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Large Russian cement order awarded to FLSmidth

09.09.2011

Company Announcement to the Danish Financial Supervisory Authority No. 23-2011, 9 September 2011.

FLSmidth has received a contract worth approximately EUR 150m (approximately DKK 1.1bn) from the Russian company Kaluga Cement Plant LLC for the supply of a complete cement plant. The plant will be located in the Kaluga province some 300 km southwest of the Russian capital of Moscow.

The order underlines FLSmidth's ability to accommodate the customer's need for one source supply and includes provision of equipment, engineering, supervision, training, transportation and spare parts - all supplied by FLSmidth.

The new production line will have a kiln capacity of 8,500 tonnes per day equivalent to approximately 3 million tonnes per year making it the biggest new kiln in Europe. The equipment supplies include three OK vertical roller mills for clinker and slag grinding as well as ABON primary crushers. The OK mills will be the first sold to the Russian market. A complete electrical, automation and control equipment package will also be provided by FLSmidth for the new production line.

"This order was won through close collaboration with the customer to find solutions that benefit both parties. FLSmidth has a long standing local presence in Russia and the order from Kaluga, which was won against keen competition, underlines our continued strength as a preferred supplier to this important market, which is showing signs of recovery after the crisis", Group CEO Jørgen Huno Rasmussen says.

The order will contribute beneficially to FLSmidth's earnings until commissioning in 2014.  

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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