Qingsong Building Materials acquires cement company in Xinjiang

Print this page

China: Xinjiang Qingsong Building Materials & Chemicals has acquired a 31.6% stake in Yili Nangang Building Materials for US$27.7m. After the acquisition, Qingsong Building Materials' stake in the Xinjiang Uyghur Autonomous-based company has increased to 51%, further expanding its market share in the region.

URL: https://globalcement.com/news/item/2092-qingsong-building-materials-acquires-cement-company-in-xinjiang

© 2021 Pro Global Media Ltd. All rights reserved.