FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Rule 13a
- 16 or 15d - 16 of
The Securities and Exchange Act of 1934
For the Month of February, 2004
HANSON PLC
1 Grosvenor Place, London, SW1X 7JH, England
[Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40F.]
Form 20-F X Form 40-F
[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]
Yes No X
February 16, 2004
Hanson announces Hong Kong joint-venture
Hanson PLC, the international building materials company, announces the formation of a 50-50 joint-venture between Hanson Hong Kong and Anderson Asia Limited, a subsidiary of Cheung Kong Infrastructure Holdings Limited ('CKI').
The combination of the two largest construction materials companies in Hong Kong will create a market leading aggregates and ready-mixed concrete supplier called Alliance Construction Materials Ltd. Completion of the merger, which is subject to regulatory and other approvals, is anticipated to occur during the second quarter.
Alan Murray, Chief Executive of Hanson PLC, said: 'We are very pleased to form this partnership with the Cheung Kong Group. The merger will provide us with the opportunity to rationalise operating assets and reduce overhead costs, while at the same time improving the service we can provide to our customers in the construction industry.'
Inquiries: Justin Read
Hanson PLC
.
Tel: +44 (0)20 7245 1245
Notes to Editors:
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
HANSON PLC
By:
/s/ Graham Dransfield
Date: February 16, 2004