Promac Engineering Industries Limited, the Bangalore-based heavy engineering company, has formed a joint venture with their technical collaborator and Japanese cement technology major Taiheiyo Engineering Corporation (TEC) as part of its strategy to supply large size cement plants.
The JV company will provide process and engineering technology based on their expertise. Tokyo-based TEC is a wholly owned subsidiary of Taiheiyo Cement Corporation (TCC). TCC has a total installed clinker capacity of 40Mta in Japan, USA and in several Pacific Rim countries. Promac in technical collaboration with Taiheiyo, has set up several cement plants in India, Africa, West Asia and Latin America.