Displaying items by tag: Sinoma
Saudi Arabia: Saudi cement producer Southern Province Cement (SPC) has signed a US$190.1m contract for the installation of a second production line at its plant in Bisha.
The contract will be executed over a period of 20 months. SPC said it will use a combination of Islamic financing and its own funds to finance the project.
In May 2012 the Saudi firm signed a US$188.5m turnkey contract with China's Sinoma for a third production line at SPC's plant in Tuhama. The project is expected to take 24 months to complete.
Sinoma signs US$277m clinker line project in Nigeria
16 October 2013China: Sinoma International has announced that its subsidiary Sinoma Construction has signed a US$277m contract to build a 6250t/day clinker production line for the United Cement Company of Nigeria's Calabar plant. Sinoma will be responsible for equipment and steel structure supply, design, installation, civil construction, commissioning and training in the whole process from mine crushing to cement shipping. Construction of the cement mill is planned to be completed by the end of 2015. Construction of the clinker line is planned to be finished by mid-2016.
Sinoma orders another Gebr. Pfeiffer mill for Iraq
04 September 2013Iraq: Sinoma (Suzhou) Construction has placed an order for an MPS 5000 B vertical roller mill for cement raw material grinding from Germany's Gebr. Pfeiffer SE. The grinding plant will be located near Sulaymaniya in northern Iraq and is the fifth MPS 5000 B in a row which will be installed there.
The vertical roller mill sold is designed for a capacity of 500t/hr at a product fineness of 10% R 80 µm and will come equipped with a 4000kW gear unit.
In addition to the supply of the core components for the grinding plant, the order includes engineering services to enable the local manufacture of mill components and the supervision of manufacture at Chinese workshops.
Sinoma subsidiary to buy stake in Hazemag
03 September 2013China: A subsidiary of National Materials Group (Sinoma) is buying a 59.1% stake in German mining equipment firm Hazemag & EPR for US$137m. The Chinese state-owned cement equipment manufacturer and cement producer made the announcement in a statement filed to the Hong Kong stock exchange.
"It will improve the technique, strengthen the management and establish the channels for the purpose of rapid expansion of Sinoma International to the field of mining equipment and generate more return for the group when Hazemag makes more profit in the future," said Sinoma chairman Liu Zhijiang in the statement.
Sinoma subsidiary to acquire Wuhai Xishui Cement
26 June 2013China: Sinoma has announced that its subsidiary Ningxia Building Materials has agreed to acquire a 55% equity interest in Wuhai Xishui Cement held by Xishui Strong Year for a cash consideration of US$43m. Wuhai Xishui Cement is currently owned by Ningxia Building Materials (45%) and Xishui Strong Year (55%).
Saudi contract for Loesche
12 June 2013Saudi Arabia: China's Sinoma, which is building a cement plant in Tahamah, Saudi Arabia, has ordered a LM 56.4 raw mill from Germany's Loesche GmbH. The vertical roller mill will have a production rate of 400t/hr and a mill motor with a capacity of 4000kW. In addition to the mill, Loesche will also deliver a metal detector, magnetic separator, slide gates and rotary valves.
The delivery of the hardware is planned for October and December 2013.
Sinoma to build cement production line in Iraq
01 May 2013Iraq: Sinoma International Engineering's Nanjing subsidiary has signed an EPC contract with Iraq-based Faruk Investment Group to build a 5300t/day cement clinker production line. The project is the seventh cement production line to be built in Iraq by Sinoma's Nanjing subsidiary.
China cement news round-up
01 May 2013Regions: Central China's Hubei Province produced 11.3Mt of cement in January and February 2013, a year-on-year decline of 13.8%. However, clinker production rose by 1.98% to 6.73Mt.
Cement producers in the eastern province of Zhejiang produced 115Mt of cement and 56.7Mt of clinker in 2012, a year-on-year decrease of 4.8% and 5.9% respectively.
Companies: Sinoma International Engineering Co recorded an operating-revenue of US$710m in the first quarter of 2013, a year-on-year decline of 20.4%. The company's net profit slid by 12% to US$38.3m.
Zhejiang Jianfeng Group recorded an operating-revenue of US$267m in 2012, a year-on-year increase of 0.26%. Net profit fell by 39.2% to US$26.5m.
Holcim opts for Loesche mill for Guayaquil plant
24 April 2013Ecuador: Loesche has announced that it will deliver one LM 56.4 type vertical roller mill for cement raw material grinding for the Guayaquil cement plant currently being expanded for Holcim Ecuador. The order was placed by the Chinese general contractor Sinoma-TJ (CBMI), which will supply a 4500t/day line.
The mill will grind cement raw material and has been designed for a capacity of 386t/hr. The mill motor capacity will be 4000kW. It will compliment an existing Loesche mill that has been operating at the same plant since 2010. Delivery is planned at the end of 2013.
India/China: Sinoma International Engineering (Hong Kong) Co Ltd, part of the National Materials Group (Sinoma), has entered the Indian cement equipment production industry with the acquisition of a major stake in LNV Technology Pvt Ltd, based in Chennai, India for US$23.9m.
According to the agreement, Sinoma International Engineering now has a 68% share in LNV Technology, which has become a member of the Sinoma Group. The earlier joint venture partners V C Rao, managing director of the company and LV Technology Public Co Ltd, retain around 16% equity each. Liu Zhijiang, group chairman of Sinoma said that the Chinese firm would bring in its expertise in research and development, design, manufacturing, installation and after sales service to the Indian joint venture. With the venture, LNV Technology expects to be the leading supplier of cement equipment in India in the next five years.
Rao said that LNV Technology would look at setting up engineering, procurement and construction (EPC) capabilities, which are not prevalent in the Indian cement equipment industry. "Sinoma is the only company in the world to do this kind of EPC in the segment. That model is not available in India now, which will be brought in through LNV Technology," he said. Globally 80% of the cement equipment market is cornered by just four companies: Sinoma International, FLSmidth, Polysius AG and KHD.