Sinoma sees large market potential in Hunan province
China National Materials Industry Group (Sinoma) is to target CNY 3.4 billion of sales in the Central China cement market of Hunan Province by 2010 developing a range of modern cement facilities. Sinoma signed a framework agreement with Hunan Provincial Government in the capital city of Changsha in the afternoon of September 27.
Sinoma will introduce some new technologies there, generating power with waste heat by installing energy-saving and emission-reducing systems including extensive use of household garbage.
Sinoma is to compete with its old rival, China National Building Material Group Corporation, in Hunan, which established Hunan Nanfang Cement Co., Ltd. just a week ago.