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Cement industry in China

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Title: Cement industry in China  
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Subject: Economy of China, Migration in China, Central Plains Economic Zone, China Compulsory Certificate, Chinese Institute of Certified Public Accountants
Collection: Industry in China, Manufacturing in China
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Cement industry in China

The cement industry in China is the largest in the world, producing 2.18 Bt in 2012.[1]

Contents

  • Capacity 1
  • Concentration 2
  • Largest 19 Chinese cement manufacturers 3
  • References 4

Capacity

China cement output reached more than 500 million tons in the first half of 2008; the figure will break 1.4 billion tons for the whole year considering the strong demand from post-earthquake reconstruction.

Concentration

To improve the concentration of clusters is the primary objective for the structure adjustment of China cement industry considering the current concentration degree is only 20%. China cement industry is projected to accelerate its structure adjustment for fiscal year 2009. In addition, the major players will enhance the waste heat generation projects, as well as new production line construction. Moreover, the cement industry has a lack of capital as a whole; IPO and refinancing have been proposed as the main ways to solve the capital bottleneck.

China cement still faces many challenges, e.g. unreasonable structures, too many small companies, and backward production capacity. In 2006, China's central government issued a series of policies to accelerate the adjustment in the cement industry and eliminate backward production capacity. The National Development and Reform Commission confirmed that manufactures with backward output capacity should be entirely eliminated during 2007 to 2010, but the following 12 manufacturers will be strong supported.

With the recovery of China cement industry, along with the challenges in China cement industry, foreign investors have started to pay attention to China cement market, more and more are involved in the activities of merger and acquisitions.

Largest 19 Chinese cement manufacturers

  1. Anhui Conch Cement Co., Ltd
  2. Tangshan Jidong Cement Co., Ltd
  3. Datong Cement Co., Ltd
  4. Xinjiang Tianshan Cement Co., Ltd
  5. Sichuan Shuangma Cement Co., Ltd
  6. Henan Tongli Cement Co., Ltd
  7. Inner Mongolia Xishui Chuangye Co., Ltd
  8. Anhui Chaodong Cement Co., Ltd
  9. Jiangxi Wannianqing Cement Co., Ltd
  10. Ningxia Saima Industry Co., Ltd
  11. Taiyuan Lionhead Cement Co., Ltd
  12. Shaanxi Qinling Cement Co., Ltd
  13. Sichuan Golden Summit (Group) CO., Ltd
  14. Huaxin Cement Co., Ltd
  15. Fujian Cement Co., Ltd
  16. Hebei Taihang Cement Co., Ltd
  17. Jilin Yatai Group Co., Ltd
  18. Guangdong Tapai Group Co., Ltd
  19. Gansu Qilianshan Cement Co., Ltd

References

  1. ^ "China produces 2.18Bt of cement in 2012". Global Cement. 22 February 2013. 
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