Research and Markets: A Company Profile of Tangshan Jidong Cement Company Limited, Examine Development Prospects and Regional Competition
DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/4ce5e0/china_company_rese)
has announced the addition of the "China Company Research - Tangshan
Jidong Cement Company Limited " company profile to their offering.
Tangshan Jidong Cement Company, Ltd is one of the twelve
large-scale cement groups supported by the nation as well as one of
the largest modernized cement companies and cement listed companies.
At the end of 2007, the total production capacity of Tangshan
Jidong Cement Company was 25 million tons. In addition, the company is
building in seven production lines, of which, the clinker production
capacity 12.1 million tons and cement production capacity 13.1 million
tons. After the seven production lines start into operation gradually
at the second half year of 2008, the total output of cement will reach
nearly 40 million tons. Therefore, Tangshan Jidong will enter a fast
development period.
In 2007, the revenue of company main business was 3.86 billion
yuan(RMB), an increase of 32.58% year-on-year and net profit of 420
million yuan(RMB), an increase of 85.15% year-on-year. The sales of
cement has increased rapidly than 2006, the total output of cement was
17.5267 million tons, up 28.67% year-on-year; the total output of
clinker was 13.7597 million tons, up 17.86% year-on-year; the cement
has sold for 17.8826 million tons, throughput was 102.03%.
In January,2008 Tangshan local government and Sinoma Group signed
a cooperation agreement that Sinoma Group will inject no less than 13
billions yuan(RMB) to Jidong Cement Group in a three year period: the
capacity of cement will reach to 130 million tons.
In terms of the rapid growth of fixed asset investment, China has
a strong demand for cement, and the central government's environment
policy will make some small and backward cement production lines out
of market, therefore, the estimated shortage of cement will be 145-156
million tons, accounting for 45-49 of the total cement output of 2007.
Thus, there will be more developing space for Tangshan Jidong Ltd.
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Key Topics Covered:
- Profile
- Operating performances of 2007
- Rapid expansion of production capacity
- Analysis of regional competition
- Analysis of Development prospect
- Bottleneck of the development of the company
- List of Figures and Tables
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For more information visit
http://www.researchandmarkets.com/research/4ce5e0/china_company_rese
Research and Markets Ltd.
Laura Wood
Senior Manager
press@researchandmarkets.com
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Copyright Business Wire 2008
