Energy Giant Sells 1.4G W PV Assets

The chief executive of CIMERWA, a Rwandan cement manufacturer, announced that the company plans to invest about $190 million to build a clinker plant, which is expected to operate within two years and produce 60,000 tons of clinker per month. After the plant is put into operation, it will save Rwanda about US $2.88 billion in foreign exchange expenditure in the next 25 years, and also enable the country to become a net exporter from a clinker importer. In the nine months ended June 30, 2025, the company's revenue increased by 50%, but its pre-tax profit decreased by 23%, mainly due to the increase in input costs and the depreciation of Lurang. The purpose of building the clinker plant is to solve the import dependence, meet the local demand and export. The company has confidence in its future development.

2025-10-16 14:20:16

Egypt plans to issue two new cement plant licenses by the end of the year, aiming to curb the rise in domestic cement prices and enhance the industry's ability to meet regional demand. The plan coincides with an expected surge in construction projects in Egypt and elsewhere. The local cement company agreed to release it after a meeting with the Minister of Industry. At present, the price of cement in the local market has risen sharply, with the ex-factory price soaring 47% to 4057 Egyptian pounds per ton this week compared with the same period last year. The two new plants are expected to increase production by 1.5 million to 2 million tons annually, and Egyptian cement demand is expected to increase from 47 million tons to 52 million tons by the end of 2025.

2025-10-16 13:04:42

According to foreign media reports, the United States Bureau of Land Management (BLM) has officially suspended the "Esmeralda 7" solar project, the reason for the suspension has not yet been announced. The project was expected to set a record and become the largest solar power facility in the United States.

2025-10-13 09:00:07

According to foreign media reports, on October 6, SMA Solar, a German solar inverter manufacturer, announced that by the end of 2026, it would lay off about 300 people in Germany and about 50 people in the international market.

2025-10-10 17:43:02

French energy giant Total Energies signed an agreement to sell 50% of its 1.4G W solar portfolio in North America to private equity firm KKR for $950 million, foreign media reported. Including debt, the deal is worth $1.25 billion.

2025-09-30 10:20:05

Jidong Equipment Co., Ltd. signed the main equipment supply contract for the new 3000 t/d cement production line project in Kyrgyzstan, covering five main equipment including raw material vertical mill, coal vertical mill, rotary kiln, grate cooler and cement final powder vertical mill, among which the new generation of high-efficiency grate cooler, a key scientific research achievement transformation project of BBMG Group, has achieved the "first order" overseas.

2025-09-28 09:56:41

Recently, the commencement ceremony of 100MW (Phase II) photovoltaic power generation project in Hanbei Town, Wuxiang County, Changzhi City, Shanxi Province, was solemnly held in Hanbei Phase I Photovoltaic Power Station, Wuxiang.

2025-09-20 15:02:21

On August 11, Brunei's Borneo Bulletin reported that the foundation laying ceremony of Brunei's 30 MW solar photovoltaic power plant was held, marking a new stage in the country's clean energy development. The vice minister of the Ministry of Finance and Economics presided over the meeting and senior government officials attended. The power station is located in the village of Belimbin, which is the largest solar energy project in Brunei at present. Developed by Seri Suria Power and built by Serikandi Solarvest. It is expected to be put into operation by the end of 2026, generating more than 64 million kilowatt-hours of electricity annually, which can meet the needs of 10000 households and reduce carbon by 41000 tons. As a key project to achieve the 2035 target, it will supply power, create jobs and help energy transformation.

2025-09-09 09:29:08

In the first half of 2025, CNBM achieved an operating income of 83.28 billion yuan, a slight decrease of 0.23%, basically the same as the same period last year; the net profit attributable to the parent company was 1.36 billion yuan, turning losses into profits by a large margin.

2025-09-09 09:18:27

What is happening in the cement industry?

2025-09-09 07:02:03

Recently, Ibrahim, Minister of Industry and Trade of Sierra Leone, accompanied by Ambassador to Asia and Director-General of the Ministry of Industry and Trade, visited Tianrui Cement in Dalian. Accompanied by Ding Junfeng, General Manager of Cement Group, Zhou Haitao, Director of Marketing Department, and Gao Yunhong, General Manager of Dalian Tianrui Cement.

2025-09-08 13:10:58

The cement sent to Laicheng will directly help the local infrastructure construction, become a link between "Fujian Manufacturing" and Papua New Guinea's development needs, and also a vivid practice for enterprises to respond to the "the Belt and Road" initiative and deepen international economic and trade cooperation.

2025-09-05 08:51:34

Recently, Ibrahim Sesay, Minister of Trade and Industry of the Republic of Sierra Leone, accompanied by Ambassador to China Abu Bakar Karim, visited Dalian Tianrui Cement. Accompanied by Ding Junfeng, General Manager of Tianrui Cement Group, Zhou Haitao, Director of Marketing Department, and Gao Yunhong, General Manager of Dalian Tianrui Cement.

2025-09-02 17:27:52

Following the successful export of Dongfang Hope Baotou Aluminum Fly Ash Aerated Blocks to Mongolia, Dongfang Hope Guyang Cement Products have also been successfully exported to Mongolia recently and completed the delivery and acceptance. This is the first time that the company's cement products have gone abroad, which fully reflects the recognition of the "Oriental Hope" cement brand in the international market. The company will take this opportunity to explore the surrounding port market, expand the cement sales area, enhance the market influence of products, and lay a solid foundation for the enterprise's globalization strategy.

2025-09-02 09:04:58

This export not only brings direct economic benefits to the group, but also accumulates foreign trade experience for the group and improves the brand market recognition.

2025-08-14 09:07:20

According to foreign media reports, the International Finance Corporation of the World Bank has approved a $250 million loan and investment for a polysilicon manufacturing project in Oman. According to sources, the executive directors of the United States on the board of directors of the International Finance Corporation opposed this, while the executive directors of Germany, the Netherlands and the Nordic countries chose to abstain from voting.

2025-08-11 18:01:26

Song Zhiping has been an enterprise for 40 years. During his tenure in China Building Materials Group and China Pharmaceutical Group, he has 18 years of experience as chairman of listed companies. He has turned from an "athlete" of listed companies to a "coach". He has served as chairman of China Association of Listed Companies for more than six years. He has investigated more than 500 listed companies and more than 100 non-listed companies. In recent years, he has integrated his observation and thinking of many enterprises, his experience of communicating with entrepreneurs, and his own experience of doing business, and has written the new book Hard Truth.

2025-08-05 13:03:44

Every cement enterprise should be positioned correctly to avoid disorderly competition of low quality and homogeneity. As the saying goes, "Striking iron needs to be rigid", improving the hard power of enterprises, improving the efficiency of resource utilization, improving product quality and improving service level are the absolute principles of sustainable development of enterprises, so as to truly grasp their own destiny in the changing tide of the market.

2025-07-31 10:28:18

ACWA Power has announced plans to spend billions of dollars to build a second green hydrogen plant in Yanbu, Saudi Arabia. It is reported that the plant will have 4G W electrolysis capacity, using wind and solar energy to decompose water molecules, and can produce 400000 tons of green hydrogen annually. This hydrogen will then be converted into green ammonia specifically for global export.

2025-07-31 10:07:30

In the process of going to sea, domestic cement enterprises should fully recognize the advantages and disadvantages of different ways of going to sea, adjust measures to local conditions, and formulate strategic plans suitable for their own development. At the same time, enterprises need to pay close attention to the international market dynamics, strengthen risk management, and constantly enhance their core competitiveness in order to gain a firm foothold in the overseas market and achieve sustainable development.

2025-07-30 09:31:39

According to the statistics of China Cement Network Big Data Research Institute, from 2015 to 2025, eight anti-dumping cases were launched worldwide, and countries are increasingly inclined to adopt trade restrictions to protect their domestic industries from what they consider unfair competition..

2025-07-29 09:24:45

Recently, ARTEMISSIO, loaded with "Runfeng" clinker, slowly left Dongguan Port International Container Terminal and officially went to Africa, marking the successful completion of the first clinker export business of Huarun Building Material Science and Technology South China Region (hereinafter referred to as South China Region) (the same as the first clinker export business of Huarun Building Material Science and Technology). It took only 15 days from contacting customers'needs to realizing product delivery, which created the speed of Huarun Building Materials Technology for international business development.

2025-07-09 10:49:50

On June 25, the first batch of cement products traded with Russia by Jinyu Jidong Cement Shuangyashan Company completed the last quality inspection on the intelligent production line and were formally packed and delivered. As a new enterprise of Jinyu Group, this product offline not only marks the landing of the enterprise's internationalization strategy, but also injects new momentum into the cooperation between China and Russia in the Far East with the "quality of state-owned enterprises + location advantages", which has taken a solid step in the international market expansion.

2025-06-27 09:25:35

At 11:30 a.m. on June 20, with the sound of a gun salute, the P.O42.5 (ordinary Portland cement) cement products produced by the Xizang Gaozheng sailed to the China-aided Nepal Sala Highway Rehabilitation and Improvement Project. This marks that Xizang's high-contention cement business has formally entered the international market, achieved a "zero breakthrough" in export trade, and has taken a key step for the healthy and sustainable development of Xizang's high-contention.

2025-06-23 09:24:22

Spanish grid operator REE earlier this week blamed Spain's local solar company Iberdrola's Núñez de Balboa 500 MW solar power plant for causing a power outage in Spain on April 28, local media reported.

2025-06-20 15:00:10

Cement prices in Kenya have stabilized over the past six months, with about 750 shillings for 50 kg of bagged cement in Nairobi. Prices soared in April 2022 due to rising costs such as coal. Prices of major brands vary. In 2024, the import volume and value of clinker decreased significantly, the production and consumption of cement also decreased, and the growth of the construction industry contracted. Cement production in the first quarter of 2025 increased year on year. Despite price stability, the industry is still facing challenges such as raw material costs, demand changes and a slowdown in the construction industry.

2025-06-19 11:56:02

In the future, we will customize the solutions of alternative fuel coverage system for basic building materials and new material factories, accelerate the building of the group's alternative fuel industry chain platform, build an integrated business system of alternative fuel "collection, storage, manufacture, transportation and utilization", and process hazardous waste, domestic waste, waste textiles and other resources into alternative fuels for cement and other industries. To achieve resource recycling and green low-carbon development.

2025-06-17 11:05:46

Iterative update of cement equipment. With the deepening of supply-side reform in the domestic cement industry, the industry is now in a structural transformation period of improving quality and efficiency, green and intelligent. Energy-saving and consumption-reducing transformation from the stock market and low-carbon equipment renewal and replacement will occupy a larger proportion of demand. On March 26, the Ministry of Ecology and Environment released the latest "Work Program for the National Carbon Emission Trading Market Covering Steel, Cement and Aluminum Smelting Industries", and the incorporation of cement into the national carbon emission trading market formally entered the implementation stage, which is expected to catalyze a certain demand for cement equipment.

2025-06-17 11:00:20

In 2024, the company mistook the global market, consolidated the advantages of technical equipment, strengthened business collaboration and internal resource sharing, expanded the increment, optimized the stock, grasped the variables and strengthened the quality, vigorously promoted the global marke t expansion and business model innovation, and successfully acquired 19 overseas cement lines in 15 countries, including Saudi Arabia, the Philippines, Iraq, Czech Republic and Canada. As well as new energy projects such as MASS photovoltaic power generation in Iraq, the newly signed contracts in the Middle East, Africa, South Asia, Southeast Asia and Europe account for nearly 90% of the total overseas contracts. The value of newly signed overseas contracts was 36.2 billion yuan, an increase of 9% over the same period last year; the overseas revenue was 22.3 billion yuan, an increase of 9% over the same period last year

2025-06-17 10:34:55

Cement is the basic material of the construction industry, and its trade is an important indicator of regional economic construction and industrial development. As an important economic region, the cement trade data of EU is of great significance, which can reflect the dynamic changes of internal market demand, production capacity and international trade relations. By studying the EU cement trade data, we can deeply understand the EU's economic situation, industrial development trend and trade in the international market in the field of construction.

2025-06-16 13:38:30

In 2024, the cement output of Tanzania will reach 10,929,567,600 tons, the domestic demand will be about 8.5 million tons, the surplus will be 2,429,567,600 tons, and about 22.2% of the surplus will be exported to neighboring countries. Companies such as Dangote are major players in exports, earning foreign exchange for the country and increasing its influence. The cement industry also creates 12500 jobs (including direct and indirect jobs), covering many links, providing income sources for residents, and promoting social and economic prosperity and national economic growth.

2025-06-11 11:03:01

The crisis in Bolivia's construction industry is becoming increasingly severe, mainly due to the sharp rise in the price of construction materials. This greatly increases the cost of construction and is detrimental to construction workers. Prices of important building materials have been rising in the past few months, with some tripling. The underlying reasons are closely related to the rising black market price of the US dollar and the shortage of fuel.

2025-06-04 10:56:00

Zhou Yuxian said in his speech that at present, China's cement industry is facing many challenges, such as overcapacity, insufficient demand and declining efficiency. The industry has entered a very critical stage of transformation and development. The total profit of the domestic cement industry in 2024 is less than 30 billion yuan, which is a huge gap compared with the data disclosed in the annual reports of foreign counterparts. Faced with the severe situation of the development of the industry, all members of the new Council will, in accordance with the excellent working style of the previous councils of the association, hold high the banner of the idea that the interests of the industry are higher than those of the enterprise, and that the interests of the enterprise are bred in the interests of the industry, continue to play a leading, coordinating and serving role, and unite the enterprises of the industry to take the initiative.

2025-05-14 18:49:56

In Li Kunming's view, with the strengthening of self-discipline and off-peak production of cement enterprises, it is expected that the market will return to normalization in 2025, and the fluctuation space will be narrowed, showing the operation characteristics of "rising with a top and falling with a limit".

2025-04-18 10:47:57

Facing the new development trend of the domestic cement industry, the company has accelerated the pace of structural adjustment, transformation and upgrading, and international development, and actively responded to the national "going out" call for Sinoma Cement as the company's overseas investment and operation platform. At present, it has a total cement production capacity of 2 million tons, clinker production capacity of 1.55 million tons, commercial mixing production capacity of 200,000 cubic meters, aggregate production capacity of 2 million tons and sintered brick production capacity of 60 million pieces in Zambia, Nigeria and Mongolia. In 2024, the company's international business continued to maintain a profitable trend, with increased sales and profits.

2025-04-14 16:34:32

On the basis of the sharp decline in demand in the second half of last year, the company expects that demand will continue to decline in the first half of 2025 due to insufficient rolling of stock projects and the reduction of new start-up projects. However, as the country continues to push the real estate market to stop falling and stabilize, and the capital situation is expected to improve, some infrastructure projects have been launched, and the demand decline is expected to gradually narrow in the second half of the year.

2025-04-09 10:16:20

In 2025, the overall weak pattern of the industry will continue. Under the environment of coexistence of opportunities and challenges, overseas market development will continue to be an important direction for cement enterprises in the new year.

2025-02-25 09:52:43

When the cycle goes up, we can go faster, and when the cycle goes down and the pressure is high, we should go steadily. The steady operation of an enterprise is to make as few mistakes as possible, not to make mistakes, not to be defeated first and then to win; to plant one mu of land well, and learn to create a small environment and climate suitable for the enterprise itself. "Stability" creates conditions for "progress", and "progress" contributes to the long-term "stability" of enterprises, which is a dialectical relationship.

2025-01-02 09:22:44

In this context, the 26th International Cement Technology and Equipment Exhibition will become an important platform to promote industry innovation, bringing together the world's top suppliers, displaying cutting-edge technology and equipment, and many conference activities will be carried out simultaneously during the exhibition, building a one-stop communication bridge for exhibitors and professional audiences, not only promoting domestic brands. It also helps overseas brands to enter China, thus building a more diversified and specialized global cement industry exchange platform.

2024-12-27 09:27:20

As soon as the news came out, people in the industry and the financial market reacted strongly. Such a large-scale repurchase and cancellation of shares is not common in the field of building materials and even in the whole market. What kind of signal does China's building materials release to the market? The author will focus on the following points.

2024-12-13 09:46:22

ICRA believes that due to the slowdown of construction activities during the general election in the first quarter of fiscal year 2025 and the impact of strong monsoon rains in the second quarter on the growth of cement production in India, which is slower than expected, it has slightly revised its forecast for the growth of cement production in fiscal year 2025 from 7-8% released in July 2024 to 4-5%..

2024-12-09 16:01:22

In early November 2024, the customs authorities of Uzbekistan raised the customs clearance fee for imported cement from Tajikistan from $35 per ton to $300 per ton.

2024-11-29 15:03:46

The braking of public works has led to a severe recession in the construction industry, and cement, as a basic building material, has suffered from it. According to the latest data from the Argentine Cement Association AFCP, Argentina's cement consumption in October 2024 was 901,000 tons, down 19.9% year-on-year, and the cumulative cement consumption in January-October was 7.865 million tons, down 26.3% year-on-year.

2024-11-18 14:32:17

Recently, in order to fully understand the EU's new green policies such as carbon tariffs and help the company's international operation and development, Sinoma Cement held a special lecture on "EU Carbon Border Adjustment Mechanism (CBAM)". Rong Yakun, general secretary of the Party branch and president of the company, presided over the special lecture and delivered a speech. More than 30 people from the Investment Development Department and Operation Management Department of the company headquarters, relevant member enterprises and overseas project teams attended the special lecture. The company's foreign senior consultant, Ke Ruisi (Christopher Paul Harker), gave lectures.

2024-11-13 16:24:23

According to the statistics of Pakistan Cement Manufacturers Association, in October 2024, Pakistan's domestic cement sales volume was 3.276 million tons, a slight decrease of 0.49% compared with 3.292 million tons in October 2023. The slowdown of domestic private sector construction industry led to the stagnation of cement demand in Pakistan's domestic market, but the export increased by 51.29%.

2024-11-05 15:40:06

Nowadays, with the rise of local enterprises, such as Ningbo Yiyu Environmental Protection Co., Ltd. and other high-tech enterprises, relying on their professional R & D and production capacity in the field of dust removal products and pneumatic components, they provide cement plants with reliable and cost-effective localization alternatives.

2024-11-05 13:54:53

At 9:58 on November 1, a truck loaded with 53.5 tons of glue powder, with a long whistle, slowly left the north of Baicheng in the morning light and headed for Mongolia! This is the first time that Northern Cement and Changsha Mining Research Institute of China Minmetals have joined forces to produce glue powder independently and successfully with the help of the "the Belt and Road" Dongfeng, and the first order has been shipped to Mongolia. It marks that Northern Cement has thoroughly implemented the spirit of the Third Plenary Session of the Twentieth Central Committee of the Communist Party of China, actively practiced the "the Belt and Road" initiative, centered on the strategic goal of internationalization of China Building Material Group, vigorously exploited the international market, entered the ranks of foreign trade business, and enhanced its core competitiveness.

2024-11-05 10:58:48

Kyrgyzstan is setting off a construction boom, driving the development of the cement industry. According to the data of the National Bureau of Statistics of Kyrgyzstan, from January to August 2024, the cement output of Kyrgyzstan was 2.058 million tons, an increase of 1% over the same period last year.

2024-10-21 16:45:45

What is happening in the cement industry?

2024-10-21 07:01:25

According to the data of Bolivia's National Bureau of Statistics (INE), in August 2024, Bolivia's cement production was 2.638 million tons, an increase of 4.4% over the same period last year, and cement sales and consumption were 2.607 million tons, an increase of 2.7% over the same period last year, both of which reached a record high..

2024-10-16 11:52:04