全球最大水泥企业诞生!中国建材完成整合新天山水泥

2021-12-15 15:00:02

对于中国水泥产业来说,多次大规模合并重组之后,新一轮的产业变革即将来袭。

随着中国建材旗下水泥板块业务整合告一段落,天山股份在上演“蛇吞象”之后,一跃成为全球最大的水泥企业,市值也跃升至千亿元以上。

而在房地产、基建投资放缓,以及双碳大潮下,水泥行业还将开启新一轮的竞争与洗牌,更加激烈的存量优化即将到来。

千亿“新天山水泥”现身

12月11日,中国建材集团有限公司在北京召开大会,该公司旗下的水泥板块业务整合取得阶段性成果。

中国建材集团党委书记、董事长周育先在会上介绍称,水泥板块是中国建材集团非常重要的业务板块,利润贡献占比最大,是整个集团的压舱石业务;集团各水泥企业稳步推动联合重组、管理整合、改革创新和优化升级,取得了自身的跨越式发展,也促进了行业的健康发展。

周育先表示,整合之后的新天山水泥,其协同效应和核心竞争优势将进一步凸显,盈利能力、综合竞争力和可持续发展能力将进一步增强。新天山水泥将建设世界一流水泥公司,引领全球水泥产业发展方向,推动高端化、智能化和绿色化转型,并打造一批绿色智能制造基地,与行业和上下游企业合作“出海”,打造新的增长极。

2020年7月,天山股份发布停牌公告称,为解决同业竞争问题,正与中国建材筹划重大资产重组相关事宜,论证标的资产包括中联水泥、南方水泥、北方水泥、西南水泥、中材水泥的股权等,以期整合中国建材旗下水泥资产。

2020年8月7日,天山股份公告称,拟通过发行股份的方式向中国建材等股东购买其持有的中联水泥全部股权、南方水泥99.93%股权、西南水泥95.72%股权以及中材水泥100%的股权。本次交易总规模达到981亿元,成为A股历史上交易规模最大的发行股份购买资产项目。

本次交易完成后,汇集了多家企业水泥资产的天山股份,将一举超越海螺水泥,成为A股乃至全世界最大的水泥企业。天山股份是中国建材的附属公司,1999年在深交所上市,是国家重点支持结构调整的12家大型水泥企业集团之一,也是西北地区最大的水泥生产厂家、最大的油井水泥生产基地等。其在新疆12个地州分布有30余家水泥商混生产企业。

此后,中国建材旗下的水泥板块业务重组通过反垄断审核,国资监管部门也正式批复此次重组。2021年9月,中国建材旗下水泥板块业务完成标的企业资产交割,标的企业并入天山水泥合并报表范围。2021年11月,天山股份增发的73亿新股在深交所上市。

据中国建材介绍,完成整合以后,新天山水泥拥有熟料产能约3亿吨,商品混凝土产能约4亿立方米,骨料产能约1.5亿吨,下属法人单位540家,员工约7.2万人。

据了解,目前“新天山水泥”正申请更名,其A股市值也从此前的200多亿,一跃跳升至1200亿元左右。

水泥产业市场竞争激烈,运输原因导致水泥销售具有明显的地域特征。中国建材旗下各大水泥业务整合以后,市场范围已经覆盖华北、华东、华中、华南、西南、西北地区的20余个省、自治区和直辖市,设有多个业务一体化和特种水泥业务专业化公司,是全球业务规模最大、产业链完整和全国性布局的水泥公司。

华泰证券指出,新天山水泥旗下拥有10个水泥和商混骨料一体化公司、3个商混骨料公司以及1个特种水泥公司;新公司计划在2022年第一季度完成新制度的建立并在2022年底完成上述14个公司的全面业务整合,预计届时新平台的协同效应更为显著。

水泥产业变革来袭

对于中国水泥产业来说,多次大规模合并重组之后,新一轮的产业变革即将来袭。

水泥制造业对建筑行业依赖性较强,具有明显的周期性,受国民经济景气度和城市化进程等宏观因素的影响较大。随着国内房地产行业及固定资产投资的放缓,水泥行业的竞争压力不断加大。

作为传统的耗能和排放大户,在国家大气环境治理和能耗管控愈加严格的当下,水泥企业的经营压力也日益加大。

近年来,为了提高产业集中度,促进规模化和集约化经营,国务院相继颁布多个文件鼓励企业开展并购重组,培养具有国际竞争力的大型企业。

在水泥产业方面,中央与地方也多次发布产业政策,通过推进联合重组压减过剩水泥产能。此后,水泥产业多次上演整合收购,先后有中国建筑材料集团与中国中材集团合并,金隅集团和冀东水泥重组等等。

从长远来看,随着房地产、基建投资的放缓,以及碳中和、能耗双控带来的结构优化,水泥需求的下滑已经是个必然趋势,这也将倒逼整个行业进行存量优化,落后、低端的产业将被市场淘汰,头部企业的市场份额将进一步提升。

据国家统计局数据显示,今年前10月,国内水泥产量累计达到19.73亿吨,同比增长2.1%。但从月度数据来看,今年5月以后,国内水泥月度产量就呈现负增长,同比降幅从3.2%,一路扩大到17.1%。

资深业内人士向21世纪经济报道记者指出,在双碳背景下,高能耗和高碳排的水泥产业,其竞争模式正发生改变,主导行业发展的不再是简单的质量、价格,绿色低碳、技术和产业创新优势将成为未来发展与竞争的关键。

方正证券此前指出,碳达峰和碳中和对于水泥产业的供给侧影响较为显著,水泥企业降低碳排放仅有缩减总产能和降低现有产能单位碳排放两条路。

整体而言,在碳达峰和碳中和的政策背景下,水泥产业的产能或产量都将受到严格控制,并且中小企业的扩张能力和意愿将有所减弱,水泥成本中枢将有所提升,头部企业的成本相对优势将有望扩大,有利于头部企业提高产业集中度、盈利能力以及公司的相对竞争优势。

根据中国水泥协会今年3月发布的数据,截至2020年底,中国(不含港澳台)前50家大型企业集团水泥熟料设计产能供给14亿吨,占全国总产能的76%。其中,前10家大企业集团的水泥熟料产能占全国总产能比重为57%。

业内分析师指出,随着各大厂商产能置换的新产能陆续投产,“十四五”后期国内水泥熟料产能集中度有望突破60%。

All can be viewed after purchase
Correlation

In order to implement the spirit of documents such as "Opinions of the State Council of the Central Committee of the Communist Party of China on Deeply Fighting the Strong Battle of Pollution Prevention and Control" and "Opinions of the Ministry of Ecology and Environment on Promoting the Implementation of Ultra-low Emissions in the Cement Industry" and "Notice on the Assessment and Monitoring of Ultra-low Emissions in Cement and Coking Enterprises", the State Council of the Central Committee of the Communist We will implement the requirements of relevant documents such as the Implementation Plan for the Ultra-low Emission Reform of the Cement Industry in Xinjiang Uygur Autonomous Region (No.117, 2024) and the Plan for the Ultra-low Emission Reform of the Cement Industry in the Corps (No.16, 2024), and accelerate the process of the ultra-low emission work in the cement industry in the autonomous region. September 6, 2024

2024-09-20 09:19:59

This article is selected from Song Zhiping's book "Reform Heart Road", which describes his motivation and effect of restructuring cement in those years, and has been published by China Cement Network. Recently, there has been a call for restructuring and mergers and acquisitions in the cement industry. Reviewing this old article may have the effect of reviewing the old and learning the new, encouraging the industry to promote a new round of restructuring, and solving the persistent problems of the industry.

2024-09-16 10:19:30

In the short term, rigid peak staggering is the only way out for the cement industry. We must accurately stagger the peak and stop at the same time. If it is difficult to start at the same time, we should stop at the same time first. In the long run, further improving the concentration is an effective way to reduce production capacity in the cement industry.

2024-08-23 13:13:52

On August 10, Ningxia Building Materials announced that it would terminate the exchange of shares to absorb and merge China Construction Information and issue shares to no more than 35 specific investors, including China Building Materials, to raise matching funds. At the end of January this year, the Shanghai Stock Exchange issued an audit decision on terminating the absorption and merger of building materials in Ningxia and the sale of major assets and raising matching funds. However, Ningxia Building Materials failed to fully explain the basis for the absence of significant uncertainty in the collection of accounts receivable of China Construction Information and the related favorable impact of the transaction on the company.

2024-08-16 10:15:40

Green is the background of high-quality development of cement industry.

2024-06-18 14:36:10

On June 13, the 11th China Cement Energy Conservation and Environmental Protection Technology Exchange Conference and Equipment Renewal Forum, sponsored by China Cement Network, was held in Nanjing, Jiangsu Province.

2024-06-13 16:36:33

Affected by insufficient infrastructure support and the continuous downturn of real estate, the demand of cement industry continued to be weak throughout the year. In 2023, the national cement output was 2.023 billion tons, down 5% from the same period last year. Under the influence of the decline in demand, the contradiction of excess capacity was further intensified, the market competition was extremely fierce, the price of cement dropped significantly, the industry profit shrank sharply again, the annual profit dropped by more than 50%, the development of the cement industry entered an unprecedented difficult period, and many companies suffered heavy losses.

2024-05-23 14:01:48

At present, the cement industry is facing serious internal and external troubles, which can be said to be "the autumn of life and death".

2024-04-02 17:13:02

Under the background of such a complex and severe cement market, how can the cement industry survive and develop next? The participants had a heated discussion.

2024-03-28 21:39:54

Liu Yan, Deputy Secretary of the Party Committee of China National Building Material Corporation and Chairman of New Tianshan Cement, and his team went to Jiahuateshui for investigation, appreciated its scientific and technological innovation work, and put forward four requirements: adjusting the development plan to expand the special cement business, optimizing the layout of production capacity, saving the construction of headquarters base, and improving the ability of scientific research personnel. At the same time, it emphasizes the implementation of the spirit of the Eight Provisions of the Central Committee and the focus on the objectives and tasks.

2024-03-26 11:05:56

China Building Materials Group is the only central enterprise in the field of building materials in China, and is also the leader of the central enterprise in scientific and technological innovation and the construction of a modern industrial system. How will it develop new quality productivity?

2024-03-06 21:48:14

Aggregate business is a temporary "life-saving straw" for the cement industry, not a long-term solution.

2024-03-06 09:27:02

On March 28-29, China Cement Network will hold the "13th China Cement Industry Summit and TOP100 Award Ceremony" in Hangzhou. During the conference, awards will be given to the top 100 cement and supplier enterprises. At the same time, experts and scholars, China Railway and other construction units will be invited to discuss the new development trend of the cement industry in the future, and work together to create the future!

2024-02-27 09:41:58

On January 22, 2024, the annual output of 40 million tons of aggregate project of Chizhou China Building Material New Material Company entered the stage of equipment entry. The successful entry of the equipment indicates that the project will enter the equipment installation stage from the civil engineering stage, which lays a good foundation for the project to be put into operation in the first half of this year as planned.

2024-02-20 09:19:19

Recruit one senior manager of quality management and several laboratory directors of commercial mixed enterprises.

2024-02-18 09:28:56

Recently, the Sinoma Cement 2024 Working Conference was held in Beijing.

2024-02-01 17:02:47

Jiang Dehong pointed out that cement, as a traditional building material industry, in the current environment of overcapacity in the cement industry, increasing pressure on environmental protection and sharp decline in efficiency, only innovators advance, only innovators are strong, and only innovators win.

2024-01-30 09:15:45

Zhonglian Tongli 2024 Working Conference and the Third Session of the First Workers'Congress were held in Zhengzhou, Henan Province.

2024-01-25 23:52:32

In the past year, the business situation is extremely complex and severe, the real estate market downturn, large fluctuations in raw material prices, serious overcapacity in the industry, extremely difficult repayment, sales prices continue to decline, under the strong leadership of the superior company, South China Material Learning and Implementing Xi Jinping's theme education of socialism with Chinese characteristics in the new era, fully cooperate with the inspection team of the Party Committee of New Tianshan Cement. Take the target results as the guidance, strengthen the benchmarking assessment, and strive to achieve "a little more solid every day, a little better than the ring, a little better at the end of the year".

2024-01-24 11:17:26

China United Cement Corporation 2024 Working Conference and the Second Session of the Second Workers' Congress was held in Jinan.

2024-01-24 09:10:42

On the morning of January 17, the Central South Cement 2024 Working Conference was held in Changsha.

2024-01-23 14:40:28

The 2024 Working Conference of China Building Material Group and New Tianshan Cement was successfully concluded, summarizing the past and looking forward to the future. The regional companies affiliated to New Tianshan Cement earnestly implement the spirit of the annual meeting of the superior companies, hold working meetings to summarize the deployment work, unify ideas, clarify objectives, and go all out to do a good job in 2024.

2024-01-19 17:02:30

CNBM is a comprehensive building materials enterprise, and the aggregate business is an extension of the cement business of the company's basic building materials sector.

2024-01-03 11:33:34

难关未过,未来已来。接下来,让我们一起回顾2023年水泥行业热点事件,总结过往,戮力前行。

2023-12-28 11:49:29

2023年11月29日,中国建筑材料联合会召开六届理事会四次会议。

2023-12-01 10:39:25

2023年11月,华东材料下属中建材新材料有限公司瑞昌邓家山3000万吨/年砂石骨料生产线提前42天完成年度考核目标,突破2100万吨。该生产线作为中国建材集团首个投产年产能最大的骨料生产线,以科学编排生产组织计划、持续优化工艺和保障安全生产运行为目标,实现了投产元年即达产达效。

2023-11-21 17:19:43

近日,新疆建材行业协会率新疆电石渣制水泥企业相关负责人赴宁夏和内蒙古自治区水泥协会、重点电石渣制水泥企业考察学习。

2023-11-09 16:40:21

除塔牌集团、青松建化净利润同比上涨外,其他水泥企业利润均出现下滑,更有不少企业前三季度亏损。

2023-10-30 09:21:55

《中国上市公司共建“一带一路”十年百篇最佳实践案例》发布,天山股份的《中国建材赞比亚工业园助力“一带一路”行稳致远》成功入选。该案例展示了天山股份在赞比亚投资建设的综合性基础建材产业园,坚持合作共赢,将生态环保、绿色发展先进理念引入当地经济建设中,为中赞友谊谱写新篇章。

2023-10-26 10:13:41

展望下半年,尽管需求有向好预期,但地产尚未企稳、基建增速放缓背景下需求好转程度较为有限。

2023-09-21 09:42:44

上半年,全国水泥产量9.53亿吨,全口径同比下降2.4%,产量创下2012年来新低。效益方面,受水泥价格跌幅较深和需求下滑影响,行业效益大幅萎缩,2023年全行业利润总额164.7亿元,同比下降59.8%。

2023-09-20 13:52:49

在信息产业与传统产业深度融合的新时代背景下,南京商混平台保持市场变化中的持续战力,率先转变服务理念,紧紧围绕客户需求多样性的特点,以项目现场为中心,以技术难题为导向,以信息互联为载体,致力于解决产品交付终端问题,创造了产业数字化开创精准服务新模式。

2023-09-15 10:02:03

筑梦衢州廿一载,奋楫前行向未来。衢州虎山发展至今业绩突出,曾获得2022年新天山水泥先进企业、2020-2021年度中国混凝土行业优秀企业、中国建材集团颁发的技术革新技术开发类二等奖等荣誉。面对机遇与挑战并存的未来,衢州虎山仍将把高质量发展视为首要任务,不断提高竞争力,坚定向前。

2023-09-06 16:48:26

小编根据报告内容特整理海螺、天山、华润、华新、天瑞、山水六大企业关于对下半年的工作重点及计划。

2023-08-26 12:45:07

“今天的水泥工厂比五星级酒店还干净。”

2023-08-24 09:07:30

水泥行业面临着哪些挑战和困难?未来的主要任务又是哪些?肖家祥分享了他的看法。

2023-08-23 18:01:23

面对当前严峻的市场态势,节能降碳、控制成本成为各大企业的重点工作任务。

2023-08-09 09:46:15

加快建设世界一流材料产业投资集团,坚决扛起产业报国、材料强国的责任担当。

2023-07-28 11:07:37

“新老企业矛盾将加剧,未来市场竞争不可避免。”

2023-07-14 16:46:16

2023年6月30日,中材矿山池州中建材廊道项目隧道工程胜利贯通。

2023-07-03 15:09:22

超百家水泥企业已报名前来参会,报名仍在火热持续中

2023-07-03 09:38:39

多地水泥价格已跌回5月涨前水平。

2023-06-30 17:16:56

天山股份拟以现金27.18亿元增资方式收购宁夏建材集团股份有限公司,此次收购若成功将有效解决公司与宁夏建材在水泥板块相关业务的同业竞争问题

2023-06-28 11:34:09

天山股份(000877)6月27日晚间公告,公司拟以现金27.18亿元增资方式收购宁夏建材集团股份有限公司旗下整合了水泥等相关业务子公司控股权及商标等资产的宁夏赛马水泥有限公司51%的控股权。

2023-06-28 10:40:16

水泥行业纳入全国碳交易市场渐行渐近,那么行业应如何准备?

2023-06-27 09:24:16

5月17—18日,中国建材集团党委书记、董事长,中国建材股份党委书记、董事长周育先受邀参加在天津举行的第七届世界智能大会开幕式,并出席数字赋能制造峰会暨中材国际首届水泥绿色智能发展峰会。

2023-05-29 09:35:15

2022年全国水泥产量21.3亿吨,同比下降10.5%,需求不振下水泥价格高开低走,同时煤炭价格上涨导致水泥企业生产成本高企,行业利润惨遭“膝盖斩”,全年利润降幅近60%,水泥行业发展经历了较为困难的一年。

2023-05-26 09:33:35

他表示,海螺集团将进一步为中铁一局提供优质的产品和服务。希望双方在现有合作的基础上发挥各自优势,不断提升合作层次,拓宽合作领域,实现互惠共赢。

2023-05-23 10:32:40

截至5月初,中国建材累供应中铁四局水泥1093311吨,占中铁四局水泥供应总量的12.5%。

2023-05-13 10:00:52

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.