subject: China Shuangji Cement, Ltd. (OTCBB: CSGJ) Leading the Demand [print this page] China Shuangji Cement, LtdChina Shuangji Cement, Ltd. through it's affiliates andcontrolled entities, is a leading producer of high-quality Portland cement in Shandong and Hainan Provinces. It's processed cement products are primarily purchased by contractors for the construction of buildings, roads, and other infrastructure projects.
The company currently produces approximately 1.5M tons of Portland cement annually from two facilities in Hainan and one facility in Shandong, whose output will increase by 1M tons to a total of 2.5M tons once the new Zhaoyuan (Shandong Province) plant and upgrades are completed. China Shuangji's stated mission is to become the number one cement producer in the province of Shandong.
With the Chinese GDP growing at 11.1% in the first half of 2010, we can expect the pace of economic growth in China to continue on the same historical record-breaking path is has been throughout the recession. Though the global economy is struggling to recover from the ripple effect of recession and debt issues in Europe, the industrial production in China has accelerated to 13.9%, strengthening China Shuangji's position in the process.
China Shuangji is making smart moves to expand the business in the domestic market in addition to the efforts it makes to be a global player. Quite often, the companies from Asia lose their business momentum in the domestic market in an attempt to globalize their business. China Shuangji has decided to join the efforts of the Chinese government to expand and upgrade the infrastructure, highways and railways. The demand for cement and other associated products will continue to rise and the healthy pricing ensures a solid business future ahead for China Shuangji.
