Lafarge Shui On Cement sets up Guizhou business unit

Lafarge Shui On Cement sets up Guizhou business unit
Published: 25 April 2006

Lafarge Shui On Cement, a joint venture between the world-leading cement producer Lafarge and Shui On Construction And Materials Limited (SOCAM), a member of Hong Kong’s Shui On Group, created on 11 August 2005, recently founded its Guizhou Business Unit in the provincial capital city of Guiyang in southwestern China. 
 
Since the entrance into China market earlier in 1994, the France-based Lafarge has already established four large-scale joint venture cement plants in Beijng, Sichuan Province and Chongqing Municipality, as well as seven roofing plants and two gypsum material production bases there. 
 
Shui On Group has now grown to be a diversified group engaged in property development, construction and construction materials with interests in Hong Kong and the Chinese Mainland, shortly after its establishment in 1971. 
 
 SOCAM has been one of the most important cement producers in Southwest China, especially in Guizhou province, and therefore has accumulated abundant local market experience there.