Chinese deal for UK firm

A UK firm has struck a major deal with China Highway Engineering Consulting Group Company (CHECSC) for road maintenance materials.
February 13, 2012 Read time: 1 min
A UK firm has struck a major deal with China Highway Engineering Consulting Group Company (CHECSC) for road maintenance materials. The Milton Keynes-based firm, 2588 ASI Solutions, has signed a £100 million Memorandum of Understanding with CHESC subsidiary HUALI for the specialist road preservative product Rhinophalt. This product is used to protect against road surface deterioration caused by weather and high traffic volumes. The agreement will see HUALI being supported by ASI personnel during 2011 on a range of projects including major highways and an airport. This interim step allows the introduction of Rhinophalt into China until a full distribution contract is agreed. With a total expressway surface area exceeding one billion m2, and a five-year growth plan which will add a further 125-150 million m2/year, this is a major contract for ASI. CHECSC is a major civil engineering operation involved with the build and repair of China's rapidly growing Expressway infrastructure. It is owned by China Communications Construction Company, a state owned and privately run group which is ranked 13th largest contractor in the world. In addition to this new Chinese agreement, ASI Solutions has an international presence with clients in India, Germany, Spain, Australia, Iceland and the Middle East.

For more information on companies in this article

Related Content

  • Visionary UK strategy ‘needed to unblock benefits of new motoring technologies’
    March 6, 2015
    The UK government Transport Select Committee has called for a Visionary UK strategy to maximise benefits of new motoring technology in its report, Motoring of the Future. The committee says new automotive technologies could unblock congested highways, deliver a step change in road safety and provide the basis for rapid industrial growth, but the Department for Transport (DfT) will need to develop a comprehensive strategy to maximise the benefits of new motoring technology, such as telematics and driverless
    Read More
  • Home based real time travel information drives reduction in car use
    January 20, 2012
    David Crawford investigates a new approach to discouraging car use - the 'kitchen as travel centre'. ITS technology working together with UK planning legislation is driving an innovative 'kitchen as travel centre' approach to home design which is boosting public transport as an alternative to car use. The combination is already proving powerful enough to assuage environmentalist opposition to major urban developments. It is also being seen as a way of delivering wider social and community benefits inside an
    Read More
  • ITS market ‘expected to reach US$24.75 billion by 2017’
    January 10, 2014
    According to the latest research report from research and Markets, the global intelligent transportation system (ITS) market is expected to reach $24.75 billion by 2017 at an estimated CAGR of 12 per cent. North America is seen as a market leader in the ITS market. This report deals with all the driving factors, restraints, and opportunities for the ITS market, which are helpful in identifying trends and key success factors for the industry. The report also profiles companies active in the field of ITS a
    Read More
  • Growth of ANPR applications for enforcement, tolling and more
    February 1, 2012
    Automatic number plate recognition continues to find new applications beyond the traditional. In coming years, we can expect the application set to grow significantly Moore's Law has seen to it that computer processing power has improved out of all comparison in the 30-plus years since the first working Automatic Number Plate Recognition (ANPR) system was created by the UK's Police Scientific Development Branch. The attendant increases in systems' capabilities have resulted in ANPR being deployed globally
    Read More

Highlighted Content