Jilin Yatai buys stake in cement firm
Yatai Group Building Material Investment, a subsidiary of Jilin Yatai Group, has acquired 51 per cent stake of Tieling Tieshui Cement Company for 266 million yuan. Just a couple of months back, Jilin Yatal had purchased a 44 per cent stake in Tieling Tieshui Cement Company.
According to Yatai Group, Tieling Tieshui Cement has three new-model dry-method clinker production lines, two pure cryogenic cogeneration systems, three cement grinding systems and two slag micro-mist production lines.
Jilin Yatai (Group) Co Ltd
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