Pakistan’s FCCL full-year earnings up 56.7%

In the 2015 financial year, the net earnings of Pakistan-based Fauji Cement Company (FCCL) rose by 56.7% year-on-year to PKR 4.10 billion (€35.29 million/US$39.46 million) from PKR 2.6 billion due to a decline in finance costs and higher margins.

The revenues of the firm also rose 6.3% year-on-year to PKR 18.6 billion from PKR 17.5 billion.

The cement maker is a subsidiary of Fauji Group.

China National Building Materials Group Corporation (CNBM) published Social Responsibility Report 2014 English Version

On 31 August, 2015, CNBM published <Social Responsibility Report 2014(English) >, which includes Responsibility Management, Market Performance, Employee Care, Corporate Citizen, and Responsibility Performance.

As the leader in China’s building materials industry, CNBM is the largest comprehensive building materials industry group in China. It has been ranked first among the top 500 enterprises in the building materials industry for many years, 41st among the Top 500 Enterprises in China and 270th among the Fortune Global 500.

This Report gives a true picture of China National Building Materials Group Corporation’s (CNBM) performance of social responsibilities.

Report Period:1 January to 31 December 2014; given the progressing continuity of certain businesses or projects, some contents relate to the first and second quarters of 2015, the details of which are indicated in the Report.

Data Source: All information and data used herein are from the headquarters of CNBM and its member companies. Notes have been made in the Report for the information from external reference. Unless otherwise stated, all monetary amounts are expressed in RMB.

Aggregate Production and Processing Procedure of Stone Crusher

Shanghai Sanme is a professional manufacturers and supplier of aggregate crushing and processing equipment. Sanme still focus on the development of new stone crusher and its jaw crusher is a typical machine. Aggregate processing equipment can crush various rocks and stones. The finished products are widely used in highway, railway, and water conservancy construction, etc. As the commonly used crushing equipment, jaw crusher has various characteristics of large crushing ratio, simple structure, reliable operation, simple maintenance, uniform grain size, etc.

Now, let's take a look at its technology program: vibrating feeder evenly sends coarse aggregate into jaw crusher through hopper, and then the jaw crusher starts to crush the materials. After that, the aggregates after the crushing are sent to vibrating screen to get qualified products which are to be sent into cone crusher for fine crushing. And the unqualified products will be sent into jaw crusher for secondary crushing.

Jaw crusher, wildly applied in mining, metallurgy, building material, highway, railway, water conservancy, chemical industry and various constructions, is not only a good helper in crushing aggregate but also efficient in crushing ore, rock, slag, etc. We hope that after being familiar with jaw crusher working principle, our customers could buy the jaw crusher with the largest utilization.

China and Japan were both rejected: Indonesia drops high-speed train plan, chooses slower option

Indonesia has dropped its plan to build a high-speed train line and is shifting instead to more economical medium-speed technology, a Cabinet minister said Friday.

Coordinating Minister of Economy Darmin Nasution said high-speed service is not suitable for the relatively short distance of 150 kilometers (93 miles) between Jakarta and Bandung, West Java’s provincial capital.

“The president’s decision is that we don’t need a high-speed railway. A medium speed of 200 to 250 kilometers per hour is enough,” Nasution said.

President Joko Widodo, who took office last October, has ambitious plans for improving Indonesia’s infrastructure which he says will boost manufacturing and create hundreds of thousands of new jobs.

Nasution said a medium-speed rail system would take only 11 minutes more than a high-speed system to make the trip, while its construction cost would be about 40 percent cheaper.

China and Japan had been competing to construct the high-speed rail system, each offering low-interest loans and other perks in an attempt to secure a multibillion-dollar contract.

Nasution said a team will create a set of conditions for construction of the medium-speed line before it is opened to international bidding.

“We will offer it again to Japan and China, and other countries that have the capability to build a medium-speed rail system also have a possibility,” he said.

State Enterprise Minister Rini Soemarno said a consortium made up of four state-owned companies – PT Wijaya Karya, PT Jasa Marga, PT Kereta Api Indonesia, and PT Perkebunan Nusantara VIII – has been set up to conduct a further feasibility study for the project.

The Jakarta-Bandung line is part of a planned 750-kilometer (466-mile) train project that would cut across four provinces on Java and end in the country’s second largest city of Surabaya. It was not immediately clear whether speed would also be reduced for the other stretches of the project.

China wins Thai railway construction bid

After many ups and downs, China has finally won the railway cooperation project with Thailand. Zhu Xijun, general manager of the Southeast Asia Company of China Railway Construction Corporation (CRCC), said on Aug 26 that after six rounds of negotiation, both sides plan to sign the inter-governmental framework agreement on the China-Thailand Railway project in early September, and the commencement ceremony of the project is expected to be held in the end of October, Xinhua reported.

This year marks the 40th anniversary of China-Thailand diplomatic ties and the first year of implementation of the “One Belt and One Road”initiative proposed by China. The China-Thailand Railway, which has a historical significance, has attracted tremendous attention.

According to Zhu Xijun, the project, which will be completed in 3 years, will bring actual benefits to the socioeconomic development of Thailand. After the railway puts into use, people will enjoy a much more convenient and cheaper transportation between China and Thailand. The price of a railway passenger ticket between Kunming and Bangkok will be about 3,600 Thai Baht or 700 yuan ($109.62), which is about a half or a third of an airline ticket, and the railway freight cost is only one ninth of the air freight.

The railway is estimated to add two million more Chinese tourists to Thailand every year and will provide further convenience to its agricultural product export. With this railway, Thailand will be a new transportation hub of ASEAN countries.

Wu Zhiwu, Charge d’Affaires ad Interim of Chinese Embassy in Thailand, said that the cooperation on China-Thailand Railway will be a good example of the implementation of the “One Belt and One Road” initiative. On the basis of this railway, China and Thailand can further cooperate on the construction of ports, airports and other infrastructures.

The planned China-Thailand Railway is 867 kilometers long, with an agreed operation speed of 180km/h, which is slower than the previous version of 250km/h due to cost control. The railway will connect northeast Thailand’s Nong Khai province, capital Bangkok and eastern Rayong province.