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Shandong Company closed over school’s ‘Fake Cement’ claim

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Authorities in eastern China’s Shandong province have shut down a local manufacturing company for allegedly producing substandard cement used to construct a school dormitory in a neighbouring province, it was reported.

The market supervision bureau of Taierzhuang District in the city of Zaozhuang issued a suspension order against the company that manufactured the cement after a private school’s principal filed a complaint over the 25 tons of allegedly low-quality construction material. The Zhicheng Experimental School in Henan province’s Luyi County had procured the cement through a third-party vendor to provide to builders working on the project.

Before the school filed a complaint to the district-level market supervision bureau in Shandong – where the company’s cement factory is located – it had also reported the case to a lower county-level bureau in Henan in April, nearly a month after it found the construction material too weak to hold the foundation of the planned four-story dormitory.

Shoddy construction materials in schools have made headlines recently, raising public concerns over potential health and safety hazards for students. In January, hundreds of students at a primary school in the eastern Zhejiang province suffered from nosebleeds and swollen lymph nodes after the school completed construction of a running track later found to be emitting toxic fumes. Recently, a local court accepted a case from a nonprofit suing the school and the two companies responsible for the track’s construction.

About 960 students, most of them so-called left-behind children, were scheduled to move into their new dorms in September. The private school with over 1,700 students had reportedly borrowed and raised more than 3 million yuan for the project.

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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Concrete

India’s cement consumption set to rise

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

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