Cement News tagged under: Yantai Mitsubishi Cement
Mitsubishi Materials withdraws from China market18 April 2017, Published under Cement NewsMitsubishi Cement plans to pull out of the Chinese cement market as tighter environmental regulations take their toll and the supply glut hurts the company’s profitability, according to Nikkei Report. The Japanese nonferrous materials maker signed an agreement on 30 March to sell a cement company in Shandong Province for an undisclosed sum to an affiliate of state-run cement giant China National Building Material. Mitsubishi Materials holds a 66.67 per cent stake in the Shandong compan... |
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