Cement News tagged under: Gansu Shangfeng Cement Co
Shangfeng Cement to raise funds for expansion29 September 2015, Published under Cement NewsChinese cement producer Shangfeng Cement Co Ltd announced Tuesday to raise no more than CNY1.5bn (US$235.78m) via private placement for overseas expansion. The company will issue no more than 161.12m shares at a price of 9.31 yuan per share. The money will be earmarked to invest in two overseas projects including a 3200tpd line in Tajikistan and a 3200tpd line in Uzbekistan. According to the feasibility study report, the annual revenue and profit of the production line in Tajikistan is ex... |
Gansu Shangfeng Cement in Kyrgyzstan joint venture18 November 2014, Published under Cement NewsGansu Shangfeng Cement Co says its wholly-owned Zhejiang Shangfeng Building Materials unit is to set up a joint venture with ZETH International in Kyrgyzstan with registered capital of CNY200m (US$32.66m). Gansu Shangfeng Cement Co says its wholly-owned Zhejiang Shangfeng Building Materials unit is to set up a joint venture with ZETH International in Kyrgyzstan. The joint venture will build a 2800tpd clinker production line in Chuy, Kyrgyzstan involving a total investment cost of US$11... |
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