China Runji Cement Inc.'s Waste
Heat Power Generator Construction in Progress
ANHUI, China, Jan. 5, 2009 (GLOBE NEWSWIRE)
-- China Runji Cement Inc. (OTCBB:CRJI)
("CRJI" or "the Company"),
a leading producer and distributor of
cement in Anhui Province of China, is
pleased to announce that the waste heat
power generator of the Company has started
the architectural construction and equipment
installation following the completion
of groundwork foundation and switch board
room in December 2008.
The recent commencement of architectural
construction and equipment installment
in the waste heat power generator will
be completed by April 2009.
CRJI's waste heat power generator will
generate electric power to support the
existing cement production lines of the
Company by recycling use of the heat generated
by the cement production lines themselves.
Designed to generate 70m kWh per year,
the generator is able to reduce the Company's
annual electricity costs by $4.6 million
and increase profitability on top of our
impressive 2008 figures.
"We are very delighted to see the
progress in the civil construction of
our waste heat power generator following
the completed groundwork foundation,"
Runji Chairman and CEO, Mr. Zhao Shouren
stated. "We are always making efforts
to improve our profitability and create
green production conditions. Being an
attempt to reduce heat pollution, our
waste heat power generator will be able
to cover 40% of electricity demand of
our two existing cement production lines.
It will not only reduce our overall production
costs, but also reduce our reliance on
the external electric supply. Overall,
the completion of our waste heat power
generator will greatly strengthen our
competitive advantages and provide a tremendous
platform for Runji's expansion."
About China Runji Cement Inc.
Founded in 2003, China Runji Cement, Inc.
is one of the leading players in cement
production and distribution. The Company's
certified manufacturing facilities which
contain cutting-edge technology and advanced
equipment are capable of producing as
much as 2 million tons of cement annually.
Furthermore, the Company's solid distribution
network and customer-orientated services
have earned Runji's products a superior
reputation among its customers. Headquartered
in Anhui Province, the Company's markets
include major local cities such as Hefei,
Nanjing, and Liu'an.
For more information on the Company and
its products, please visit www.chinarunji.com.
CONTACT: Evian Investor Relations
Tel: 1-877-331-8777 (toll free)
Email: svd@evianir.com
