Energy Intl stake in Chinese building materials and asphalt firm

Hong Kong-based Energy International Investments Holdings’ (Energy International) CNY 185 million (US$28.54 million) acquisition of Samoa-based Mission Achiever includes a 51% shareholding in a China-based company involved in the sale of building materials, asphalt, petrochemical additives, chemical products and fuels, as well as import and export, port and dock construction and investment.

December 21, 2015 Read time: 1 min

Quarry Products

Chinese cement firm revenues rise Jan-June 2014

China Gezhouba Group posted a year-on-year growth of 23.65% in revenue to US$5.8 billion (CNY 35.68 billion) January to June 2014. China Gezhouba, which is involved in property development, cement production and construction projects such as roads, railways, sewage and water supply, signed $11.42 billion (CNY 70.44 billion) worth of new contracts in the six-month period. The company's net profit increased 48.65% to $204.38 million (CNY 1.26 billion).

Meanwhile, fellow Chinese firm Allied Cement Holdings

February 26, 2016

Metso mobile crushers & screens at Lam Tai quarry, Hong Kong

Metso is helping Wai Kee Holdings produce uniform-quality aggregates cost-efficiently by supplying ten Lokotrack mobile crushing and screening units and four CW series wheeled conveyors to its Lam Tai quarry in Hong Kong, China. The equipment is enabling the company to crush rock in demanding and varying rock conditions.

To reach the required capacity at the quarry, the Metso fleet consists of two trains, each including five Lokotrack units: one Lokotrack LT120 jaw plant, two Lokotrack LT300HP cone plant