Notice! Complementary capacity index of multiple cement clinker production lines

2024-09-13 09:42:45

At present, the cement industry is facing a huge challenge of intensified contradiction between supply and demand and overcapacity. In addition, in recent years, the state has resolutely curbed the blind development of the "two high" projects, and severely investigated and dealt with the problems existing in the "two high" projects. In the future, the cement industry needs to speed up the withdrawal of inefficient production capacity, strictly prohibit new production capacity, and continue to deepen structural adjustment in order to achieve high-quality and green development.

On September 11, Zhejiang Provincial Department of Economy and Information Technology issued the Notice of Supplementary Capacity Replacement Scheme of Jiande Southern Cement Co., Ltd. of Hangzhou Shanya Southern Cement Co., Ltd.

According to the announcement, Hangzhou Shanya Southern Cement Co., Ltd. and Jiande Southern Cement Co., Ltd. need to supplement production capacity of 1000t/d respectively, and the replacement ratio is 2:1. Withdrawal capacity is 2500t/d of Tonglu Southern Cement Co., Ltd.

In recent years, some provincial offices of industry and information technology have issued a number of replacement and supplementary schemes for capacity indicators. It involves many enterprises such as conch and Tianshan.

On September 10, the Xinjiang Office of Industry and Information Technology announced the "Burqin Tianshan Cement Co., Ltd. The capacity replacement project of the 2500t/d new dry process cement clinker production line of Burqin Tianshan Cement Co., Ltd. has a supplementary capacity of 500t/d, with a replacement ratio of 2:1.

On September 9, the Economic and Credit Office of the Xizang issued the Announcement on the Replacement Scheme of 150000 Tons of Cement Clinker Capacity of Basu Conch Cement Co., Ltd., which said that Basu Conch Cement Co., Ltd. intends to supplement 150000 tons of cement clinker capacity by reducing replacement. The project has a capacity of 2500t/d, and 500t/d capacity is replaced and supplemented.

On September 2, the Xinjiang Office of Industry and Information Technology issued the "Announcement of Capacity Replacement Scheme for Construction Projects of Xinjiang Bohai Cement Co., Ltd.". The replacement plan table shows that Shawan Tianshan Cement Co., Ltd. transfers 1000t/d clinker production capacity for the replacement project of 5500t/d cement clinker production line of Xinjiang Bohai Cement Co., Ltd. to supplement 500t/d production capacity.

Fujian Yongding Xingxin Cement Co., Ltd. supplements 1000t/d production capacity and replaces Jining Shanshui Cement 2000t/d production capacity to complete 6000t/d project; Jixi Sailong Cement supplements 1125t/d production capacity and replaces Donga Shanshui Dongchang Cement 2500t/d production capacity across provinces.

According to statistics, these projects are "batch of small and large", the actual approved capacity is greater than record capacity, and the replacement ratio in the supplementary capacity scheme is the top grid 2:1. From this point of view, the competent authorities have indeed increased the investigation and punishment of illegal projects.

At present, the cement industry is facing a huge challenge of intensified contradiction between supply and demand and overcapacity. In addition, in recent years, the state has resolutely curbed the blind development of the "two high" projects, and severely investigated and dealt with the problems existing in the "two high" projects. In the future, the cement industry needs to speed up the withdrawal of inefficient production capacity, strictly prohibit new production capacity, and continue to deepen structural adjustment in order to achieve high-quality and green development.

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Correlation

On November 21, the Western Construction (002302) issued a prospectus for issuing stocks to specific targets in 2021. The company plans to introduce Conch Cement as a strategic investor through this issue, and Conch Cement will subscribe for 183 million shares, accounting for 12.48% of the total equity after the issue, becoming the second largest shareholder. The purpose of this issue is to optimize the capital structure, supplement liquidity and repay bank loans, which is expected to bring the company an annual increase of 8.85 billion yuan in operating income and a total profit of 708 million yuan, up 38.71% and 78.23% respectively from 2023.