China releases restructuring plan for cement industry

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China: China's 12 ministries, including the Ministry of Industry and Information Technology, released a joint restructure plan on 22 January 2013 to promote efficiency in the cement industry.

Under the plan, China's top 10 cement manufacturing enterprises will account for 35% of industrial concentration by 2015. The plan calls for three to four leading cement clinker producers to have a capacity of 100Mt/yr by 2015.

In addition, China will encourage cross-regional and cross-ownership mergers and acquisitions among its major cement manufacturers.

Last modified on 23 January 2013


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