Cement News tagged under: China

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Ocean plastic: an opportunity in the circular economy?

15 October 2019, Published under Cement News

Initiatives are under way to address the global issue of plastics litter in the oceans. Norway’s SINTEF highlights the use of co-processing in the Ocean Plastic Turned into an Opportunity in Circular Economy project. By Dr Kåre Helge Karstensen, Palash Kumar Saha, Eirik Vigerust, Anneli Alatalo Paulsen, Dr Christian John Engelsen and Dr Mehdi Ahmadi, Foundation for Scientific and Industrial Research (SINTEF), Norway. Mining of plastic wastes at a dumpsite in Thailand. Image credit: Kå...

Jidong Cement to acquire 49% stake in Beijing BBMG Mangrove

09 October 2019, Published under Cement News

China’s BBMG Corp is set to sell its entire 49 per cent stake in Beijing BBMG Mangrove to Jidong Cement for CNY1.72bn (US$241m). Jidong Cement is expected to fund the acquisition of the waste management company in an all-cash deal, according to a statement by BBMG. The proceeds from the divestment will be used to meet BBMG’s working capital requirements.

China National Building Materials (CNBM)

26 September 2019, Published under Cement News

Sinoria FABCOM, a subsidiary of China National Building Materials (CNBM), has confirmed its plans to open a fibre cement board plant in Abuja, Nigeria. According to the company, the first production line at the new facility will be able to produce over 5Mm 2 each year. The move follows the success of the company’s stone-coated roofing sheet production plant, also located in Abuja. Sinoria FABCOM hopes to help solve the Nigerian housing crisis by supplying the country with quality and afford...

Anhui Conch

26 September 2019, Published under Cement News

Despite the project proving to be a loss maker, Anhui Conch is fully committed to its carbon capture investment at the Baimashan plant in eastern China. The US$10m carbon capture and storage (CCS) project was installed last year after taking 12 months to construct. Trial production began in October 2018 with the aim of separating and purifying 50,000t of carbon dioxide (CO 2 ) each year, which Anhui Conch would then sell to industrial consumers. As a pilot project the technology is curren...

West China Cement to set up cement joint venture

23 September 2019, Published under Cement News

West China Cement subsidiary West International, CIF-MOZ, Oceanic Star and Guhava have entered into a cooperation agreement to establish a joint venture for joint investment and construction of a cement production line in Mozambique. West International, CIF-MOZ, Oceanic Star and Guhava will contribute MZN60m, MZN21m, MZN14m and MZN5m, respectively, to the registered capital of the joint venture and will hold 60, 21, 14 and five per cent, respectively of JV equity interests, respectively. ...

Carbon capture is a loss-maker for Anhui Conch

16 September 2019, Published under Cement News

Anhui Conch has invested US$10m in carbon capture equipment at its Baimashan plant near the Yangtze river in eastern China. The pilot carbon capture and storage (CCS) project, installed last year in the city of Wuhu in Anhui province, separates and purifies 50,000t of carbon dioxide (CO 2 ) a year, which Conch will sell to industrial consumers, reports Reuters. As a pilot project the technology currently is designed to capture a small percentage of the 1.5Mt of CO 2 generated by a single...

Cement prices rise in China due to demand from construction sector

12 September 2019, Published under Cement News

On 9 September, the construction of 10 major projects started in southwest China's Guizhou province, representing a total investment of CNY68.53bn (US$9.62bn). As a result, cement prices in some areas of Guizhou have seen an average increase of CNY60/t since August. Elsewhere, Zhejiang, Jiangxi, Hubei, Hunan, Henan and Shandong provinces, as well as the autonomous region of Guangxi, have recorded a price increase of around CNY20-40/t. "The country's cement prices have maintained at mor...

Sunnsy Group joins World Cement Association

12 September 2019, Published under Cement News

The World Cement Association has been joined by Sunnsy Group, the largest cement group in the northern area of China's Yangtze River region. With a total cement production capacity of over 100Mta, Sunnsy Group is one of the 12 largest cement groups being specially supported by China's central government. Sunnsy Group is ranked in the top 500 Chinese enterprises and its 'Sunnsy' brand cement has been awarded a National Certified Quality Credit AAA Gold Medal. "Sunnsy Group has an impres...

Zhejiang Shangfeng to acquire majority stake in cement producer

02 September 2019, Published under Cement News

China’s Zhejiang Shangfeng Building Materials Co is set to acquire a 65 per cent stake in Ningxia Mingfeng Mengcheng Building Materials Co, a producer of general Portland cement, clinker and special cement. The total value of the deal is CNY196.65m (US$27.76m). After completion, Ningxia Mingfeng is expected to become a holding subsidiary of Zhejiang Shangfeng. The acquisition will reportedly allow Zhejiang Shangfeng to increase the scale of the industry, enrich the product structure and enh...

China's cement output rises by 6% in 1H19

29 August 2019, Published under Cement News

China's total cement output rose by 6.8 per cent in 1H19 to 1.045bnt. This was the fastest growth in the last six years, even though cement supply was still constrained by the policies of 'staggering peak construction' and environmentally restrictive production'. National demand for cement saw a YoY increase of more than five per cent with the northern region showing the fastest growth. The pricing and supply-demand balance in northern China, particularly in Beijing, Tianjin and He...