SEM designs and manufactures equipment for the Chinese underground coal mining market. It is a subsidiary of Xinwen Mining group, one of China’s top 15 coal mining companies. SEM has approximately 4,400 employees. The JV will focus on sourcing, assembly, sales and service of roadheaders for the large Chinese coal mining market. Sandvik will contribute with the product know-how and technology while SEM will contribute with local sourcing skills and customer application knowledge. The products are premium Sandvik roadheaders and will be sold under the Sandvik brand. While the initial focus will be to supply roadheaders to SEM’s mother company, Xinwen Mining group, the goal of the JV is to become the leading premium roadheader supplier to the Chinese coal mining market.
“This joint venture… gives us a great opportunity to further develop our well proven underground coal mining equipment in close cooperation with our Chinese customers, as well as expanding our local set up to provide the best service and support to our customers”, said Lars Josefsson, CEO, Sandvik.