China Sinoma unit wins contracts worth RMB5bn

China Sinoma unit wins contracts worth RMB5bn
Published: 23 September 2008

China Sinoma International Engineering announced that its two subsidiaries have signed three contracts on construction of cement production lines worth RMB5bn in total.

CBMI Construction Co Ltd, one of the subsidiaries of China Sinoma, has inked a contract worth US$491.5m with ABCC Group, a Syrian cement producer, to construct two cement production lines for the latter. The new cement production lines, which are to be completed in 37 months, have a design capacity of 3.2Mta of cement.

Another deal was signed with Holcim (Maroc) SA, a Morocco-based cement producer to extend and renovate the latter’s cement factory in Morocco. The contract, with project duration of 27 months, is valued at EUR 62.6m. Tianjin Cement Industry Design & Research Institute Co.