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News China Resources Cement to divest of three units in Shanxi

China Resources Cement to divest of three units in Shanxi

Written by Global Cement staff 05 November 2018
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China: China Resources Cement plans to divest three companies it owns in Shanxi province. It intends to dispose of its majority stake and shareholder loans in Shanxi China Resources Fulong Cement, China Resources Cement (Changzhi) and China Resources Concrete (Lucheng). The subsidiaries will be sold in a public tender conducted through the Shanghai United Assets and Equity Exchange.

Shanxi China Resources Fulong Cement is based in Lvliang City and it operates a 4Mt/yr plant with two integrated production lines and four grinding lines. China Resources Cement (Changzhi) is based in Changzhi City and it operates a 2Mt/yr plant with one integrated line and two grinding lines. China Resources Concrete (Lucheng) operates a concrete batching plant.

Last modified on 07 November 2018
Published in Global Cement News
Tagged under
  • China
  • China Resources Cement
  • Divestments
  • Shanxi
  • Shanxi China Resources Fulong Cement
  • China Resources Cement (Changzhi)
  • GCW378

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