Hongshi Shivam Cement

Hongshi-Shivam Cement, a joint venture between China's Hongshi Cement and Nepal's Shivam Group, completed a $350 million cement plant in Nawalparasi, Nepal, in May 2018, with a capacity of 6,000 tonnes of clinker per day.

Hongshi-Shivam Cement, a Nepal-China joint venture, began operations at its cement factory in Nawalparasi, Nepal. The factory is the country's largest and employs over 500 people.

Hongshi-Shivam Cement Private Limited, a Nepal-China joint venture, started trial cement production at its plant in Nawalparasi district, Nepal. The plant has a capacity of 6,000 tonnes per day and represents a $359.18 million investment by China's Hongshi Cement.

Hongshi-Shivam Cement P Ltd signed an agreement with the Nepal government to invest $359.18 million in a cement factory in Nawalparasi district, Nepal, with production capacity of 6,000 tons per day starting in 2018.

Hongshi Shivam Cement, established with Rs36 billion investment from Chinese and Nepali investors, aims to double its daily output from 6,000 tonnes within two years.