Chengdu Institute won a contract of 7.845 billion yuan for cement clinker project in Egypt

2016-06-22 09:49:39

Recently, Chengdu Design and Research Institute of Building Materials Industry Co., Ltd. and the Equipment Bureau of the Ministry of Defense of the Arab Republic of Egypt signed a "turnkey project contract for the design, supply, construction, installation and commissioning of six clinker cement production plants with a daily output of 6000 tons" in Cairo, with a contract value of 1.053 billion euros.

   Recently, Chengdu Building Materials Industry Design and Research Institute Co., Ltd. and the Equipment Bureau of the Ministry of Defense of the Arab Republic of Egypt signed a "turnkey project contract for the design, supply, construction, installation and commissioning of six clinker cement production plants with a daily output of 6000 tons " in Cairo. The contract amount is 1.053 billion euros (about 7.845 billion yuan at the exchange rate of the People's Bank of China on June 8, 2016).

   According to the announcement issued by China Material International, six new cement production lines with a daily output of 6000 tons cover the complete process from raw material crushing to packaging and shipping of cement products, including camp construction, mining platform construction, mine workshop, mine crushing and geological survey of the plant area, etc. The production lines are constructed by general contracting. Including design, equipment manufacturing, civil construction, supply and installation, commissioning and training; and provide 3-year operation and maintenance of two cement production lines with a daily output of 5,775 tons in GOE ARISH Phase II and six cement production lines in BEN SUEF signed this time. The new production line will start trial production in December 2017 and reach the contracted output within 3 months from the date of starting cement production.

   Chengdu Institute said that the contract amount of 7.845 billion yuan accounted for 34.72% of the audited revenue of Sinoma International in 2015, and the signing and implementation of the contract will provide support for Sinoma International to further expand the overseas cement engineering equipment market.

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Recently, Chengdu Design and Research Institute of Building Materials Industry Co., Ltd. and the Equipment Bureau of the Ministry of Defense of the Arab Republic of Egypt signed a "turnkey project contract for the design, supply, construction, installation and commissioning of six clinker cement production plants with a daily output of 6000 tons" in Cairo, with a contract value of 1.053 billion euros.

2016-06-22 09:49:39

At present, China's cement industry is falling into the most severe industry dilemma since this century, and merger and reorganization is an important measure to solve the situation of "downward demand, excess capacity, involution loss". Based on the current situation of China's cement industry and the experience of overseas mature market integration, this paper prospects the trend, path and mode of China's cement market integration in the future, and analyzes the potential risks that may arise, and puts forward reasonable suggestions from the three levels of government, association and enterprise. It is expected that during the "15th Five-Year Plan" period, China's cement industry will take substantial steps in mergers and acquisitions, make new major breakthroughs, effectively enhance industry concentration, and compete in the market.