[Original] China, Venezuela to Jointly Build Three Cement Plants

2015-01-12 11:16:12

Recently, during his state visit to China, Venezuelan President Maduro signed a joint venture with China to build three 2500t/d cement plants in Venezuela. However, the details of the investment have not yet been given.

   Recently, during his state visit to China, Venezuelan President Maduro signed a joint venture with China to build three 2500t/d cement plants in Venezuela. However, the details of the investment have not yet been given.

   Venezuela is currently facing a financial crisis due to the fall in oil prices.

   During the Venezuelan President's visit, China has agreed to invest US $20 billion in the country's economic, social and oil-related projects.

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Recently, during his state visit to China, Venezuelan President Maduro signed a joint venture with China to build three 2500t/d cement plants in Venezuela. However, the details of the investment have not yet been given.

2015-01-12 11:16:12

From the past situation, off-peak production is more like a "palliative" to alleviate the plight of the industry, rather than a "cure" to solve the problem of overcapacity. Under the general trend of deep adjustment of the industry, it will eventually complete its historical mission.