Xishan Coal to invest cement joint venture

Xishan Coal to invest cement joint venture
25 October 2011


Shanxi Xishan Coal and Electricity Power and Huatong Bridge Group plan to set up a joint venture, Shanxi Xishan Huatong Cement, which plans to establish a cement works with a daily clinker capacity of 4500tpd. Once operational, the plant will be able to produce 1.4Mta of clinker and 2.26Mta of cement.

Annual profits are expected at around CNY115m on a revenue of CNY443m. The facility has a forecast breakeven period of 7.77 years.
Published under Cement News