Cement News tagged under: Tongling Shangfeng Cement
Tongling Shangfeng to enter Kyrgyzstan13 August 2014, Published under Cement NewsTongling Shangfeng Cement, a subsidiary of Gansu Shangfeng Cement, has signed a letter of intent to acquire an equity stake in Zeth Cement of Kyrgyzstan. The Chinese-based company aims to join forces with investor Zhu Rongjun to develop a cement and clinker line with a capacity of 3000tpd. Tongling Shangfeng will have a 58 per cent stake in Zeth while Zhu will hold the remaining 42 per cent. |
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