Company Announcement to the Danish Financial Supervisory Authority
No. 12-2009, 21 July 2009
FLSmidth has signed contracts with the state-owned Uruguayan company
Administración Nacional de Combustibles, Alcohol y Portland (ANCAP)
to provide equipment and supervision for upgrade of two cement plants
in Uruguay. The total value of the contracts is approximately 30m
euros (DKK 225m). The equipment is for the Minas plant situated in
the Lavalleja province 120 km northeast of the capital Montevideo and
for the Paysandú plant located in the Paysandú province 400 km
northwest of Montevideo near the Argentinean border.
For the Minas plant FLSmidth is to supply a complete coal grinding
system comprising raw coal feeding equipment, an ATOX coal mill and a
coal fines silo including feeders and burners. In addition, FLSmidth
is to supply a complete pyroprocessing line comprising a slurry
drier, a two-stage preheater, an SF Cross-bar cooler and a clinker
belt conveyor plus a complete electrical and control equipment
package.
The Minas plant will be prepared for possible subsequent conversion
to the dry process, which is more energy efficient and substantially
reduces the plant's NOx emission.
For the Paysandú plant FLSmidth is also to supply a complete coal
grinding system comprising a raw coal feeding system, an ATOX coal
mill and a coal fines silo including feeders and burners. The coal
grinding system is to process coal for the plant's two cement kilns.
The Paysandú contract also includes a complete electrical and control
equipment package.
In addition, FLSmidth has signed supervision contracts for both
plants. The contracts run until 2012 and cover supervision of the
construction, installation and commissioning of the two production
plants.
"These orders mark a continuation of FLSmidth's very close relations
with the customer which started back in 1956 when FLSmidth supplied
the first pyroprocessing line for the then newly established Minas
cement plant. We are proud and happy to continue the relationship
with ANCAP, now contributing to the quality assurance and
modernisation of their cement production," Group Chief Executive
Officer Jørgen Huno Rasmussen says.
The orders will contribute beneficially to FLSmidth's earnings until
mid 2010 when the equipment comes on stream and for the entire
duration of the supervision contracts.
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Please address any questions regarding this announcement to Group
Executive Vice President Bjarne Moltke Hansen, 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
