Cement News tagged under: FLSmidth

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FLSmidth strengthens customer services footprint in Australia

05 September 2012, Published under Cement News

FLSmidth signed an agreement to acquire the two Australian service companies MIE Enterprises Pty Ltd. and Mayer Bulk Pty Ltd. The parties have agreed not to disclose the value of the transactions.   The two acquisitions will complement FLSmidth's regional Customer Services set-up with a highly skilled workforce and full-service capabilities. The key markets of the two companies are currently the Australian and South East Asian mining industries.   MIE Enterprises Pty Ltd. and Mayer Bulk Pty ...

FLSmidth to acquire German TEUTRINE GmbH

04 September 2012, Published under Cement News

FLSmidth has acquired the privately-owned company TEUTRINE GmbH Industrie-Technik (TEUTRINE), a German company specialised in mobile solutions for repairs, refurbishments and installation services. The parties have agreed not to disclose the value of the transaction.   TEUTRINE has 40 years of experience of worldwide site management services, assembly and repair tasks within the cement and minerals industries.   The company predominantly carries out maintenance and repair services at site w...

FLSmidth 2Q operating profit hit by one-off writedown

17 August 2012, Published under Cement News

FLSmidth reported a drop in operating profits for the second quarter hit in part by a one-off writedown. EBIT fell to DKK 349m (US$57.78m) in April-June from DKK404m in the second quarter last year. The result, which was hit by a DKK188m writedown on capitalised research and development. Revenue for the period increased 26 per cent to DKK6036m, attributable to positive developments in all segments except for cement where revenue fell seven per cent - reflecting the decline in order int...

FLSmidth acquires Decanter Machine, USA

16 August 2012, Published under Cement News

FLSmidth has today signed an agreement to acquire the privately owned company Decanter Machine, Inc, a United States based manufacturer and supplier of centrifugal technology to the global minerals industries. The transaction is subject to rezoning of a portion of real estate which is expected to occur in September. The parties have agreed not to disclose the value of the transaction.   Decanter is recognised as the global leader in the manufacture of screen bowl, solid bowl and hyperbaric c...

FLSmidth falls on weaker China outlook

24 July 2012, Published under Cement News

FLSmidth & Co fell the most in eight weeks in Copenhagen on the outlook for slowing demand for its products as China’s expansion cools, according to Bloomberg reports. The shares slid as much as four per cent, the biggest decline since June 1. They dropped 3.3 per cent, making it the fourth-biggest loser in the Copenhagen 20 Index, to DKK332.3 as of 2:09pm in the Danish capital. Growth in China may slow for a seventh straight quarter to 7.4 per cent in the three months to September, sa...

FLSmidth secures Kalina power plant contract in UAE

08 June 2012, Published under Cement News

The Directors of Wasabi Energy have announced that the company's Kalina Cycle licensee, FLSmidth has secured a contract to install its second Kalina Cycle power plant utilising waste heat from a major cement plant. The new contract is for a 4.75 MWe Kalina Cycle power plant which will be installed by Q2 CY2013 at Star Cement's cement plant in Ras Al Khaimah, United Arab Emirates. ??Star Cement Co. LLC was acquired in 2010 by UltraTech Cement which is part of the Aditya Birla Group. Was...

FLSmidth receives contract for large cement project, USA

18 May 2012, Published under Cement News

FLSmidth has been awarded a contract worth approximately US$136m by a customer in the United States for modernisation of their production facility.   The purpose of the EPC (Engineering, Procurement, Construction) project is to convert one of the plant's existing wet process kilns to a preheater, precalciner kiln. As a result, the customer will be able to better fulfill their key environmental objectives; reduction of emissions as well as lower energy consumption and hence a smaller carbon f...

FLSmidth affirms 2012 outlook

15 May 2012, Published under Cement News

FLSmidth has affirmed its outlook for full-year 2012 as a strong order intake in 1Q confirms growth expectations and positive outlook. For the first three months of 2012, FLSmidth’s order intake increased 29% to DKK6421m and revenue increased 17% to DKK5145m. EBITDA rose 10% to DKK 469m. The profit for the period increased 39% to DKK 241m In terms of its cement division, the company said 1Q12 saw a very strong order intake of DKK 1,415m representing an increase of 169% compared to 1Q1...

FLSmidth wins large cement order in the Middle East

01 May 2012, Published under Cement News

FLSmidth has signed a contract worth approximately EUR85m with an undisclosed company in the Middle East to supply a complete 6000tpd cement production line.   The contract comprises complete equipment supplies and includes a combined limestone and clay crusher, a gypsum crusher, a circular stacker and reclaimer store, a stacker and side scraper store for additives, an ATOX vertical raw mill, a CF silo, a double string preheater tower, a ROTAX kiln, an FLSmidth® Cross-Bar cooler, an OK mill ...

FLSmidth wins orders for Cimpor projects in Brazil

30 April 2012, Published under Cement News

FLSmidth has received contracts to provide two major cement projects for Cimpor in Brazil. The expansion plans include a brand new production unit in northwestern Brazil (the Caxitu project) and a new production line at Cimpor’s existing Cezarina plant in central-western Brazil. When commissioned in 2013, the two projects will form an essential part of  Cimpor Cimentos do Brasil’s current 2.3Mta expansion programme. They will help to support Brazil’s growing economy and development of infra...