CITIC Heavy Industry signed a 161 million-dollar contract with Mongolian UBH Company

Source: Internet
Author: User
Keywords Signed Citic Heavy industry cement
China Securities Network News (reporter Zhou Fan) September 23 afternoon, Citic Heavy industry (601608, shares bar) issued on the signing of the daily operation of major contracts announcement.  The bulletin said that Citic Heavy industry and Mongolia UBH Company signed a "Mongolian Khukh Tolgoi 3200tpd Cement production line and auxiliary engineering EPC Contract", the total contract amount of 161 million U.S. dollars (about 994 million yuan). Mongolian Ubh Company is a real estate industry-oriented joint-stock private enterprises, the company was founded in 1997, since 2003 began to enter the construction field.  The main content of this contract, Citic Heavy industry in accordance with the terms and conditions stipulated in the contract to assume the 3200t/d cement production line design, manufacture, supply, installation, construction, technical service training. Company introduction, in recent years, the company to energy conservation and environmental protection industry and other strategic emerging industries as the direction of development, to increase new products, new technology research and industrialization process, the key research and development projects have new progress.  The first demonstration project of "using cement kiln to treat municipal solid waste" can realize the target of 350 tons of long-term stable operation, with the condition of industrialization popularization. "The company through strong technical marketing integration strategy, and actively explore international customers." "Company leaders, the company set up business in the Southeast Asian market has laid a good foundation."  With Thailand SCG Company successfully signed the Cambodian KCC2500T/D Cement production line Package project, and Mongolia UBH Company signed cement production line and auxiliary engineering EPC contract, embodies the company's large sets of industry, energy saving and environmental protection industry experience and achievements, for follow-up market development provides support. The company said that because the contract amount accounted for the company 2012 annual operating income 13.73%, the contract signing and the smooth implementation will have the positive influence to the company future operation.
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