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News Chinese ambassador denies links with Sinocem Costa Rica

Chinese ambassador denies links with Sinocem Costa Rica

Written by Global Cement staff 13 November 2017
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Costa Rica: Tang Heng, the Chinese Ambassador to Costa Rica, has confirmed that Sinocem China has ended all commercial relations with Sinocem Costa Rica. The statement was made due to an investigation into alleged irregularities and lobbying involving the owner of Sinocem Costa Rica, Juan Carlos Bolanos, and certain officials of state-owned bank Banco de Costa Rica, according to La Nación newspaper. According to Heng, Hangzhou Sinocem Building Materials said in July 2017 that Sinocem China had stopped supplying cement to Sinocem Costa Rica as the latter allegedly purchased cement from other Chinese cement suppliers and continued to use the Sinocem brand on packaging without its permission.

Last modified on 15 November 2017
Published in Global Cement News
Tagged under
  • Costa Rica
  • US
  • China
  • SInocem
  • Legal
  • Investigation
  • Import
  • GCW328

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