MCC:
MCC’s CTO (chief technical officer) & his team visited our plant for long term tie-up of supply & technology and became our partner for growth.
MCC is the world’s largest and strongest metallurgical construction contractor and operation service provider, one of the state-recognized major resource enterprises& China’s largest steel structure producer. MCC Overseas Ltd (MCCO) is an international engineering service company wholly owned by Metallurgical Corporation of China Ltd (MCC), a Fortune 500 company.
Both parties are exploring the possibilities of jointly setting up of coke oven facilities exclusively for Essar, RINL, JSPL, Tata Steel, KIOCL, Mukund & Kalyani, Sunflag, Rashmi Metalliks or anywhere in India or abroad depending upon the demand and procurement needs of the end customer.
Simplex group is also having certain pollution clearance license for coke plant in the pipeline in Gujarat& Maharashtra for 2 million ton and Andhra Pradesh&Orissa for 1.5 million ton, which is added advantage for both parties to explore further opportunities in coke industry in our endeavor to become one of the largest coke manufacturer.
CERA:
Mr. Vatsal Agarwaal, is the Associate Vice-President (AVP) of Mumbai Region of CERA.
Construction Equipment Rental Association (CERA) represents India’s construction equipment rental industry and works to create and sustain an environment conducive to the growth and development of equipment rental industry. CERA is a national organization registered with Government of India. It is a not-for-profit, industry-led and industry-managed organization, playing a proactive role in India’s infrastructure development process.
CERA is also committed towards building strong relationship between construction equipment rental industry, construction equipment manufacturers, construction companies and financers.
CERA’s Public Affairs team strives to build consensus on contentious infrastructure, economic, political and social issues. As consensus leads to success, therefore the team engages in dialogue with Members of Parliament, MLAs at state level, political parties and NGOs on issues related to the betterment of industry and India as a whole.
ZOOMLION:
Zoomlion & Simplex have entered into an understanding to create rental products & services never seen before in Indian rental market.
Simplex and Zoomlion has signed an MOU REGARDING RENT TO SALE.
Brief about the MOU:-M/S Zoomlion & M/S Simplex, has already signed an MOU dated 25thSeptember 2019 expressing desire of ZOOMLION to market its products on a large scale in the Indian Market.
- 1. ZOOMLION desires to rent out its products that are being manufactured in China at its various plants such as Piling rigs ZR 220 on rent to sale basis in the India for periods ranging from 2 years, Simplex has expressed its desire to take these equipment on rent to sale basis for the period so decided (with no interest chargeable to Simplex)
- 2. ZOOMLION shall initially offer Piling rigs ZR 220 or more under the rent to sale agreement & both parties agreed to increase the supply / market of the ZOOMLION equipment in future. Both shall make all out efforts to increase the sales year over year using different Chinese financing mechanism.
- 3. It was agreed that initially ZOOMLION shall own the equipment & shall offer the same equipment to Simplex on dry lease for a period as may be decided at the time of entering into dry lease agreement. During the initial period, all the applicable taxes / duties, insurance, transit insurance, maintenance of equipment, freight charges, etc shall be borne by ZOOMLION.
Zoomlion Heavy Industry Science & Technology Co., Ltd. is mainly engaged in developing and manufacturing major high-tech equipment in the areas of engineering industry and agricultural industry. With more than 20 years of innovation and development, the company is now a global enterprise possessing 10 major categories and 55 product lines, as well as nearly 460 leading products. Zoomlion is China's first construction machinery company to be listed on both Shenzhen and Hong Kong stock exchanges, with registered capital amounting to RMB 7.664 billion.
Together they plan to support the Indian rental industry to offering new forms of rental products and services in joint understanding.
XCMG:
XCMG & Simplex have entered into an understanding.
XCMG is a Chinese multinational state-owned heavy machinery manufacturing company with headquarters in Xuzhou, Jiangsu. As of 2016, it ranks 5th in the world's construction machinery industry, 122nd among the Top 500 Chinese enterprises, 49th among the Top 100 enterprises in the Chinese manufacturing industry, and 2nd among the Top 100 enterprises in Chinese machine-building industry. These ranks are in terms of size, as it is a large enterprise Chinese construction company.
CASAGRANDE:
Simplex &Casagrande have a long standing relationship by way of which it runs variousCasagrande brandedpiling rigs all over India.
Casagrande S.P.A. is a world-class manufacturer of foundation equipment. It designs and produces hydraulic crawler cranes, large diameter piling rigs, equipment for diaphragm walls, small diameter drilling rigs, machines for tunnels, geothermal drill rigs and grouting plants.
Casagrande supply piling rigs and crawler drills for micropiling, anchoring and jet-grouting, diaphragm wall equipment as well as special tunnel consolidation equipment, offering more than 200 solutions, all of which can be customized. Over and above being the outcome of strenuous research and development, all this is the materialization of a successful combination of genius and strategic vision that gives rise to targeted concepts, adjusted to suit the purpose, the target and the range of performances of our equipment.
Vimla Fuels & Metals Private Limited
Simplex Coke and Refractory (SCORE) & Vimla have entered into an understanding on 2nd day of October 2019.
It is understood that SCORE and VFMPL shall incorporate a new JV company or acquire an existing company (VFMPL) to start there new business in joint collaboration and the JVC Company shall be owned 50:50 by both party.
It is further understood that following proposed business shall start/do under the joint collaboration between SCORE and VFMPL.-
- • Operate the Coke oven plant and manufacture and trading of the Coke and Coal under joint collaboration.
- • To start 10 Megawatt Power plant to observe the west heat generated from the coke oven during the coke manufacturing process.
- • Score shall offer a rolling mill plant of its associates company into JV to start the rolling mill plant under joint collaboration.
Vimla Fuels & Metals Private Limitedis a manufacturer& trader, who are highly dedicated towards offering a good quality coking coal, breeze coke, coke fines, coke ash, steam coal, nut coke, pearl coke, petroleum coke and much more.
Mahalaxmi Group:-
The Group comprises of 13 companies. continues to cast and extend its advantages through listed platforms at home and abroad, gearing to international conventions with self-conscious introspection, accelerating improvement of traditional management and operation modes, sticking to technological & systematic innovation and adhering to operation with integrity.
Presently, the Group leads in bulk imports and domestic purchase of Coal in India and caters to its Rich clientele across the country covering North, East, West and Central India.
The Group dominates on the market share in Coal Business based on the “Strength” of its sound Financial standing and Strong Distribution network amongst huge base of Dealers, Sub-dealers and Direct Consumers.
Mahalaxmi work on various interests such as Manufacturing/Trading/Distribution of Coal, Coke, Minerals, Mining, Real Estate & Infrastructure, Logistics, Paper, Rice, Sugar, Mustard Oil, Dairy products, Bamboo and other commodities.
In the current fiscal, the Group Turnover is nearing INR 10-billion mark.
Why Rental is more profitable business than ownership:- * Complete Projects Faster
- * More Profit on Projects
- * Better your Borrowing Power
- * No capital loss in books
- * Minimize Costly Breakdown
- * No Maintenance Cost
- * No Storage/Resale Cost
- * No Equipment obsolescence
