Cement News tagged under: Gansu Shangfeng Cement Co
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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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