China's Cement Industry Dominates Global Production in 2020

According to a recent report, the global cement production in 2020 was estimated to be 4.1 billion metric tons, with China's cement industry accounting for over 60% of the total global production.

The report also revealed that the top five cement producing countries, including China, India, Vietnam, the United States, and Indonesia, accounted for approximately 68.2% of global cement production in 2020. The report highlights the concentration of cement production in certain regions of the world.

The cement industry is capital-intensive and has ties to the broader economy, making it particularly sensitive to factors such as energy prices, environmental regulations, and economic growth.

The report also emphasizes the importance of identifying the production capacity of cement plants and their actual production outputs to ensure efficient and sustainable production.

In other news, the cement industry has been busy with carbon capture initiatives, with Global Cement covering five stories on the topic.

Meanwhile, JPQ7.CC's share price closed at ¥10.00, down -0.09% from the previous day's close of ¥10.09.

Finally, Geocycle Egypt has launched its SRF hub, giving it precise control over the quantity and premium quality of alternative fuel at 15MJ/t RDF, adhering to specifications and standards.