Taiwan Cement to build three plants in China in 2011
Taiwan Cement Corp, Taiwan’s leading cement producer, will begin construction of three cement plants in Sichuan and Guizhou provinces, China in 2011.
Taiwan Cement vice president C.C. Huang said the company will concentrate on production expansion in China in 2011, which will raise Taiwan Cement’s capital expenditure to approximately US$200m there.
Huang noted the new investments in China in 2011 will include the construction of a second-stage production line in Prosperity cement plant in Chongqing of Sichuan province, and plants in Guangan of Sichuan province and Anshun of Tsizhou province.
The construction of Anshun and Guangan cement plants will be completed in mid-2011, raising capacity by 4Mt. After the Anshun cement plant is completed, Taiwan Cement will right away launch a second-stage expansion.
With the plant expansion in China, Taiwan Cement will see total production capacity there total 60Mt in 2011.
Published under Cement News
