Tangshan Jidong announces multiple investments

Heavy Industry

Friday, October 10, 2008 21:07:38

	Tangshan Jidong announces multiple investments By STAFF EDITOR Published: June 13, 2008 05:11 PM Tangshan Jidong Cement Co (000401.SZ), a listed unit of Hebei Jidong Cement Group, said Friday that it will boost its investment in Inner Mongolia Jidong Cement Co, build new assembly lines in Inner Mongolia and Tangshan, and acquire a stake in the Tangshan-Chengde railway line, the Securities Times reported. Tangshan Jidong will inject $22.29 million (RMB154 million) into its 77.11%-controlled Inner ... You are currently reading 61 words of 187 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: investment , cargo , railway	More Articles in Heavy Industry > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Cement investment skyrockets, demand set to slow Henan Tongli Cement withdraws from Zhengzhou JV Xiamen shipbuilder plans mainland listing Private sector makes inroads into Chinese shipbuilding industry Tyco eyes 50% global revenues from China in 5 years Logistics sector faces internal and external challenges Sany Group merges subsidiaries

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