Cement News tagged under: Denmark
FLSmidth sees 5% rise in order intake in 202116 February 2022, Published under Cement NewsFLSmidth reported a five per cent increase in order intake in 2021 as the impact of the COVID-19 pandemic waned and project sites became more accessible. Including currency effects the intake was up by four per cent to DKK19,233m (US$2941m) with mining and cement contributing equally to the growth. Service order intake advanced by 14 per cent while capital orders declined by seven per cent. FLSmidth Group CEO, Mikko Keto, commented: “FLSmidth delivered a solid performance in 2021. Despite ... |
FLSmidth updates financial guidance for 4Q21 and 2021 performance28 January 2022, Published under Cement NewsFLSmidth updated its preliminary full year 2021 revenue guidance replacing its financial guidance provided on 11 November 2021. This improvement was primarily driven by the Capital business in the 4Q21. Revenue is now estimated at DKK5.1bn (US$763.6m) in the 4Q21 and DKK17.6bn (US$2.63bn) for the full year compared to DKK16-17bn previously forecast. EBITDA margin is forest to reach 6.6 per cent in the 4Q21 and 5.9 per cent in the full year compared to 5-6 per cent in the earlier full ... |
Van Aalst Bulk Handling lands silo and truck loading order21 January 2022, Published under Cement NewsVan Aalst Bulk Handling BV recently conducted a first commissioning session for cement storage silos and a truck loading equipment project in Aarhus, Denmark. The silo floor includes an embedded floor aeration system and the reclaim equipment is installed to transport cement to the truck loading station. The Van Aalst ship unloader has already been moved to the new terminal and will start soon to unload cement bulk ships into the new silos. |
Inline and offline oil filtration14 December 2021, Published under Cement NewsProper oil filtration can reduce downtime and increase equipment reliability. Combining inline and offline filtration technologies can ensure optimum lubricant cleanliness, and lead to an increase in component and oil life. By Steffen D Nyman, CC Jensen and Noria Partner, Denmark. Figure 1: a cement plant has many critical systems using lubrication oil The world has an insatiable appetite for cement and concrete, so cement plants need to supply at a growing pace. Processing equi... |
Indocement awards FLSmidth contract for AF system25 November 2021, Published under Cement NewsHeidelbergCement subsidiary PT Indonesia Tunggal Prakarsa Tbk will be replacing the majority of its coal use with a full alternative fuels solution from FLSmidth, who will be delivering a MissionZero flagship product. The project will enable the Indonesian cement producer to use municipal waste and biofuels. PT Indocement awards AF contract to FLSmidth. Left to right: Lars Bo Larsen, Danish Ambassador to Indonesia – Jeppe Kofod, Danish Minister of Foreign Affairs – Leo Carnevale, F... |
FLSmidth appoints a new CEO effective from 1 January 202212 November 2021, Published under Cement NewsThomas Schulz, FLSmidth’s Group CEO, has made the decision to take a role outside of the company, and will therefore step down as FLSmidth’s CEO by end of 2021. Mikko Keto, who joined FLSmidth in January 2021 as President of FLSmidth’s Mining business and member of Group Executive Management, has been appointed incoming CEO by FLSmidth’s Board of Directors, effective 1 January 2022. Vagn Sørensen, Chairman, states: “I am pleased we are able to recruit internally for such a vital positi... |
FLSmidth sees 22% rise in revenue11 November 2021, Published under Cement NewsFLSmidth has reported a 22 per cent YoY increase in revenue to DKK4660m (US$718.8m) in the third quarter of 2021, compared to DKK3834m in the 3Q20. EBITA advanced 72 per cent to DKK305m from DKK177m, while EBITA margin reached 6.5 per cent from 4.6 per cent. Including currency effects, order intake increased by 15 per cent YoY to DKK4549m against DKK3955m in the year-ago period. “Third quarter saw strong momentum in order intake. In particular for service orders, as activity in the min... |
Cementir to start CCS project in 202209 September 2021, Published under Cement NewsCementir Group, through its subsidiary Aalborg Portland, aims to become the first global cement producer to capture, transport and store CO 2 underground. The group is part of the consortium Project Greensand 2 that seeks funding for a pilot project aimed at capturing and storing CO 2 underground in the North Sea. The endeavours to reach the Danish national target of a 70 per cent reduction of carbon emissions in 2030 may now receive a great boost through Project Greensa... |
Aalborg Portland reports sluggish Futurecem sales27 August 2021, Published under Cement NewsSales of its lower-carbon cement, Futurecem, have not reached the projected volumes of 40,000tpa, 18 months after its market launch, according to Denmark-based Aalborg Portland. To date sales of 2000t have been reported. Aalborg Portland CEO, Michael Lundgaard Thomsen, said the company will carry out a 20-30 per cent price reduction to bring Futurecem’s price in line with that of standard cement. However, he added that the price was not the only reason for the subdued sales of the product.... |
FLSmidth reports 2Q21 strong order intake and improved profitability12 August 2021, Published under Cement NewsFLSmidth’s order intake in the 2Q21 increased 42 per cent compared to the 2Q20 and by 38 per cent to DKK4615m (US$97m) YoY. Cement service order intake reached DKK875 in the 2Q21 and cement capital orders totalled DKK807m in the 2Q21. Revenue increased by six per cent to DKK4073m in the 2Q21 (2Q20: DKK 3846m) and by nine per cent organically, comprising a 13 per cent increase in mining and a flat development in cement. Group EBITA margin increased to 4.8 per cent from 3.4 per cent in ... |