China Information

Wednesday, January 03, 2007

Fortune 500 Enterprise Lafarge Settled Down in Yongchuan, Chongqing

Recently, on behalf of Lafarge Rui An Cement Ltd. Lu Liang, president of Lafarge Rui An Cement Ltd. (Chongqing), held a signing ceremony of the program of precalcining technique in cement production with Tang Jianhua, chief of Chongqing Yongchuan District, which marked the official settling down of Fortune 500 French Lafarge Group in Yongchuan.
It was known that this program would be jointly funded and established by Chongqing Can Tian Cement Ltd. and Lafarge Rui An Cement Ltd. in line with the Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures. The initial investment of this program is estimated to reach RMB700m.

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