First Sino-French Cement Plant Operational

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Last updated at: (Beijing Time) Monday, February 04, 2002

First Sino-French Cement Plant Operational

The first big cement plant to be jointly set up by a Chinese and a French firm opened Sunday in Sichuan Province, southwest China.

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The first big cement plant to be jointly set up by a Chinese and a French firm opened Sunday in Sichuan Province, southwest China.

With the capacity to produce 1.4 million tons of high performance cement each year, the plant cost 1.3 billion yuan (158million U.S. dollars).

Located in Dujiangyan city, the joint venture, or Lafarge Dujiangyan Cement Co., is 75 percent owned by the French company Lafarge, the world's biggest building material producer, with its Chinese partner owning the remaining shares.

China Building Material Tangshan Corp. won the contract to construct the plant and 80 percent of the production equipment installed in the plant was made in China.

Wen Yingyong, president of Lafarge's China operations, said he is satisfied with the China-made equipment and the performance of the builders and installation workers.

Experts say the plant has good prospects now that China has launched the ambitious development strategy in its vast but less developed western areas, which include Sichuan.

High-performance cement makes up less than 10 percent of the 500 million tons of cement produced in China, the biggest cement producer in the world, and market demand for high-performance cement has been growing rapidly.

Cement producers from Japan and the Republic of Korea have already established cement plants in China.

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