Southern Cement Launches the First Cross-city Emission Trading in Zhejiang Province

2023-06-07 16:36:29

On June 5, Changxing Southern Cement Co., Ltd., an enterprise affiliated to Southern Cement, transferred part of the surplus 78.5 tons of sulfur dioxide and 138.24 tons of nitrogen oxide emission rights to Tongxiang Times Lithium Power Project in Jiaxing at an annual price of 3100 yuan/ton.

On June 5, Changxing Southern Cement Co., Ltd., an enterprise affiliated to Southern Cement , transferred part of the surplus 78.5 tons of sulfur dioxide and 138.24 tons of nitrogen oxide emission rights to Tongxiang Times Lithium Power Project in Jiaxing at an annual price of 3100 yuan/ton. This is the first cross-district and municipal emission trading officially launched in Zhejiang Province after the implementation of the Measures for the Management of Paid Use and Trading of Emission Rights.

Zhejiang Province, as the first batch of pilot areas of emission trading in China, actively encourages cross-city trading. The emission trading was led by the ecological environment bureaus of Jiaxing and Huzhou, with the participation of enterprises, and finally reached an agreement.

In recent years, Changxing Southern Cement Co., Ltd. has successfully met the second-stage ultra-low emission standards of Zhejiang Province by continuously increasing investment in environmental protection funds and technological innovation, and achieved emission reduction of 78.5 tons of sulfur dioxide and 1065.6 tons of nitrogen oxides per year.

Southern Cement will unswervingly implement Xi Jinping's ecological civilization thought, actively carry out ultra-low emission transformation of cement clinker enterprises, strive to build green environmental protection enterprises, and contribute to the construction of ecological civilization.

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Correlation

On June 5, Changxing Southern Cement Co., Ltd., an enterprise affiliated to Southern Cement, transferred part of the surplus 78.5 tons of sulfur dioxide and 138.24 tons of nitrogen oxide emission rights to Tongxiang Times Lithium Power Project in Jiaxing at an annual price of 3100 yuan/ton.

2023-06-07 16:36:29

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.