China 2007 cement output to Hit 1.4bn tons

China 2007 cement output to Hit 1.4bn tons
Published: 28 November 2007

China’s cement output is expected to hit 1.4bn tons for the 2007 full year, up 14% YoY, said Kong Xiangzhong, secretary general of the China Cement Association.

The cement industry’s profit in 2007 is predicted to reach CNY 20 billion and sales profit margin is to approach that in 2004. And there are widely acquisitions, merges, and reshuffles in related state-owned companies under the administration of State-owned Assets Supervision and Administration Commission of the State Council, China’s cabinet, and local companies this year.