Message to the Copenhagen Stock Exchange no. 30 -2006, 7 September 2006
FLSmidth has signed a contract worth DKK 255m to supply all machinery and equipment for a cement plant with a capacity of 5,500 tonnes cement clinker per day with Zuari Cement Limited owned by Italcementi of Italy, which is among the world's five largest cement producers.
The production line is to be built at an existing cement plant supplied by FLSmidth in 1981 which is situated in the southern part of Andhra Pradesh in India.
FLSmidth's Indian project division in Chennai conducted the negotiations for the new production line and will also be responsible for implementing the project. This contract is FLSmidth India's hitherto largest project.
Over the coming 21 months, the Indian project division is to supply all the machinery and auxiliary equipment for the cement production line. The scope of the contract includes ATOX vertical mills for raw material and coal grinding and an OK vertical mill for cement grinding. Also included are a three-support kiln with an ILC preheater and an SF Cross-Bar cooler. In addition, FLSmidth is responsible for supervision and commissioning.
"The contract confirms our expectations for the booming Indian cement market and demonstrates the strength of our local presence," says Group CEO Jørgen Huno Rasmussen, who expects more orders in India this year.
FLSmidth has been active in the Indian market since 1912.
The order will contribute beneficially to FLSmidth's earnings until the plant is commissioned in 2008.
Please address any questions regarding this announcement to Group Chief Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 10 00.
Yours faithfully Torben Seemann Hansen Corporate Public Relations
Viðskiptablaðið er 25 ára og af því tilefni býðst nýjum áskrifendum að kaupa áskrift á 50% afslætti.
Afmælisverðið er aðeins 2.500 krónur.
Tilboðið er fyrir nýja áskrifendur. Núverandi áskrifendur geta bætt við sig áskrift á þessu verði. Gildir í 4 mánuði. Áskrifendur fá Viðskiptablaðið, Frjálsa verslun og Fiskifréttir sent ásamt vefaðgangi að vb.is og fiskifrettir.is