Western Construction intends to cooperate with the Qian'an 2.4 billion investment to build a green building materials industrial park project

Published: 20:22:52 2015/5/20 20:22:52  Views: 1111

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Zhongzheng Wang News Western Construction (0,023,025 March 20 evening announcement said the company recently with the Qian'an City People's Government signed a strategic cooperation agreement << >>, the company will invest in mining solid waste comprehensive utilization of green building materials in their jurisdiction to industrial park projects with a total investment of about 2.4 billion yuan.

Under the agreement, during the thirteenth five-year plan, the company plans to build a total investment of 2.4 billion yuan of green building materials industrial park project in Qian'an. One of the plans to use four years to invest 800 million yuan to build in Qian'an annual output of not less than 40 million tons The construction aggregate production base, two use 3--5 years to invest 1.6 billion yuan to build energy-saving materials and silicate products manufacturing base, the new environmentally friendly building materials research and development base, complete the overall layout of the industrial park.

Western Construction said the agreement will help increase the supply of stone support capabilities, provide strong support for the development of the company's main business of concrete, enhance the company's profitability and improve the company's 'R & D - Resources - processing - sales - service' industrial chain enhance the company's competitive strength and influence in the industry. At the same time, investment in the construction of industrial park project is the company cut industrial solid waste comprehensive utilization of resources an important strategic layout, is an important measure of the company actively practices to upgrade and expand the industrial chain.

Western Construction is one of only two concrete listed companies, companies in 16 provinces and cities nationwide have sales outlets, including Xinjiang, Sichuan, Hubei, the 'pillar area' (selling more than 500 Articles, Shaanxi, Guizhou, Hunan Tianjin as a 'strategic area', Yunnan, Gansu, Henan, Chongqing, Anhui and other places to 'seed region.'

Analysts believe that the company and the Qian'an Municipal Government signed a 2.4 billion green building materials industrial park project, while ensuring the company's main source of raw materials concrete industry, open up the market in Hebei, more importantly, the company crossed the border into the field of solid waste comprehensive utilization , will provide a new profit growth point.

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