On July 21st, Jidong Cement Co.,Ltd said on interactive portal that there is no obstacle to restructuring, the joint venture has already established. JIDD and BBMG are moving thirty subsidiary companies’ shareholding and two branch companies’ assets transition forwa
In the first half of 2018, national cumulative cement output has reached 997 million tons, a decrease of 0.6% over the same period of last year(full aperture down 10.42%). Fourteen provinces including Heilongjiang, Jilin, Xinjiang declined year on year. Among them, He
On June 28th, Ministry of Industry and Information Technology’s Department of Raw Material Industry wrote to China Building Material Federation to entrust them to investigate capacity substitution project of cement clinker and plate glass construction projects accord
A few days ago, general manager of Conch Group, said there is a trend that rising prices of building materials acts as an upward pressure on building cost. But cement cost is only a fraction of the building material cost, the rises of sand gravel aggregate is much bigger. In aggr
The global cement industry today employs 1.2 million people and has production capacity of around 6.2 billion t. However, it suffers from substantial overcapacity issues: it is estimated that current capacity can already fulfil the world’s needs for the next 20 years at least. S
China National Building Material Company limited issued Voluntary Announcement on the night of May 3th, which suggested changing directors, supervisors and appointing senior executives. The Announcement indicates Song Zhiping will no longer remaining as director and C
According to the statistics that National Bureau of Statistics reported recently, our cement industry total profit had reached 87.7 billion in 2017, which had increased by 94.41% compared with last year, ranked second in the history. It’s believed by many in the indu
Sri Lanka: Tokyo Cement Group entered into a collaboration agreement with Ube Industries from 1 August 2016 for technical support services and to import raw materials from Japan, to manufacture ‘high quality’ cement.
