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

  • Canon to acquire Axis, expand video surveillance
    February 10, 2015
    Canon is to buy Swedish network video solutions specialist Axis Communications for US$2.8 billion, in the Japanese camera maker’s biggest-ever acquisition. As a key strategy toward the achievement its goal of maintaining its highly profitable structure and joining the ranks of the world’s top 100 companies, Canon aims to develop new business through globalised diversification.
    Read More
  • Missouri’s smart solution for rural road monitoring
    July 7, 2017
    David Crawford sees how Missouri is using commercially available information to rapidly improve monitoring and driver information on rural highways. Missouri is a predominantly rural state with the second largest number of farms in the country and agriculture the main occupation in 97 of its 114 counties. US statistics starkly reveal how road accidents in rural areas tend to be more serious than in urban regions and of the 32,000 US motorists killed each year, 54% die on roads in rural areas even though onl
    Read More
  • Deals done aplenty at Intertraffic
    April 6, 2016
    Intertraffic is a place to do international business, as is being demonstrated by a series of contract and MOU signings at the show. Three significant signings are taking place in the Dutch Pavilion the first of which was by UK enforcement specialist Redspeed, which signed a deal with Dutch approval body NMI. This will see NMI testing Redspeed’s speed cameras and ANPR equipment for the bespoke approval standards of all countries outside of the UK.
    Read More
  • Temporary traffic monitoring with Bluetooth and wi-fi
    May 31, 2013
    David Crawford reviews developments in temporary ITS. Widespread take-up of technologies such as Bluetooth and wi-fi are encouraging the emergence of more sophisticated, while still cost effective, ITS responses to the traffic issues posed by temporary road situations such as work zones and special events. Andy Graham of traffic solutions specialists White Willow Consulting says: “A machine-to-machine radio link is far easier and cheaper than reading characters on a plate.” There can be other plusses. Tech
    Read More

Highlighted Content