Nepal’s newest addition
The inauguration of a new 6000tpd production line saw Hongshi Shivam enter the Nepalese cement market. Plans for a second 6000tpd line are already being made. Hongshi Group, one of the joint venture partners, takes us through the project. By Hongshi Group, China.
The inauguration of Hongshi Shivam Cement’s 6000tpd production line in Nawalparasi, Nepal
Hongshi Shivam Cement Pvt Ltd is a 70:30 joint venture established by Hongshi Group of China (70 per cent) and Shivam Cement of Nepal. The venture represents a total investment of US$360m and is considered a key project for the Hongshi Group, which will supply cement to China’s Belt and Road Initiatives.
