China National Building Material Group

FLSmidth and CNBM will build a 12,000 tonnes per day cement plant for ETHRB Group in Relizane, Algeria. The EUR 100 million order includes engineering, equipment supply, and construction supervision. The plant is expected to be completed by end of 2020.

ETHRB Group has ordered an integrated cement plant from FLSmidth for a site at Relizane, Algeria. The order is worth over €100 million and includes engineering, equipment supply, construction supervision, commissioning, and training. The plant will have a capacity of 12,000 t/day and commissioning is scheduled for late 2020.

China National Building Material (CNBM) and China National Materials (Sinoma) merged to become the world's largest cement maker and cement plant builder. The merger was approved in a shareholders meeting on December 6, 2017.

FLSmidth announced that a previously signed contract for a cement plant in North Africa, valued at over EUR 100 million, is now effective after receiving the down payment. The plant will have a capacity of 12,000 tonnes per day.

The listed Hong Kong units of China National Building Material Group (CNBM) and China National Materials Group (Sinoma) have agreed to merge, with each Sinoma shareholder receiving 0.85 CNBM shares. The merger follows the parent companies' merger last year.

On August 18, 2017, China National Building Material's 70%-owned subsidiary North Cement agreed to acquire 51% of Mudanjiang North Cement from Jingang Group for CNY 213 million, and 19 subsidiaries of Mudanjiang North Cement for CNY 2.299 billion.

Mitsubishi Materials agreed to sell its 66.67% stake in Yantai Mitsubishi Cement in Shandong to a China National Building Material affiliate, and will liquidate two cement admixture companies in Shandong and Jiangsu, as it withdraws from the Chinese cement market due to environmental regulations and oversupply.

China National Building Material's subsidiaries China Building Material Engineering, Huaguang Group and Bengbu Institute plan to sell 100% of Tongcheng New Energy to Luoyang Glass for CNY 247 million, to be paid in shares.

凯盛科技, a wholly-owned subsidiary of China National Building Material Group, completed the acquisition of approximately 156 million shares of China Glass Holdings from Pilkington Group Limited on December 21, 2016, becoming the largest shareholder with a 23.01% stake.

China Triumph International Engineering Co., Ltd., a subsidiary of China National Building Material Group, signed a €200 million EPC contract for the 221 MW Solara4 Vaqueiros solar photovoltaic power station in Portugal, which will be Europe's largest single solar plant.