Reported 8 months ago
China's National Development and Reform Commission and four other departments recently released action plans for energy-saving and carbon reduction in industries such as steel, refining, synthetic ammonia, and cement, aiming to promote these efforts in high-energy-consuming industries. Corporate analysts predict that companies like Taiwan Cement (1101) and Asia Cement in the cement sector will benefit from this. The government has set various targets for industries like cement, including controlling cement clinker production capacity, reducing energy consumption, and implementing energy-saving and carbon reduction measures. Analysts believe that with upcoming reforms and measures in China, the cement industry's future looks promising, particularly for companies like Taiwan Cement and Asia Cement.
Source: YAHOO