Aiming for global growth in 2020 - CISDI Group sets out its bold plan

CISDI Group set out its key objectives for 2020 at its annual general meeting in mid January.

Based on analysis of the economic situation in China and abroad and development trends facing steel enterprises and engineering companies, each of CISDI’s businesses will firmly focus on the steel sector.

The Group has also pledged advancements in intelligence, urban and green projects.

CISDI has been firmly focussed on internationalisation and intelligent development for a number of years and is marching ahead with its ambition to become one of the world’s top engineering companies.

The Group’s core technology and equipment and its intelligent and green manufacturing expertise consolidated its competitiveness in the global steel sector in 2019, a year when critical areas of the business, core products and services offered to major customers were significantly strengthened.

A multitude of significant high-level projects were successfully carried out inside and outside China, including the master designs for Baowu Group’s Yancheng Steel and Hebei Jinxi Steel’s Fangchenggang Plant.

The previous year 2019 saw the Group make vigorous advancements in its expertise for intelligent manufacturing.

A number of benchmark intelligent projects went operational, following Baowu Group’s Shaogang new CISDigital Integrated Control Centre (ICC) for the plant’s stockyard, coke oven, sinter plant, blast furnace ironmaking, energy and water.

CISDigital products are also transforming WISCO’s hot mills, Zhanjiang Steel’s stockyard C and its water treatment plant.

2019 also saw the Group achieve strong momentum in international arenas. Its UK-based overseas business centre launched and CISDI Vietnam and CISDI Malaysia were registered.

CISDI’s operations in the UK, the USA and India continued to play a pioneering role in creating relationships with partners and customers in their home nations.

Orders came in from ArcelorMittal, TATA Steel, OYAK and Gunung Steel for plants across the globe – from Europe to the Middle East, Latin America to the Belt-Road Initiative route.

CISDI also saw one of its BRI plants win China’s Lu Ban prize for achievements in overseas construction. Malaysia’s biggest and most advanced steelworks, ASSB’s 3.5-million-tonne plant is situated on the Belt and Road Initiative route and has created many local jobs. CISDI was the master designer and core equipment package supplier for the steelworks.

During 2020 the Group will push ahead to optimise the development of its four major sectors.

A comprehensive alignment with international standards will boost the company’s quest for internationalisation.

Upgrades will continue to be strived for in engineering design, project management, cross-cultural communications and business management. Investment will be made in increasing staff expertise and experience.

The company is also pledging to achieve more research and development results and create further market and efficiency-driven technologies.

CISDI Group’s 2020 annual meeting, staged at the company’s headquarters in Chongqing