Cement News tagged under: FLSmidth

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Powering southern expansion

21 December 2018, Published under Cement News

Pakistan’s promising cement market fundamentals are driving a number of domestic producers to expand their local production bases. Power Cement Ltd (PCL) has embarked on the construction of a complete 7700tpd line which will significantly enhance the company’s existing capacity and make it the second-largest producer in the south. By SM Imran, Power Cement, Pakistan. Pre-assembled parts of the preheater ready for erection at Power Cement’s new production line project, Pakistan T...

FLSmidth reports 71% order increase in 3Q18

07 November 2018, Published under Cement News

FLSmidth has released its interim 3Q18 report and recorded a 71 per cent order increase to DKK7.164bn (US$1.102bn), on the back of two large cement plant orders in Central America at a combined value of DKK1.9bn. This brought the order backlog to DKK17.2bn, the highest level in three years. "It makes us proud each time a customer selects us to deliver and install mission critical equipment or grants FLSmidth an important service contract to enhance productivity. At the same time, our stron...

FLSmidth's new O&M manager sees cement in the fast lane

02 November 2018, Published under Cement News

At first glance, racing high-tech cars at 300km/h and operating cement factories would seem to have little in common. But don’t tell that to Anders Benfeldt, the new head of FLSmidth Operation & Maintenance. Benfeldt sees plenty of parallels between racing supercars and making cement. With a sterling resume that includes senior positions at Burmeister & Wain Scandinavian Contractor, DGtek A/S and Babcock & Wilcox Vølund, earlier this year FLSmidth tapped Benfeldt to lead its growing subsidi...

FLSmdith's Central America contracts are now effective

28 September 2018, Published under Cement News

FLSmidth has announced that the greenfield and brownfield contracts for plants in Central America are now effective, with the company receiving the agreed down payment. The two contracts, worth a combined EUR250m, will be part of its order intake for the 3Q18. The contracts include design and engineering, equipment supply, automation systems, training as well as advisory services for installation and commissioning. Once operational within 24-26 months, the plants will have a capacity of 20...

FLSmidth witnesses slow growth in cement sector

10 August 2018, Published under Cement News

This week FLSmidth released its 1H18 report in which it reported revenues of DKK8.965bn (US$1.37bn), edging up from DKK8.956bn in 1H17 and a roughly stable gross profit of DKK2.255bn (1H17: DKK2.298bn). Net profit from continuing activities saw losses narrow to DKK31m from DKK34m in 1H17. The gross order intake slipped from DKK10.141bn to DKK10.074bn in 1H17 although in the second quarter the company saw order intake up by 10 per cent, which include 13 per cent organic growth as the Minera...

FLSmidth reports 13% order increase in 2Q18

08 August 2018, Published under Cement News

FLSmidth has released its interim 2Q18 report and reported a 13 per cent order increase to DKK5.056bn (US$787.86m) for the period, driven by over 100 per cent growth in the minerals division. Revenue in the second quarter advanced 3.2 per cent YoY to DKK4.73bn, compared with DKK4.585bn of 2Q17. "We saw the highest order intake in the Minerals division for several years, which shows that miners are starting to put action behind their investment plans. Most activity is related to single equi...

FLSmidth signs two large cement plant contracts in Central America

06 August 2018, Published under Cement News

FLSmidth has been awarded two new contracts for greenfield and brownfield cement plants in Central America. Both US$100m+ contracts include design and engineering, equipment supply, automation systems, training and advisory services for installation and commissioning. The expected start-up is in 24-26 months and once online, the works will have a capacity of 2000tpd and 3500tpd. Combined, the contracts are worth more than EUR250m. Among several other conditions, they are also subject to F...

China National Building Materials (CNBM)

25 July 2018, Published under Cement News

CNBM has signed a framework agreement with FLSmidth to offer more competitive plant solutions to the global cement industry. The agreement was signed this month at FLSmidth’s headquarters in Denmark by Song Zhiping, chairman of CNBM, and Thomas Schulz, CEO of FLSmidth. Commenting on the agreement, Mr Schulz said, “Through this framework agreement, we see numerous benefits over the coming years for us and our customers, such as expediting our quotation response time, which will improve our...

FLSmidth and CNBM sign framework agreement

19 July 2018, Published under Cement News

FLSmidth and China National Building Material (CNBM) have signed a framework agreement to offer the cement industry more competitive plant solutions. Song Zhiping, chairman of CNBM Group, and Thomas Schulz, Group CEO of FLSmidth, signed the framework agreement at a high-level meeting at the FLSmidth headquarters in Denmark this week. "It was a pleasure to welcome the guests and to participate in such collaborative discussions about future opportunities to work together. Through this framew...

Hongshi Holding Group expected to contract FLSmidth for equipment supply

07 June 2018, Published under Cement News

China-based Hongshi Holding Group Co Ltd is expected to award a contract to FLSmidth for the supply of mills, crushers and feeders for its 8000tpd plant in East Java, Indonesia. The US$40m contract is expected to be signed at the end of the month, according to Lu Jianlong, manager at the company’s equipment supply sector. The dry-process facility represents a total investment of US$314.7m, with equipment procurement estimated at US$227m, reports Inside International Industrials. Sinoma (...