One of the major inventions of the mankind, cement has literally transformed the world. Widespread Urbanisation and infrastructure development has only been possible with cement. Cement binds bricks, aggregates and assists our better lives with secure shelter, infrastructures, transport facilities and many more. Although there have been issues about environmental effects, cement industry has never been out of business. About 3,300 million tons of cement is produced every year all over the world and China, India, Iran and the US are some of the leading producers of cement in the world. Here are the top 10 largest cement companies in the world 2018 that have been widely popular and have gained immense profit with the sales of cements around the globe:
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10. Euro Cement:
This is a joint stock company which was founded in the year 2002. It has its headquarters at Moscow, Russia. Filarct Galchey is the chairman of this venture that is one of the biggest companies in Russia. It has about 20,000 employees working in shifts for its 10 production plants. This company produces and markets cement, ready mix concrete and aggregates. This Group produces about 40 MT of cement and 10 McM of concrete aggregates.
09. China Shanshui Cement Group Limited:
This is a huge cement manufacturing company with products like manufacturing and sale of cement clinkers and limestone mining. It was founded by Old Zong. Presently, its chief executive officer is Li Heping. It operates in four different areas. Its headquarters is located in the Shandong province, North Eastern China. They produce the material which are mainly used to build bridges and roads. Its plants are of the capacity to produce 53 Mt of cement per annum.
08. Taiwan Cement Corporation:
This Company was started in the year 1946 and is headquartered at Zhongton, Tapie, Taiwan. It is one of the biggest companies in Taiwan. It has a net annual income of 15 billion. This private corporation has the production capacity of 63.72 Mt/year of cement.
07. China Resource Cement Holdings (ltd):
This company was founded in the year 2003. It is headquartered at Hong Kong, Peoples Republic Of China. Miss Zhou Junqing is the chairman of this venture. It is a company which produces mainly cement and concrete. This company is based at Cynon islands and is named the largest clinkers and cement producers in Southern China. It has the capacity of 64 Mt/year with its 7 production plants.
This manufacturing company was established in the year 1906. It is based at San Pedro Monterey, Mexico. Rogelia Zambrano Lozano and Fernando. A. Gonzalez are the chief executive officers of this company. The products served by this company are cement, concrete etc. It serves all over the globe and has about 4404 employees. It has the production capacity of 87.09 mt/yrs.
This is a global company that produces cement, clinker, concrete and construction aggregates. It was established in the year 1864 at Bergamo, Italy. It has the profit of about €45.8 million and total assets are estimated to be about €10.02 billion. It has a cement production capacity of about 80 Mt/year and employs about 20,700 people worldwide.
04. Heidelberg Cement:
It is one of the famous cement company in Europe. It was established by Johann Phillip in the year 1874. Bernd Scheifele is the chairman and chief executive officer of this company. It has more than 63000 employees. It has the annual profit of about 800 million Euro. It also gives the services like production of cement, ready mix concrete and aggregates. It has the capacity of about 121.11 Mt/year.
It was established in the year 1984 at Beijing, Peoples Republic Of China. Mr. Song Zhi Ping is the chairman of this establishment. It produces fibre glasses, gypsum, cement etc. There are more than 100000 employees who work for this company. This company is recognized as the largest producer of glass fibre in Asia. It has 176.22Mt/year capacity.
02. Anhui Conch:
This company mainly involves in cement and clinker production and sales. It is the largest manufacturer in Mainland China and was established in the year 1997. It is a state-owned company and has its headquarters at Wuhu Anhui. Guo Wensan is the chairman of this establishment with a manufacturing capacity of about 217.20 Mt/year.
This company is rendering a great service from about 183 years across the globe. This venture was started in the year 1833. It is headquartered at Paris, France. Eric Olsen is the chairman and chief executive officer of this company. There are more than 63000 employees in this company. It has its total asset of about 34.807 billion Euro. It produces and markets cement, ready mix concrete, aggregates etc. It has about 26 plants with a production capacity of 288.66 Mt/yr.
This was the list for the top 10 largest cement companies in the world 2018 that have gained worldwide recognition for their quality and superiority. These companies stand out in the mass with huge production and high income values under their belts. The list also throws some light on the amount of cement being produced by these large manufacturers of cement, thus quoting the total need of cement.