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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  China Shanshui Cement Group Limited    691   KYG2116M1015

CHINA SHANSHUI CEMENT GROUP LIMITED

(691)
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China Shanshui Cement : Shanshui Cement signs cooperation agreement

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06/03/2019 | 01:29am EDT

[ET Net News Agency, 3 June 2019] China Shanshui Cement Group Limited (00691) said the

company and China Conch Venture Holdings Limited (Conch Venture) (00586) have entered into

a strategic cooperation agreement.

Both parties have initially reached an intention on joint development of the projects of

collaborative treatment of industrial solid and hazardous waste by cement kilns in the

areas covered by the relevant enterprise production lines of the cement clinker base of

the group and joint construction of upstream and downstream industrial chains.

The cooperation will involve discussion on the use of the group's cement kiln resources

in regions such as Shandong and Northeast China, and leveraging on Conch Venture's

advantages in technologies and management of collaborative treatment of solid waste by

cement kilns, to develop a strategic cooperation platform for collaborative treatment of

solid waste by cement kilns, as well as the integration of quality resources, striving to

form a complete industrial chain of solid and hazardous waste.

The board expects that the cooperation intention will benefit the consolidation of the

Group's market position. (RC)

(c) 2019 ET Net Limited. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
CHINA CONCH VENTURE HOLDINGS LIMITED 1.76% 34.6 End-of-day quote.1.32%
CHINA SHANSHUI CEMENT GROUP LIMITED 4.31% 2.18 End-of-day quote.-0.46%
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