Hongshi-Shivam Cement Private Limited, a Nepal China JV (joint venture), is hopeful to start cement production from March next year. It will be the largest cement manufacturing company in Nepal with an annual production capacity of around 2.2 million tonnes.


According to the reports, the construction work of Hongshi-Shivam Cement factory is going on in full swing with a target to start cement production from March 2018. The factory is being constructed at Nepal's South Western district of Nawalparasi with its mine site located at neighboring Palpa district

Hongshi-Shivam Cement, a Nepal China JV may start production from March 2018

Once the cement production starts, the company has a plan to penetrate into domestic market firstly and then also export cement to India, China and other countries by increasing the factory's capacity.

(Source: ChinaDaily, edited)

17-Aug-2017

Industry Guru

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