The 2500t/d clinker production line of Shanshui Cement will be withdrawn and sold to Fujian

2024-07-25 10:24:58

According to the announcement, Fujian Yongding Xingxin Cement Co., Ltd. intends to build a 6000 t/d cement clinker construction project (with 9 MW waste heat power generation) in Lianzhong Village, Longtan Town, Yongding District, Longyan City, Fujian Province.

On July 23, the Shandong Provincial Department of Industry and Information Technology issued the Announcement on the Capacity Transfer Scheme of Jining Shanshui Cement Co., Ltd.

According to the announcement, Fujian Yongding Xingxin Cement Co., Ltd. plans to build a 6000t/d cement clinker construction project (with 9MW waste heat power generation) in Lianzhong Village, Longtan Town, Yongding District, Longyan City, Fujian Province, with a replacement ratio of 2: It is planned to be put into operation on November 15, 2024. One φ4.0 × 60m rotary kiln of Jining Shanshui Cement Co., Ltd. with a capacity of 2000t/d (another 500t/d is used for the replacement capacity of other projects) is used for the replacement capacity of this project, and it is planned to be dismantled and withdrawn on November 15, 2024.

According to the list of cement clinker production lines in Fujian Province in 2023 published by Fujian Provincial Department of Industry and Information Technology, the production line of Fujian Yongding Xingxin Cement Co., Ltd. was completed in May 2021, with a record capacity of 5000t/d and an actual capacity of 6000t/d.

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Correlation

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.