Displaying items by tag: China
Uzbekistan: China’s Anhui Conch has met with representatives of the Umar Corporation to discuss building a 2Mt/yr cement plant in Samarkand. Delegates from Anhui Conch visited proposed sites to build the unit in late March 2017, according to the Nezavisimaya Gazeta newspaper. Representatives from Umar plan to visit China in April 2017 to complete the negotiations. The expansion plans by the Chinese cement producer are part of its country’s government-sponsored plans to expand its industries internationally.
China: China National Building Material Company’s (CNBM) sales revenue rose by 1% year-on-year to US$14.8bn in 2016 from US$14.6bn in 2015. Its profit rose by 1% to US$410m from US$406m. The group’s sales of cement and clinker grew by 4.2% to 291Mt in 2016. Despite earlier reporting falls in operating revenue and profit of over 5% for the first nine months of 2016 the cement producer attributed the turnaround to production efficiencies and adherence to state-mandated supply-side reforms. It added that despite a ‘grim’ national economy the cement sector underwent a ‘weak’ recovery as reforms kicked in leading to growth in cement prices.
China: Anhui Conch returned to rising sales revenue and profit in 2016 after a problematic year in 2015 beset by a poor market for cement. Its revenue rose by 9.7% year-on-year to US$8.12bn in 2016 from US$7.40bn in 2015. Its sales volumes of cement and clinker rose by 8% to 277Mt. Its net profit rose by 14% to US$1.24bn from US$1.09bn. The group says that its adoption of a flexible marketing strategy for different regions and plants and a focus on lowering production costs delivered sales growth and operating savings. However, its full year results are in contrast to its ones for the first nine months of 2016, in which it reported small declines in its revenue and net profit.
During the year the cement producer finished building six clinker production lines at Yingjiangyunhan Cement and Yiyang Conch Cement and it completed 18 cement grinding plants at Wenshan Conch Cement and Ganzhou Conch Cement. In addition to purchased the assets of Anhui Chaodong Cement. Outside of China the group completed lines in Indonesia and Myanmar, started buildings projects in Indonesia, Cambodia and Laos and started early work on new projects in Russia and Myanmar. At the end of 2016 the group says it has a clinker and cement production capacity of 244Mt/yr and 313Mt/yr respectively. It also reported that it had completed 15 waste treatment projects by the end of the year to feed cement plant kilns with domestic waste.
China: Huaxin Cement’s sales revenue rose by 1.9% to US$1.96bn in 2016 from US$1.93bn in 2015. Its cement and clinker sales rose by 5% to 52.7Mt and its net profit rose sharply to US$65.6m from US$14.9m. It attributed its result to following government-promoted supply side reforms such as cutting production costs. The cement producer noted that its had increased its usage of alternative fuels in the second half of the year following an increase in the cost of coal.
During the reporting period Huaxin Cement put its 3000t/day Tajikistan Sughd clinker production line into operation. It also purchased 15 cement plants from LafargeHolcim, including four grinding plants, located in Yunnan, Chongqing and Guizhou provinces. Altogether the new cement and clinker production capacity is expected to reach 10Mt and 15Mt respectively. The company also added that it had 25 alternative fuels co-processing projects operating or under construction with a capacity of 5Mt/yr.
Austria: Starlinger is targeting its Ad*Star block bottom valve sacks for the Chinese market based on their environmental performance. The packaging manufacturer says that a recent life cycle analysis study compared Ad*Star cement sacks favourable against cement sacks from sewn sacks made of recycled woven polypropylene tape fabric from China and paper sacks from Saudi Arabia. Starlinger also hopes that widespread adoption of its products in China would aid the automation of the entire chain of cement filling and transport processes, further modernising the sector. The company is preparing to exhibit at a Chinese plastic and rubber exhibition in May 2017.
China: Four workers have died when the roof of a shed collapsed at the Zhongda cement plant in Zhangzhou, Fujian Province. Three workers died at the scene and another died in hospital, according to the Xinhua News Agency. An investigation is currently underway.
China: Finland’s Enersize has signed a deal to provide its system for measurements and efficiency analysis of energy usage in industrial compressed air systems to the BBMG Liulihe Cement Plant. Installation of the system will start in the second quarter of 2017 and potential savings will follow after measurement data has been collected.
“BBMG fits this profile perfectly with many plants all over China and we are happy that we now have secured a first project with them,“ said Sami Mykkänen, the chief executive officer of Enersize.
Ethiopia: Representatives of the Ethiopian and Chinese cement industries have signed a memorandum of understanding at the 2017 Ethio-China Cement Forum. Industry Minister Alemu Sime said that the forum was ‘vital’ to bring Chinese skills and experience into the local industry, according to the Ethiopian Herald newspaper. Representatives from the Chinese Cement Association, the Ethiopian Cement Association and local producers were in attendance.
China: The National Development and Reform Commission (NDRC) is considering aiming for a 10% cut in cement production. The Chinese state planning body announced on 6 March 2017 that it is pushing to cut production capacity in a number of industries including coal, steel and cement, according to the Nikkei Asian Review. Some sources place Chinese cement production capacity at up to 3.5Bnt/yr and 30% of this is believed to be surplus. The commission intends to cut production capacity through market control and legislation. The change in policy from the NDRC coincides with the third consecutive year that China’s annual target for real economic growth has been lowered.
China: China National Building Material Company (CNBM) has entered into an agreement with the Bank of Communications for finance of around US$1.43bn in the form of direct loans, debt-to-equity conversion and/or capital injection into members of the group. The finance will be used to improve the group’s asset-debt structure, improve production operations and pay for upgrades.