Skip to main content

Listed units of CNBM and Sinoma to merge

Published by , Editor
World Cement,

The listed units of Chinese cement producers, CNBM and Sinoma, are to merger, following the combination of their parent companies last year. According to a joint release to the Hong Kong Stock Exchange, the merger will result in CNBM absorbing Sinoma, following the pattern of the deal set by the two parents.

Sinoma shareholders will receive 0.85 shares in CNBM.

Last year, the parent companies of the listed units were merged as part of a move by the Chinese central government to improve the performance of the cement industry.

With an installed capacity of 409 million t, CNBM is the largest cement producer in China, as well as supplier of lightweight building materaisl, glass fibre, composite materials, and engineering services. It is wholly owned by the State-owned Asset Supervision and Administration Commission (SASAC), the Chinese agency tasked with managing the country’s state-owned enterprises.

Sinoma has an installed cement capacity of 112 million t, making it the fourth largest cement producer in China. The company also supplies cement plant equipment and engineering services, as well as supplying high-tech materials, such as glass fibre, composite materials, synthetic crystals, and advanced ceramics.

On the merger of the listed units, Sinoma will be delisted from the Hong Kong Stock Exchange. The deal is subject to approval shareholder approval, as well as approval by China’s antitrust authorities.

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your advance tickets NOW »


A sustainable step forward

Lafarge Canada and CarbiCrete partner to scale deployment of carbon-negative concrete technology.


Embed article link: (copy the HTML code below):