The impact of the devaluation has been fully reflected in the financial results of Lafarge Malaysia and YTL. Infrastructure investment provides a counter route, which Lafarge (Malaysia) wants, and CMS Cement is benefiting from the relative independence of the Sarawak market. However, continued low oil prices will test even diversified economies like Malaysia. Cement producers in other oil-producing countries should take note.
2015-10-30
Since last year, the economic growth of Brazil, Argentina, Peru, Chile and other major South American countries has generally slowed down significantly, Venezuela's economy has shrunk due to lower oil prices and other factors, and cement demand in some countries has also declined. As the largest cement producer in South America, Brazil accounts for half of South America's cement production and sales, and is expected to maintain a low growth rate in the future. Regional cement giants Votorantim and InterCement are still expanding inward and outward.
2015-10-28
On July 15, 2015, as soon as the Lahao merger was settled, Heidelberg Cement Group released another big news in the global cement industry: the Group announced the acquisition of 45% of Italian Cement. The German company, already the world's second largest cement manufacturer in terms of production capacity, bought a 45% stake in Italian cement at a price of 10.6 euros per share on July 28, 2015. But this is just the beginning. Heidelberg Cement aims to buy 100% of its Italian rival.
2015-10-23
On the morning of October 15, witnessed by Peng Shou, Vice President of China Building Materials Corporation, General Manager of Kaisheng Science and Technology Group, Chairman and President of China Building Materials International Engineering Group Co., Ltd. Hasan Yalcinkaya, President of Azerbaijan NORM Group, and Ma Mingliang, Vice President of China National Building Material Engineering Group and General Manager of Beijing Triumph Building Material Engineering Co., Ltd., signed the project PAC certificate of NORM Cement Plant at the headquarters of China National Building Material Group, indicating that the project has met the contract requirements and the owner has agreed to accept it.
2015-10-21
In the first half of this year, Indonesian cement sales were poor. Starting from the third quarter, the state-owned cement giant Semen Indonesia is expected to gain huge benefits from the gradual recovery of cement demand driven by national infrastructure projects. According to data released by the Indonesian Cement Association last Thursday, the total domestic demand for cement in the third quarter reached 14.47 million tons, up 1.3% from the previous quarter and 3% from the previous year. The increase was mainly due to the year-on-year increase in cement sales in August and September, which ended the continuous decline in cement consumption since February due to the economic slowdown and the decline in large-scale government infrastructure expenditure.
2015-10-20
From October 12 to 16, at the invitation of Harbin Environmental Protection Bureau, China National Materials Co., Ltd. participated in the second Sino-Russian Expo (the 26th Harbin Fair) held in Harbin.
2015-10-20
Since the middle of last year, with the decrease of temperature, the construction of downstream projects has decreased, and the demand in Xining and Haidong of Qinghai has begun to decline. On the market, Qilian Mountain, Jinyuan, Qinghai shares, etc.
2015-10-16
On 10 October, President Edgar of the Republic of Zambia & # 9642; Lungu met with Liu Zhijiang, Chairman of Sinoma Group, and his delegation at the presidential residence in Lusaka.
2015-10-14
On October 10, Lin Zhiyong, the economic and commercial representative in Tanzania, attended the completion and commissioning ceremony of the cement plant constructed by China National Materials International Engineering Co., Ltd. (Nanjing) in Mtwara. President Kikwete of Tanzania attended and delivered a speech, saying that this is the largest single-line cement production line in Central and East Africa, and the design standards adopted by the project are far higher than international standards.
2015-10-13
Sinoma Group has taken a new step in promoting cooperation in international production capacity and equipment manufacturing. On October 11, it planned to invest more than US $500 million in the construction of Sinoma Zambia Building Material Industrial Park. Sinoma Zambia Building Materials Industrial Park has planned a number of building materials projects based on the development model of circular economy industrial park, and will build a new dry cement production line with an annual output of 1 million tons in 2015.
2015-10-12
Cement consumption in Germany increased by 2.2% year-on-year to 27.1 million tons in 2014, and it is expected that cement consumption will increase by 1% year-on-year to 27.3 million tons in 2015.
2015-10-09
The seven-day inspection tour in Japan has a lot of contents, among which the industrialization inspection is the highlight. We visited Seeper, Lixil, HOUSETEC and other companies respectively. Here we focus on Seeper and Lixil.
2015-09-30
Baoding Sencheng Trading Co., Ltd. of Hebei Province and the Republic of Uzbekistan's "Ж" Co., Ltd. jointly invested in the establishment of a joint venture company "Kokand European Building Materials Co., Ltd." In Fergana, the Republic of Uzbekistan, with an investment of 70 million US dollars to build two 2500t/d clinker cement production lines. Invest USD 15 million to build 2 gypsum board production lines of 10000 m2.
2015-09-29
From September 21 to 23, a delegation led by Zhang Yi, Special Envoy of the Chinese Government and Director of the State-owned Assets Supervision and Administration Commission of the State Council, visited Iran. Liu Zhijiang, Chairman of Sinoma Group, accompanied the delegation, attended the talks with Iranian Minister of Finance and Economy Talebani and the Sino-Iranian Economic and Trade Cooperation Fair, and attended the Symposium on Chinese-funded Enterprises in Iran hosted by Director Zhang Yi at the Chinese Embassy in Iran.
2015-09-29
Shangfeng Cement announced on September 29 that it was approved by the 27th meeting of the company's seventh board of directors held on September 28, 2015. The Company and Shaanxi Sinoma Equipment Machinery Engineering Co., Ltd. intend to become shareholders of the Project Company by acquiring the equity of Rusidi Company located in Khatlon Oblast of the Republic of Tajikistan held by Saduloyev Mukhamadshariv Amiluroyevich, a citizen of the Republic of Tajikistan, or by increasing the capital of the Project Company. To be responsible for the development, construction and operation of a clinker cement production line with a daily output of 3200 tons and a supporting cement grinding line project in Kurganchube, Tajikistan.
2015-09-29
Sinoma International said on Thursday that its Nigerian project, with a contract value of nearly $200 million, had not yet met the disclosure standard of 1.5 billion yuan, and that news media reports were wrong.
2015-09-25
As one of the largest cement engineering system integration service providers in the world, 80% of Sinoma International's business income comes from overseas. "The biggest risk for Chinese enterprises to invest overseas is to use Chinese thinking to do things abroad." Song Shoushun, chairman of Sinoma International, said at the salon of "Sinoma International Overseas Strategy and Experience Exchange of Going Out".
2015-09-23
In an interview with Reuters, the Minister of Transport of India said that in the next two or three years, road construction in India will develop rapidly, the PPP model will be more recognized, and the progress of the project will be accelerated. At the same time, a supply platform will be established for steel and building materials needed for infrastructure construction to supply at a lower price.
2015-09-22
In recent years, the construction industry in Kazakhstan has boomed with new construction projects, while the number of projects involving extensive modernization and rehabilitation has decreased. The share of new construction in total construction output increased from 82.3% in 2012 to 85.1% in 2014, and is expected to increase to 86% in 2015, with housing demand continuing to show a significant increase.
2015-09-15
On the afternoon of the 8th, the two sides held the signing ceremony of the Memorandum of Understanding on Deepening Cooperation in the East China Sea Hall of the Conch International Conference Center. Inoue Eiji and Guo Jingbin signed the agreement on behalf of Kawasaki Heavy Industries and Conch Venture respectively.
2015-09-15
CEMPI
101.88
+0.01 +0.01%
CONCPI
90.44
-0.03 -0.03%
CLKPI
109.18
0.00 0.00%
SPPI
44.93
-0.18 -0.40%
MORPI
73.32
0.00 0.00%
On December 4, the Hainan Provincial Department of Industry and Information Technology issued a public announcement on the 2024 Industrial Enterprises Investment Expansion and Technological Reform and Quality Improvement Fund Award and Subsidy Plan (the seventh batch), with the publicity period from December 4 to December 10, 2025.