Cement network exclusive: sales of a brother! Conch Cement sold more than 20 million tons of Tianshan shares in the first half of the year.

2024-09-06 13:11:58

According to the data, in the first half of 2024, Tianshan sold 94.44 million tons of cement, down 11.68% year on year; sold 11.59 million tons of clinker, down 21.30% year on year; and sold 106 million tons of cement and clinker. Looking at Conch Cement, in the first half of 2024, the total net sales volume of cement and clinker was 128 million tons, representing a year-on-year decrease of 4.94%; the sales volume of cement clinker products was 126 million tons, representing a year-on-year decrease of 3.35%.

The semi-annual report shows that in the first half of 2024, Tianshan sold 94.44 million tons of cement, down 11.68% year on year; sold 11.59 million tons of clinker , down 21.30% year on year; and sold 106 million tons of cement and clinker.

Looking at Conch Cement , in the first half of 2024, the total net sales volume of cement and clinker was 128 million tons, representing a year-on-year decrease of 4.94%; the sales volume of cement clinker products was 126 million tons, representing a year-on-year decrease of 3.35%. The sales volume

of Conch Cement's cement clinker products exceeded the total sales volume of Tianshan Cement and clinker by 20 million tons. Based

on the whole country (excluding the overseas part), in the first half of 2024, the share of Conch Cement was 12.51%, which was 0.55 percentage points higher than last year.

(Note: The market share of Conch Cement is based on the whole country, and the sales volume of cement in the table has excluded the overseas part)

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Correlation

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.