Cement News tagged under: Zhongxia Cement

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China: Zhongxia Cement joint venture established

28 November 2014, Published under Cement News

China Gezhouba Group reports that its wholly-owned subsidiary Gezhouba Group Cement signed an agreement with Hubei Zhongxia Cement on 26 November, for a joint venture company that will restructure the businesses and assets of Zhongxia Cement. The venture, with a registered capital of CNY1.17bn (US$190.4m), will be engaged in production and sales of cement, clinker and fine slag powder and opencast mining of limestone for cement use. Gezhouba Cement will hold 51 per cent of the company thro...