CRH completes purchase of Chinese cement plant
09 February 2007
CRH plc is pleased to announce that, having received the necessary government approval, it has completed the purchase of a cement plant in Heilongjiang province, northeast China.
As previously announced the plant, which will operate as Harbin Sanling Cement Company (“Harbin Sanling”), is located in Xiaoling Township, approximately 45 km southeast of Heilongjiang’s largest city, Harbin (population: 9 million). Harbin Sanling is a modern plant with two clinker production lines and total cement capacity of 650,000 tonnes per annum.
In a comment, Liam O’Mahony, CRH Chief Executive said: “We are delighted to have concluded our first acquisition in China, which provides the opportunity for CRH to participate in the large and growing Chinese building materials market”.
Contact CRH at Dublin 404 1000 (+353 1 404 1000)
|Liam O’Mahony ||Chief Executive |
|Myles Lee ||Finance Director |
|Éimear O’Flynn ||Head of Investor Relations |
|Maeve Carton ||Group Controller |