I. A Survey of the Project
i. Category: expansion project; building material industry.
ii. Construction content: to construct a 5,000 tons/day of cement clinker production line.
iii. Construction conditions: the limestone needed by the project is from Hongtaoshan Mountain, Shuozhou City, Shanxi Province, where the reserves of limestone reach 168.06 million tons. With high content of calcium and low content of alkali, the limestone is really quality raw material for dry process cement, all of which can be used in producing low-alkali cement. In addition, other resources like coal and electricity are also rich.
iv. Construction condition: located at the foot of Hongtaoshan Mountain, Shuozhou City, Shanxi Province.
v. Production techniques: to adopt the most advanced 5-level low pressure loss off-kiln decomposition process in the production of cement of China and use mainly domestic equipment on the premise of stable production.
vi. Construction period: 18 months.
vii. Investment budgetary estimate: 430 million Yuan.
viii. Economic benefits prediction: annual output: 1.5 million tons of cement clinker; sales income: 285 million Yuan; tax: 39 million Yuan; after-tax profits: 30 million Yuan.
II. Mode of Construction
All joint venture, mutual share-holding, or stock ownership controlling will do.
III. Construction Advantages
i. Rich resources. The reserves of limestone reach 168.06 million tons; and Shuozhou City is a key base of coal and electricity production in Shanxi Province.
ii. Convenient traffic. Located on the Datong-Puzhou Railway, Shouzhou City is connected by developed highway and railway networks with Beijing in the east direction, and Inner Mongolia, Ningxia, Gansu to the west and north. In addition, there is no large cement factory in the surrounding areas.
iii. Rich experience. As a factory having 50 years’ history of producing cement, Datong Cement Co., Ltd. now boasts a large batch of experienced technicians.
iv. Favorable policies. In order to conduct investment promotion, the government of Shuozhou City will give some favorable policies in such aspects as land and taxation.
IV. Progression of the Preliminary Work
The mine transfer agreement has been signed; and complete geological exploration report and relevant technological data have been possessed.
V. A Survey of the Project Undertaker
Datong Cement Co., Ltd. is a state-owned enterprise and its shareholder is Datong Cement Group Co., Ltd. On January 20, 1997, the company was listed for transactions in Shenzhen Stock Exchange. Now the chairman of the board and general manager is Zheng Jiancheng; the number of employees totals 696. The state-owned stocks account for 70.59% of the total capital stocks while the circulation stocks for 29.41%.
The enterprise’s main business is the production and sale of cement, as well as providing advisory service concerning the cement production technology. Now yearly it can produce 800,000 tons of cement and 600,000 tons of cement clinker. In 2004, the sales income came to 169.31 million Yuan; after-tax profits 972,700 Yuan. At present, the preliminary work of the 5,000 tons/day of cement clinker technological renovation project has been completed; as soon as the capital needed is guaranteed, the project can be put into operation.
VI. Contact Details
Contact unit: Planning and Investment Department of Datong Cement Group Co., Ltd.
Contact person: Lin Zhai
Tel: 0352-4062236
Fax: 0352-4062207
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