China Building Materials Zambia Industrial Park won the "African Safety Excellence Award" for its outstanding safety, health and environmental performance, highlighting its leading position in green sustainable development.

2024-12-04

Recently, China Material International said that in order to promote the international distribution of cement business and achieve the strategic goal of "cement plus" industry development, China Material Cement intends to set up a new SPV company in the United Arab Emirates through its wholly-owned subsidiary, Hong Kong SPV Company, and introduce other investors. Acquisition of 100% equity of CJO in Tunisia and its affiliated GJO with SPV in the United Arab Emirates as the main body. The final acquisition price is based on the consideration of US $130 million, which is determined by adjusting the difference between the audited cash, debt and working capital on the actual delivery date and the corresponding level of the delivery account on the valuation base date, up to US $145 million.

2024-12-04

On the evening of December 3, Yatai Group announced that the board of directors of the company had recently received a written resignation report from Mr. Li Yu, the director of the company. Due to personal reasons, Mr. Li Yu, academician of the Chinese Academy of Engineering, applied to resign as a director of the thirteenth board of directors of the company, and no longer served as a member of the audit committee and nomination committee of the board of directors. After his resignation, Mr. Li Yu will no longer hold any position in the Company.

2024-12-04

On December 3, Beixin Paint, a wholly-owned subsidiary of Beixin Building Materials, intends to reorganize Zhejiang Bridge Paint Co., Ltd. through public delisting and agreement acquisition. Beixin Paint intends to delist and acquire 10.7390% equity of Zhejiang Bridge held by Hangzhou Industrial Investment Group Co., Ltd. at a base price of 43319204.7, and also intends to acquire part of the equity of Zhejiang Bridge held by other shareholders by agreement, which will total 51.4169% equity of Zhejiang Bridge after the transfer. The purpose of this transaction is to realize the market layout of industrial coatings in East China, and there are risks such as market and integration. After the completion of the transaction, the target company will be included.

2024-12-04

On December 3, Jinyuan announced that its controlling shareholder, Jinyuan Holding Group Co., Ltd., had pledged 15.21 million shares of the company, starting on December 2, 2024. As of the disclosure date of the announcement, the pledged shares held by Jinyuan Holdings and its concerted actors, Hangzhou Kaiyuan Asset Management Co., Ltd. and Mr. Zhao Hui, accounted for more than 50% but less than 80% of the company's shares. Jinyuan Holdings, Kaiyuan Assets and Mr. Zhao Hui do not have the risk of delay or liquidation of more than 5% of the pledged shares held by the company. This Share Pledge Financing

2024-12-04

On December 3, Sichuan Jinding announced that the company and Beichuan Yuchuang Sanyuan Development Group Co., Ltd. jointly established Beichuan Yuding New Material Technology Co., Ltd. The registered capital of Yuding New Material is RMB 58.43 million, of which RMB 29.8 million is subscribed by the Company, accounting for 51% of the shares, and RMB 28.63 million is subscribed by Sanyuan Group, accounting for 49% of the shares.

2024-12-04

China Building Materials (03323) announced that Chen Xuean, Vice President and Chief Financial Officer, had ceased to hold office since December 3, 2024 due to retirement. Chen Xuean has confirmed that he has no disagreement with the board of directors and the company, and that there are no other matters that need to be brought to the attention of shareholders. The company will complete the selection of the chief financial officer as soon as possible in accordance with relevant regulations to fill the vacancy.

2024-12-04

According to a property rights trading platform, Xinxiang Ligu Cement Co., Ltd. holds a clinker special cement production capacity of 1000 t/d, with a starting price of 24.075 million yuan. Xinxiang Ligu Cement Co., Ltd. holds 1 million tons of cement grinding capacity index, with a starting price of 5.775 million yuan.

2024-12-04

The limestone mine for cement is set up to meet the production supporting needs of Hunan Conch Cement Co., Ltd. The scope of the proposed mining right is delineated by 15 turning point, with an area of 0.8468 km2 and a mining depth of + 353m ~ + 225m.

2024-12-04

What is happening in the cement industry?

2024-12-04

At present, the situation of production exceeding demand in the cement industry will only be more severe, and when standardizing the capacity management of the cement industry, if we ignore the actual supply and demand conditions, production and operation conditions, it may not be a good thing for the next step of enterprise production and operation.

2024-12-03

China Cement Net Releases Top 100 List of Global Cement (2024)

2024-12-03

This conference is the first event of low-carbon inorganic non-metallic materials modern industrial chain co-chain action, aiming at jointly exploring a new path of low-carbon development of the industrial chain and building a long-term, stable, mutually beneficial and win-win cooperation mechanism.

2024-12-03

On December 1, Huaxin Cement announced that it intends to acquire all the shares of Holley Nigeria Caricement B. V and Davis Peak Holding Limited for US $838 million (RMB 6.082 billion). Huaxin Cement's overseas business has become an important business pillar of the company, and this acquisition is expected to open up a new pattern of Huaxin's overseas market, which is an important fulcrum for the company to expand the West African cement market.

2024-12-03

What is happening in the cement industry?

2024-12-03

On November 25, China Railway Construction High-end Equipment Industry Technology Research Institute was unveiled and established. It is reported that China Railway Construction High-end Equipment Industry Technology Research Institute is the fourth industrial technology research Institute established by China Railway Construction after the Green Low Carbon Industry Technology Research Institute, the Underground Space Industry Technology Research Institute and the New Material Industry Technology Research Institute. It is an important deployment for China Railway Construction to implement the national decision-making and deployment on the development of strategic emerging industries and the spirit of the Central Enterprise Science and Technology Innovation Conference, and undertakes the important task of promoting the development and growth of strategic emerging industries.

2024-12-02

From December 1 to 2, major enterprises in Hainan Island again notified an increase in the price of all kinds of cement by about 40 yuan/ton.

2024-12-02

Hazardous wastes with identified hazardous characteristics shall be classified according to their main hazardous components and hazardous characteristics with reference to the existing waste codes in this list; if they cannot be classified according to the existing waste codes, their waste categories shall be determined and classified and managed according to the code "900-000- × ×" (× × is the category code of hazardous wastes).

2024-12-02

The Catalogue of Encouraged Industries in the Western Region (2025 edition) has been deliberated and adopted at the 17th executive meeting of the Commission on October 12, 2024, and approved by the State Council, and is hereby promulgated for implementation as of January 1, 2025.

2024-12-02

The National List of Hazardous Wastes (2025 Edition) has been deliberated and adopted by the 5th Ministerial Meeting of the Ministry of Ecology and Environment in 2024 on November 8, 2024, and approved by the National Development and Reform Commission, the Ministry of Public Security, the Ministry of Transport and the National Health Commission, and is hereby promulgated for implementation as of January 1, 2025.

2024-12-02