On December 24, CR Cement and the People’s Government of Suxian District, Chenzhou City, Hunan Province held a signing ceremony for Suxian District Green Building Materials Industrial Park and Circular Economy Industrial Park and a groundbreaking ceremony for the technical improvement project of Liangtian Cement’s clinker production line with a daily capacity of 5,000 tons, at Liangtian Cement Plant. Liu Zhiren, Secretary of Chenzhou Municipal Committee, Wu Jupei, Deputy Secretary of Chenzhou Municipal Committee and Acting Mayor of Chenzhou, Li Fuli, Vice General Manager of CR and Chairman of the Board of Directors of CR Cement, and relevant responsible persons of CR Cement attended the ceremony and witnessed the signing of the project between the two parties.

Chairman Li Fuli said in his speech that the project signing and groundbreaking today embarked the substantial construction of new projects invested by CR in Chenzhou. Adhering to the principle of win-win cooperation, priority in ecological protection and green development, CR Cement will work together with Chenzhou government to develop its projects in Chenzhou into first-class model projects and ensure the smooth construction and operation of the projects, so as to achieve both economic and social benefits.

The Suxian District Green Building Materials Industrial Park and Circular Economy Industrial Park project is designed to serve the development strategy of the rise of Central China and the Yangtze River Economic Belt, satisfy the development demands of “Three Highlands and Four New Missions” in Hunan Province and “One Pole and Six Districts” in Chenzhou City and practice CR’s development concept of “Lucid Waters and Lush Mountains are Invaluable Assets”. The above two parks will produce advanced fine aggregates and high value-added products by making comprehensive use of various mineral resources and solid wastes, with an estimated total investment of RMB10 billion, and are planned to be completed in two phases in five to eight years.

CR Cement holds 51% equity interest in Liangtian Cement, which was built in September 1987. The company has an annual production capacity of 2 million tons of cement. This technical improvement project will use the existing two new dry process cement clinker production lines with a daily capacity of 2,500 tons for capacity replacement, and build a new fully intelligent dry process cement clinker rotary kiln production line with a daily capacity of 5,000 tons, equipped with 9MW pure low-temperature waste-heat power generation system and other facilities and scheduled to be completed and put into operation in May 2023, within the original plant area.