China: China Resources Cement has entered into a strategic co-operative framework agreement with Jianhua Construction Materials (China) Investment Company Limited regarding the supply of cement for a term of five years.
Jianhua will give priority to China Resources Cement for the purchase of cement in all regions where both parties have established production facilities. China Resources Cement will ensure the timely delivery of the required grades and quantities of cement as required by Jianhua at the most 'favourable' market prices.
Jianhua is the largest concrete pile manufacturer in China in terms of production capacity, sales volume and the market share.