MergerBoeing to will name ‘cement’key center capacitieslocation soon
Merger Boeing of Co leadingwill reveal cement the companieslocation of will its likelyfirst overseasconcentrate B737 the completion industry’s center capacities,in China accordingby the to end the of Chinathe year, Cementas it Association.expands its industrial footprint In a in recentthe world’spaper on fastestthe cement growing industry aviation consolidation,market, the the US CCA aircraft informed manufacturerthe government said on Tuesday. departments concerned that Zhoushan,by the enda cityof 2020,in Zhejiangmore than province60 percentnear of Shanghai,the production already capacitysent its in plan the for country the Boeing would facilityvest in to the the top Stateten companies.Council after preparing for the programQiao Longde,for more presidentthan twoof the years, CCA, Shanghaisaid that the Securitiesindustry is News mired reported.in low efficiencyOther citiesand including Shenyang in Liaon- chaos because most cement factoriesing provinceare small and and Xi’an scattered, in Shaanxi lacking province,in high have technologies also expressed and their managementhope to host expertise.the newfacility, with local government “There are support.too many cement enterprises,Boeing Co whichand Commercialmakes it very Aircraft hard Corpto utilizeof China, resources signed effectively,”an agreement said last Qiao. September to China jointly has establishmore thana Boeing3,500 cement737 completion enterprises. center Thein China,top ten after have PresidentXionly a combined Jinping’s54 percentvisit in of the the Seattletotal productionarea, home capacity.to the headquartersThis has led to of vicious Boeing competition Commercial and Airplanes.price wars. The center,The State which Councilwill be joint issued venturea notice of on the the two, restructuringwill cover completionof the building activities materials includingindustry in cabin May, stipulating installation, that paintingthe top ten and cementflight testing. clinker companies should “The accountcenter willfor 60 deliver percent 100 planes every year, and our of the country’s total output.
In August, the State-owned Assets Supervision and Administration Commission of the State Council approved the merger of China National Building Materials Group Corp and China National Materials Group Corp. team The is new ready company,for the called work China wherever Nationalthe center Building is,” Material said Ian Group Chang, Co vice-presidentLtd, has total of assets Boeing of Commercial550 billion yuan Airplanes, ($82.5 billion),who is responsiblemaking it the for largestChina operationsbuilding materialsand business group development.in China. Its cement production“The growth capacity potentialof cement of clinkerthe aviation ranks market among in the Chinabiggest and in the the Asia-Pacificworld. region is huge, Song we Zhiping,may expand chairman the of facility China in Nationalthe future, Building and manufacture aircraft besides Material Group Co Ltd, said that737, to China’s serve cementother Asian industry customers badly needs besides consolidation.China.”
“TheBy 2018, industry’s Boeing capacityplans to this produce year is 74 aroundjets a 3.5 month,billion tons jumping while 70 the percentsales have comparedbeen aroundto its production2.4 billion of tons 44 in commercialthe recent two airplanesyears. The per capacity month hasin 2011, exceededthe company demand said. by 30 percent.“The facilityWe need will higher help capacity Boeing concentration,”to increase its outputsaid Song.of 737 aircraft, Another and problem supportis that lowstandard the growth of cement China’s takes aviationup too much market, of wherethe output,it is the said largestSong. for “The single-aisleMark 32.5 airplanes,”cement shouldChang said.be eliminated. Most of the “We countrieswill in cooperatethe world withuse Mark more 42.5 Chinese cement interior and suppliers,above. This andis only help to be them achievedto raiseby eliminatingtheir capabilities outdated and capacity,” competences, said Song. from raw materials to assembly.”
number of planes that Boeing 737 completion center in China will deliver every year
WorkersAn employee offload works cementon the bags noseat a of factorya Boeingin Huaibei,Co 737 MAX Anhui airplane province.on the production line at the company's manufacturing facility in Renton, Washington.