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
Conch Cement disclosed its semi-annual report on the evening of August 27. 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; basic earnings per share of 0.63 yuan.
2024-08-28
What is happening in the cement industry?
2024-08-28
During the reporting period, the total net sales volume of cement and clinker of the Group was 128 million tons, representing a year-on-year decrease of 4.94%; the main business income was RMB34.051 billion, representing a year-on-year decrease of 22.12%; the operating cost The comprehensive gross profit margin of products was 22.71%, representing a decrease of 4.10 percentage points as compared with the same period of last year.
2024-08-27
Chairman Ji Youhong stressed that the cement industry urgently needs to promote industrial transformation and upgrading, and major enterprises in the industry are striving to move towards benign competition and cooperation, pursuing the symbiosis and win-win situation of the industry as a whole.
2024-08-27
The listing of the Shares on the Hong Kong Stock Exchange will not be withdrawn and the register of members of the Company will not be closed with effect from Wednesday, 4 September 2024 for the purpose of determining the entitlements of the Scheme Shareholders under the Scheme.
2024-08-27
On the evening of August 26, Tianshan Stock released the semi-annual report of 2024. In the first half of the year, the company realized operating income of 39.699 billion yuan, down 25.72% year-on-year; net loss of 3.414 billion yuan, profit to loss year-on-year; basic earnings per share of -0.394 yuan. According to the data, among the subsidiaries of Tianshan Stock Company, China United Cement Group Co., Ltd. performed well in the first half of this year, with net profit turning from loss to profit.
2024-08-27
In the first half of the year, Tianshan's revenue was 39.699 billion yuan, down 25.72%, with a net loss of 3.414 billion yuan. The main reason for the decline in performance was the sharp drop in cement demand and the decline in gross profit margin caused by the price drop exceeding the cost drop.
2024-08-27
According to the report, in the second half of 2024, the external environment is still complex and severe, and the operation and development still face many risks and challenges. From the perspective of the industry, in the second half of the year, the marginal demand for cement improved, the supply compression continued to increase, and the contradiction between supply and demand in the industry was prominent. From the company's point of view, strategic opportunities and risks coexist, uncertainties increase, the complexity and severity of the business situation, the heavy and arduous tasks continue to intensify.
2024-08-27
It is reported that one Ф4.2 × 60m 2500t/d new dry process clinker production line of Ningxia Yinghai Building Materials Group Co., Ltd. and one Ф4.3 × 64m new dry process clinker production line of Ningxia Yinghai Tianyang Building Materials Co., Ltd. are demolished in this project. A 2500t/d new dry process clinker production line, a 5000t/d second-generation new dry process cement clinker production line, and a 9MW pure low-temperature waste heat power generation system.
2024-08-27
Tianshan shares in the evening of August 26th issued 2024 semi-annual report, the company achieved operating income of 39.699 billion yuan in the first half of the year, down 25.72%; net loss of 3.414 billion yuan, profit to loss; basic earnings per share -0.394 yuan.
2024-08-27
Tianshan shares in the evening of August 26th issued 2024 semi-annual report, the company achieved operating income of 39.699 billion yuan in the first half of the year, down 25.72%; net loss of 3.414 billion yuan, profit to loss; basic earnings per share -0.394 yuan. During the reporting period, due to the continuous decline in real estate investment and insufficient funds for infrastructure projects, the demand for cement declined significantly. Although the year-on-year decline in coal prices led to a significant reduction in costs, due to the continued low price, the year-on-year decline was greater than cost decline, the gross profit margin declined year-on-year, and the benefits declined significantly year-on-year.
2024-08-27
What is happening in the cement industry?
2024-08-27
According to the plan, the Ganfuwei Project will be completed by the end of 2026. The comprehensive navigation of the project will enhance the navigation capacity of the Ganjiang River tail, shorten the navigation time of ships, reduce the transportation cost, improve the navigation guarantee rate, and reduce the navigation delay and accident risk caused by poor channel conditions. At that time, the transportation of cement will be more convenient, and the competitiveness of cement transportation in northern Jiangxi will be further enhanced.
2024-08-26
By the end of 2028, cement clinker production enterprises (excluding mines, including cement enterprises producing special cement and co-disposing solid waste) and independent grinding stations in the whole province will complete the transformation of ultra-low emission and complete the monitoring, assessment and publicity of ultra-low emission in accordance with the relevant requirements of the state and the province. Cement enterprises or production facilities listed in the shutdown and withdrawal plan of our province are no longer required to implement ultra-low emission transformation, but they should meet the requirements of pollutant emission standards and complete the shutdown and withdrawal of production capacity on time.
2024-08-26
Hebei Jinyu Jidong Supply Chain Co., Ltd. was established on August 21, 2024. Its legal representative is Fan Liqun. Its registered capital is RMB 100 million. The company is located in Shijiazhuang City. Its business scope covers sales of building materials, sales of cement products, sales of special chemical products (excluding dangerous chemicals), wholesale of hardware products, sales of furniture, sales of mechanical and electrical equipment, sales of mechanical and electrical equipment, sales of electrical equipment, information consulting services (excluding licensed information consulting services), domestic freight forwarding, etc. General cargo warehousing services (excluding hazardous chemicals and other items requiring approval), supply chain management services.
2024-08-26
Since the 26th, enterprises in Northeast Jiangxi, Nanchang, Yichun, Ji'an and other places have again notified an increase in cement prices by 20 yuan/ton..
2024-08-26
During the reporting period, real estate investment continued to decline and infrastructure investment slowed down, which directly affected the demand for cement, and this trend became more obvious after the Spring Festival, resulting in a continuous decline in the demand for cement. During the reporting period, the company's cement sales decreased by 577900 tons, and the average price of cement decreased by 45.03 yuan, or 17.26%. During the reporting period, the company suspended the production of high-cost Strait Cement and reduced the marketing scale of Jinyinhu Cement, which had a positive impact on the year-on-year loss reduction.
2024-08-26
On 16 August, China Resources Building Material Technology Holdings Limited (stock code: 1313.HK) announced its interim results for 2024. In the first half of 2024, the consolidated turnover of the Company decreased by 13.9% year-on-year to RMB10.31 billion, the profit attributable to owners of the Company decreased by 70.2% year-on-year to RMB170 million, and the basic earnings per share was RMB0.024. As of June 30, 2024, the total assets of the company were 72.61 billion yuan, the net asset value per share was 6.33 yuan, and the interim dividend rate exceeded 70%.
2024-08-26
Domestic high temperature rain weather has not yet subsided, downstream construction activity is still low, the concrete market is relatively flat, and the market price is stable. From August 15 to August 21, the national concrete price index closed at 114.16 points, down 0.28% annually and 11.40% year-on-year.
2024-08-23
Since the 23rd, some major enterprises in Lanbai area have notified an increase in cement prices by 20 yuan/ton.
2024-08-23
Recently, major enterprises in Jiuquan and Jiayuguan have lowered the price of cement by about 20-30 yuan/ton.
2024-08-23
From August 12, 2024 to August 18, 2024, the highest opening rate of cement kilns in all provinces in China was 72.45% in Shandong Province. Kiln opening rates of 50% and above were 70.86% in Hubei, 65.97% in Anhui, 64.10% in Zhejiang, 63.14% in Shanxi, 61.47% in Jiangsu, 54.48% in Hebei and 50.00% in Tianjin.
2024-08-23
China Cement Net Market Data Center News: The Commercial Mixed Market in Northwest China Is Steady and Small
2024-08-23
Affected by the environment in East China, demand has not improved, and prices in some areas have fallen this week.
2024-08-23
Affected by rainfall in Northeast China, the demand for concrete market is low.
2024-08-23
A few days ago, the Ministry of Industry and Information Technology issued the Notice on the Suspension of Steel Capacity Replacement Work, requiring that from August 23, 2024, the whole country suspend the announcement and announcement of new steel capacity replacement schemes, and violators will be regarded as new illegal steel capacity and notified.
2024-08-23
The price of raw materials in many places has fallen, and the price of concrete in southwest China is running weakly.
2024-08-23
Affected by the price of raw materials, the price of concrete in the central and southern markets is mixed..
2024-08-23
The concrete market in North China is facing the bottleneck of demand and shipment growth.
2024-08-23
The issuance of the Notice means that the capacity replacement in the iron and steel industry, which has been implemented for many years, has temporarily withdrawn from the historical stage, which has further triggered discussions in the industry on whether the implementation of capacity replacement in the cement industry should be suspended. Similar to the iron and steel industry, there are some problems that can not be ignored in the implementation of the cement industry capacity replacement method, so that in recent years, people in the industry have been calling for the suspension or modification of the cement industry capacity replacement method.
2024-08-23
Luo Zengbin, member of the Standing Committee of the CPC Hainan Provincial Committee and secretary of the CPC Haikou Municipal Committee, met with Li Yeqing, party secretary and president of Huaxin Cement Co., Ltd. and his delegation in the municipal administrative office area. During the talks, the two sides focused on giving full play to Hainan's free trade port policy advantages, increasing business layout in Haikou, and strengthening practical cooperation in foreign investment, international trade, new building materials and other fields.
2024-08-23
CEMPI
133.85
0 0%
CONCPI
112.35
-0.15 -0.13%
CLKPI
141.95
0.00 0.00%
SPPI
50.58
-0.05 -0.10%
MORPI
80.53
+0.10 +0.12%
The Net Zero Industrial Awards recognize and celebrate outstanding innovation in industrial decarbonization, focusing on people and projects that are revolutionizing energy-intensive industries and dramatically reducing greenhouse gas emissions. Cemex 's Solar clinker project is in partnership with cleantech company Synhelion, which developed the high-temperature solar thermal technology it uses