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MAXAM consolidates their global presence by entering the chinese market
MAXAM consolidates their global presence by entering the chinese market MAXAM consolidates their global presence by entering the chinese market

2011.04.13


Press room - News - MAXAM consolidates their global presence by entering the chinese market

The signing of several agreements with which to foster the joint venture that is being constituted with two local partners

During the past month of October MAXAM signed an agreement to initiate the constitution of a joint venture with two Chinese partners with whom they’ve held a strong commercial relationship since over ten years ago. This joint venture will be dedicated to the manufacturing and commercialization of civil explosives and initiation systems for the sectors of mining, quarries and constructiopm of infrastructures inside the Chinese market.

The factory will be set up in the Province of Shandong. It is scheduled to start by 2013 with an initial staff of 300 people. The project involves an investment within the next years to come of 70 M€, and counts with the support on a state, regional and municipal level, of the Chinese authorities.

MAXAM’s arrival to China consolidates their global presence, an important development, along with a new project, that emphasizes MAXAM’s economic strength and efficiency when facing the financial crisis scenario that the actual international markets are going through.

 
China’s potential: mining, quarries and infrastructures

China is one of the world’s biggest mining markets and one the countries with a major activity in the sectors of building and infrastructures.

China has a great variety of mining resources distributed all over their territory. The major mining areas are found in the south of Manchuria, the peninsula of Liadong and the higher lands of the south.

Amidst the minerals, we have to draw our attention to that of the coal. The Chinese reserves of this mineral are the largest in the world. This high energy potential is enriched by the important reserves that China also holds in petroleum (the second on a worldwide scale), as also in natural gas, uranium and plutonium. We must also point out the valuable deposits of ferrous metals, such as iron, magnesium, vanadium and titanium.

The reserves of the Asian giant known as “rare earth” represent 80% of the worlds. Under this concept you can find chemical elements as diverse as the antimony, basic raw materials for different industrial use. In pharmacies as an antiemetic or in the textile sector to manufacture enamels and varnishes.

The extractive industry has an enormous level of activity in the Chinese market as a result of their high level of activity in the construction field.

Likewise happens with the potential of big projects for the construction of infrastructure means to the construction companies and their suppliers as for the manufacturers of civil explosives and initiation systems.

MAXAM

MAXAM is a service and industrial group that operates on a global scale, by developing, manufacturing and commercializing civil explosives and initiation systems for mining, quarries and infrastructures; cartridges, sports ammunition and hunting gunpowder for sports use; and products for the defense industry. Likewise, they are suppliers of key raw materials for the nitro chemical activity, for MAXAM’s own internal needs, as for the commercialization to third parties. Finally, MAXAM offers their clients a series of solutions in the field of safety and environment. This is a result of their technological development in these areas.

MAXAM is a service and industrial group that operates on a global scale, by developing, manufacturing and commercializing civil explosives and initiation systems for mining, quarries and infrastructures; cartridges,  has a turnover of approximately 1000 M€ and are present in the main mining areas of the world, with manufacturing sites in over 40 countries and sales in over 100 in the five continents – and with over a total of 6000 employees.

MAXAM’s complete offer to companies and markets where it operates, integrates high tech products of superior quality and security and the most complete technical advice, contributing with all this to the continuous improvement of the services given to their clients. Their vast international presence and respect for the environment, their endless efforts in research and patronage work, make off MAXAM an active and committedcompany, engaged with the progress and development of the society and the environment that surrounds us.

The MAXAM Foundation

The MAXAM Foundation is a non-profit entity, which channels the patronage activities of MAXAM in the culture environment, very especially in the Painting area. Furthermore, it has as mission to organize, preserve and spread the historical legacy created by MAXAM since its foundation by Alfred Nobel in 1872. It also organizes activities directed to the promotion and achievement of aims of general interest with a civic, social, educational, scientific, technological research & development character

Their main lines of action are:
  • Organize, Protect and Preserve the Historic Legacy of the Company.
  • Managing the MAXAM painting Collection that began in 1899 and which each year illustrates the famous Explosives Calendars.
  • The House of the Explosives in the Mining and Industrial Museum of Asturias (www.mumi.es).
  • The MAXAM chair of the Explosives Technology from the Higher School of Mining Engineers of the Universidad Politécnica de Madrid (UPM). Through this Chair, engineering students from different countries (Brazil, Bolivia, Spain, Finland, Hungary, Poland, Australia…) receive training on the subject in depth. All of this thanks to the agreements with International Universities.




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