China National Building Materials (CNBM) expects to report an unaudited loss of approximately US$275m for the first half of 2024, a significant downturn from a net profit of US$192.5m in the same period in 2023. CNBM has attributed the anticipated loss to decreased selling prices and reduced sales volumes for key construction materials such as
China National Building Material (CNBM) subsidiary Sinoma CDI has won a US$6m contract to upgrade cement and raw materials conveyors at Riyadh Cement Company’s Riyadh cement plant. The producer has opted for elevator conveyors for mechanical transportation, in place of its existing pneumatic conveyors. It expects this to increase energy efficiency and reduce necessary maintenance.
Yamama Cement has hired China National Building Material subsidiary Sinoma Overseas Development to build a new 12,500t/day production line at its Riyadh cement plant. The China-based supplier will handle engineering, procurement and construction. The supplier is already engaged in relocating a 10,000t/day line from Yamama Cement’s previous plant to the Riyadh plant. Once both lines
China National Building Material (CNBM) has divested control of Qilianshan Cement to China Communications Construction (CCC) and China Urban-Rural Holding Group as part of an asset restructuring agreement agreed in May 2022. Following the transaction CCC holds an 85% equity interest in Qilianshan Cement and China Urban-Rural controls the remaining 15% portion. As part of
China National Building Material subsidiary Sinoma International Engineering won a contract to build a new clinker line for Holcim Belgique on 8 December 2023. Yicai Global News has reported that Sinoma International Engineering will design the line, supply its mechanical and electrical equipment, procure steel structures and provide technical services under a contract worth Euro218m.
Kant Cement has successfully transitioned Grinding Unit 8 of its Kant cement plant to closed cycle grinding operations. Business World News has reported that China-based CNBM Beijing Triumph carried out the work. The transition has increased the unit’s production capacity by 30 – 40%. Kant Cement’s general director Pavel Dekhtyarev said “The mill previously produced
Bekabadcement is carrying out a ‘large-scale’ upgrade to its 0.7Mt/yr Bekabadcement plant in Tashkent Region. The producer said that the upgrade involves a 20% capacity expansion of the plant’s production line to 2500t/day. Austria-based Unitherm CemCon supplied burners for the upgraded line, while China-based Beijing Triumph International Engineering supplied heat exchanger components and a KC
China-based Sinoma International Engineering has won an engineering, procurement and construction (EPC) contract to build Southern Province Cement’s upcoming Jizan cement plant, in the province of the same name. YiCai Global News has reported that the plant will have a capacity of 1.83Mt/yr. Commissioning is scheduled to follow 27 months after the start of construction.