of November 9, accompanied by the loud sound of firecrackers, the 4500t/d project of Chifeng Shanshui yuanhang Cement Co., Ltd. ushered in another nodal construction, and the cement depot was successfully capped. The successful completion of
this civil construction marks that the project progress of Chifeng Company has ushered in a decisive moment, laying a solid foundation for the later relocation of cement mills.
According to previous reports, Chifeng Shanshui yuanhang Cement Project with a daily output of 4500 tons of cement clinker is expected to be completed and commissioned in October 2024. After the completion of the project, the daily output of cement clinker will be 4500 tons, and the annual production capacity of cement grinding will be 2 million tons. Since
this year, the cement industry has been under unprecedented pressure, the overall profits of the industry have continued to decline, and the survival and development of small and medium-sized enterprises have been severely challenged.
By the end of October 2024, 10 new clinker production lines had been put into operation, involving a total production capacity of 13.5 million tons, with a significant year-on-year decline, and the total clinker production capacity was about 1.76 billion tons.
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 demand period, and it is expected that the contradiction between excess capacity will continue to intensify.
Figure: Clinker Capacity Utilization Rate Reaches a New Low
Data Source: Cement Big Data (https://data.ccement.com/)
