Cement News tagged under: Zhejiang Shangfeng Building Materials
Zhejiang Shangfeng to acquire majority stake in cement producer02 September 2019, Published under Cement NewsChina’s Zhejiang Shangfeng Building Materials Co is set to acquire a 65 per cent stake in Ningxia Mingfeng Mengcheng Building Materials Co, a producer of general Portland cement, clinker and special cement. The total value of the deal is CNY196.65m (US$27.76m). After completion, Ningxia Mingfeng is expected to become a holding subsidiary of Zhejiang Shangfeng. The acquisition will reportedly allow Zhejiang Shangfeng to increase the scale of the industry, enrich the product structure and enh... |
Gansu Shangfeng Cement in Kyrgyzstan joint venture18 November 2014, Published under Cement NewsGansu Shangfeng Cement Co says its wholly-owned Zhejiang Shangfeng Building Materials unit is to set up a joint venture with ZETH International in Kyrgyzstan with registered capital of CNY200m (US$32.66m). Gansu Shangfeng Cement Co says its wholly-owned Zhejiang Shangfeng Building Materials unit is to set up a joint venture with ZETH International in Kyrgyzstan. The joint venture will build a 2800tpd clinker production line in Chuy, Kyrgyzstan involving a total investment cost of US$11... |
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