Ocean plastic: an opportunity in the circular economy?
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 ...
China
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Jidong Cement to acquire 49% stake in Beijing BBMG Mangrove
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 acquisi...
China National Building Materials (CNBM)
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...
Anhui Conch
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 captu...
West China Cement to set up cement joint venture
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 an...
Carbon capture is a loss-maker for Anhui Conch
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,...
Cement prices rise in China due to demand from construction sector
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, cem...
Sunnsy Group joins World Cement Association
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 cap...
Zhejiang Shangfeng to acquire majority stake in cement producer
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 cemen...
China's cement output rises by 6% in 1H19
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 th...