Qinling denies talks with Huaran Cement, China

Qinling denies talks with Huaran Cement, China
Published: 26 June 2007

Shaanxi Qinling Cement (Group) Co Ltd made a clarification announcement on June 25 that it has never talked with Huarun Cement on cooperation.

Recent market hearsay disclosed that Qingling Cement had negotiated with Huarun Cement, a subsidiary of the state-owned company Huarun Group, on cooperation.

It said that Huarun Cement, which has laid a firm foundation in south China’s Guangdong Province and the Guangxi Zhuang Autonomous Region, tents to squeeze into northwest market through tie-up with its counterpart.