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

According to the information from China Cement Market Data Center, the demand in Northwest China is weak, the demand in Guanzhong of Shaanxi has reached the peak, but the enterprises have stabilized the price to support the market, and the pressure of dark drop is looming; the price depression in Ningxia continues to impact the market in Gansu and Shaanxi; the situation of maintaining stability in Xinjiang is remarkable.