Cement News tagged under: Qinhuangdao Asano Cement

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Taiheiyo Cement to transfer equity stake in Qinhuangdao Asano Cement

18 September 2020, Published under Cement News

Japan-based Taiheiyo Cement announced that it would transfer the 71.99 per cent equity stake in its Chinese consolidated subsidiary Qinhuangdao Asano Cement to China's Qinhuangdao Changyang Concrete. A transfer price has not been disclosed, but the transfer is scheduled for the middle of September. After the equity transfer, Qinhuangdao Asano will no longer be a consolidated subsidiary of Taiheiyo Cement. Established in 1995 in Hebei province, Qinhuangdao Asano Cement has been producing cem...