The agreement signed! Conch Group and CNBM cooperate again

Byzengjiaming12

Updated Thu, 17 Mar 2022 10:00:49 GMT

On the afternoon of March 7, 2022, Anhui Conch New Material Technology Co., Ltd. signed the "Joint Venture Agreement of Panjin Haizhong New Material Technology Co., Ltd. " with China National Building Materials North Cement Co., Ltd. and Hainan Qingyuan Enterprise Management Center. Conch Group Party Committee Member, Chief Economist, Deputy Chief Accountant, General Manager of Conch Investment Company, Ding Feng, Executive Vice President of North Cement, Li Shuhai, and Executive Partner of Hainan Qingyuan Enterprise Management Center, Chen Donglin, signed the agreement as representatives of the three parties. And relevant principals of Conch Investment Co., Ltd., Conch New Material Co., Ltd., and North Cement Co., Ltd. attended the signing ceremony.

Since its establishment in 2018, Conch New Materials has planned and implemented raw material bases and admixture compounding projects in Ningbo, Zhejiang, Xianyang, Shaanxi, Tongling, Anhui, Guigang, Guangxi and Kunming, Yunnan, etc. This time, it cooperates with North Cement, a subsidiary of CNBM, to implement Panjin cement and concrete admixture projects, which will further complete the layout of new materials industry in China.

The implementation of the Panjin project is another strategic cooperation of the new material industry after joining hands with TCC, Shangfeng and Jingyuan, and the new material industry has become another important area of cooperation between Conch Group and CNBM after cement, environmental protection and new energy.

On the morning of March 7th, Ding Feng led Conch Investment’s related professional departments, principals of subsidiary, and related professionals from North Cement and Hainan Qingyuan to the Liaoning New Materials Economic Development Zone located in Panshan County, Panjin City, Liaoning Province to inspect the project site. County Mayor of Panshan County People's Government, Zhang Lei, Secretary of the Party Working Committee of the New Materials Development Zone, Yang Xianghao, Deputy County Mayor Cao Jingzhu, and Deputy Director of the Management Committee of the New Materials Development Zone, Li Dongjun had an in-depth communication with the delegation and signed the project investment agreement.

Panjin Haizhong New Materials Project is located in Liaoning New Materials Economic Development Zone (Panshan County, Panjin City) and is a joint venture between Conch New Materials, North Cement and Hainan Qingyuan Enterprise Management Center, with a planned annual production capacity of 10,000 tons of cement admixture and 10,000 tons of concrete admixture. Through the cooperation of all parties in terms of capital, technology and market advantages, the project will accelerate the promotion of the new materials industry to empower the cement and concrete industry, and also help to further expand and standardize the admixture market in Northeast China.