Cement News tagged under: Shandong Shanshui Cement Group Ltd

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China Shanshui unit takeover

01 February 2016, Published under Cement News

China Shanshui Cement Group said it has taken over the headquarters of its main operating unit, Shandong Shanshui Cement Group Ltd, following a management dispute. The Chinese manufacturer "has smoothly taken over the headquarters and additional three factories” of the Shandong Shanshui Cement, with the assistance of the local police in the northern city of Jinan, it said in a filing dated 31 January. The firm, which defaulted on onshore debt last year, announced plans in January to repay...