Vice minister of Industry and Information Technology Xin Guobin recently led a delegation to investigate excessive cement capacity in Northeast China.
Xin urged local governments, industry associations and key enterprises to work together, further reduce excessive capacity, and try to reverse losses in the cement industry in the region.
Companies including Yatai Cement, Liaoning Daying Cement Group, Inner Mongolia Mengxi Cement Co., Ltd, Sunnsy Cement (00691.HK) and China Tianrui Group Cement Company Ltd (01252.HK) set up cement clinker production lines in Northeast China.
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