Displaying items by tag: Jiangnan

China: Taiheiyo Cement subsidiary Jiangnan-Onoda Cement suspended its production and sale of cement on 28 February 2023. Its Japan-based parent company said that it decided to suspend operations due to the 'tougher competitive environment' in China. This came about due to other producers' capacity expansions and 'advances in technical capabilities.' The suspension is in line with Taiheiyo Cement's strategy for the construction of a new business portfolio in Asia, under which it plans to expand its footprint in Southeast Asia and develop its logistics network.

China: Anhui Conch and its subsidiaries have responded to increased rainfall and raised water levels in the Yangtze River in Jiangnan Province since June 2020 by building a “solid line of defence against floods.” The Group says that with the help of the Central Committee of the Communist Part of China it has planned and implemented flood monitoring, strategic precautions and local flood control using earth and sandbags. Anhui Conch subsidiary Chizhou Conch mines limestone for cement production in the area. It said, “Chizhou Conch will continue to pay close attention to all the work of flood prevention and flood preparation, ensure the safety of the flood season, and help the company achieve its annual production and operation goals and tasks smoothly.”