CNBM and Fives sign strategic agreement for at least €600M

China National Building Material Company (CNBM) and Fives signed a strategic agreement covering at least €600 million in business over three years, focusing on upgrading CNBM's cement plants in China, building new plants outside China, and creating a Joint Engineering Centre in Shanghai.

“It forecasts a volume of business of at least Euro600m over three years, and forms part of CNBM’s stated strategy of developing in partnership with western companies.”globalcement.com

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• globalcement.comCNBM and Fives sign strategic agreement for projects worth at least Euro600mGlobal Cement staffApr 1, 2019

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