, and cultivate the second growth curve.

2024-08-28

Influenced by factors such as the continuous bottoming of real estate investment, the slowdown of infrastructure investment and the increase of seasonal rainfall in Jiangxi and the surrounding areas, the demand for cement in the market areas covered by Evergreen continued to be weak, the contradiction between supply and demand intensified competition, and the low price led to the continuous decline of industry efficiency. According to the Evergreen Announcement, through the organic combination of resource orientation and market regional characteristics, the company has achieved the integration of upstream and downstream development of the industrial chain.

2024-08-28