Company Announcement no. 21-2007, 20 September 2007
FLSmidth has signed a contract worth approximately DDK 1.2bn (165m
euro) with Russia's leading cement producer Eurocement Group for its
first modern production line.
FLSmidth is to supply machinery and equipment for a new energy
optimised cement production line based on state-of-the-art
environmentally friendly equipment. The new line with a capacity of
6,000 tonnes per day will replace the existing line at Eurocement's
plant near Podgorensky in the Voronesh district, 600 kilometres
southeast of Moscow.
The contract comprises a complete production line including a
crushing plant, raw materiale stores, two hammer dryer crushers, raw
meal silos, a complete ILC three-support kiln with two string
preheater and SF Cross-Bar cooler, two UMS cement mills with gears
from FLSmidth MAAG Gear and four cement silos as well as a complete
electrical equipment package. Training of the plant's personnel is
also included in the contract, but local construction work is not.
In addition, a number of FLSmidth's product companies will contribute
with technology, including storage equipment from FLSmidth MVT,
dosing equipment from FLSmidth Pfister, a control system from
FLSmidth Automation and filters from FLSmidth Airtech. FLSmidth
Ventomatic will supply one packing line as well as equipment for bulk
loading onto trucks and rail cars.
Eurocement produces with its existing 13 plants one third of Russia's
total cement production. Eurocement also has two cement plants in the
Ukraine and one in Uzbekistan."This contract is strategically very important to FLSmidth, as it
first of all has been made with the largest cement producer on the
Russian market; a market where we expect growing activity in the
coming years. Russia's GDP rose some 6 to 7 percent in 2006, and this
has lead to increased cement consumption. This increase in
consumption combined with a pressing need for modernisation of the
older production facilities makes the Russian cement market very
promising," comments Mr Jørgen Huno Rasmussen, Group CEO.
The order will contribute positively to FLSmidth's earnings until the
cement production line is commissioned during the first half of 2010.
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Please address any questions regarding this announcement to Group
Chief Executive Officer
Jørgen Huno Rasmussen, FLSmidth & Co. A/S, at +45 36 18 10 00.
For more information about FLSmidth, please visit www.flsmidth.com.
Yours faithfully
Torben Seemann Hansen
Corporate Public Relations
