Cement Net Exclusive: Cement Enterprises Need to Be Cautious to "Avoid Risks" When Going to Sea!

2024-08-02 14:23:44

Face more political, economic and security risks.

Recently, it was reported that the Myanmar Conch (Mandalay) cement plant was captured by the armed forces. Faced with the turbulent world, Chinese cement enterprises need to strengthen their awareness of safety risks and safeguard their overseas rights and interests. It is the general trend for

China's cement industry to accelerate its advanced production capacity to "go to sea". In recent years, more and more cement enterprises aim at overseas strategy and actively explore overseas markets. At present, most domestic enterprises choose to carry out market layout in developing countries, mainly in Africa, Southeast Asia and Central Asia. While facing more opportunities, they also need to face more political, economic and security risks.

Turbulence remains the key word for global risk. Li Yeqing, president of Huaxin Cement , has said that the overseas development of the cement industry is full of risks, and enterprises should invest cautiously. Ma Weiping, former chairman and President

of Yaobai Cement Group, also pointed out that Chinese cement enterprises should pay special attention to safety issues and invest abroad prudently.

Data show that on February 15, 2006, six Chinese engineers and technicians in a cement plant jointly built by China and Pakistan were attacked by terrorists, killing two Chinese engineers and seriously injuring one. In January 2012, 25 Chinese workers from Tianjin Cement Design Institute in China were detained by Bedouins in Egypt and later released.

Recently, armed conflict broke out in the Democratic Republic of Congo (DRC) where several Chinese-funded cement enterprises were located, and a Chinese-funded private enterprise in the Democratic Republic of Congo (DRC) was attacked by armed forces, resulting in the death and disappearance of several Chinese citizens.

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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.