Company Announcement to the Danish Financial Supervisory Authority
No. 41-2008, 30 September 2008
FLSmidth has signed a contract for its first cement project in the
Siberian region of Russia. Equipment for a complete greenfield cement
plant is to be supplied to Russian LLC SGMK Group's (SGMK)"Uchulensky Cement Plant" close to Novokuznetsk some 450 kilometres
southeast of Novosibirsk. This will be the first cement plant project
undertaken by SGMK Group, a mining and metals extraction company.
Valued at 78.5m euros (DKK 585m) the contract includes all machinery
for the 3,500 tonnes per day cement plant which is specially designed
to withstand the low temperatures in the region. Some of the
equipment will be manufactured in Russia based on specifications from
FLSmidth.
FLSmidth is to supply raw material stores, ATOX raw and coal mills,
fuel dosing equipment, a CF silo, a complete kiln system with 5-stage
preheater, a 3-support kiln and SF Cross Bar cooler, clinker silos,
an OK cement mill, three cement silos, a complete packing plant and a
complete quality control and laboratory system.
This cement project is one of several currently in progress or in the
pipeline in this region as part of a major development programme
including infrastructural improvements."This contract confirms FLSmidth's expectations to the potential of
the Russian market. In addition to the ongoing development programme
the region in which the plant will be erected is seeing a
modernisation of its cement production capacity and the transition to
more environmentally friendly technology. We are proud that SGMK has
chosen FLSmidth as its partner in this process", Group CEO Jørgen
Huno Rasmussen comments.
The order will contribute beneficially to FLSmidth's earnings until
the equipment is delivered in mid 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
