China National Building Material Co., Ltd. or CNBM is a public traded company, engaging in

cement A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel ( aggregate) together. Cement mi ...

, lightweight

building materials Building material is material used for construction. Many naturally occurring substances, such as clay, rocks, sand, wood, and even twigs and leaves, have been used to construct buildings and other structures, like bridges. Apart from natur ...

, glass fiber and fibre-reinforced plastic products and

engineering Engineering is the practice of using natural science, mathematics, and the engineering design process to Problem solving#Engineering, solve problems within technology, increase efficiency and productivity, and improve Systems engineering, s ...

service businesses. CNBM is currently the largest cement and

gypsum Gypsum is a soft sulfate mineral composed of calcium sulfate Hydrate, dihydrate, with the chemical formula . It is widely mined and is used as a fertilizer and as the main constituent in many forms of plaster, drywall and blackboard or sidewalk ...

board producer in China. It is also the largest glass fiber producer in

Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

. CNBM was listed on the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...

under IPO on 23 March 2006. CNBM joined the Hang Seng China Enterprises Index from 10 March 2008. In October 2013 CNBM entered into an agreement with Qatari Investors Group to expand the Al Khaliji Cement plant. Al Khaliji, a subsidiary of Qatari Investors Group, is planning to double clinker and production capacity at the plant to 12,000tpd and 14,000tpd, respectively. FLSmidth is to supply equipment and machinery for the US$190m expansion. In 2013, CNBM acquires China manufacturer of solar

photovoltaics Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commerciall ...

modules, Jetion Solar. In 2014, CNBM acquires German

thin-film solar cell Thin-film solar cells are a type of solar cell made by depositing one or more thin layers (thin films or TFs) of photovoltaic material onto a substrate, such as glass, plastic or metal. Thin-film solar cells are typically a few nanometers (nan ...

manufacturer, Avancis. In the middle of 2014, CNBM took over all of the risks and benefits for 10 Ukrainian solar power plants, namely, Voskhod Solar, Neptun Solar, Franko Solar, Franko PV, Dunayskaya SES-1, Dunayskaya SES-2, Priozernaya-1, Priozernaya-2, Limanskaya Energy-1 and Limanskaya Energy-2. In 2015, CNBM begun work on a new 1.5 GW CIGS

fab Fab or FAB may refer to: Commerce * Fab (brand), a frozen confectionery * Fab (website), an e-commerce design web site * Fab, a digital asset marketplace by Epic Games * The FAB Awards, a food and beverage award * FAB Link, a European electricity ...

in Bengbu, Anhui province, China, in what promises to become one of the largest CIGS manufacturing facilities in the country. In 2016, UK solar developers WElink Energy and British Solar Renewables (BSR) have signed a £1.1 billion deal with CNBM to develop solar energy projects and zero-carbon homes in the UK. The parent company of China National Building Material is China National Building Material Group (established in 1984), is a

state-owned enterprise A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

administered by the

State-owned Assets Supervision and Administration Commission of the State Council The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the State Council of the People's Republic of China. It was founded in 2003 through the consolidation of various other indus ...

References

External links

China National Building Material GroupChina National Building Material Company Limited
{{authority control Construction and civil engineering companies of China Manufacturing companies based in Beijing Cement companies of China Government-owned companies of China Construction and civil engineering companies established in 1984 Manufacturing companies established in 1984 1984 establishments in China Companies listed on the Hong Kong Stock Exchange Chinese brands Companies formerly in the Hang Seng China Enterprises Index

See also

References

External links