Sinoma EC signed EPC Contracts with SCG for the WHR Project of VCM & SG, Vietnam

On 8 Dec. 2017, Sinoma Energy Conservation Ltd. (hereinafter referred as "Sinoma EC") signed EPC contracts for the WHR Project at VCM and SG in Vietnam with SIAM CEMENT GROUP (hereinafter referred as "SCG") in Bangkok on the occasion of its 104th anniversary of establishment in Thailand, and the total contract value is about 20.03 million USD.

Mr. Wang Yi, President Assistant & GM of WHR Business Division of Sinoma EC and Mr. Noppasak Jitsakulchaidej, CFO of Vietnam companies of SCG, respectively, signed the contracts on behalf of both parties. Following the successful implementation and stable operation of the waste heat power generation projects at STS, STL and SLP cement plants of SCG in Thailand, once again Sinoma EC joint hands with SCG in the field of waste heat power generation, which is also another important order followed the successful implementation and stable operation of the WHR project of HON CHONG plant under HOLCIM Group in Vietnam.

There are two WHR power generation projects signed this time, with the total installed capacity up to 17.5MW, including one 10MW WHR power station for VCM where it currently has a 5000t/d cement production line (which was built by HCRDI in June, 2010, and was 100% wholly acquired by SCG in the beginning of 2017); and the other 7.5MW WHR power station for SG where it currently has a 4000t/d cement production line (which was built by POLYSIUS in 2006 and 100% wholly acquired by SCG in July, 2017).

Sinoma EC, by virtue of its rich technical strength, fine working style, high-efficient project management mode and team, sincere service attitude, the technical and commercial proposal with higher industrial and technological level during the project bidding, as well as the teamwork, high-efficiency, conscientiousness, and realistic working attitude, clear project implementation concept and methods and high professional ethics and dedication presented during the bidding and negotiation, stood out among numerous competitors, again achieved the trust and acceptance of SCG and was awarded the above two EPC contracts. It is most delightful that Sinoma EC had given full play of the brand, resource and experience advantages of CNBM for the development of “going abroad”, and had cooperated with brother company, Sinoma (Suzhou) Construction Co., Ltd., with the help of its experiences and construction strength in the market of Vietnam for many years, to make the best of both companies as alliance, which provides strong and powerful support and guarantee for the smooth project construction in the future.

The signing of these two projects, has once again proved the forerunner and leader position of Sinoma EC in the field of cement WHR power generation technology and equipment supply in the international market, moreover, it has demonstrated that the brand and market influence of Sinoma EC is getting stronger and received more and more acceptance by the major customer at home and abroad, which will pave a solid foundation for its further overseas market occupation, and will build up the fine corporate image of Sinoma EC worldwide.

Mr. Charoenmun Chaliewkriangkrai, Plant Manager of SG, Mr. Varongsit Marrat, Plant Manager of VCM, Mr. Gao Wen and Mr. Liu Geng, Marketing Manager of WHR Business Division of Sinoma EC, etc. attended the signing ceremony.