China’s cement demand projected to increase 8-10% in 2013

China Resources Cement’s (CRCement) vice-chairman, YuZhongliang, projected that cement demand would increaseby between 8% and 10% in 2013, while output would grow up to 8%. Obsolete capacity totalling 100 million tonnes would be phased out, and at the same time new cement output capacity totalling an estimated of 150 million tonnes would be added.
May 14, 2013 Read time: 1 min

7339 China Resources Cement’s (CRCement) vice-chairman, YuZhongliang, projected that cement demand would increaseby between 8% and 10% in 2013, while output would grow up to 8%. Obsolete capacity totalling 100 million tonnes would be phased out, and at the same time new cement output capacity totalling an estimated of 150 million tonnes would be added.

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