12.11 Cement Morning Post: Completion of Taiwan Cement Hangzhou Gongliang Building; Shandong releases important documents: industrial upgrading, etc.; Conch Cement ranks second in global production capacity

2024-12-11 07:01:25

What is happening in the cement industry?

1.

6, Cement Net Comments: Jidong Acquires Shuangyashan Cement, Will Industry Mergers and Acquisitions Speed Up? In the cold winter of the cement industry in the past two years, there are few cases of mergers and acquisitions. The significance of this acquisition is threefold: firstly, the terminal control of Jidong Cement in Heilongjiang will be significantly enhanced, and the regional merger and reorganization will take substantial steps; secondly, the key profit areas will be expanded, and the operating efficiency of Shuangyashan Cement will be good; thirdly, the current industry concentration will be stagnant, and with the reduction of market capacity, this acquisition may speed up market integration and optimize the competition pattern of the industry.

8, < a href = "https://www.ccement.com/news/content/43814685799255001." China's building materials ranked first with 518 million tons of production capacity. In 2023, the total global demand for cement contracted, but the capacity of the industry giants expanded, and the total capacity of the top 100 enterprises reached 41. China has 42 enterprises on the list, accounting for more than 50% of the total capacity; India has 15 enterprises on the list, with a total capacity of nearly 500 million tons, accounting for 12%.

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Correlation

CEMPI

127.32

-0.45 -0.35%

CONCPI

100.56

+0.07 +0.07%

CLKPI

128.08

+0.13 +0.10%

SPPI

49.40

+0.68 +1.40%

MORPI

77.98

-0.49 -0.62%

4.2 Cement Morning Post: Liaoning Cement Price Drops Sharply; Sinoma Cement Tunisia Project is Delivered; CNBM 2024 Performance Conference

What is happening in the cement industry?