China Resources Cement (CRC) has agreed to acquire a 100% equity interest in Hainan Wuzhishan Dajiangnan Cement Ltd. Hainan Wuzhishan Dajiangnan Cement operates a 0.6 million t/a grinding plant in Maoyang Town, Wuzhishan City, Hainan Province. CRC said it believes that the acquisition will expand the strategic locations of its business and increase its presence in the Hainan market in south China.
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