TYME signed a cooperation framework agreement with CFHI Tianjin Heavy Industry

On May 1, 2020, on the occasion of the Labor Festival, the TYME management team and CFHI Tianjin Heavy Industry Management Group signed a cooperation framework agreement in the conference room of the collective headquarters of the CFHI Tianjin Heavy Industry.

TYME and CFHI Tianjin Heavy Industry have long-term mutually beneficial cooperation in the metallurgical industry. Recently, the cooperation has gradually deepened the cooperation between the two parties in the field of steelmaking. In the emerging cooperation, TYME gradually provides related technical services and support in short-flow steelmaking, especially in the field of electric furnace equipment and technical services, including electric arc furnaces (EAF), submerged arc furnaces (SAF), ladle furnaces (LF), and vacuum furnaces(VD/VOD). TYME also has rich experience in electric furnaces, and has carried out some electric furnace projects overseas, which have been well received by customers.

CFHI Tianjin Heavy Industry is a state-owned enterprise in the equipment manufacturing industry. It has long been committed to providing various types of technical equipment for various industries. Its heavy industry ranks the top in China. In this cooperation, it mainly provides related technical support and services in the rolling mill. CFHI Tianjin Heavy Industry has excellent performance equipment, advanced technology and rich experience in the field of rolling mills, an outstanding team of talents, especially in the field of strip rolling mills. It has the leading level in the country. The largest 2550mm stainless steel slab rolling mill in the world is owned by CFHI Tianjin Heavy Industry.

TYME and CFHI Tianjin Heavy Industry agreed that they can combine their respective advantages and conditions to jointly develop overseas markets on the basis of complementary advantages, mutual benefit and common development. TYME is responsible for overseas market development, overseas customer development, rolling mill project exploration and other related work, The CFHI Tianjin Heavy Industry is responsible for equipment-related work and cooperates with TYME to prepare for overseas projects. 

The cooperation between TYME and CFHI Tianjin Heavy Industry is continuously expanding the influence of both parties in the international market, and providing high quality and efficient services to more customers in the steelmaking field.