Shanshui III

completed

SSG is China’s second largest cement manufacturing groups, and the market leader in the Shandong Province. With headquarters in Shandong Province, SSG operates 10 clinker manufacturing lines at seven locations, with a total installed capacity of 12.4 million tons of clinker per year, and 46 clinker milling and cement bagging facilities at 13 locations (of which one is under construction). SSG has reached its current capacity through a combination of acquiring existing cement manufacturing plants and converting them to modern dry-kiln operations and establishing greenfield operations in connection with sustainable limestone deposits. IFC is considering a second combined equity and debt financing package for SSG’s corporate operations that would include the acquisition and upgrading of four existing cement production facilities and the construction of two new greenfield facilities. The upgrading of acquired facilities will both include emission control upgrades, installation of energy efficient equipment, and the installation of the latest waste heat recovery systems for power generation.