China Resources Cement builds new plant to get RMB3bn revenue

China Resources Cement builds new plant to get RMB3bn revenue
Published: 03 June 2008

China Resources Cement is building a RMB3.9bn modern dry-process plant in Fengkai county in the province of Guangdong. The investment will be for six production lines at the plant as well as auxiliary developments such as a deep-water terminal of the 2000t class, six 9000kW cogeneration stations, a milling station and a conveyor. Each production line will produce 4500tpd of cement daily. The entire plant can produce 12Mt of cement worth RMB3bn annually and will generate year tax revenue of RMB480m. Phase one will cost RMB1.5bn of the total investment. There will be two production lines, a cogeneration station, a milling station, a conveyor and a deep-water terminal. The phase one output will be worth RMB1bn and will generate tax revenue of RMB160m yearly. The company currently owns seven cement plants in Guangdong province, Guangxi Zhuang Autonomous Region and Hong Kong, with a combined capacity of 14Mta.