China cement

25 April 2008

China: Switzerland-based materials company Holcim has raised its stake in Chinese cement producer Huaxin Cement Co. (HCC) from 26.1% to 50.3%. The company paid US$ 125 million to increase its ownership through the purchase of new privately-placed shares. HCC has the capacity to produce 22 million tonnes of cement per year, just over 2% of China's estimated 1 billion tonne market.

Latest News
Steil Kranarbeiten doubles up for precision lift
City class cranes offered the necessary agility and precision for a tricky factory lifting job
Big Grove crane order for Poland
Polish crane rental company expands fleet with 21 new all terrain cranes
CTE signs up with Vermeer
Vermeer to become distributor for CTE lifts in southern US states