China Shuangji Cement, Ltd, a leading producer of high-quality Portland cement in Shandong and Hainan Provinces in the People’s Republic of China (PRC), announced today that it has completed the installation of all the equipment at its new Zhaoyuan City cement plant and has been in full testing mode of all production lines for the past two weeks. The Company expects to complete testing in approximately two more weeks.
Mr. Wenji Song Chairman of China Shuangji stated, "We are and all our clients are very excited now that all the equipment has been installed and we are about halfway through the testing phase. If all goes as we are expecting it to, we should be in full production mode in the very near future. I want to personally thank everyone involved, especially the government of Zhaoyuan, our shareholders, customers and employees, for all their hard work and patience. We are looking forward having the plant operational soon."
China Shuangji’s new state-of-the-art cement plant is located about five miles from the Company’s former facility and has a 1Mt capacity with direct access to a new highway that leads to many of its customers as well as to nearby ports. China Shuangji currently produces about 1.5MT of high-quality Portland cement from two facilities in Hainan province and one other facility in Shandong province. The company expects that its new Zhaoyuan cement plant will increase its production capacity by approximately 66% to 2.5Mt once fully operational, resulting in a commensurate increase in both sales and profits.
Mr. Song added, "We have already been testing the equipment at our new Zhaoyuan City cement plant for the past two weeks to ensure that everything is integrated and working properly before we officially open the facility. We are excited to reach this stage and expect to complete our testing in approximately two weeks. There is continued strong demand from local contractors for all our new capacity coming online and we look forward to ramping up production as we execute on our strategy to become a major cement player in China and the leading supplier of high-grade bulk cement in both Shandong and Hainan provinces."