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(Yicai Global) Dec. 2 -- China’s Sinoma International Engineering, the world’s biggest provider of cement engineering services, has scored a USD300 million engineering, procurement and construction contract from Kenya’s Savannah Cement to build a cement plant and supporting power generating complex in the East African country.
Sinoma will construct a clinker production line with a daily output of 8,000 tons, a cement grinding, packaging and forwarding system with an output of 100 tons per hour, as well as a supporting power station in Kitui, which lies to the east of the capital Nairobi, the Beijing-based firm said yesterday.
The company will provide a full range of services from engineering design, equipment procurement and supply, civil construction, equipment installation and commissioning as well as personnel training, it said.
Sinoma will ensure that the new plant starts producing cement clinker, which is an intermediary product in the manufacture of cement, within two years, that the production of cement will begin one month after that and that the project will be handed over four months later, it said.
The EPC contract will take effect as soon as the firm receives downpayment and the plant site meets the conditions for starting construction, Sinoma said.
It is Sinoma’s second overseas contract for a cement plant in less than a month. In early November, it said it has been appointed EPC contractor for a USD220 million cement factory in Riyadh, Saudi Arabia. Sinoma has built 286 cement clinker production lines in 84 countries so far, according to its website.
Sinoma’s stock price [SHA:600970] was trading up 1.5 percent at CNY9.48 (USD1.34) as of 11.30 China time today.
Editor: Kim Taylor