KHD announces China partnership

KHD announces China partnership
Published: 22 December 2010

KHD Humboldt Wedag International AG announced today that it has entered into a strategic partnership with Beijing-based CATIC Beijing Co., Ltd. (CATIC), a subsidiary of China’s state-owned CATIC International Holdings Ltd, to capitalise on the rapidly expanding international market for the construction of cement plants. KHD’s Director Jouni Salo said that KHD and CATIC combined will be able to bid on a wider range of projects, including large turnkey projects, and penetrate the most important cement markets including China itself, the largest single market in the world, and other countries and regions as KHD and CATIC see fit.