China National Materials Industry Group (Sinoma) is to target CNY 3.4
billion of sales in the Central China cement market of Hunan Province by
2010 developing a range of modern cement facilities. Sinoma signed a
framework agreement with Hunan Provincial Government in the
capital city of Changsha in the afternoon of September 27.
Sinoma will introduce some new technologies there, generating power with
waste heat by installing energy-saving and emission-reducing systems
including extensive use of household garbage.
Sinoma is to compete with its old rival, China National Building Material
Group Corporation, in Hunan, which established Hunan Nanfang Cement Co.,
Ltd. just a week ago.