Asia Cement has announced plans to build a new plant 10Mta plant in Handan, Hebei province, marking the Taiwan-based producer’s first foray into the North China Market.
Taiwan Economic News reported Asia Cement vice chairman, TS Chang , as saying that the new plant will have a capacity of 10Mta, comprising two kiln lines, and will be operational by 2015. The project is expected to cost TWD20bn (US$670m).
Currently, Asia Cement’s investments in China are concentrated in the central and southwestern regions of the country, including Wuhan (Hubei Province), Nanchang (Jiangxi Province), Jiujiang (Jiangxi Province), Chengdu (Sichuan Province), Yangzhou (Jiangsu Province), and Huanggang (Hubei Province). Together, these plants have a total of 11 of kilns.
Published under Cement News