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Three companies are involved in a joint venture, investing Rmb 220 M to build several facilities at Yiyang in the Luoyang district of Henan province. The companies are: Zhejiang Yuhuan Zhongzhi Copper Co Ltd, the Luoyang Mining Group and Luoyang Construction & Investment Co. The facilities comprise: a 50,000 tonnes/y nanoparticulate calcium carbonate (NCC) plant; a 600,000 tonnes/y calcium oxide plant; a 100,000 tonnes/y magnesium oxide plant; and a 30,000 tonnes/y liquid carbon dioxide unit. The principal feedstock will be high-grade limestone, mined locally. The NCC plant should be commissioned towards the end of 2009, with the other facilities following soon after. When all the plants are up and running, the joint venture should generate total annual sales revenues of Rmb 180 M.
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