Bateman Engineering signs strategic agreement with
Chinese manufacturer
Bateman Engineered Technologies, a division of Bateman Engineering
N.V., and CITIC Heavy Machinery ("CITIC") have entered into
a formal agreement through which Bateman Engineered Technologies will
have the exclusive licence to market CITIC's leading range of mills
and tube mills in Southern Africa.
Established in 1956, CITIC is one of the largest heavy machinery
manufacturers in the People's Republic of China, with its major business
being to supply complete mechanical and automatic control equipment
to a range of industries such as the mining, construction materials,
metallurgy, non-ferrous metal, power generating, chemical and environmental
protection industries. Capable of producing steel castings as heavy
as 200t in one single piece, its products are marketed globally.
The agreement was facilitated by The Beijing Axis (TBA), with which
Bateman Engineered Technologies has an agreement in terms of which
TBA will provide specialised services.
TBA operates as a business bridge between China and Africa, providing
strategic business advice, operational support and trade solutions
to organisations with an Africa-China agenda. It maintains offices
and a business infrastructure in Beijing, and will assist Bateman
Engineered Technologies by facilitating the importing of comminution
and materials handling equipment, water pumps, grinding mills and
other applicable equipment and technology for distribution in Africa
and Bateman Engineering projects globally. Besides CITIC, a number
of potential partnering companies have already been identified for
these purposes.
TBA will also facilitate the exporting, by Bateman Engineered Technologies,
of system engineering services related to bulk materials handling
and other applicable equipment and technology to China. Furthermore,
it has agreed to develop opportunities for Bateman Engineered Technologies
to meet suitable potential partners to build, and / or own and operate
process plants in China and to assist it with general marketing activities
in China.
Commenting on the agreements with CITIC and TBA, Arnold Matthee,
Managing Director of Bateman Engineered Technologies, said: "These
agreements are an important step forward in further cementing our
relationship with the Chinese market, which we see as a strategically
important element of our globalisation initiative."
For further information, please contact John Watson, Marketing Manager,
Bateman Engineered Technologies,
on +27-11-201-2300 or email engtech@BatemanEngineering.com.
