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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 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.