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West China Cement to set up cement joint venture

23 September 2019, Published under Cement News

West China Cement subsidiary West International, CIF-MOZ, Oceanic Star and Guhava have entered into a cooperation agreement to establish a joint venture for joint investment and construction of a cement production line in Mozambique. West International, CIF-MOZ, Oceanic Star and Guhava will contribute MZN60m, MZN21m, MZN14m and MZN5m, respectively, to the registered capital of the joint venture and will hold 60, 21, 14 and five per cent, respectively of JV equity interests, respectively. ...