BBMG China to acquire new plant
BBMG Corp, a leading cement producer and property developer headquartered in Beijing, announced recently that it plans to buy a cement production line from a Henan Province-base cement producer for RMB350m, China Industry Daily reported.
The production line is located in Shanxi Province and has a clinker capacity of 3000tpd. Following the deal, BBMG expects its annual cement production capacity to expand by 1.5Mta.
Published under Cement News
