The Danish engineering company FLSmidth has received a huge contract to construct high-tech cement factory worth over 100 million Euros in an undisclosed location in North Africa. The contract includes engineering, equipment supply, construction supervision, commissioning, and training related to this cement plant.
The new plant with 12,000 TPD (tonnes per day) production capacity will be catering cement to the local market. "We are extremely proud to have been chosen as the preferred supplier of this cement plant. It marks the culmination of a close collaboration between the customer and FLSmidth, enabling us to deliver a state-of-the-art cement plant based on our experience and competencies from the cement industry, our global presence, and the know-how of our 12,000 employees in delivering productivity enhancing solutions. North Africa is a very important market to FLSmidth and we have previously supplied several cement plants across the region," said Per Mejnert Kristensen, Group Executive Vice President, FLSmidth Cement Division.
Until all conditions are met and the contract becomes effective, it will not be part of the order intake. A separate company announcement will be issued when the contract becomes effective.Forward-looking statements are inherently subject to risk and uncertainty, which may cause actual developments to differ materially from the guidance provided.
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FLSmidth, headquartered in Copenhagen (Denmark), supplies the minerals and cement industries globally with everything from engineering, single machines and complete processing plants to maintenance, support services and operation of processing facilities. FLSmidth employs almost 12,000 people worldwide in offices in more than 50 countries worldwide. As reported by the company about 99 per cent revenue of FLSmidth comes from outside Denmark. The company generated revenue of DKK 18 billion in 2016.
In cement industry sector FLSmidth has a strong presence in India, Brazil and Russia whereas FLSmidth's minerals segment is being contributed heavily by the growing urbanization and industrialization in the developing countries, particularly China and India.
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