More NSP cement output in the industry

Byswb

Updated 2010-07-02

The Ministry of Industry and Information Technology (MIIT) released Jan.-May economic operation report on building materials sector.

In the first five months, China's cement output reached 666 mln tons, 19.1% more that last Jan.-May period.

The percentage of NSP cement in the whole cement production climbed up to 77.7% from 72% at the end of 2009. In May, China saw a record high cement output of 172 mln tons.

The overall revenue of the cement industry increased by 24.7 to 23.43 bln yuan, and the profit up 26.8% to 1.34 bln yuan.

From January to May, China exported 6.85 mln tons of cement and clinker in total, 3.3% higher than last year; and the export revenue rose 50.3% to 693 mln US dollars.

As to the investment in the industry, from the beginning of 2010 to May, China saw a sum of 5.79 bln yuan poured into the cement manufacturing industry, up 22.2% from the same period of last year. East China's fixed assets investment in cement industry amounted to 1.29 bln, up 54.4%, Middle China rose 7.2% to 1.60 bln, and West China increased by 20.4% to 2.81 bln.

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