Conch Cement: In the long run, per capita cement consumption will decline.

2023-01-04 16:26:21

What level can annual demand for cement be maintained in the future?

Recently, some investors asked Conch Cement on the interactive platform that in the later stage of urbanization in the future, the infrastructure is becoming more and more perfect. After the peak period of cement demand, combined with the analysis of domestic and foreign demand, what level can annual demand for cement be maintained in the future? Does it have a greater impact on the company?

In this regard, Conch Cement said that considering the promotion of transportation, municipal and industrial park infrastructure construction under the background of stable economy and people's livelihood, the relief of financial pressure of real estate enterprises after the opening of real estate financing channels will bring about the recovery of real estate business, and the demand for cement is expected to be relatively stable in the short term. In the long run, with the peak of urbanization rate and the gradual improvement of infrastructure in China, the per capita cement consumption will decline. The company will make every effort to protect market share, grasp the rhythm of sales, dispatch resources globally, and maximize the company's benefits.

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This year, as a key year for economic recovery, we understand that Conch Cement is actively expanding and strengthening the main business of the cement industry chain, and at the same time, it is also increasing its efforts to enter the new energy track, creating a new industrial growth level and cultivating a new profit growth point. In 2023, Conch Cement will have a capital expenditure of 19.318 billion yuan, mainly for project construction, energy-saving and environmental protection technology reform, M & a project expenditure, etc. It is expected that Conch's market share will be further enhanced and its leading position will continue to be consolidated. Are you optimistic about the future development of Conch Cement? Feel free to leave a comment in the comments section.

2023-04-07 17:23:11

What level can annual demand for cement be maintained in the future?

2023-01-04 16:26:21

On January 15, 2021, Fujian Provincial Department of Industry and Information Technology announced the capacity replacement plan of Fujian Cement Co., Ltd. for the construction project of cement clinker production line with a daily output of 4500 tons, which was not organized and implemented for some reasons. Now the enterprise applies for the change of the announcement.