Adani is also a big man in the Indian cement industry and is the second largest cement producer in India. He entered the industry in 2022 with the acquisition of Holcim's cement business in India, which acquired about 70 million tons of cement per year for $10.5 billion. Adani plans to expand its annual cement production capacity to 140 million tons by 2028. Adani has previously invested $1.6 billion to acquire Sanchi Cement and Penna Cement, and is expected to acquire an additional 21 million tons of production capacity.

2024-11-22

Methods and requirements for quantification of carbon footprint of greenhouse gas products Cement is proposed to be included in the research project of industrial energy conservation and green standards in 2024.

2024-11-22

Next, the National Development and Reform Commission will strengthen the overall planning of its work, establish a coordination mechanism for the statistical accounting of carbon emissions, guide local governments to issue guidelines and methodological guidelines for the accounting of carbon emissions, promote the implementation of tasks by relevant departments, and build a systematic and complete statistical accounting system for carbon emissions as soon as possible.

2024-11-22

On November 21, the Western Construction (002302) issued a prospectus for issuing stocks to specific targets in 2021. The company plans to introduce Conch Cement as a strategic investor through this issue, and Conch Cement will subscribe for 183 million shares, accounting for 12.48% of the total equity after the issue, becoming the second largest shareholder. The purpose of this issue is to optimize the capital structure, supplement liquidity and repay bank loans, which is expected to bring the company an annual increase of 8.85 billion yuan in operating income and a total profit of 708 million yuan, up 38.71% and 78.23% respectively from 2023.

2024-11-22

Relevant information shows that Tangshan Jidong Cement Co., Ltd. transferred 51% equity of Shandong Jidong Shengwei Building Materials Co., Ltd. with a transfer base price of 383978 yuan. Shandong Jidong Shengwei Building Materials Co., Ltd., located in Shouguang City, Weifang City, Shandong Province, was established in 2013, with 51% shares held by Tangshan Jidong Cement Co., Ltd. and 49% shares held by Shandong Linqu Shengwei Special Cement Co., Ltd.

2024-11-22

What is happening in the cement industry?

2024-11-22

Since the 21st, some major manufacturers in Zhanjiang, Maoming, Yangjiang and Yunfu in western Guangdong have again notified an increase in cement prices by 30 yuan/ton, and the specific implementation remains to be observed.

2024-11-21

It is understood that the mining area has already set up mining rights, and now expand the scope of the mining area to re-sell. The original mine assets are the original mining right, and the remaining transferred and unmined resource reserves are 13.9834 million tons, with an average value of 54.5629 million yuan. The preliminary work expenses of the mining right are 1.1469 million yuan, involving the required land lease expenses of 13.851268 million yuan, and the total cost is about 69.56 million yuan.

2024-11-21

In October, Spain's cement consumption increased by 14.5% compared with the same period last year, reaching 1.37 million tons, the highest level since 2019.

2024-11-21

Li Xinhua was removed from the post of Deputy Secretary of the Party Committee, Standing Committee of the Party Committee and Director of China Building Material Group Co., Ltd. and no longer served as General Manager of China Building Material Group Co., Ltd. and retired.

2024-11-21

According to the tracking of China Cement Network Cement Big Data Research Institute, some production lines will be put into operation until 2025, and no new lines will be put into operation in the fourth quarter. The overall supply pressure is controllable, but the contradiction between supply and demand is highlighted in the downward period of demand, and it is expected that the contradiction between excess capacity will continue to intensify.

2024-11-21

What is happening in the cement industry?

2024-11-21

Since the 20th, some major enterprises in Qingyuan, Shaoguan, Heyuan and other places in northern Guangdong have again notified the increase of cement prices by about 30 yuan/ton, and the specific implementation remains to be observed.

2024-11-20

For example The average capacity utilization rate of cement clinker in the first three years of the provinces transferred to production capacity, whether the energy efficiency of the production line transferred to production capacity meets the requirements of the benchmark level in the current edition of the Benchmark Level and Benchmark Level of Energy Efficiency in Key Industrial Areas, the operation status of the production line (whether there has been a continuous shutdown for two years or more since 2013), and whether the production line has debt disputes. Whether the capacity split transfer is more than two projects, etc. Starting from 2026, in terms of the operation status of the production line, whether there are less than 90 days of operation per year for two consecutive years from 2024 will be added.

2024-11-20

While seeing the success of the current price rise, the industry should also think about how to start well next year and how to develop steadily in the future. The author believes that in the current situation, active production control is the key to maintain a good situation in the cement industry. If production control can not be effectively implemented, even if the cement price is maintained at a relatively reasonable position at the end of this year, the cement price will still be difficult to maintain in the face of severe supply and demand situation after the beginning of next year.

2024-11-20

After deliberation and approval at the ministerial meeting of the Ministry of Emergency Management, the Benchmark for Discretionary Power of Administrative Penalties for Emergency Management is now issued to you. Please follow it in accordance with the actual situation. The Discretionary Standards for Administrative Penalties for Production Safety formulated by the former State Administration of Work Safety shall be abolished at the same time.

2024-11-20

In the first three quarters, BBMG achieved a sales volume of more than 60 million tons of cement clinker (the total sales volume of cement and clinker in the same period last year was 72.07 million tons), and the comprehensive price of cement clinker was about 245 yuan/ton (excluding tax); In the third quarter, the sales volume of cement clinker was more than 20 million tons, the comprehensive price of cement clinker was about 250 yuan/ton (excluding tax), which increased by 8 yuan/ton, and the gross profit per ton was 54 yuan/ton, which increased by 13 yuan/ton.

2024-11-20

Among them, Shaanxi Beiyuan Group Cement Co., Ltd., Jidong Cement Tongchuan Co., Ltd. and Tongchuan Yaobai Special Cement Co., Ltd. were selected.

2024-11-20

On October 17, Ni Hong, Minister of Housing and Urban-Rural Construction, proposed at a press conference held by the Information Office of the State Council that 1 million new urban villages and dilapidated houses should be renovated through monetized resettlement. After the issuance of this notice, this policy will accelerate its landing.

2024-11-20

What is happening in the cement industry?

2024-11-20