Company Announcement to the Danish Financial Supervisory Authority
No. 39-2008, 18 September 2008
FLSmidth has signed a contract worth approximately 39m Euro (DKK
291m) with the Austrian MFL Maschinenfabrik Liezen und Giesserei
Ges.m.b.h. for the supply of a rolling mill system. The end user of
the equipment is the Russian Nizhnetagilskiy Metallurgicheskiy
Kombinat (NTMK).
NTMK is the world's biggest company processing vanadium enriched
titaniferous ores with succeeding vanadium recovery in blast oxygen
furnaces and in oxygen converters.
The contract includes supply of transport systems with cooling bed
for the finishing line in a rail rolling mill. The systems consist of
roller tables, length stops, cooling bed, pass over beds, central
hydraulic installation and electrical equipment."This contract is the biggest rolling mill contract since this line
of business was included in FLSmidth's mineral business in 1994 and
it marks the introduction of FLSmidth's rolling mill systems on the
Russian market," Group CEO Jørgen Huno Rasmussen comments.
The contract will contribute beneficially to FLSmidth's earnings
until the last equipment has been supplied in late 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 18 00.
For further information about FLSmidth, please visit
www.flsmidth.com.
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations
