China Shuangji Cement to boost production

As previously announced, China Shuangji expects that this new state-of-the-art cement plant will be operational by the end of the first week of October. This new cement plant in Zhaoyuan City, which is located approximately five miles from the Company's former facility, has a 1 million t capacity with direct access to a new highway that leads to many of China Shuangji's customers as well as to nearby ports. The company currently produces about 1.5 million t of high quality Portland cement from two facilities in Hainan province and one other facility in Shandong province. China Shuangji expects that its new Zhaoyuan cement plant will increase its production capacity by approximately 66% to 2.5 million t once it is fully operational, resulting in a commensurate increase in both sales and profits.

"Now that all the equipment is installed and operational, we are working to quickly ramp up cement production at our new Zhaoyuan City facility and bring it to full capacity by the end of the year," said Mr Wenji Song, Chairman and President of China Shuangji Cement Ltd. "We continue to see growth in the building sector in China, especially where we operate in Shandong and Hainan provinces. Increasing demand is being driven by construction of new buildings, bridges and infrastructure, fueled by government incentives and also from organic growth throughout the areas in which we operate." Mr Song added, "we are very excited to be shifting into this new and exciting rapid growth mode and are confident that there will be more than enough demand to continue to absorb all of our new production."

Read the article online at: https://www.worldcement.com/asia-pacific-rim/07102010/china_shuangji_cement_to_boost_production/