2010/12/07

"CR Cement embarks on expansion course" from South China Morning Post

"Calls to curb the massive loan growth on the mainland are not stopping China Resources Cement Holdings from building what will become possibly the world's biggest cement plant and doubling production capacity.

"By 2012, we will have the world's biggest cement plant in Fengkai," said the company's strategic development director, Max Yu Zhongliang."


"The Fengkai plant is next to the Xijiang or Western River. China Resources invested 1.2 billion yuan in a cargo terminal to transport cement from the plant by river. It was seven times cheaper to transport cement by river compared to trucks, Hu said.

Next year, the river terminal would start shipping fine stones, or aggregate as it is known in the industry, to Hong Kong as a raw material for construction projects, Yu said."

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