China Resources Cement Holdings (1313.HK) is planning to double its production capacity and build the world’s biggest cement plant by 2012, the South China Morning Post reported. The state-owned firm’s plant in Fengkai in Guangdong province started operation last year. The total investment in the factory is US$825 million, with US$210 million yet to be invested. At present, annual production capacity at the Fengkai plant is 4 million tonnes. China Resources aims to double that to 8 million tonnes in January. By 2012, the plant would have an annual production capacity of 12 million tonnes of cement, 9.3 million tonnes of clinker and 4 million tonnes of concrete. The largest cement plants in the world have an annual production capacity of 10 million tonnes. More than half of the company’s output is used for China’s infrastructure development.
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