Company Announcement to the Danish Financial Supervisory Authority
No. 12-2008, 13 March 2008
Only two months into the year, FLSmidth has signed its third contract
for equipment for a greenfield cement plant in Russia. The contract
is with Italian Buzzi Unicem S.p.A and its German subsidiary
Dyckerhoff AG. On top of this contract, FLSmidth is to supply another
equipment package to Buzzi Unicem for a new cement production line at
an existing plant in Ukraine. The combined value of the contracts is
approx. 40m euro (approx. DKK 300m).
The Russian plant will be situated close to the city of Akbulak,
southwest of the Ural Mountains, some 45 kilometres north of the
Kazakhstani border. The Ukranian plant, at which the new line will be
placed, is situated in the north-western part of Ukraine in the Rivne
region, some 300 km west of Kiev.
FLSmidth is to supply equipment for the two cement plants' 6,000
tonnes per day pyro-processing lines and raw grinding installations.
The scope of supply includes CF silos, FLSmidth Pfister raw meal
feeders, dryer crushers and complete ILC three-support kilns with
two-string three-stage preheaters and SF Cross-Bar coolers.
Equipment delivery is expected to begin in the spring of 2009."Winning two major orders in the CIS countries, the Russian contract
being the third in this country in 2008, confirms FLSmidth's
expectations for this region whose cement industry needs to upgrade
their production facilities. Meanwhile, we are very pleased to be
working with Buzzi Unicem, one of the world's largest cement
producers," Group CEO Jørgen Huno Rasmussen comments.
The orders will contribute beneficially to FLSmidth's earnings until
the lines are commissioned in 2011 at the latest.
-------------------------------------
Please address any questions regarding this press release 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
