The total investment is 300 million yuan! Yadong Cement signed a new project

2024-11-05 14:12:05

This time, Huanggang Yadong Cement Co., Ltd. cooperated with Wuxue City Investment and Development Group Co., Ltd. to build a new construction aggregate production line with an annual output of 10 million tons, which can realize the comprehensive utilization of dolomite associated mineral resources in mines.

On October 26, the 18th Hubei-Wuhan Taiwan Week opened in Wuhan, focusing on the theme of "Hubei-Taiwan Family Integration Towards the Future", discussing how to deepen cooperation between Hubei and Taiwan and promote cross-strait integration and development. In the centralized signing ceremony of Taiwan-funded projects at the opening ceremony, Huanggang Yadong Cement Co., Ltd., a Taiwanese-funded enterprise in Wuxue City, and Wuxue City Investment and Development Group Co., Ltd.

This time, Huanggang Yadong Cement Co., Ltd. cooperated with Wuxue City Investment and Development Group Co., Ltd. to build a new construction aggregate production line with an annual output of 10 million tons, which can realize the comprehensive utilization of dolomite associated mineral resources in mines. The total investment of the

project is planned to be 300 million yuan, with an annual output value of 500 million yuan and a tax payment of 100 million yuan.

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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.