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FLSmidth receives order for cement plant in Equatorial Guinea

14.05.2013

Company Announcement to the Danish Financial Supervisory Authority No. 07-2013, 14 May 2013

FLSmidth has been awarded an order worth approximately EUR 68m (DKK 505m) from Grupo Abayak AKOGA Cemento S.A. for the supply of a green field cement plant to be located in Akoga on the mainland of Equatorial Guinea. The plant will have a capacity of 3,000 tonnes per day.  

The scope of supply includes plant engineering and all main equipment, including jaw crusher, cone crusher, ATOX® raw mill, OK cement mill, pyroline with cross bar cooler, dosing systems, filters, packing plant and automation control system.

"Equatorial Guinea and the surrounding region have been relying on imported cement - thereby suffering from high prices and constraints. This plant will be serving the local market as well as neighbouring countries. FLSmidth is pleased to contribute to the development towards self-sufficiency in cement in the region, which will support social and infrastructure developments. Such an order is based on good customer relations and a professional approach," Group Executive Vice President Per Mejnert Kristensen comments.

Grupo Abayak AKOGA Cemento S.A. is a newcomer to the cement industry but has been involved in multiple infrastructure projects in Equatorial Guinea. 

The order will be booked by the Cement division and contribute beneficially to FLSmidth's earnings until 2016.

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Please address any questions regarding this announcement to Group Executive Vice President Per Mejnert Kristensen, 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