Co., Ltd. on the signing of the EPC contract between the company and Holcim Philippines, Inc. shows that on December 11, 2018, Huaxin Cement Co., Ltd. Huaxin Cement Co., Ltd. (Hereinafter referred to as "Company" or "Huaxin Cement") and Holcim Philippines, Inc. (Hereinafter referred to as "HPI") intend to enter into the Kalayaan 2 EPC Agreement (hereinafter referred to as "EPC Agreement"). The total contract price of the project is $245 million, of which: the company builds a 6000-ton/day cement clinker production line for HPI at a price of $175 million; the company builds a 7MW waste heat power generation project for HPI at a price of $12 million; The company revamped a 3,000 t/d cement clinker production line for HPI at a cost of $58 million.
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