Displaying items by tag: China
China: Fujian Jianfu Cement has hired Citic Heavy Industries to carry out engineering design, procurement, construction and delivery of its upcoming 4500t/day ‘green smart’ cement plant. Process Worldwide Online News has reported that the plant will cost US$136m and operate with a high degree of process automation. As such, Citic Heavy Industries will rely on 3D parametric equipment design and digital twin technology in order to generate equipment models, incorporate artificial intelligence (AI) and maximise data potential for lifecycle operations.
Xiao Jiaxiang and Sui Yumin resign from CNBM
16 March 2022China: Xiao Jiaxiang and Sui Yumin have resigned as vice-presidents from CNBM. Xiao Jiaxiang will continue to hold the post of executive director with the company. Both men also worked for subsidiary Xinjiang Tianshan Cement.
China: Geely will include electric cement truck battery pack change facilities in its roll out of 5000 vehicle battery change stations across China. Carscoops News has reported that the stations will be able to remove vehicles’ 3.2t, 280kWh battery packs in five minutes and fully recharge them in an hour. Cement truck drivers will be able to access the service via a simple QR code scan.
China Tianrui Group expects 30 - 40% profit drop in 2021
09 March 2022China: China Tianrui Group has forecast its full-year profit and total comprehensive income as US$187m - 218m in 2021. This corresponds to a 30 - 40% year-on-year decline from its US$312m profit and comprehensive income in 2020. The company attributed the expected decrease to a year-on-year rise in coal prices and decline in cement prices, the latter due to flooding-related demand disruptions in Henan Province.
Anhui Conch to invest around U$800m in solar subsidiary
09 March 2022China: Anhui Conch plans to invest around US$800m in its Anhui Conch New Energy subsidiary towards the development of photovoltaic (PV) projects. By the end of 2022 the company plans to have installed PV power generation capacity of 1GW with an output of 1bn kWh. Anhui Conch fully acquired the subsidiary in August 2021.
India: Dalmia Bharat Group’s refractories subsidiary Dalmia-OCL has consolidated its businesses as Dalmia Bharat Refractories. The company said that the consolidation aims to strengthen the businesses’ financial standing, increase investment capabilities and positioning the new entity as a trustworthy and long-term partner for its customers in the cement industry.
Dalmia Bharat Refractories managing director and CEO Sameer Nagpal said "Our refractory business was divided into different companies which resulted in division of our financial, managerial and technical resources. This consolidation will lead into a more centralised, efficient and a robust management system with a stronger resource base for the future. The formation of Dalmia Bharat Refractories will allow us to offer a wider portfolio of products and services and deeper client relationships.” Nagpal added that the consolidation ‘Will enable us to become an alternative supply source to China in international markets.’
Nanjing Kisen International Engineering to implement Delta CleanTech’s carbon capture and storage technology at two CNBM cement plants
23 February 2022China: Nanjing Kisen International Engineering has secured a collaboration agreement with Canada-based Delta CleanTech for the implementation of the latter’s carbon capture and storage (CCS) systems at two China National Building Material (CNBM) cement plants. SCMP News has reported that there is a one-time licencing fee - which is not paid by Nanjing Kisen International Engineering but is traditionally paid by the CO2 capture plant customer - of 4.5 - 5% of capital costs. Installations cost upward of US$40m, depending on capacity.
There are currently 40 operational or upcoming CCS installations nationally with a total capture capacity of 3Mt/yr, chiefly in the oil, coal chemicals and energy sectors.The Chinese Academy of Environmental Planning has forecast that China’s cement industry CCS demand will reach 200Mt/yr by 2060. Delta CleanTech president Jeff Allison said that current challenges for Chinese cement producers seeking to reduce their CO2 emissions include difficulties disposing of captured CO2 and a lack of rewards and penalties around emissions control beyond the basic national efficiency requirements.
Nanjing Kisen International Engineering previously launched its first 155kg/day pilot CCS study in partnership with the Canada-based International CCS Knowledge Centre in July 2021.
Seven Rings Cement to supply Soyo BD International
23 February 2022Bangladesh: Seven Rings Cement has signed an agreement to supply cement to Soyo BD International. The China-based ready-mixed concrete supplier has recently started business in Bangladesh and is supplying different projects locally, according to the Daily Star newspaper.
Jiangxi Wannianqing Cement signs cooperation agreement with Qingyuan District government
18 February 2022China: Jiangxi Wannianqing Cement and the administration of Qingyuan District in Jiangxi Province have signed a strategic framework cooperative agreement. Reuters has reported that the agreement sets out ways in which the partners can advance green building materials use in public procurement, in line with the Jiangxi provincial government’s District Revitalisation and Development plant.
Nanjing Kisen and Schneider Electric to develop cement plant digitisation technologies
08 February 2022China: China National Building Material subsidiary Nanjing Kisen has signed a long-term collaboration agreement with France-based Schneider Electric. The partners plan to develop models for increasing operational efficiency, digitisation and sustainability. Alliance News has reported that they will establish a series of joint pilot projects. They plan subsequently to explore plant engineering, procurement and construction (EPC) opportunities outside of China together.