Cement News tagged under: Shanghai Allied Cement

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Shanghai Allied Cement joint venture, China

16 February 2012, Published under Cement News

Allied Cement said Shanghai Allied Cement (SAC) agreed to set up a 50-50 joint venture with Shanghai Building Material (Group) General Company aiming at commencing construction of the Bailonggang Project in Shanghai by the end of 2012. The total investment of the joint venture CNY1.98bn and registered capital joint venture will be CNY800m. Shanghai Building Material and Shanghai SAC agreed to establish the JV to operate and manage the Bailonggang Project, involving the development of new ...