WISCO to establish slag cement joint venture
Wuhan Iron and Steel (WISCO) has announced that its wholly-owned subsidiary, WISCO Metal Resources, is to establish a joint venture with Singapore-based EnGro Corporation.
The Wuhan Wuxin New Building Materials joint venture, based in the Qingshan district of Wuhan, will produce and sell ground blast furnace slag (GGBFS).
Metal resources will hold a 67% stake in the new joint venture, which will have a registered capital of RMB 80 million (US$12 million). EnGro will hold a 33% stake.
Read the article online at: https://www.worldcement.com/asia-pacific-rim/28022011/wisco_to_establish_slag_cement_joint_venture/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, we are joined by Eoin Condren, Corporate Development Executive Director for Ecocem. Topics covered include: the importance of investing in innovation, the role of policy and legislation in supporting next generation cement products, and a look at some exciting new technologies.
Heidelberg Materials and Arup join forces to drive decarbonisation
Heidelberg Materials and global built environment consultancy Arup agree to collaborate under a Memorandum of Understanding (MoU).
