Two enterprises in Shandong complement cement grinding capacity

2024-07-12 09:44:01

The completed cement grinding stock projects of Quantou Group Zaozhuang Jinqiao Rotary Kiln Cement Co., Ltd. and Dezhou Zhonglian Daba Cement Co., Ltd. should be supplemented according to the capacity substitution policy at the time of project establishment.

On July 10, the Shandong Provincial Office of Industry and Information Technology issued a public announcement on the completion of production capacity of Quantou Group and Dezhou Zhonglian Dam Cement Grinding Production Line. According to the requirements of the Notice on Issuing Several Measures to Resolutely Curb the Blind Development of "Two High" Projects (Lu Zheng Ban Zi [2021] No.98) and the Implementation Measures for Replacement of Cement Grinding Capacity in Shandong Province (Lu Gong Xin yuan [2022] No.53), The completed cement grinding stock projects of Quantou Group Zaozhuang Jinqiao Rotary Kiln Cement Co., Ltd. and Dezhou Zhonglian Daba Cement Co., Ltd. should be supplemented according to the capacity substitution policy at the time of project establishment.

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Adani is also a big man in the Indian cement industry and is the second largest cement producer in India. He entered the industry in 2022 with the acquisition of Holcim's cement business in India, which acquired about 70 million tons of cement per year for $10.5 billion. Adani plans to expand its annual cement production capacity to 140 million tons by 2028. Adani has previously invested $1.6 billion to acquire Sanchi Cement and Penna Cement, and is expected to acquire an additional 21 million tons of production capacity.