Fortune Global 500: CNBM continues to lead in global building material industry

On August 2, 2021 Fortune Global 500 was published. Having been in the list for 11 consecutive years, CNBM is at the 177th this year with an operating income of 57.115 billion USD, which is 10 places higher than the previous year, continuing to be the first in the global building material industry. 

CNBM builds photovoltaic power station with largest single-unit capacity in Europe!

On the morning of October 9 (local time), Solara4 220MW in Portugal, the large-scale photovoltaic power station, saw its initial power generation ceremony as scheduled at the project site in southern Portugal. This power station has the largest single-unit capacity in Europe, and China Triumph International Engineering Co.,Ltd. (“CTIEC”) of CNBM is the general contractor of this project. Jo?o Fernandes, Minster of the Energy Department of Portugal, Jo?o Galamba, State Secretary of Portugal, leaders of the local government and of the national grid corporation, representatives from contractors, and local major media all attended this ceremony.

It is reported that Solara4 holds the capacity to generate 382 billion watt-hours of electricity annually, which is equivalent to the electricity consumption of 200,000 households. While providing Portugal with high-efficiency and environment-friendly energy, it can also effectively reduce carbon dioxide emissions by 330,000 tons. The whole project uses high-efficiency photovoltaic cell modules, which are manufactured by Jetion Solar, a self-owned brand of CNBM, and fully comply with European standards and local government regulations. 

World Cement Association looks to the future

Song Zhiping calls on cement industry to continue carbon neutrality efforts and embrace digitalization >>>

China’s smart manufacturing bears rich fruits

Recently, state-owned enterprises (SOEs) directly under the central government of China displayed their innovations in high-end equipment manufacturing at an exhibition held in Beijing at the headquarters of China Railway Group Limited (CREC), showing that China’s calling card of smart manufacturing shines even brighter. >>>

CNBM holds open day event at Zambia Industrial Park

LUSAKA, ZambiaAug. 28, 2020 /PRNewswire/ — China National Building Material Group Co., Ltd. (CNBM) held its first online open day event focusing on appropriate use of resources at the Zambia Industrial Park in Lusaka, capital of Zambia on Aug 26. >>>

CNBM has been continuous listed as China’s 500 most valuable brands

Recently, the 17th world brand conference, sponsored by World Brand Lab, held in Beijing, released the analysis report of China’s 500 Most Valuable Brands in 2020. China National Building Material Group Co., Ltd (CNBM) has been listed in the Brand Finance for the fourth consecutive year since the “reorganization of the two material groups”, it ranks 45 of the most valuable brands with a brand value of 117.562 billion yuan in this year, an increase of 16.287 billion yuan compared with last year, ranking the first in the building materials industry. With a brand value of 75.265 billion yuan, Beijing New Building Material (Group) Co., Ltd., (BNBM) which is affiliated to CNBM, ranks 71st in the list and third in the building materials industry. >>>

The President signed a law on reducing the “feed-in” tariff

The President signed the Bill №3658, which enshrines the key provisions of the Government Memorandum with producers of sustainable energy. >>>

CNBM consolidates its cement businesses

Consolidation of the Chinese cement industry looks set to take a major step forward this week. China National Building Material Company (CNBM) announced that it is restructuring its cement production assets and companies under one subsidiary, Tianshan Cement. The move is significant since CNBM is the world’s largest cement producer, with a production capacity of over 500Mt/yr. That’s more than the total output of any single country except China. It’s also between a quarter and a third of national capacity domestically. >>>

The Government supported the reduction of the “feed-in” tariff

The Verkhovna Rada adopted in general the bill №3658 on improving the conditions for supporting the production of electricity from alternative sources, which is designed to reduce and restructure the “feed-in” tariff. >>>

Zhang Jingsong: In case of repeated reduction of “feed-in” tariffs by 15%, CNBM will appeal them to international arbitration

Last week, the Verkhovna Rada passed in the first reading the government bill №3658, prepared on the basis of a memorandum with renewable energy producers, the essence of which is to reduce the “feed-in” tariff for existing and future projects and a number of other changes.