Cement News tagged under: China

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Sinoma Overseas Development completes SCR project

27 May 2022, Published under Cement News

Sinoma Overseas Development’s selective catalytic reduction ( SCR) denitrification project with Lanfeng No2 cement production line in Sichuan, China, has been successfully completed.   This ultra-low emission renovation project for air pollutants of cement kiln contracted by Sinoma Overseas passed the performance test before being transferred to the owner, with all indicators reaching Chinese A-level standards and outperforming the agreed in the contract.   The project adop...

Chinese cement production drops 12%

05 May 2022, Published under Cement News

China’s cement production in the opening quarter of 2022 has fallen by 12.1 per cent YoY, according to Fitch Ratings. This is being attributed to ongoing lockdowns due to the pandemic, which is curbing production of basic materials including steel that has seen a 10.5 per cent drop in production over the same period. The country is also seeing subdued construction activity as the property sector remains weak and high input costs continue to inflate product prices, such as cement, steel an...

China at a crossroads

20 April 2022, Published under Cement News

China’s cement industry stands at a crossroads as the country embarks on its 14th Five-Year Plan (2021-25) and the country confirms its goal for peak carbon by 2030 and carbon neutrality by 2060. Restructuring efforts continue to transform the cement sector and the industry is now setting its sights on ‘double-carbon’ ambitions and actions. By Fei Chen and Bailin Chen, China Cement Association. China’s cement sector is at a crossroads as the country aims for peak carbon by 2030 and ca...

Anhui Conch reports drop in profit in 2021

28 March 2022, Published under Cement News

China-based Anhui Conch saw its profit slip to CNY33.3bn (US$5.2bn) in 2021 when compared with CNY35.19bn in the previous year, according to Dow Jones Newswires. The company’s revenue in 2021 declined to CNY167.95bn, down from CNY176.29bn in 2020, as market demand softened. Anhui Conch said it expects to continue to face low market demand this year, as well as high raw material and energy costs.

China Resources reports turnover of HKD44bn in 2021

24 March 2022, Published under Cement News

China Resources Cement announced consolidated turnover amounted to HKD44bn (US$5.62bn) in 2021, representing an increase of 9.7 per cent over the previous year. Profit amounted to HKD7.8bn, or a decrease of 13.3 per cent when compared with 2020. External sales volumes of cement, clinker and concrete reached approximately 81.3Mt, 3.3Mt, and 14.8Mm 3 , respectively, in 2021. The capacity utilisation rates of cement, clinker and concrete production lines were 93.6, 100.6 and 40.9 per cent, r...

China Tianrui Group Cement posts 2021 profit of CNY1.2bn

24 March 2022, Published under Cement News

China Tianrui Group Cement Co Ltd has reported a profit attributable of CNY1.2bn (US$188.4m) in 2021 when compared with CNY1.86bn in 2020. The company’s revenues increased to CNY12.72bn in 2021, up from CNY12.17bn in 2020, according to Reuters.

Cementir records strong regional results in 2021

11 March 2022, Published under Cement News

Cementir 's regional markets results for 2021 produced increasing revenues in all markets. The highest revenues outside of Italy were recorded in Belgium and France. Norway and Sweden In 2021 sales revenues in Norway and Sweden amounted to EUR193.6m (EUR176.4m in 2020) while EBITDA recorded 22 per cent growth to EUR 21.2m (EUR 17.4m in 2020).   In Norway ready-mixed concrete sales volumes increased by around four per cent compared to the previous year with a more favourable trend i...

Schneider Electric and Nanjing Kisen sign strategic partnership agreement

08 February 2022, Published under Cement News

Schneider Electric has signed a long-term cooperation agreement with Nanjing Kisen (CNBM) to progress the operational efficiency of intelligent cement plants through innovative digital modernisation in alignment with UN Sustainability Goals,   The strategic partnership agreement will accelerate the digital transformation of cement plants and enterprises in China, and beyond, leveraging their shared strengths in advanced digital technologies for energy and resource efficiency.   U...

Dr Sibo 'Steven' Yan appointed as general manager of KHD Beijing

25 January 2022, Published under Cement News

Dr Sibo 'Steven'  Yan has been appointed as general manager of KHD's Chinese unit KHD Humboldt Wedag Machinery Equipment (Beijing) Co Ltd. Dr Yan holds a PhD from Beijing University of Technology and brings along an impressive background of experience and knowledge in industrial cement plant construction. During his term as Vice President at Humboldt Wedag Inc he has contributed largely to winning and successfully executing the Mitchell project in the USA. The Chinese market is expected...

West Africa: progress in times of a pandemic

21 December 2021, Published under Cement News

CBMI Construction is currently undertaking an EPC plant project in west Africa, spanning an entire cement production line from raw materials crushing to packing and dispatch. Against the backdrop of COVID-19, the project is being implemented under unprecedented conditions and has achieved an number of milestones safely and successfully. By CBMI Construction Co Ltd, China. CBMI’s EPC contract in west Africa is expected to start cement and clinker production 18 and 26 months after pr...