Cement News tagged under: FLSmidth
FLSmidth wins Gladstone Ports Corp's shiploader order17 March 2022, Published under Cement NewsFLSmidth has been awarded the contract to build Gladstone Ports Corp’s (GPC) new shiploader 1 on site in Queensland, Australia. The contract also includes the decommissioning of the old shiploader, which will be carried out in a safe and sustainable manner. The deal has been booked in the 1Q22 and is valued at approximately DKK225m (US$33.2m). The new shiploader will replace GPC’s existing shiploader 1, which has loaded bulk material onto ships for 43 years. As part of the contract, FL... |
FLSmidth advances two Board of Directors nominations17 February 2022, Published under Cement NewsFLSmidth & Co A/S Board of Directors has nominated current Vice Chairman, Tom Knutzen, as new Chairman of the Board, taking over from Vagn Sørensen after an 11-year tenure. Mr Knutzen has been a member of the FLSmidth Board of Directors since 2012. He is also Chair of the Audit Committee and a member of the Nomination and Compensation Committee. Mr Knutzen’s distinguished career includes his current role as CEO of Jungbunzlauer Suisse AG, from which he has resigned effective end April 2022, ... |
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 ... |
Shree Cement awards FLSmidth digital transformation contract03 February 2022, Published under Cement NewsIndia-based cement producer Shree Cement has been upgrading 16 plants with 24 lines in total with FLSmidth ECS/PlantDataManagement packages to drive efficiency and deliver increased productivity. The digital transformation project also includes the downtime analysis solution, ECS/UptimeGo, and access to the mobile plant management app, SiteConnect. With an installed capacity of over 47Mta in India and the Middle East, Shree Cement aims to optimise production lines, minimise equipment downt... |
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 ... |
FLSmidth forms partnership in Vietnam for waste plastic co-processing28 January 2022, Published under Cement NewsFLSmidth will work with TONTOTON, a waste handling start-up company in Vietnam, to assist local cement producers in replacing fossil fuels with non-recyclable plastic waste. Eight million tonnes of plastic end up in the world’s oceans every year. As the fourth-largest contributor to marine plastic pollution globally, Vietnam wants to buck this harmful trend, which is largely caused by an ineffective waste handling infrastructure. Sustainability start-up TONTOTON will be streamlining ... |
FLSmidth to provide new pyro line for Cementos Pacasmayo15 December 2021, Published under Cement NewsFLSmidth will deliver a full pyroprocessing line, including a series of sustainable flagship solutions such as the FLSmidth Cross-Bar ® cooler, Low NO x Calciner and JETFLEX ® burner, to Cementos Pacasmayo in Peru. The new pyro line at the site in Pacasmayo, north of Lima, will increase clinker production capacity by ~600,000tpa. Replacing current equipment, the project reinforces Pacasmayo’s environmental sustainability strategy. Apart from the main pyro line, the order from FLSmidth... |
Signing ceremony held for five cement factory projects in Libya02 December 2021, Published under Cement NewsA new strategic cement and building materials factory complex agreement has been signed by Ahmed Abuhisa, Minister of Industry and Minerals, in Tripoli. The ceremony was attended by FLSmidth, Grenzebach Co and Austroplan. The agreement signed was between the National Mining Corp and the local company, Abraj Al-Ghad Co for the Cement and Building Materials Industry, under the auspices of the Ministry of Industry and Minerals. The celebration included a visual presentation of the p... |
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... |