Displaying items by tag: agreement
Metso signs distribution agreement with Process Control Equipment to cover UK, Benelux and Spain
28 June 2017Finland: Metso has signed a distribution agreement for its valve products with Process Control Equipment (PCE) to cover the UK, Benelux and Spain. Under the non-exclusive agreement, PCE will add to its current portfolio of Metso's Neles and Jamesbury product families for all process industries in all countries. PCE has been distributing Metso's Jamesbury valves in the UK since 2012.
"The new agreement brings benefits for Metso's customers in UK, Benelux and Spain to ensure better availability and service support for them. The expansion of distributors in these countries will bring additional value, including more local support, local inventories, and faster deliveries of our products," said Kyle Rayhill, Director of Global Distribution, Flow Control, Metso.
Uzbekistan: Uzqurilishmateriallari, with the Government of Uzbekistan, and Eurocement Group have signed a memorandum of cooperation in connection to joint projects including the construction of a cement plant. Filaret Galchev, Eurocement’s chairman of the board of directors, and Elyor Ganiev, the Ministry of Foreign Economic Relations, Investments and Trade, signed the agreement, according to Uz Daily. The deal includes cooperation towards building a 2.4Mt/yr cement plant with Eurocement’s local subsidiary Akhangarancement and plans for refractory and insulation materials projects. Altogether the investment is around US$220m. The agreement also includes cooperation in producing new ‘export-orientated’ building materials.
Uzbekistan: Russia’s Eurocement has signed an agreement with Uzqurilishmateriallari to build a 2.4Mt/yr cement plant. It is scheduled for completion by 2020. The new plant will be Eurocement’s second plant in the country and it will increase its total cement production capacity to over 4Mt/yr. Eurocement already owns a 84% stake in Uzbekistan’s second largest cement producer Akhangaracement after purchasing a 76% stake in it from Switzerland’s Zeromax in 2006.
Petron Engineering to build silos for Shree grinding plant
05 January 2017India: Petron Engineering Construction has received a letter of intent to build silos and other miscellaneous work at Shree Cement’s cement grinding plant near Cuttack in Orissa. The contract is valued at just under US$5m, according to Accord Fintech. In September 2016 Petron received letter of intent from Shree Cement for civil work at cement plants in Aurangabad, Bihar and Gulbarga, Karnataka with a contract value of just under US$7.5m.
McInnis Cement to use Gaspesian Rail for distribution of cement
03 January 2017Canada: McInnis Cement has signed an agreement with the Gaspé railway corporation (SCFG) to distribute cement from New Richmond, Quebec to various Canadian and US markets. The agreement covers the transportation of 140,000t of cement over a five-year period.
“The use of rail combined with the efficiency of maritime transport provides McInnis the flexibility and competitiveness needed for the distribution of cement that will be produced by the company commencing in the Spring of 2017,” said McInnis Cement chief executive officer, Hervé Mallet. He added that the company might increase its volumes when conditions permit.
The cement will be loaded onto trucks at the plant site in Port-Daniel–Gascons, transported to New Richmond, and then trans-shipped onto tenders through a weight bin to be installed by SCFG. The first shipments are expected to start a few weeks after the plant becomes operational.
China Resources Cement enters into strategic agreement with BBMG
20 December 2016China: China Resources Cement and BBMG Corporation have entered into a strategic co-operation agreement. According to the agreement the companies shall jointly explore Chinese and overseas markets and promote technology for the industry. Both parties intend to create a 'market communications mechanism' to share information on the market, production and technology. China Resources Cement previously signed a similar agreement with Anhui Conch in July 2016, although that agreement subsequently fell apart.
Portland Cement Association and Mine Safety and Health Administration renew safety and health agreement
22 September 2016US: The Portland Cement Association (PCA) and the US Department of Labor’s Mine Safety and Health Administration (MSHA) has renewed for three years an on-going alliance aimed at fostering safer and more healthierl working conditions in the cement industry. Started in 2008, the agreement has enabled the PCA and the MSHA to share information, guidance and training resources to help protect the health and safety of all cement industry employees.
“Over the past seven years, this alliance has facilitated a productive collaboration between the cement industry and the regulatory agency, which has resulted in measurable safety and health benefits to cement industry employees,” said PCA President and CEO James G Toscas.
Sri Lanka: Tokyo Cement Group entered into a collaboration agreement with Ube Industries from 1 August 2016 for technical support services and to import raw materials from Japan, to manufacture ‘high quality’ cement.
CNBM may buy shares in Russia’s Eurocement Group
27 June 2016Russia: China National Building Materials Group Corporation (CNBM) plans to become a shareholder of Eurocement Group. The companies signed an agreement on cooperation in production of construction materials in China on 25 June 2016 in the presence of Russian President Vladimir Putin and President of the People's Republic of China Xi Jinping.
The companies have agreed to upgrade Eurocement’s cement plants and construct new production lines for dry process production of cement. The agreement also envisages establishing clusters for production of construction materials in seven Russian federal districts at the basis of the local company. Local media reports that CNBM will invest US$5bn in the project.
China: Anhui Conch and China Resources Cement have entered into a strategic co-operation agreement. According to the agreement Anhui Conch shall assist the China Resources Cement in the construction and the upgrade of its cement plants. Both parties intend to build a knowledge transfer system to allow their experience in production, technology and business management to be shared. They also have agreed to jointly promote the sustainable and healthy development of the cement industry in China and explore the possibilities of co-operation in China and overseas.