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News Displaying items by tag: agreement

Displaying items by tag: agreement

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CNBM and Fives sign collaboration agreement

01 February 2019

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.

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Fives and Suez part of consortium to develop industrial complex at Duqm

30 November 2018

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.

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Taiwan Cement to invest up to US$1.1bn in Turkish joint venture with OYAK Cement

30 October 2018

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.

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Anhui Conch starts cement sales contract with Jiangsu Conch Building Materials

02 October 2018

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.’

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FLSmidth and China National Building Material sign framework agreement

17 July 2018

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.

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Huaxin Cement to build US$140m plant in Nepal

25 June 2018

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.

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Taiwan Cement strikes cooperation deal with Sanko Group

15 June 2018

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.

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Siemens signs agreement with China Resources Cement

07 June 2018

Germany/China: Siemens has signed 10 agreements with Chinese companies, including China Resources Cement, to support the Belt and Road Initiative (BRI). Other companies it has struck deals with include China Gezhouba Group Corporation International Engineering, Guangdong Yuedian Group, China National Chemical Engineering Group, China Railway Construction and China Civil Engineering Construction.

"As a long-term and well-established partner of China and its industries, we support the call of the Belt and Road Initiative and take another solid step forward on a larger scale and a wider scope", said Joe Kaeser, President and chief executive officer (CEO) of Siemens, witnessing the signing taking place during the BRI Summit in Beijing. He added that the BRI was a ‘wise and powerful’ for force for accelerating infrastructure development already in participating countries.

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ACC and Ambuja enter Master Supply Agreement

13 March 2018

India: With a merger of LafargeHolcim subsidiaries ACC and Ambuja Cement on hold, the two companies have proposed entering into a Master Supply Agreement (MSA) with each other with the aims of increasing synergies, reducing operational costs and increasing the companies’ joint sustainability.

This agreement is for supply of cement, clinker, raw materials (including fuel, fly ash, slag, gypsum etc), spare parts and for providing toll grinding services at certain plants. This will be executed through purchase orders, subject to a pricing formula. This will enable each company to optimise the cost of servicing markets by using each other’s plant’s capabilities, maximise the utilisation of assets to generate additional sales for each company and make best use of their joint spare inventory.

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Unions express dismay at LafargeHolcim’s failure to sign labour agreement

11 January 2018

Switzerland: The IndustriALL Global Union and Building and Wood Workers’ International (BWI) have expressed their dismay at LafargeHolcim’s failure to sign a global framework agreement intended to support industrial relations. The company signed a memorandum of understanding committing to sign the agreement in July 2017. However, the unions’ say that LafargeHolcim backed out of the deal in late December 2017, saying that its current internal arrangements were sufficient.

The unions, together with other international and national partners, have called on LafargeHolcim to sign the agreement, stop poor treatment of sub-contracted and third party workers by the company and to prioritise the health and safety of all of its workers.

“This recent decision to break the agreement on building a social dialogue further damages the credibility of the company. We strongly believe that the shareholders, board of directors and all decision makers in LafargeHolcim must think carefully what the future will hold for LafargeHolcim if this destructive approach prevails,” said Valter Sanches, the General Secretary of IndustriALL.

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