Anhui Conch Cement Co - February 2014

With cement prices expected to rise and infrastructure projects waiting to get underway, all eyes are on Anhui Conch and what plans it has to boost its production capacity in 2014. In a bid to reduce emissions, the Chinese government’s drive to consolidate cement production is well underway, forcing the country’s biggest cement producers to expand through acquisition. Anhui Conch has also ready expressed plans to add around 30Mta of capacity and with a strong balance sheet of US$1.7bn in cash, as reported by Bloomberg in 4Q13, it is well-placed to make a significant purchase.

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