Cement News tagged under: Huaxin Cement
China Huaxin Cement changes investment plant25 April 2012, Published under Cement NewsHuaxin Cement said it will terminate plans to invest in 10 concrete projects and will use CNY172.56m of the uninvested funds on seven new projects, reports Yicai, citing a company filing yesterday. According to the announcement, the amount spent on the 10 projects totalled CNY9.91m. The land-use rights it already bought will be transferred, while the equipment purchased will be used for the new concrete projects. Huaxin Cement intends to fully acquire five concrete producers, including Ji... |