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

2024-08-02 09:20:15

More vigilance is that capacity replenishment is essentially a reinvestment behavior, for cement enterprises, as soon as possible to recover investment costs is the core demand, which means that the probability of enterprises will significantly increase capacity utilization next year. For enterprises with no overproduction space and no capacity to supplement, they can only produce in strict accordance with the approved capacity. It is difficult to reconcile the uneven and "unfair" contradictions at the operational level, which will further aggravate the instability of the cement market next year. It can be predicted that after this round of supplementary production, a new round of market competition in the cement industry will begin.