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Displaying items by tag: China

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Tajikistan increases production by 11%

20 January 2020

Tajikistan: Tajikistan produced 4.20Mt of cement in 2019; up by 11% from 3.80Mt in 2018. Cement exports in the period rose by 11% year-on-year to 1.55Mt from 1.40Mt. 2018’s exports amounted to 0.89Mt (64%) to Uzbekistan, 0.58Mt (41%) to Afghanistan and 0.08Mt (5.8%) to Krygyzstan. Asia-Plus News has reported that tightened pollution legislation in China has driven Chinese-based producers, which accounted for over 90% of Tajik production in 2018, to relocate operations to their country’s western neighbour.

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Sinoma International’s income remains stable in 2019

17 January 2020

China: Sinoma International’s income remained stable in 2019 at US$4.56bn. The number of new orders rose slightly to 142. By region, revenue from domestic markets grew by 57% year-on-year to US$2.02bn but overseas revenue fell by 21% to US$2.54bn. The equipment manufacturer and supplier said that a major project to build a 5000t/day clinker production line for Central African Cement in Zambia was still in the financing stage. The project has a value of US$480m.

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Shaanxi Xiangsheng launches 0.9Mt/yr Fergana integrated cement plant

15 January 2020

Uzbekistan: Chinese investors have announced the launch of a 0.9Mt/yr integrated cement plant in the Fergana region of Uzbekistan as a result of a total investment of US$113m. Trend News has reported that a second phase of work beginning in May 2020 will further increase the cement plant’s production capacity. This is one of five upcoming Chinese-owned integrated plants in Uzbekistan, with a shared capacity of 6.0Mt/yr.

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Huaxin Cement projects 18% - 28% year-on-year profit growth

10 January 2020

China: Preliminary calculations from Huaxin Cement’s financial division have projected a net profit attributable to shareholders for 2019 of between US$0.88bn and US$0.95bn – an increase of 18% - 28% year-on-year from US$0.74bn. The company attributed the forecasted rise to an increase in the production and sales scale of its leading products.

China Cement Association Information Centre deputy director and Digital Cement Network CEO Chen Bailin estimated that demand will remain steady across China in 2020, according to Yicai News.

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Iran records booming eight-month exports

06 January 2020

Iran: Cement producers in Iran reported growth of 22% year-on-year in exports of cement and clinker over the eight months between 21 March 2019 and 21 November 2019 to 11.4Mt from 9.34Mt. The Financial Tribune newspaper has reported that 37 countries received Iranian cement or clinker over the period. The leading importers of cement were Afghanistan, Uzbekistan, Pakistan, Kazakhstan and Russia. Clinker markets included Iraq, the UAE and China.

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New buyer signs Schwenk Namibia deal

06 January 2020

Namibia: China-based West China Cement concluded a sale and purchase agreement for Germany-based Schwenk Zement subsidiary Schwenk Namibia for US$104m on 3 January 2020. The Nambian newspaper has reported that the deal is awaiting clearance from authorities. Schwenk Namibia holds a 70% stake in Ohorongo Cement. Singaporean authorities stopped the sale of Schwenk Namibia to Singaporean-based International Cement Group (ICG) in September 2019 due to the latter’s inability to cover the losses of the Namibian company.

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Three cement plants shut down to protect lake in Yunnan

03 January 2020

China: Three cement plants in Dali, Yunnan province with a combined capacity of 5.0Mt/yr and belonging to Dali Cement (Group), Dali Hongshan Yunnan Cement and Hongta Dianxi Cement have ceased all functions except the packaging of existing cement in order to stop polluting the area of Erhai Lake. The shutdown was mandated by the City of Dali and Dali Economic Development Zone authorities in mid-2017. Xinhua Net newspaper has reported that the removal of kilns is underway and that demolition on all three sites will have been completed by 31 May 2020. The companies will be permitted to construct plants of corresponding capacities at allotted sites elsewhere.

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Hongshi-Shivam Cement produces substandard cement

02 January 2020

Nepal: Cement produced by Hongshi-Shivam cement, a joint venture of Shivam Group and China’s Hongshi Cement, failed to meet the mandated 30-minute initial setting window in tests conducted by the Nepal Bureau of Standards and Metrology (NBSM). Gulf Daily has reported that the NBSM will pursue legal action against the company.

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Ministry of Industry and Information Technology names Huaxin plant site of National Industrial Heritage

02 January 2020

China: The Ministry of Industry and Information Technology has included Huaxin’s former Huangshi integrated cement plant site on its third annual National Industrial Heritage (NIH) list. The site includes three wet kilns, a warehouse, a bagging facility, slurry tanks and stone dumps. 49 disused sites from various industries were listed for NIH status, which ensures state-funded preservation and protection from demolition, on 26 December 2019.

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Allied Minerals opens second Chinese refractory production plant

02 January 2020

China: Allied Minerals has commissioned a refractory production plant in Tianjin, 5km away from its existing plant in the city in Hebei province. Former Allied Minerals corporate vice president Tom Gibson explained: “We’ve built more than manufacturing plants and offices. We’ve built bridges.” The new plant will increase Allied Minerals’ supply of refractory products to cement producers in and around the city, which is located near the coast 100km from Beijing.

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