Home / Business / Real Estate Tools: Save | Print | E-mail | Most Read | Comment
CRH buys 26% of Jilin Yatai's cement operation
Adjust font size:

Irish CRH plc, the world' second largest building material group, said on Thursday it has completed the acquisition of a 26 percent stake in Jilin Yatai Group's cement operations (Yatai Cement) for 2.13 billion yuan (US$311 million).

Yatai Cement's operations comprise four integrated cement plants and four separate grinding stations in Jilin and Heilongjiang provinces in Northeast China.

Shanghai-listed Yatai Group is the largest cement maker in Northeast China, with an annual production capacity of 14 million tons.

The Irish building material giant bought a cement factory in Northeast China's Heilong province in 2006.

(China Daily January 9, 2009)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Sinoma establishes $88m cement plant in Gansu
- China, S.Korea, Japan vow to cement cultural ties
- China cement production sees slower growth in Jan-Nov period
- China, Romania agree to cement military ties

Jan. 8-9, Beijing Construction Innovation Country Forum Annual Meeting
Jan. 14-16, Nanjing China Expo Forum for International Cooperation
Jan. 29 - Feb. 1, Switzerland World Economic Forum Annual Meeting

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?