In a statement filed with Shanghai Stock Exchange, the company said another unit, Sinoma (Suzhou) Construction Co Ltd, has signed contracts worth CNY325m to build cement production lines for Guizhou Wujiang Cement Co Ltd. Another unit, Sinoma (Handan) Construction Co Ltd has also signed contracts with China New Era International Engineering Corp and Fujian Cement Co Ltd to build cement production lines, winning contracts worth CNY141.7m and CNY52.7m
Power costs drive Nigerian cement producers off-grid
Nigeria’s cement producers are increasingly relying on captive generation as unreliable grid sup...