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.
