[Video] 1.3 billion! Huaxin Cement intends to acquire a cement plant! Chinese cement enterprises enter the Middle East market for the first time!

On March 13, Huaxin Cement announced that it intends to acquire 59.58% of a cement manufacturer in Oman, a Middle East country, with a transaction consideration of about RMB 1.325 billion. The main business of the

company is cement production and sales, with clinker production capacity of 2.61 million tons per year and cement production capacity of 3.6 million tons per year. The successful implementation of this project is the first time that the company and even Chinese cement enterprises have entered the Middle East market.