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Additional Information
Market: LSE
Sector: Construction & Materials
EPIC: CRH
Latest Price: €1,292.00  (-2.16% Descending)
52-week High: €1,899.74
52-week Low: €883.22
Market Cap: €928,944.49M
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CRH PLC
www.crh.ie

CRH plc is a diversified building material company, which manufactures and distributes building material products from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.

Full CRH PLC profile here
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CRH completes buy of 26% stake in China’s Jilin Yatai Group

8th Jan 2009, 12:08 pm CRH completes buy of 26% stake in China’s Jilin Yatai Group

Building materials group CRH PLC said it completed the acquisition of a 26 percent stake in the Jilin Yatai Group's cement operations for €224 million, as announced in January 2008.


Yatai Cement's operations comprise 4 integrated cement plants and 4 separate grinding stations in Jilin and Heilongjiang provinces in north eastern China, with a current cement capacity of 14 million tonnes per annum. The group's major investment programme is well advanced and is expected to be completed in late 2009 when cement capacity will increase to 18 million tonnes per annum.


Yatai Cement is the leading player in the north eastern provinces and is a top-10 cement supplier in China, CRH said.

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