On August 15, Sinoma International announced that the company and its Saudi subsidiary had signed the EPC General Contract for the 10,000T PD Clinker Cement Production Line of Saudi Arabian Qasim Cement Company with Qasim Cement Company. The total contract price is $298 million (about 2.14 billion yuan).
The project is located in Buraidah City, the capital of Qasim Province, Saudi Arabia. The contract content is to build a cement production line with a daily output of 10,000 tons of clinker from limestone crushing to cement production and shipment in the existing plant of Qasim in EPC mode. The scope of
work includes engineering, design, procurement, manufacture, supply, insurance, delivery, inland transportation, safekeeping, multiple handling and storage of equipment, civil works, mechanical installation, electrical installation, testing, commissioning. Among them, the design, procurement and supply contracts executed by the Company amounted to USD201.3 million, and the construction, installation, equipment commissioning and assessment contracts executed by the Saudi subsidiary amounted to USD96.7 million.
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