Volvo CE China signs biggest sales contract to date

News Volvo Construction Equipment February 22, 2006
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Volvo Construction Equipment China and Changsha Design & Research Institute of Nonferrous Metallurgy (CINF) recently signed the biggest heavy-equipment contract, since entering the China market.

According to the contract, Volvo will provide 36 40-ton A40D articulated haulers and six 11-ton L220E wheel loaders to be used in mining operations in the first phase of alumina project of Guangxi Hua Yin Aluminum Co. Delivery of the equipment will be phased in by the end of November.

The first phase of the aluminum project of Guangxi Hua Yin Aluminum Co., located in Debao County of Guangxi, is the biggest alumina project in terms of total investment, construction and production in the history of the Chinese aluminum industry. The annual production capacity will reach 1.6-million tons and represents a total investment of 8.5 billion RMB.

On Feb. 16, a contract signing ceremony was held in Changsha, the capital city of Hunan Province, between Volvo CE China and CINF. The ceremony was attended by Qin Qiwu, director of CINF, Levee Cai, deputy general manager of sales and marketing of Volvo CE China and Eric Perben, vice president of Volvo CE hauler loader business line.

Volvo CE’s successful bid for the first phase of alumina project of Guangxi Hua Yin Aluminum further demonstrates the positive outlook for Volvo CE in China. “China is a current and future strategic focus for Volvo CE, as well as for the Volvo Group. I am extremely happy to see Volvo perform and contribute to the economic growth of China,” said Keith Ellis, president of Volvo CE China.

Since Volvo established its presence in China in 2002, an increasing number of Volvo machines have appeared in mines and on tunnel, railway bridge and urban construction sites. Volvo CE China’s nation-wide distribution network ensures customers receive first class after-sales support.

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