Ishikawajima-Harima Heavy Industries Company of Japan signed a contract with the Bim Son Cement Company on April 27 to provide designs, equipment, materials and technical services for a new production line of the latter.
This is the most important bidding package costing VND2 trillion ($12.6m) among 72 bidding packages of the new production line at the Bim Son Cement Co in central Thanh Hoa province.
The contract will be carried out over 33 months since the signing date.
The new production line, equipped with advanced reverted furnace technology, has a total investment of VND4tn ($25.3m) and is designed to turn out 2Mta.
Construction of the line will start in the fourth quarter of this year for completion at the end of 2008, meeting the requirements of the country’s cement industry development plan in the 2006-2001 period.