Cement News tagged under: China National Materials Group

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CNBM moves closer to full integration of 15 listed subsidiaries

11 October 2017, Published under Cement News

China National Building Materials Group Corp is moving closer to full integration with talks ongoing to integrate some of CNBM 15 subsidiaries listed both at home and abroad. Among the 15 publicly-traded companies, three are listed overseas. The move follows the announcement in September of a merger between CNBM Group and China National Materials Group Corp (also known as Sinoma), another state-owned building materials giant. According to a statement jointly released by the two companies e...

Ugandan government supports new cement plant

01 August 2017, Published under Cement News

China National Materials Group (Sinoma) is seeking to invest UGX1.8tr (USD500m) in a new cement factory to be located at Mbale Industrial Park in eastern Uganda, 225km from Kampala.   Details of the new plant have not been released and final approval will depend on the company securing the limestone deposit to supply the factory.   A Ugandan government delegation visited Beijing in July and confirmed its support for the project. “We will provide land, licence for limestone and other incen...