China's cement enterprises continue to increase the global layout

2024-05-18 22:11:49

The theme of the conference was "Industry Trend and Strategic Response", and the participants had in-depth exchanges on the opportunities and challenges of the global cement industry, carbon emission reduction and the impact of carbon trading on the industry.

In recent years, the pace of "going out" of China's cement enterprises has been accelerating, and the global investment layout has been continuously increased. According to the statistics of Cement Big Data Research Institute of China Cement Network, the overseas clinker production capacity of domestic cement enterprises expanded to 64.65 million tons in 2023, an increase of 35% over the same period last year. By the end of March this year, Chinese enterprises had built 54 cement plants in 21 countries.

On May 18, the 2024 Annual Conference of the World Cement Association opened in Nanjing. This is the information that the reporter learned at the meeting.

"Over the past 10 years, China's cement industry has continued to promote the transformation of digitalization, intellectualization and greening, and has made great efforts to achieve parallel or even lead in technology, equipment and management." Wei Rushan, chairman of the World Cement Association and deputy general manager of China Building Materials Group Co., Ltd., said in an interview that cement is an important basic raw material for national economic construction, and the advanced production capacity of China's cement industry has accelerated "going to sea", which is conducive to enhancing the vitality of the world economy and industry and promoting global infrastructure construction. The 2024 Annual Conference of

the World Cement Association opened in Nanjing on May 18. Photographed

by Xinhua News Agency reporter Wang Xi, China's cement output in 2023 was 2.023 billion tons, accounting for about half of the global output. Li En Riley, CEO of the World Cement Association, believes that China has played an important role in the development of the global cement industry, especially in the green and low-carbon transformation of Chinese enterprises. In his view, the "going to sea" of Chinese cement enterprises not only brings advanced technology and equipment to less developed countries, but also introduces perfect enterprise management and operation experience to help the local achieve sustainable green development.

At present, the complexity and uncertainty of the environment at home and abroad are relatively high. For domestic cement enterprises to speed up "going to sea", many people in the industry put forward suggestions at the conference. Zheng Jianhui, chief analyst of China Cement Network Cement Big Data Research Institute, said that enterprises "going out" should focus on practicing internal skills, enhancing core competitiveness, and strengthening cooperation with enterprises in investment destination countries to integrate into the local market as far as possible.

The World Cement Association is a global non-profit organization representing the cement industry and its stakeholders. The theme of the conference was "Industry Trend and Strategic Response", and the participants had in-depth exchanges on the opportunities and challenges of the global cement industry, carbon emission reduction and the impact of carbon trading on the industry.

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