FLSmidth wins Egyptian plant order
Danish engineering group FLSmidth said on Friday it had won a contract worth about Euro 60m with Arabian Cement Company for an Egyptian cement clinker production line. The plant, a 6000tpd facility, will be built near the city of Suez and is expected to be operational in the spring of 2008.
The buyer is a Spanish-Egyptian joint venture company set up for production of cement clinker for export, primarily to Cementos La Union, the Spanish partner’s clinker grinding plants in Spain, FLSmidth said in a statement.
The contract is FLSmidth’s first large order from a Muslim country since a boycott of Danish firms and their products started in several Muslim countries last month, in the wake of the Prophet Mohammad cartoon row.
"This is a significant order for which we are very grateful. It confirms the situation we’ve communicated before; that for us it’s business as usual" FLSmidth Chief Executive Jorgen Huno Rasmussen told Reuters. Published under Cement News
