China profits from building materials sector

China profits from building materials sector
11 January 2008

The profit of China’s construction material industry will hit ¥65bn (US$8.9bn for year 2007, up 29 per cent from a year ago, according to the latest report published by the country’s top economic planner, the National Development and Reform Commission (NDRC).

In a breakdown of 2007, China’s cement output reached 1.38bnt, flat glass output reached 530m weight cases, sanitary ceramics reached 110m pieces, and building ceramics reached 3.5bnm2.

The NDRC report shows that the industry realized major technological advances in the past year, with the adoption of domestic equipment in 10,000tpd dry-process cement production lines, 900tpd float glass-melting lines, and 200tpd ultra-thin glass production lines.

Product mix was also optimized. The report shows that over 800 dry-process cement production lines have adopted domestic new production techniques, and cement produced with these lines made up more than 55 per cent of the country’s total cement output.

2007 saw the country annihilate 48.28Mt of outdated cement clinker capacity and 80Mt of backward cement production capacity, resulting in a considerable drop in energy consumption for the segment. In 2007, unit energy consumption for cement production decreased 4kg to 138kg of standard coal.
Published under Cement News