China: BBMG acquires 60% stake in Hebei line

China: BBMG acquires 60% stake in Hebei line
Published: 02 January 2015


BBMG announced that the company held 60 per cent equity of Xingtai Yong Ning Cement through transference at a consideration of CNY245m (US$39.46m). Xingtai Yong Ning Cement owned two 2500tpd dry cement clinker production lines.