West China Cement sales up

ICR Team

West China Cement has reported a revenue of RMB4167.8 million, up by 18.3 per cent from the RMB 3524.1 million reported in 2012. Strong demand coming from the Shaanxi Province and growing activity in the infrastructure sector has helped to push sales volumes 23.1 per cent higher y/y reaching 17.6 million t in 2013. Total clinker and cement sales volumes were 18.2 million. Gross profit was up by 8 per cent y/y to RMB 729.3 million.

The company is currently focused on a brownfield project in Xinjiang province with a production capacity of 1.5 million tpa, and a 1.8 million tpa brownfield project in Guizhou province. Expected to be completed in 2H14, both plants will boost the capacity to 27 million t which currently stands at 23.7 million tpa.

On the sustainability front, last year the company built a cement kiln waste sludge treatment facility at its Lantian plant. It will treat 210 000 tpa of industrial and municipal waste from the Xi'an and Xianyang area. The company has also setup residual heat recovery systems at 13 of the group's 17 production lines. These plants have lowered the electricity consumption by around 30 per cent and CO2 emissions by around 20 000 t/million t of cement production.

West China Cement, R

West China Cement sales up

ICR Team

Related Stories