Taiwan Cement Corp. has signed a strategic partnership agreement with Beijing-based China National Building Material Co. (CNBM) to expand the two companies cooperation.
The agreement between the two companies will include information exchange, production capacity expansion in regional markets, research and development of high-quality cement, and innovation of production technologies.
The two companies will also exchange technological knowhow as well as share the joint development of technology in the environmental field.
Taiwan Cement Chairman Koo Cheng-yun and several of the company s executives, including senior vice president Edward Huang, signed the agreement in Hong Kong with CNBM s Chairman Song Zhiping and chief executive officer.
