China Runji Cement Inc receives government grant

China Runji Cement Inc receives government grant
Published: 15 January 2009

China Runji Cement Inc, a leading producer and distributor of cement in Anhui Province of China, today announced that the Company has received RMB 3,650,000 (US$528,986) or 60% of a government grant totaling RMB 6,075,000 (or US$ 880,435) on January 13, 2009.

The grant was given to CRJI as a result of the endorsement of its waste heat power generator by the National Development and Reform Commission (NDRC) in the NDRC’s 2008 Energy-saving & Technical Reform Fiscal Allowance Project Plan.