Wednesday, June 15, 2011

CHINA: Conch Cement to acquire Yunnan Cement Co

It is reported that Anhui Conch Cement plans to fully acquire Yunnan Zhuangxiang Cement for CNY 50 million. In addition, the company will build a new type dry process clinker production line with daily production capacity of 2,000 tonnes.

Conch Cement entered the Yunnan market in 2010.

The company plans to expand its cement production capacity to 300 million tons a year over the next five years.

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