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FLSmidth wins material handling contract in Vietnam

24.11.2009
Company Announcement to the Danish Financial Supervisory Authority No. 23-2009, 24 November 2009

FLSmidth has signed a contract worth approximately USD 40m (approximately DKK 200m) with state owned LILIAMA Vietnam Machinery Installation Corporation for the supply of a coal handling facility, including ship unloading and storage facilities with a capacity of 400,000 tons, for a coal-fired power plant owned by Vietnam Oil and Gas Group (PetroVietnam). The plant is located in the Ha Tinh province in Vietnam, approximately 400 km south of Hanoi.
The scope of the contract includes complete engineering, design and supply of all key components as well as supervision of erection and commissioning. Among the equipment is approximately 8 km of conveyors.   
 
"Vietnam is a well-known market to FLSmidth and we have delivered numerous material handling solutions to various industries in the country over the past decade. This contract therefore further strengthens FLSmidth's presence and position in the region," Group CEO Jørgen Huno Rasmussen comments.
 
The order will contribute beneficially to FLSmidth's earnings until commissioning in early 2013.
 
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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