Tianjin Cement Industry Design & Research Institute, a wholly-owned subsidiary of Sinoma International Engineering (600970), won a contract worth 72 million Euros to build a cement production line from the Indian unit of Lafarge Group, the world's largest producer of cement, reports China Securities Journal, citing a company filing.
Located in Rajasthan in the northwestern part of India, the cement production line will have a daily capacity of 5,000 tons upon its completion.
According to the agreement, Tianjin Cement Industry Design & Research Institute will provide engineering design, equipment purchase, consulting and related services.
From China Cement (2010-6-2)