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 mix ...

, lightweight building materials, glass fiber and

fibre-reinforced plastic Fibre-reinforced plastic (FRP; also called fibre-reinforced polymer, or in American English ''fiber'') is a composite material made of a polymer matrix reinforced with fibres. The fibres are usually glass (in fibreglass), carbon (in carbon-fib ...

products and

engineering Engineering is the use of scientific method, scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad rang ...

service businesses. CNBM is currently the largest cement and

gypsum Gypsum is a soft sulfate mineral composed of calcium sulfate 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, blackboard or sidewalk chalk, and drywall. ...

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

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...

. 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. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...

under

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

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 commercially us ...

modules, Jetion Solar. In 2014, CNBM acquires German thin-film solar cell 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 * The FAB Awards, a food and beverage award * FAB Link, a European electricity link * Flavoured alcoholic beverage or alcopop, ...

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 Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (econom ...

administrated by the State-owned Assets Supervision and Administration Commission of the State Council.

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