Cement News tagged under: FLSmidth

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BUA cement plant set for 2014 completion, Nigeria

22 February 2013, Published under Cement News

BUA’s new 3Mta cement plant, currently under construction in Edo State, Nigeria, is on track for completion in early 2014, according to the group’s chairman. Alhaji Abdulsamad Rabiu, told reporters at a signing with Siemens to build a new gas turbine power plant for the factory, that the company is impressed with the current progress of the overall project. "I am particularly very impressed so far by the civil construction work done by [Nigerian contractor] Julius Berger. 70 per cent o...

FLSmidth orders up 15% while EBITDA rises 9% in 2012

12 February 2013, Published under Cement News

In its newly-released 2012 annual report, Denmark-based cement plant maker FLSmidth & Co A/S announced a 15 per cent increase in its order intake, bringing the figure to DKK27.727bn (US$4.98bn) in 2012. Its revenues increased by over a fifth from DKK27.136bn to DKK29.451bn. The company also reported an EBITDA rise of nine per cent to DKK2.759bn, giving an EBITDA margin of 11.1 per cent, slight lower than the previous year’s figure of 12.3 per cent. The cement division operated in a market...

FLSmidth secures EIB funding for R&D investments

16 January 2013, Published under Cement News

FLSmidth has signed an EUR125m loan agreement with the European Investment Bank (EIB).   The five-year-bullet loan will finance FLSmidth's global research and development programme within the cement industry during the period 2013-2016. The R&D programme will focus on development of innovative products, optimisation of energy efficiency and use of materials and fuel in the production process as well as reduction of harmful emissions.   "Through its focused R&D efforts FLSmidth aims at fulfi...

Angola: Kwanza-Sul cement factory to start production in 2013

31 December 2012, Published under Cement News

Fábrica de Cimento do Kwanza Sul (FCKS) will start production in November 2013. The factory, which is located at Sumbe in Kwanza-Sul province, Angola, will produce 4500tpd cement when fully operational. Construction of the US$600m plant is being carried out by ETA Star from Dubai, UAE, while equipment has been supplied by FLSmidth, Denmark. FLSmidth will also operate the plant under an operation and maintenance contract.

FLSmidth CEO to retire in 2013, Denmark

04 December 2012, Published under Cement News

Jørgen Huno Rasmussen, age 60, Group CEO of FLSmidth & Co A/S since 2003, is to retire in mid-2013, 10 years after agreeing to join FLSmidth as Group CEO. Following news of Mr Rasmussen's impending departure, Vagn Ove Sørense, chairman of the board of FLSmidth, said: "On behalf of the board, I wish to express my sincere gratitude to Jørgen Huno Rasmussen for his decisive contribution to the successful turnaround and development of the FLSmidth Group and for his dedicated leadership over 10...

Russian order for FLSmidth

26 November 2012, Published under Cement News

FLSmidth has won a contract worth approximately DKK200m from the Russian company Kaluga Cement Plant LLC to supply additional equipment for its cement plant currently under construction in the Kaluga province, some 300km southwest of the Russian capital of Moscow.   This contract is an extension of the contract which FLSmidth won in 2011 from Kaluga Cement Plant LLC for the supply of a complete cement plant.  "The award of this order to FLSmidth underlines the strength of our good relations...

FLSmidth divisions to be renamed

15 November 2012, Published under Cement News

Effective from 1 December 2012,  the Non-Ferrous and Bulk Materials will be renamed to reflect the underlying technology focus in each of the two FLSmidth divisions. Non-Ferrous will be renamed “Mineral Processing” and Bulk Materials will be renamed “Material Handling”. The Non-Ferrous Division has, in the past, been focussing on mineral processing technologies primarily to non-ferrous minerals, but as it now also includes Ludowici mineral processing products for bulk materials such as coa...

FLSmidth secures funding for R&D investments

18 October 2012, Published under Cement News

FLSmidth has signed a loan agreement totalling EUR130m with the Nordic Investment Bank (NIB). The loan is earmarked for investments in research and development activities.   The seven-year-maturity loan will finance FLSmidth's global research and development programme in the period of 2013-2015. The R&D programme will focus on development of new products, enhanced energy efficiency and use of materials and fuels in the production process, and reduction of harmful emissions. The total budget ...

FLSmidth acquires market-leading technology for unmanned operation

03 October 2012, Published under Cement News

FLSmidth has acquired the market-leading technologies and products related to unmanned operation and process optimisation of stackers/reclaimers and train loading systems from the German company iSAM AG.   The technologies and products acquired will enable FLSmidth to offer and supply complete, unmanned integrated bulk handling solutions to mining, stockyard and port facility customers in line with FLSmidth's One Source strategy.   Application of unmanned operation will support FLSmidth's cu...

FLSmidth MAAG Gear expands production facilities

01 October 2012, Published under Cement News

FLSmidth MAAG Gear has widened the production capabilities at their gear production facilities in Poland. A major investment in the machinery enables FLSmidth MAAG Gear to manufacture bevel gear sets that will be sold through the global network of the FLSmidth Group. This newly installed state of the art bevel gear cutting as well as measuring machines will support the organization's strategy of getting closer to customers by providing one-stop-shop solutions to their needs.. The compa...