Cement Net Exclusive: Myanmar Rebels PDF Occupy Conch Cement Plant

2024-08-02 09:20:15

Myanmar Conch (Mandalay) Cement Co., Ltd. is a joint venture between China Conch Cement Co., Ltd. and MYINT Investment Group Co., Ltd.

Myanmar rebels captured the Alpha Cement Plant (Myanmar Conch (Mandalay) Cement Plant) and seized about 12 light weapons and ammunition while cleaning up the plant,

Myanmar media reported The Arakan Express News.

Myanmar rebels PDF said that soldiers of the Alpha Cement Plant (Myanmar Conch (Mandalay) Cement Plant) military forces set fire to part of the building as they retreated and fled.

It is understood that Myanmar Conch (Mandalay) Cement Co., Ltd. is a company jointly funded by Anhui Conch Cement Co., Ltd. and Myanmar MYINT Development Investment Co., Ltd. Among them, Anhui Conch Cement Co., Ltd. holds 55% of the shares and MYINT Company holds 45% of the shares. The factory is located in Dehado Village, Budengji Town, Mandalay City, Mandalay Province, about 26 kilometers away from Mandalay City. On March 29,

2020, the 5,000 t/d production line of Myanmar Mandalay Conch was ignited and put into production; on June 17, 2020, the first cement truck of Myanmar Mandalay Conch was successfully delivered.

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Correlation

Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.