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Hanfeng Receives Approval for Heilongjiang Railway Spur ; -- Dedicated spur will improve logistics and reduce costs --
- Article from:
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CCNMatthews Newswire
- Article date:
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May 6, 2008
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Copyright informationCopyright 2008 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(Marketwire - May 6, 2008) - Hanfeng Evergreen
Inc. ("Hanfeng") (TSX:HF), is pleased to announce that it has
received all necessary approvals to proceed with the construction of
a dedicated railway spur connecting Hanfeng's Heilongjiang facility
with the national railway in China. In addition to the installation
of a 4.2-kilometer rail line and connections, the project will
include the construction of platforms and additional warehouses for
loading and storage of Hanfeng products and raw materials.
Construction of the railway spur and the associated structures is
expected to be completed in the fourth quarter of 2008. Hanfeng's
capital commitment for the project is ...
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