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April 01, 2010
Jean-Claude Deschamps, Deputy-Chairman Of The Versalius Biocapital Fund And EnGro Chairman-Cum-CEO Visit Luxin And Jigang On April 01 »more |
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November 28 , 2009
Singapore Minister Of State For Trade & Industry And Manpower, And Minister In Charge Of Entrepreneurship Visits Jigang Group Co., Ltd. And Luxin/Luang »more |
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October 30 , 2009
EnGro Participates in BEX (Building Exhibition) Asia 2009 »more |
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October 20 , 2009
Jiangsu Huailong Materials Selected As 2009 China Top 500 Building Material »more |
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August 3 , 2009
Jiangsu Huailong Officially Commissions Its Second GGBS Production Line »more |
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November 14 , 2008
Jinan Luxin (Lu-Ang) Welcomes Visit By Teachers And Students Of Singapore Tampines Junior College »more |
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August 7 , 2008
Tangshan Tanglong Commissions its Second GGBS Production Line »more |
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May 31, 2008
Jinan Luxin Materials Company Limited Donated RMB One Million to Sichuan Earthquake Relief »more |
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April 10 , 2008
Tangshan Tanglong/TangAng exports GGBS to United Arab Emirates »more |
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March 19 , 2008
Jinan Luxin named as one of Jinan City's '2007 Advanced Enterprise' »more |
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March 15 , 2008
Jinan Luang commissions its 2nd GGBS production line »more |
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March 12, 2008
Launch of EnGro Leadership Scholarship Program »more |
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December 10, 2007
EnGro's GGBS and blended cement materials recognized as 'Eco-Friendly Building Material' »more |
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June 4, 2007
Construction of a Tanglong's second line with planned capacity of 600,000 MT of Ground Granulate Blastfurnace Slag ("GGBS") »more |
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August 8, 2006
Opening Ceremony Of Jiangsu Huailong Materials Co. Ltd »more |
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March 29, 2006
The Establishment Of A Joint Venture Company To Be Named “Tangshan Tang-Ang Materials Co Ltd.” »more |
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November 16, 2005
The Establishment Of A Joint Venture Company To Be Named “Jinan Luang Materials Company Ltd.” »more |
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October 24, 2005
The Establishment Of A Joint Venture Company To Be Named “Jiangsu Huailong Materials Co Ltd.” »more |
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Date: March 29, 2006
We are pleased to announce that, on 28 March 2006, Tangshan Iron & Steel Group Co., Ltd (“Tanggang) together with EnGro Corporation Ltd (EnGro) executed a Joint Venture Agreement, in relation to the establishment of a second joint venture company (“JVC”) to be named “Tangshan Tang-Ang Materials Co Ltd” in Wangtan Town of Leting County (around 8 km from Jingtang Port), Hebei province in the People’s Republic of China.
The JV has a registered share capital of RMB 45.0 million and is principally engaged in the production of Ground Granulated Blastfurnace Slag (“GGBS/GGBFS”), a green cementitious material for producing high performance concrete. Being strategically located near Jingtang Port, the JV is poised to take advantage of the savings in transportation costs in order to secure a meaningful share of its main target market, namely, overseas market. The initial planned capacity of the JV is 600,000 MT of GGBS/GGBFS per annum.
EnGro will invest RMB 18.0 million, representing 40% of the registered share capital in the JV and Tanggang will invest RMB 27.0 million, representing 60% of the registered share capital in the JV. The investment will be financed from internally generated funds. |
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Date: November 16, 2005
We are pleased to announce that, on 16 November 2005, Jinan Iron and Steel Group Company together with EnGro Corporation Ltd (EnGro) executed a second Joint Venture Agreement, in relation to the establishment of a joint venture company (“JVC”) to be named “Jinan LuAng Materials Company Ltd.” in Jinan, capital city of Shandong Province in the People’s Republic of China.
The JVC has a registered share capital of RMB 70.0 million and is principally engaged in the production of environment-friendly cement for producing high performance concrete. The JVC is proposed to produce 1.2 million tons of Ground-Granulated Blastfurnace Slag (“GGBS”) and target markets for the JVC are Greater Jinan City and the surrounding cities.
Jigang will invest RMB 42.0 million, representing 60% of the registered share capital in the JVC whereas EnGro will be investing RMB 28.0 million, representing 40% of the registered share capital in the JVC. The shortfall of the project investment will be financed from bank loans. |
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Date: October 24, 2005
On Oct. 18, 2005, a new Joint Venture -- Jiangsu Huailong Materials Co., Ltd was formally established in Huai’an, Jiangsu Province in the People’s Republic of China. Chairman of Jiangsu Huaigang Co., Ltd, Mr. He Daping and Chairman of EnGro Corporation Ltd, Mr. Tan Cheng Gay signed the Joint Venture Agreement.
The total investment for the joint venture is RMB 88 million, in which Huaigang will be investing RMB 52.80 million (60% of the registered share capital) and EnGro will be investing RMB 35.20 million (40% of the registered share capital). The joint venture company is proposed to produce 600,000 tons of Ground-Granulated Blastfurnace Slag (“GGBS”) annually.
The secretary of municipal Party committee Mr. Ding Jieming showed his full support for the cooperation between both parties in the signing ceremony. He hoped that the expertise from both parties could be fully utilised to ensure the joint venture company is a success.
It is estimated that Jiangsu Huailong with the annual production capacity of 600,000 tons of GGBS.
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