New orders for PSP

PSP Engineering has signed a contract for the kiln line reconstruction with capacity increase from 2750 to 4000 tpd in Serbian Beocinska Fabrika Cementa owned by Lafarge. The turnkey contract exceeding €10m and involves the preheater reconstruction, rotary kiln modification and new grate cooler. PSP Engineering will provide the engineering, equipment and steel structure, complete erection and commissioning. IKN will also deliver the pendulum cooler. Start up is planned in April 2004. The order is also the first common project of PSP Engineering and IKN from Germany after this group took over PSP Engineering earlier this year.