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News Anhui Conch starts cement sales contract with Jiangsu Conch Building Materials

Anhui Conch starts cement sales contract with Jiangsu Conch Building Materials

Written by Global Cement staff 02 October 2018
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China: Anhui Conch has signed a cement sale and purchase agreement with Jiangsu Conch Building Materials with a value of up to around US$230m. Subsidiaries of Anhui Conch based in east China will sell a total of 3.5Mt of cement products to Jiangsu Conch, a non-wholly owned subsidiary of Anhui Conch. The contract will last until the end of 2018.

The agreement has been setup for a relatively short time period as a pilot scheme to test the market. The intention is to allow the direct Anhui Conch subsidiaries to focus on production and to enable Jiangsu Conch to concentrate on using its ‘centralised sales advantage.’

Last modified on 03 October 2018
Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Contract
  • agreement
  • Jiangsu Conch Building Materials
  • Jiangsu
  • Sales
  • GCW373
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