Green Island Cement
| Company type | Private (subsidiary) |
|---|---|
| Industry | Cement manufacturing |
| Founded | 1887 |
| Headquarters | Hong Kong , Hong Kong |
Area served | Hong Kong, South China, Southeast Asia |
Key people | Li Ka-shing (former chairman) |
| Products | Portland cement, concrete products |
| Owner | Cheung Kong Infrastructure Holdings |
| Parent | Cheung Kong Infrastructure Holdings |
Green Island Cement stands as the sole prominent cement manufacturer in Hong Kong. Previously traded on the Hong Kong Stock Exchange, the company has since been removed from the listing. Established in 1887 on Green Island, Macau, it has grown to operate extensively throughout Hong Kong and South China. The enterprise manages six concrete production facilities featuring 11 lines within Hong Kong, alongside three quarries each located in Hong Kong and Mainland China. It functions as a fully owned subsidiary of Cheung Kong Infrastructure Holdings.
History
Originating in Ilha Verde, Macau in 1886 with British capital, Green Island Cement was the first producer of Portland cement in the area, utilizing lime kilns powered by coral dredged locally and imported limestone. After Britain acquired the New Territories, a second plant was established in Hung Hom in 1898. This growth supported regional infrastructure and allowed for export of items such as encaustic glazed floor tiles.
The company moved its operations to Hok Un, Hong Kong in 1925, subsequently becoming a British-registered firm. It remained a key employer for many years thereafter.
In 1978, Li Ka-shing obtained a 25% share in Qingzhou Yingni, which increased to 40% by 1979 when he assumed the role of chairman. In October 1988, Cheung Kong Holdings initiated a full acquisition offer at 20 yuan per share—representing a 13% premium over the market value—amounting to HK$1.123 billion and controlling 44.6% at that time. By December 30, Cheung Kong Holdings had secured 95% ownership, finalizing privatization and delisting through compulsory acquisition. Following this, significant land at the Hung Hom factory site was acquired for prospective property development.
Ying Mu Manufacturing
Qingzhou Yingni runs clay production facilities located in Hong Kong, Yunfu, and Shantou within China. The Tap Shek Kok plant in Tuen Mun, operated by Green Island Ying Ni, is Hong Kong’s sole integrated cement product manufacturing site, catering to approximately one-third of the local demand.
Mining in Southeast Asia
The company’s limestone extraction and export activities are concentrated in Siquijor Province, Philippines.
Ship transportation
Transportation of products is primarily conducted through vessels owned by the company.