China Advanced Construction Materials Wins $2 Million Guiyang-Guangzhou Railway Contract

Source: FinancialWire

China Advanced Construction Materials Group, Inc. said that it was awarded a USD2 million contract to provide concrete manufacturing services for a section of the Guizhou-Guangzhou railway construction project.

The railway will run from Guiyang to Guangzhou and will cover around 857 kilometers. China ACM's portion of the project is scheduled to be completed in late 2010. The line is designed to have a daily capacity of 100 passenger trains and an annual capacity for goods transportation of 35 million tons.

China Advanced said that its concrete manufacturing services operate under a business model in which general contractors supply the raw materials and China ACM produces the ready-mix concrete.

Beijing-based China ACM produces construction materials for large scale commercial, residential, and infrastructure developments. The company is primarily focused on producing and supplying a range of ready-mix concrete materials for highly technical, large scale, and environmental construction projects.

China ACM provides materials and services through its seven ready-mix concrete plant network covering Beijing metropolitan area. China ACM owns one plant, leases two plants and has technical services and preferred procurement agreements with four other independently-owned plants.

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Editor: Zhu Yanshan