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Anhui Conch has chosen Conch New Materials as one of its grinding aids suppliers for 2019 following an open tender. The deal is valued at up to US$125 million for up to 0.15 Mt of cement grinding aids.
Conch Cement (00914) signed a cement grinding aid procurement contract with Conch New Materials Company, effective from February 14, 2019 to December 31, 2019, with an estimated total transaction amount of no more than 840 million RMB.