MIT Announces Entry Criteria for Cement Industry
[2010-12-01 14:47:20]
The Ministry of Industry and Information Technology (MIT) announced the entry criteria for the cement industry on Nov 30, China Securities Journal reported on December 1, 2010.
The entry criteria declared that the production line of cement clinker must adopt a new dry process method. The production scale of cement clinker is required to reach 4,000 tons per line each day. For underdeveloped areas that lack transport facilities and market capacities, the scale requirement is at least 2,000 tons per line each day, the newspaper reported.
The investment proportion of capital funds for the building, rebuilding, expanding and moving of cement clinker projects requires at least 35 percent of self-possessed fund.
According to the entry criteria, production projects that fail to meet these standards must not be approved by competent authorities, the newspaper said.
The entry criteria will be implemented on January 1, 2011, according to the report.
Source: China Economic Net
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