Conch Group has signed Cement Plant Investment Agreement with Russian Ulyanovsk Oblast Development Company, planning to construct new dry process clinker plant together in the place 50 km southwest of Ulyanovsk Oblast city, which means the first cooperation project between Anhui, China and Russian two river basin has achieved substantial progress.

  It is said, as the key cooperation project, the whole investment is 500 million dollars, and 75% of the stock right is occupied by Conch Cement Company and 25% of the stock right is occupied by Ulyanovsk Oblast Development Company. The project involves gas filed power plant, necessary production and living facilities, and the Volga River Port except for clinker plant.

Information source:  Anhui Online