United States

Ningxia Building Materials Group units to set up cement JV and invest 39.9 mln yuan in cement grinding system project

Friday, 17 Nov 2017 03:59am EST 

Nov 17 (Reuters) - Ningxia Building Materials Group Co Ltd <600449.SS>:Says Wuhai-based cement unit will invest 9.7 million yuan to set up an Inner Mongolia-based cement JV with partners and hold 9.7 percent stake in the JV after transaction .Says Ningxia-based cement unit will invest 39.9 million yuan in cement grinding system update project . 

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