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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 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.