China Gezhouba to increase cement investment

China Gezhouba to increase cement investment
Published: 04 November 2008

China Gezhouba Group Company Limited, a state-owned company engaged in water resources and hydropower projects, is to have an investment increase in three cement production line projects, according to China Gezhouba Water & Power.

The company will lift its investment to CNY 570m from CNY 432.0736m in the 4,800tpd new dry-process cement lines of Gezhouba Ziling Cement Co., Ltd.; add its investment to CNY 600m from CNY439.6953m in the 4800tpd new dry-process production lines of Gezhouba Dangyang Cement Co., Ltd.; and raise its investment to CNY 390m from CNY 329.456m in the 2500tpd new dry-process production lines of Gezhouba Xingshan Cement Co., Ltd.