Sinoma aims to cement market share
By Wang Yu (China Daily)
Updated: 2006-10-19 09:02
The firm is employing new technologies and energy-efficient solutions to
better protect the environment and facilitate a technology upgrade of the whole
industry, according to Tan.
The company is expecting strong market demand
for cement equipment technology and engineering capacity both at home and abroad
in the next five years.
Nearly half of China's existing cement
manufacturing capacity is subject to technological renewal during the 11th
Five-Year Plan (2006-10), and newly added capacity will also need further
investment, said Tan.
These factors will provide Sinoma with golden
growth opportunities, and Tan has to take active measures to seize
them.
"During the country's 11th Five-Year Plan we are to follow the
industrial authority's guidance to enhance technology capability, slam energy
consumption and encourage innovation as well," Tan told China Daily in the
lead-up to the Intercem China Conference to be held in Beijing next Tuesday and
Wednesday. Authorized by the State Council and co-organized by Intercem and
Sinoma, the conference will address topics such as sustainable development
within the cement industry.
Tan told China Daily that Sinoma is sparing
no effort to find new sustainable technologies and adopt a more proactive
marketing approach to further tap both the Chinese and foreign
market.
Sinoma has invested in research and development on a yearly basis
for innovation and new technologies, in line with the State's call for energy
efficiency and environmental protection, said Tan.
"For instance, we have
invented a solution to generate electricity by making use of the low-temperature
waste heat from cement plants. We anticipate half of the required power capacity
in cement plants can be derived in this way in the future," he
said.
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