Download Center

FLSmidth & Co. is a project and service focused engineering business with a unique global market position and strong potential for growth.

FLSmidth download center

Announcements

Here you can read company announcements and press releases from FLSmidth.

FLSmidth Company Announcements

F.L.Smidth wins new order in the Middle East

26.01.2004
F.L.Smidth has signed a contract worth 40 million euro for major machinery and equipment supplies for a new cement production line being built by Qassim Cement Company 300 km north of the Saudi Arabian capital of Riyadh.
The contract was awarded by the Japanese company Ishikawajima-Harima Heavy Industries Co. Ltd. (IHI) which has entered into a turnkey contract with the client for a new 4,500 tonnes cement per day production line.

The order received by F.L.Smidth comprises a crusher, an ATOX raw mill and two UMS cement mills plus four F.L.Smidth Materials Handling raw material stores and an F.L.Smidth Airtech bag filter. Besides, gearboxes and two packing lines will be supplied by MAAG Gear and Ventomatic, respectively. F.L.Smidth will also provide supervision and spare parts for the project.

The machinery and equipment will be delivered during the coming 15 months and the production line is expected to come on stream at the end of 2005.

F.L.Smidth has previously supplied machinery and equipment to Saudi Arabian cement producers, but this is the first time it will be supplying to Qassim Cement Company.

CEO Frank Gad, F.L.Smidth, comments the signing of the contract: "The order in Saudi Arabia confirms F.L.Smidth's strong position in the Middle East, and considering the demographic developments in the nations of that region and their governments' wish to enhance living standards, I foresee good prospects for additional orders. In Saudi Arabia alone, the population is growing 3.2% per annum, which combined with improved standards of living translates into cement consumption growth in excess of half a million tonnes per year."

The order will have a positive impact on FLS Group earnings for 2004 and 2005.

FLS Industries A/S
Corporate Public Relations