(Yicai) Dec. 8 -- China's Sinoma International Engineering, the world's biggest provider of cement engineering services, said a unit has scored a EUR218 million (USD238 million) contract with Switzerland's Holcim Belgium to build a clinker cement production line.

The contract covers engineering design, mechanical and electrical equipment, steel structure procurement, supply and installation, production commissioning, technical services, and other aspects, the Beijing-based firm said yesterday. The deal takes effect immediately, it added.

The first batch of clinker will be produced within 164 weeks, Sinoma noted, adding that the provisional acceptance will be completed within 202 weeks.

Clinker is a nodular material derived by heating limestone and aluminosilicate materials such as clay and sand that is ground up with gypsum to create cement.

Sinoma's profit rose 7.5 percent to CNY2 billion (USD280 million) in the nine months ended Sept. 30 from a year ago on a 5.1 percent gain in revenue to CNY31.5 billion (USD4.4 billion). The value of new domestic and foreign cement mine technical equipment and engineering contracts it inked surged 50 percent to CNY30.9 billion, with the latest not impacting its revenue significantly.

Zug-based Holcim supplies building materials, including gypsum board, cement, and commercial concrete, along with related services and technical support.

Shares of Sinoma [SHA: 600970] fell 1 percent to close at CNY9.24 (USD1.29) apiece today, after rising by as much as 1.1 percent in the morning. The wider Shanghai market inched 0.1 percent higher.

Editor: Martin Kadiev