The above expected decrease is mainly attributable to the decrease in the selling prices of the Group's major products, namely cement, ready-mixed concrete and glass fibre, the decrease in the sales volume of cement, and the decrease in the share of results of associates, but partially offset by the decrease in the cost of sales of cement and ready-mixed concrete, and the decrease in the net loss from the change in the fair value of the Group's financial assets at fair value through profit or loss.

2024-10-16

China Resources Building Materials Technology (01313) announced that the group expects that the profit attributable to the owners of the company (net profit attributable to the parent company) in the first nine months of 2024 will decrease by about 47% to 57% compared with the same period last year, mainly due to the decrease in the sales price of the group's cement products and concrete during the period compared with the same period in 2023, resulting in a decrease in the consolidated gross profit and the consolidated gross profit margin.

2024-10-16

According to statistics, in recent years, many regions have successively released plans for cement industry to stagger peak and shut down kilns from 2024 to 2025. For example, the Hebei Provincial Department of Industry and Information Technology and the Department of Ecology and Environment issued the Notice on Cement Peak-Staggering Production in 2024-2025. The notice requires that the implementation time of cement peak staggering production in 2024-2025 is from November 1, 2024 to October 31, 2025, and the heating season is from November 1, 2024 to March 31, 2025. The annual peak staggering days are 150 days, including 120 days in the heating season and 30 days in the non-heating season.

2024-10-16

In order to implement the requirements of the Safety Production Law of the People's Republic of China and standardize the orderly operation of safety production liability insurance, the Investigation and Statistics Division of the Ministry of Emergency Management took the lead in drafting the Measures for the Implementation of Safety Production Liability Insurance (Revised Draft for Consultation) (Annex 1, 2 and 3).

2024-10-16

What is happening in the cement industry?

2024-10-16

Local (prefectural and municipal) industry and information departments should earnestly fulfill their leading responsibilities, strengthen communication and coordination with relevant departments, coordinate the implementation of peak-staggering production plans by cement enterprises in the region, and organize supervision and inspection of peak-staggering production. Enterprises in violation of regulations such as non-peak, non-performance and non-trustworthiness should be rectified to make up for the shutdown time in 2025. Enterprises that refuse to rectify shall be interviewed by legal persons and publicly notified, and shall not support the declaration of air pollution prevention and control fund projects within three years, and shall not accept the application of peak staggering by enterprises that violate the regulations within one year, and the rectification shall be submitted to the industry, information and ecological environment departments of the autonomous region (Corps) in a timely manner.

2024-10-15

Ren Qianjin, secretary of the board of directors of Jidong Cement, said. In order to cope with the slowdown of demand in the cement industry, the company first cultivates lean marketing, continuously optimizes the market layout, product structure and channel structure, optimizes the market share of cement segments, vigorously expands the market of customized, special cement and home decoration cement, and creates differentiated competitive advantages; The second is to play the leading role of large enterprises, unswervingly promote off-peak production and industry self-discipline, do a good job in short-term regulation of the supply side, steadily improve the market price, and ensure the company's reasonable profits for the current period. The third is to actively respond to the national "double carbon" strategy and relevant industrial policies, actively promote the industry's medium- and long-term capacity reduction work, and enhance the industry's profitability.

2024-10-15

Ren Qianjin, Secretary of the board of directors of Jidong Cement, said that the company has continuously strengthened the enabling role of digitalization transformation, deepened the application of existing systems, actively promoted the landing of innovative scenarios, given full play to th e intelligent role of quality management, expert control, energy management, intelligent mining and other systems, and launched a digital logistics platform. In-depth operation of financial sharing center, equipment operation and maintenance management platform, remote video security monitoring, sunshine procurement platform and e-procurement mall, production efficiency and management level have been effectively improved.

2024-10-15

Ren Qianjin, secretary of the board of directors of Jidong Cement, said that in the first half of 2024, the company completed the acquisition of building materials in China and Africa, achieving zero breakthrough in overseas layout, and the operation of Mamba Cement in South Africa from January to September 2024 was in good condition, in line with expectations. With the Beijing-Tianjin-Hebei region as the core, North China as the whole, Northeast and Northwest as the wings, the company realized 106 million tons of mine reserve increase in the first half of the year through horizontal integration such as capacity replacement, merger and reorganization, resource reserve increase and vertical integration such as optimal allocation of internal resources, extension of industrial chain and reconstruction of industrial system. The reorganization and integration of the Northeast region has also been accelerated.

2024-10-15

The Symposium on High-quality Development of Liaoji Heimeng Cement Industry, sponsored by Liaoning Building Materials Industry Association and hosted by the Northeast Operating Zone of Shanshui Group, was held in Shenyang from October 12 to 13, 2024. Nearly 300 people from more than 200 cement enterprises in Liaoning, Jilin, Heilongjiang and Inner Mongolia attended the meeting. At the meeting, Li Yingke, Vice President of Liaoning Building Materials Industry Association and President of Cement Branch, delivered a welcome speech. Tan Qiang, Secretary-General of Cement Branch, presided over the meeting and briefed on the overall operation of "Three Provinces and One District" from January to September 2024.

2024-10-15

Under the current supply and demand situation of the industry, strict implementation of off-peak production is still the key to maintain the stable development of the industry. According to its introduction, the number of off-peak production days in Chongqing this year may reach nearly 200 days, about 20 days more than last year. However, from the implementation of this year, two key problems need to be solved to promote off-peak production. 1. Some small enterprises are not enthusiastic about participating. According to its introduction, large enterprises and some small enterprises in the region can strictly implement the peak-staggering production plan, but some small-scale cement enterprises, especially single-line enterprises, have poor enthusiasm for the implementation of peak-staggering production, which makes it difficult to implement the regional peak-staggering production as a whole.

2024-10-15

Since the 15th, major enterprises in Fujian have again notified an increase in cement prices of about 10-20 yuan/ton, and the specific implementation remains to be tracked.

2024-10-15

Vietnam is the largest exporter of cement and clinker, with an annual export of 30 million tons of cement and clinker. China, the Philippines and Bangladesh are the main export countries of Vietnam in Asia. With the decrease of China's demand, the export of cement and clinker from Vietnam to China has also declined. Vietnam is now increasing the export of cement and clinker to the Philippines and Bangladesh. To make up for the loss of market share of cement and clinker exported to China.

2024-10-15

The project uses the idle space in the plant area of Ningxia Shangfeng Building Materials Co., Ltd. to build a photovoltaic power station. The installed capacity of the power station is 4MWp on the DC side. The power generation mode of "self-generation and self-use" is adopted to provide part of the green production electricity for enterprises and reduce the cost of electricity consumption.

2024-10-15

It is understood that the project is jointly constructed by Jiangxi Yadong Cement Co., Ltd. and Ruichang Mining Investment Industry Development Co., Ltd. and utilizes the limestone resources of Xiazhang Mining Area of Jiangxi Yadong Cement Co., Ltd. for overall planning and layout to build a large-scale green and environmental protection intelligent aggregate production base with an annual output of 12 million tons (of which 16-26 mm aggregate is about 4). 4.2 million tons of 5-16 mm aggregate, 2.64 million tons of 0-5mm machine-made sand and 360,000 tons of 0-0.075 mm stone powder).

2024-10-15

The announcement shows that the technical renovation and upgrading project of the cement clinker production line with a daily output of 6000 tons relies on the integration and upgrading of the original site of the 1 # clinker production line with a daily output of 4000 tons and the 2 # clinker production line with a daily output of 3000 tons of Shuicheng Conch Panjiang Cement Co., Ltd. The 2 # clinker production line with a daily output of 3000 tons of Shuicheng Conch Panjiang Cement Co., Ltd. is transferred by reduction and replacement according to the ratio of 1.5: 1.

2024-10-15

Eliminating backward and inefficient production capacity is one of the important measures for the structural adjustment, transformation and upgrading of the cement industry, as well as the needs of the enterprise's own development. Generally speaking, this will help the cement industry to promote structural optimization, improve production efficiency, reduce resource consumption and enhance brand image, and will also have a positive impact on the green development and competitiveness of the industry.

2024-10-15

Zero-carbon cement: an ecological cementitious material that has no carbon footprint in its full life cycle (only absorbs and does not emit carbon dioxide) and uses green electricity and 95-100% solid waste. Zero carbon basis: solid wastes that have been listed in the national bulk solid waste list do not count their carbon footprint. The source of alkali activator used in geopolymer cement, electrolytic cement (new technology of MIT) and alkali-activated cement should be waste alkali or green electrolysis.

2024-10-15

What is happening in the cement industry?

2024-10-15

In the first half of 2024, Conch Cement earnestly implemented the relevant policy requirements of national carbon peak and carbon neutralization, and orderly promoted the implementation of carbon emission reduction projects in accordance with the company's medium and long-term carbon emission reduction route. As of August 2024, Conch Cement has built 27 state-level green factories and 44 green mines. In addition, Conch Cement vigorously develops photovoltaic, wind power, energy storage and other projects, and the installed capacity of green energy is nearly 900 MW.

2024-10-14