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