 |
 |
||||||
[February 2007]
CRH Completes Purchase of Chinese Cement Plant
CRH plc has announced that, having received the necessary government approval, it has completed the purchase of a cement plant in Heilongjiang province, north-east China.As previously announced the plant, which will operate as Harbin Sanling Cement Company, is located in Xiaoling Township, approximately 45km south-east of Heilongjiang's largest city, Harbin (population: 9 million). Harbin Sanling is a modern plant with two clinker production lines and total cement capacity of 650,000 tonnes per annum.
In a comment, Liam O'Mahony, CRH Chief Executive, said: "We are delighted to have concluded our first acquisition in China, which provides the opportunity for CRH to participate in the large and growing Chinese building materials market".
www.crh.ie
ENDS