Investment in several cement clinker production line projects in Guizhou is in progress

2024-02-02 14:08:38

On January 31, the Guizhou Development and Reform Commission issued a list of 2000 key private investment projects in Guizhou Province in 2024.

On January 31, the Guizhou Development and Reform Commission issued a list of 2000 key private investment projects in Guizhou Province in 2024.

These include the technical transformation and construction project of cement production line with a daily output of 6000 tons of clinker in Southwest Guizhou , the new dry process cement production line project with a daily output of 4500 tons of cement clinker in Huangping Jianfeng Cement, Fuquan Wengfu Phosphogypsum Decomposition Project to Produce 650,000 Tons/Year Sulfuric Acid and Co-produce 600,000 Tons/Year Cement Clinker, Taini Zhongrun (Anshun) Environmental Protection Technology Co., Ltd. 100,000 Tons/Year Fly Ash Resources Comprehensive Utilization Project, etc.

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On November 21, the Western Construction (002302) issued a prospectus for issuing stocks to specific targets in 2021. The company plans to introduce Conch Cement as a strategic investor through this issue, and Conch Cement will subscribe for 183 million shares, accounting for 12.48% of the total equity after the issue, becoming the second largest shareholder. The purpose of this issue is to optimize the capital structure, supplement liquidity and repay bank loans, which is expected to bring the company an annual increase of 8.85 billion yuan in operating income and a total profit of 708 million yuan, up 38.71% and 78.23% respectively from 2023.