Producer

Anhui Conch Cement

0914.HKHQ CN · Wuhu, Anhuiwebsite ↗

China's largest publicly listed cement company (~288 million tonnes/year capacity across 32 plants). Operates massive captive quarries at five major clinker bases: Tongling, Yingde, Chizhou, Fuyang, and Wuhu in Anhui Province. In June 2025, acquired a 90% stake in Huocheng County Nangang Xixin Mining Industry (limestone quarry) for ~CNY 400M ($57M) to reduce third-party supply reliance. Industry-leading cost margins driven by quarry proximity. Wuhu headquarters plant runs four 12,000-tonne/day clinker lines — among the largest kilns in the world.

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Inputs supplied

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Goods downstream

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1 input Anhui Conch Cement supplies

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What else they do

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  • Cement Production

    75%
  • Limestone & Aggregates

    15%
  • Waste Heat Power & Sustainability

    7%
  • Other

    3%

Intelligence

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  • Did you know2024

    Anhui Conch's cement kilns simultaneously function as industrial waste processing facilities — a regulatory and operational dual-use rarely visible outside the waste management industry. Conch's cement kilns co-process municipal solid waste, industrial waste, sewage sludge, and hazardous waste as alternative fuels and raw materials. The same high-temperature kiln environment (1,450°C+ in the burning zone) that converts limestone to clinker also destroys organic waste completely and incorporates heavy metals into the clinker structure, preventing leaching. Conch's waste co-processing operations make it simultaneously China's largest cement producer and a significant industrial and municipal waste disposal operator — an unlikely waste management role for a construction materials company. In Chinese cities where waste disposal infrastructure is insufficient, Conch cement plants serve as authorized municipal waste processing facilities alongside their primary cement production function.

    Anhui Conch Cement Co., Ltd.
  • Origin2023

    Anhui Conch Cement was established in 1997 in Wuhu, Anhui Province — one of the first Chinese cement companies to list on a stock exchange (Hong Kong, 1997; Shanghai, 2002). Conch's founding in 1997 coincided with China's post-Deng Xiaoping construction boom and the 1998 abolition of the state housing allocation system that triggered massive private residential construction demand. Conch's strategic advantage was geographic: Anhui Province's Yangtze River corridor provided both high-grade limestone deposits AND low-cost waterway logistics — cement clinker shipped downstream to the Yangtze Delta construction markets (Shanghai, Jiangsu, Zhejiang) at competitive economics. The captive quarry strategy — locating clinker kilns directly adjacent to limestone bodies — gave Conch industry-leading cost margins that domestic competitors could not replicate from greenfield investments. Conch's Wuhu 12,000-tonne/day kilns are among the world's largest single kiln units.

    Anhui Conch Cement Co., Ltd.