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Himfr.com Analyzes Building Materials Industry Prospects

Post Time:Dec 09,2008Classify:Industry NewsView:431

Himfr.com (

The industry has undergone a process of restructuring earlier this year that allows it to make better use of resources, which resulted in a sales boom. China's all 12 major industrial sectors ended the year with profits, including building materials, metallurgy, and mechanical industry and so on, with six of the industries recorded a 40% profit increase. In the first quarter of 2008, China's building materials industry made a good start, with booming production and sales, showing a good momentum in the midst of the off- season. Warmer weather in April and May then allowed the building materials industry output value to rise further.

Himfr.com's data shows that from January to April, 2008, China produced 36 million tons of cement, compared with the same period of 2007, up 14.4%; the production of flat glass was 15.7 million boxes year-on-year, an increase of 15.6 %.

Himfr's analyst points out that, the steady increase in the total output of cement was the result of the changing structure of the building materials industry which is becoming more scientific and rational.

In terms of financing, fewer capital are pumping into energy-intensive industries. The new trend in investments are emission reduction projects, due to national industrial policies in encouraging the development of large new dry cement and cogeneration energy.

Himfr.com urges the industry to step up efforts in upgrading its structure by employing methods that are more environmental friendly. Energy that was consumed by the industry was up 17.2% compared with the same period of last year. Although its prospect would remain strong, the building materials industry still lags behind in terms of production capacity and that elimination of outdated production capacity is becoming a burden.

Source: Himfr.comAuthor: shangyi

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