Displaying items by tag: agreement

Germany/Czech Republic: Gear unit specialists Flender and Wikov Industry have announced a service cooperation deal for gear units from other manufacturers. Both companies will add gears from other producers to their service portfolio with the aim of becoming a global ‘one-stop-shop’ in the industry. The intention is to reduce the complexity that end-users can encounter when components from multiple manufacturers are deployed in a single application.

The agreement will allow customers to benefit from Flender's service network with more than 50 repair centres around the world. Wikov holds experience regarding spare parts for gear units from other manufacturers.

Both companies will continue to offer their service portfolio for their original products.

China: Cosco Shipping Bulk, part of Cosco Group, has signed a strategic deal with Conch Logistics, the logistics subsidiary of Anhui Conch. The agreement will see the two companies jointly develop in the cement logistics sector, according to Asia Shipping Media. In December 2018 Anhui Conch ordered four 12,500DWT bulk carriers from the Jiangdong Shipyard with delivery scheduled in 2020. Cosco Shipping Bulk operates the largest bulker fleet in the world with total capacity of over 33MDWT.

China/France: Song Zhi Ping, president of China National Building Material Company (CNBM), and Frédéric Sanchez, chairman of Fives, have signed strategic agreement towards climate change and cooperation in third countries. This agreement develops the collaboration plans drawn up in January 2019 between cement plant manufacturer CNBM the engineering group Fives. It forecasts a volume of business of at least Euro600m over three years, and forms part of CNBM’s stated strategy of developing in partnership with western companies. The agreement was signed at the Elysée Palace in Paris during a state visit to France by China’s President Xi Jinping.

The agreement focuses on upgrading CNBM’s cement plants in China, building new plants outside of China and creating a Joint Engineering Centre to implement these projects and share information. The Joint Engineering Centre was inaugurated on 28 February 2019 in Shanghai. With regards to modernising its cement production lines in China, Fives said that its technologies, in grinding in particular, would ‘significantly’ improve performance and return on investment with regards to modernising CNBM’s domestic cement production lines. Fives said that the agreement is in full alignment with the Paris Agreement. It added that the agreement also shows the ‘mutual trust’ between the two companies with respect to intellectual property.

China/France: China’s CNBM and France’s Fives have signed a cooperation frame agreement for future collaboration. The cement plant equipment manufacturers will explore projects together, in plant upgrade, plant expansion and new plants to implement Fives technologies, such as the FCB Horomill grinding system, the FCB Pyro-line and Pillard burners on an international basis. The signing ceremony of the agreement took place in late January 2019 bringing together Song Zhi Ping, the chairman of CNBM and Frédéric Sanchez, the president of Fives.

Oman: Four French investors and technology suppliers, including Fives and Suez, have created a syndicate to develop business opportunities in the Special Economic Zone Authority of Duqm. The other partners are CMA CGM and EDF Renewables. The companies intend to assess various investment options in the area and develop them. In particular, the syndicate has an interest in a ‘global approach to cement factory ecosystems’ and related facilities including transport facilities, a solar power generation plant and the production of alternative fuels.

Taiwan/Turkey: Taiwan Cement plans to spend up to US$1.1bn on setting up a new joint venture with Turkey’s OYAK Cement. Through a new subsidiary, Dutch TCC Holdings, it intends to create a new business that will be 60% owned by OYAK Cement and 40% by Taiwan Cement. It will hold talks with OYAK Cement and if an agreement is reached the new company will operate OYAK Cement’s business in Turkey giving Taiwan Cement its first presence outside of Asia.

OYAK Cement is owned by Ordu Yardimlasma Kurumu (OYAK), the pension fund of the Turkish Armed Forces. It operates 13 integrated cement plants in Turkey with a production capacity of around 12Mt/yr. It holds a 16% market share. The plans with Taiwan Cement follow OYAK Cement’s purchase of InterCement’s operations in Portugal and Cape Verde.

Taiwan Cement hopes to gain access to the local market and the wider Mediterranean region. It said that, although it holds a production capacity of 75Mt/yr in the Greater China Region, government peak production limits and market saturation had forced it to expand internationally.

China: Anhui Conch has signed a cement sale and purchase agreement with Jiangsu Conch Building Materials with a value of up to around US$230m. Subsidiaries of Anhui Conch based in east China will sell a total of 3.5Mt of cement products to Jiangsu Conch, a non-wholly owned subsidiary of Anhui Conch. The contract will last until the end of 2018.

The agreement has been setup for a relatively short time period as a pilot scheme to test the market. The intention is to allow the direct Anhui Conch subsidiaries to focus on production and to enable Jiangsu Conch to concentrate on using its ‘centralised sales advantage.’

China/Denmark: Denmark’s FLSmdith and China National Building Material (CNBM) have signed a framework agreement about future collaboration. Song Zhiping, chairman of CNBM Group and Thomas Schulz, Group chief executive officer (CEO) of FLSmidth signed the deal at FLSmidth’s headquarters in Denmark in July 2018.

"It was a pleasure to welcome the guests and to participate in such collaborative discussions about future opportunities to work together. Through this framework agreement, we see numerous benefits over the coming years for us and our customers, such as expediting our quotation response time, which will improve our delivery performance and increase productivity," said Schulz.

FLSmidth is an engineering company that provides machinery and connected services to the cement and mineral industries. CNBM Group is both the world’s largest cement producer and a leading cement plant construction company. The companies have worked together on projects previously, such as the Relizane cement plant order for ETHRB Group in Algeria.

Nepal: Huaxin Cement has signed a project investment agreement with the Investment Board Nepal (IBN) to build a US$140m plant. Xu Gang, vice-president of Huaxin Cement signed the deal with Maha Prasad Adhikari, the chief executive (CEO) of IBN, during a visit by Nepalese Prime Minister KP Sharma Oli to Beijing, according to the Kathmandu Post. The unit will have a production capacity of 3000t/day. The local subsidiary, Huaxin Cement Narayani, has already acquired a limestone mine at Panikharkha in Dhading. The IBN will also support the project by assisting the government to build a transmission line to supply 18MW of electricity to the unit.

KP Sharma Oli also signed an agreement with the Chinese government to build a cross-border railway between Kathmandu and Kerung in Tibet.

Taiwan/Turkey: Taiwan Cement has arranged a market strategy cooperation and development deal with Turkey’s Sanko Group, according to Reuters. No other details on the arrangement have been released do far. Following the growth of clinker exports to Africa and Europe the cement producer is hoping to sign a contract to export 0.25Mt of clinker in 2018 – 2019. The deal is expected to generate up to US$8.5m for the company.