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News Anhui Conch confirms that production at Shaanxi subsidiary is suspended until mid-march 2016

Anhui Conch confirms that production at Shaanxi subsidiary is suspended until mid-march 2016

Written by Global Cement staff 18 February 2016
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China: Anhui Conch Cement has confirmed that its subsidiary in Shaanxi province, Liquan Conch Cement, has suspended its production. The decision follows Shaanxi Provincial Government legislation requiring all cement and clinker producers to adopt off-peak production. Most producers are required to stop production from 15 December 2015 until 15 March 2016 with a few exceptions. 25 cement companies, with a total of 37 clinker production lines, are based in the province.

Liquan Conch has a cement production capacity of 4.4Mt/yr, contributing 1.5% to the total production capacity of Anhui Conch. It held audited net assets worth US$96.3m at the end of 2014, representing 0.9% of Anhui Conch’s total. Anhui Conch do not expect the temporary suspension of production at Liquan Conch to adversely affect its operating results. Liquan Conch was built in 2009.

Last modified on 19 February 2016
Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Offpeak production
  • Shaanxi
  • Liquan Conch
  • Suspension
  • Production
  • GCW239

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