China National Building Material Co., Ltd. or CNBM is a public traded company, engaging in cement, lightweight building materials, glass fiber and fibre-reinforced plastic products and engineering service businesses.
CNBM is currently the largest cement and gypsum board producer in China. It is also the largest glass fiber producer in Asia.
CNBM was listed on the Hong Kong Stock Exchange under Initial public offering, 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 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 Copper indium gallium selenide solar cells, CIGS Semiconductor fabrication plant, fab 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 administrated by the State-owned Assets Supervision and Administration Commission of the State Council.
See also
*Advanced materials industry in China
* Chinese drywall
References
External links
China National Building Material GroupChina National Building Material Company Limited
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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