Cement News tagged under: Jiangnan-Onoda Cement Corp

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Taiheiyo’s Jiangnan-Onoda suspends cement business in Nanjing, China

01 March 2023, Published under Cement News

Taiheiyo Cement Corp announced that its consolidated subsidiary Jiangnan-Onoda Cement Co Ltd has decided to suspend the cement manufacturing and sales business in Nanjing City, China. The competitive environment in China has become increasingly challenging due to the technical advances in local capital and the expansion of the scale of its production base. Therefore, Taiheiyo Cement has decided to suspend the operations of Jiangnan-Onoda Cement to focus on the policy set out in the group...