China National Building Material
| Company type | Public |
|---|---|
| Industry | Building materials, Cement, Glass fiber, Renewable energy |
| Founded | 1984 |
| Headquarters | Beijing , China |
Area served | China, Asia, United Kingdom, Ukraine |
| Products | Cement, gypsum board, glass fiber, fibre-reinforced plastic products, engineering solutions, photovoltaic modules, thin-film solar cells |
| Parent | China National Building Material Group |
China National Building Material Co., Ltd. (CNBM) operates as a publicly listed enterprise with core activities in cement production, lightweight construction materials, glass fiber manufacturing, fibre-reinforced plastic products, and engineering solutions.
As the foremost producer of cement and gypsum board within China, CNBM also holds the position of Asia's top manufacturer of glass fiber.
The company has been publicly traded on the Hong Kong Stock Exchange since 23 March 2006 and was incorporated into the Hang Seng China Enterprises Index on 10 March 2008.
In October 2013, CNBM collaborated with Qatari Investors Group to enlarge the Al Khaliji Cement facility, effectively doubling clinker output to 12,000 tons per day and total production capacity to 14,000 tons per day. This US$190 million expansion involved equipment supplied by FLSmidth.
Diversifying into renewable energy sectors, CNBM acquired Jetion Solar, a Chinese photovoltaic module producer, in 2013 and subsequently purchased Avancis, a German manufacturer specializing in thin-film solar cells, in 2014.
By mid-2014, CNBM had taken over ownership of ten solar power plants located in Ukraine, broadening its global renewable energy assets.
In 2015, construction began on a 1.5 GW CIGS semiconductor manufacturing facility in Bengbu, Anhui province, positioning CNBM among the leading CIGS producers nationwide.
The following year, UK-based solar developers WElink Energy and British Solar Renewables entered into a £1.1 billion contract with CNBM to develop solar energy projects and zero-carbon residential developments across the United Kingdom.
CNBM is a subsidiary of China National Building Material Group, a state-owned enterprise founded in 1984 and governed by the State-owned Assets Supervision and Administration Commission under the State Council.
See also
External links
- Articles with short description
- Construction and civil engineering companies based in Beijing
- 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