Cement News tagged under: Conch

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Indonesia: Conch/Papua Cement plant to open in July

19 May 2016, Published under Cement News

The Jakarta Post reports that the joint-venture between Conch and SDIC Papua Cement Indonesia will commence operations at its new plant in Manokwari, West Papua, in July. The plant is being constructed at a cost of US$400m and will have an initial capacity of 1.5Mta. Demand for cement in Indonesia has grown steadily and is predicted to reach new heights this year driven by government infrastructure projects. Papua is distant from the main cement-producing regions of Indonesia and as a ...

Conch reportedly in discussions for Chelyabinsk plant, Russia

10 April 2015, Published under Cement News

The government of the Chelyabinsk region (Urals) and China's Anhui Conch Cement Co (ACCC) are negotiating the construction of a cement plant, according to Russian news sources. Conch has been provided several plots for assessment, the reports state. According to General Manager Wang Jianchao, a project scheme will be determined in the near future, whether to modernise existing production facilities or build a new at an undeveloped deposits. (Source: Esmerk Russian News)

Deutsche Bank: Conch to gain greater pricing power, China

27 March 2013, Published under Cement News

In light of slowing demand growth and severe overcapacity in East China, the operating landscape has changed in favour of Conch partly through superior production costs and greater pricing power, Deutsche Bank says in a recent note. The bank believes that smaller players are losing market share as they can no longer compete with Conch's superior production costs (10-20 per cent below its peers) and low-priced strategy to clear inventory in the slow season.  "Effectively, smaller player...

Anhui Conch acquisition, China

19 January 2012, Published under Cement News

Anhui Conch Cement plans to acquire Anhui Conch Venture Capital’s no 4 and 5 energy saving equipment factories, and relevant land use rights, for a total of CNY22m, reports Shanghai Securities News, citing a company filing. According to the filing, the cement maker plans to set up an equipment storage centre, which will boost production and lower procurement costs. The factories purchased will be mainly used for storage, said the firm.