Anhui to boost capacity by 9.6Mta, acquisitions planned

Anhui to boost capacity by 9.6Mta, acquisitions planned
29 August 2011


Anhui Conch plans to purchase an 80 percent stake in Guangxi Sihe Industry and Trade and stakes in several subsidiaries of Shaanxi Zhongxi Cement Group for a total of CNY600m (US$94m), reports yicai.com, citing a company filing.

Sihe Industry owns a new dry-process cement clinker production line with capacity of 4000tpd a cement grinding system with capacity of 2.4Mta, and 9MW of waste heat power generation units.

Zhongxi Cement’s subsidiaries possess clinker capacity of 7.2Mta, and cement production capacity of 9Mta.
Published under Cement News