{"id":1780,"date":"2016-10-03T21:12:28","date_gmt":"2016-10-03T21:12:28","guid":{"rendered":"http:\/\/yinghuiinternational.com\/?p=1780"},"modified":"2016-10-03T21:13:58","modified_gmt":"2016-10-03T21:13:58","slug":"flsmidth-and-chinas-northern-heavy-industries-sign-joint-venture-agreement","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2016\/10\/03\/flsmidth-and-chinas-northern-heavy-industries-sign-joint-venture-agreement\/","title":{"rendered":"FLSmidth and China\u2019s Northern Heavy Industries sign joint venture agreement"},"content":{"rendered":"
\n

\"20131209091943_36419\"<\/h1>\n<\/div>\n
\n

FLSmidth and Northern Heavy Industries Group Co Ltd (NHI Group), based in Shenyang, China, have signed an agreement to enter into a joint venture \u2013 with an equal amount of shares \u2013 for the design and supply of mining equipment<\/a> targeting the mid-market segment. The joint venture will be established with its own board of directors and management under the name NHI-Fuller (Shenyang) Mining Co Ltd (NHI-Fuller)<\/span>, which will financially report results as part of the Minerals Division in FLSmidth. Subject to obtaining regulatory approval, it is anticipated that NHI-Fuller will be operational in the first quarter of 2017.<\/p>\n

The NHI-Fuller products will be designed for the specific needs of mid-market or capex-sensitive customers in the mining industry and will be marketed under the NHI-Fuller brand name. While the initial focus will be to supply crushing products, the goal of the joint venture will be to become the leading mid-market mining equipment supplier for other product lines as well.<\/p>\n

\u201cIn 2014, we announced that part of our strategy in the Minerals Division was to enter the expanding mid-market for mining equipment. With the NHI Group, we have now found a perfect industrial partner for this quest,\u201d says Group Executive Vice President of the Minerals Division in FLSmidth, Manfred Schaffer.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FLSmidth and Northern Heavy Industries Group Co Ltd (NHI Group), based in Shenyang, China, have signed an agreement to enter into a joint venture \u2013 with an equal amount of shares \u2013 for the design and supply of mining equipment targeting the mid-market segment. The joint venture will be established with its own board of … Continue reading “FLSmidth and China\u2019s Northern Heavy Industries sign joint venture agreement”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6,7],"tags":[],"class_list":["post-1780","post","type-post","status-publish","format-standard","hentry","category-mines-and-quarry","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-sI","jetpack-related-posts":[{"id":1347,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/04\/20\/flsmidth-enters-into-strategic-agreement-with-wirtgen-group\/","url_meta":{"origin":1780,"position":0},"title":"FLSmidth enters into strategic agreement with Wirtgen Group","author":"yinghui","date":"April 20, 2016","format":false,"excerpt":"Global cement and minerals processing leader FLSmidth has partnered with Wirtgen Group company Kleemann for the supply of cone crushers for mobile applications in the construction industry. Kleemann is the global technology leader within the road and construction machinery segment. The long-term cooperation agreement between the two industry majors leverages\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"Events","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/04\/Events.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8003,"url":"https:\/\/yinghuiinternational.com\/index.php\/2021\/07\/30\/flsmidth-splashes-out-for-thyssenkrupp-mining-business\/","url_meta":{"origin":1780,"position":1},"title":"FLSmidth splashes out for thyssenkrupp mining business","author":"yinghui","date":"July 30, 2021","format":false,"excerpt":"FLSmidth has agreed to purchase thyssenkrupp\u2019s Mining Technologies business (TK Mining) for \u20ac325 million ($522.28 million) to create a pit-to-plant technology solution with a sustainable focus. The deal was highly amenable as both companies had complementary interests in transforming their businesses. FLSmidth is a Danish company which serves over 60\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"FLSmidth","src":"https:\/\/i0.wp.com\/dszs098s1om2l.cloudfront.net\/australianmining.com.au\/2020\/02\/05115942\/shutterstock_693164098-agreement-604x270.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/dszs098s1om2l.cloudfront.net\/australianmining.com.au\/2020\/02\/05115942\/shutterstock_693164098-agreement-604x270.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/dszs098s1om2l.cloudfront.net\/australianmining.com.au\/2020\/02\/05115942\/shutterstock_693164098-agreement-604x270.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2953,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/05\/01\/2953\/","url_meta":{"origin":1780,"position":2},"title":"FLSmidth realignment to focus on mining and cement","author":"yinghui","date":"May 1, 2018","format":false,"excerpt":"FLSmidth will realign the global group from July, with focus on the mining and cement industries. The organisation announced last week it would focus on the two industries, supported by a regional setup that would aim to strengthen customer focus and lifecycle solutions, combined with a new central digital organisation.\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"fls-facility","src":"https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2018\/05\/fls-facility-604x270.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2018\/05\/fls-facility-604x270.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2018\/05\/fls-facility-604x270.png?resize=525%2C300 1.5x"},"classes":[]},{"id":8990,"url":"https:\/\/yinghuiinternational.com\/index.php\/2025\/06\/20\/8990\/","url_meta":{"origin":1780,"position":3},"title":"FLSmidth signs agreement to sell its Cement business","author":"yinghui","date":"June 20, 2025","format":false,"excerpt":"by\u00a0Guy Woodford FLSmidth has agreed to sell its Cement business to an affiliate of Pacific Avenue Capital Partners. Image\/FLSmidth Share on FacebookShare on Twitter FLSmidth has agreed to sell its Cement business to an affiliate of Pacific Avenue Capital Partners, a global private equity firm specialising in carve-outs and other\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/news\/"},"img":{"alt_text":"FLSmidth has agreed to sell its Cement business to an affiliate of Pacific Avenue Capital Partners. Image\/FLSmidth","src":"https:\/\/i0.wp.com\/www.aggbusiness.com\/wp-content\/uploads\/2025\/06\/FLSmidth_logoheadquarters-750x500.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.aggbusiness.com\/wp-content\/uploads\/2025\/06\/FLSmidth_logoheadquarters-750x500.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.aggbusiness.com\/wp-content\/uploads\/2025\/06\/FLSmidth_logoheadquarters-750x500.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.aggbusiness.com\/wp-content\/uploads\/2025\/06\/FLSmidth_logoheadquarters-750x500.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":2650,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/03\/01\/flsmidth-completes-acquisition-of-sandvik-mining-systems-projects-business\/","url_meta":{"origin":1780,"position":4},"title":"FLSmidth completes acquisition of Sandvik Mining Systems projects business","author":"yinghui","date":"March 1, 2018","format":false,"excerpt":"With the transfer of assets in South Africa now completed, the previously announced acquisition of the Sandvik Mining Systems projects business has been finalised. The acquisition includes continuous surface mining and minerals handling technologies and competences that strengthen the company\u2019s core minerals business. By integrating the mining systems projects business\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":782,"url":"https:\/\/yinghuiinternational.com\/index.php\/2015\/01\/20\/brick-supplier-joint-venture-to-proceed\/","url_meta":{"origin":1780,"position":5},"title":"BRICK SUPPLIER JOINT VENTURE TO PROCEED","author":"yinghui","date":"January 20, 2015","format":false,"excerpt":"A joint venture between Australia\u2019s two largest brick suppliers will proceed after getting the green light from the consumer watchdog. Boral and CSR\u2019s proposal to combine their east coast brick operations in a joint venture was first announced in April 2014. The joint venture will be 60 per cent owned\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/1780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=1780"}],"version-history":[{"count":2,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/1780\/revisions"}],"predecessor-version":[{"id":1782,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/1780\/revisions\/1782"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=1780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=1780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=1780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}