Tianshan Cement to invest in Xinjiang region, China

Byyyp

Updated Mon, 17 Dec 2012 00:00:00 GMT

Xinjiang Tianshan Cement Co Ltd, a Shenzhen-listed cement producer, announced today that it will invest a CNY985m (US$157.6m) to expand its business in Xinjiang Uyghur Autonomous Region.

Tianshan Cement will invest CNY87m to build cement production lines for two subsidiaries in Lop County and Fukang City. Tianshan Cement will invest an additional CNY98.07m to develop a limestone project in Aksu City.