Cement News tagged under: FLSmidth

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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...

FLSmidth to appoint new Group Executive Vice President

23 March 2012, Published under Cement News

Carsten R Lund will be appointed new Group Executive Vice President of FLSmidth & Co and member of the Group Executive Management in July 2012, when Mr Christian Jepsen resigns to join Alcoa, one of FLSmidth's global mining customers.   Carsten Lund will be heading the new global Bulk Materials Division that was formed as part of the new FLSmidth Group structure announced on 21 February 2012 and will be relocating from the head offices in Denmark to the global technology centre for material ...

FLSmidth to tap market for air pollution control equipment in China

09 March 2012, Published under Cement News

FLSmidth has achieved authority approval of its first acquisition in China. Together with a minority shareholder, FLSmidth has started a company to market and sell air pollution control products to the cement industry in China. This local company is groundbreaking for FLSmidth as it combines local presence and relations with global technologies and resources. It will make FLSmidth, overnight, a powerful player in the multibillion dollar Chinese market for environmental control technologies. ...

2011 global consumption reaches 3.6bnt

22 February 2012, Published under Cement News

Global cement consumption amounted to around 3.6bn tones in 2011 of which China accounts for approximately 2.0bn and India approximately 0.2bnt, according to FLSmidth in its latest annual report. The Danish engineering group expects annual growth in global cement consumption is expected to be 3-4% in the coming years. Capacity utilisation on a global scale. meanwhile, remains relatively subdued around 75% but is expected to increase in the coming years. The global market for contracted...