
Displaying items by tag: McNally Bharat
India: McNally Bharat Engineering Company has decided to merge itself, its subsidiary McNally Sayaji Engineering and EMC with Kilburn Engineering. Its board of directors will now value the companies to determine the share exchange ratio and draft the scheme of amalgamation, according to Accord Fintech.
McNally Bharat Engineering Company is an engineering company providing turnkey solutions across many industries including cement, material handling, mineral beneficiation, pyroprocessing, power, steel and others. Its subsidiary McNally Sayaji Engineering focuses on crushing and raw mineral processing.
First cement plant project for McNally Bharat
19 December 2012India: McNally Bharat Engineering Company Ltd (MBEL), a Williamson Magor group company, has booked an engineering, procurement and construction (EPC) contract worth US$133.5m from ACC Ltd to set up a 9000t/day (~2.9Mt/yr) brownfield cement facility at its existing plant at Jamul, Chhattisgarh. The deal was announced by Deepak Khaitan, chairman of MBEL, at a press conference in the city on 17 December 2012. The plant will be set up with technology from Germany's KHD Humboldt Wedag.
"This order is a major milestone for us as it flags off MBEL's entry into the cement plant construction business," said Khaitan. "This will open up opportunities for MBEL as an EPC contractor for the Indian cement industry."
The company has also opened offices in South Africa to carry out engineering contracts in Africa. "Our emphasis will be to expand our footprint globally," said Khaitan.