Cement News tagged under: FLSmidth
FLSmidth sees 22% rise in revenue11 November 2021, Published under Cement NewsFLSmidth has reported a 22 per cent YoY increase in revenue to DKK4660m (US$718.8m) in the third quarter of 2021, compared to DKK3834m in the 3Q20. EBITA advanced 72 per cent to DKK305m from DKK177m, while EBITA margin reached 6.5 per cent from 4.6 per cent. Including currency effects, order intake increased by 15 per cent YoY to DKK4549m against DKK3955m in the year-ago period. “Third quarter saw strong momentum in order intake. In particular for service orders, as activity in the min... |
Shree Cement orders equipment for new greenfield project12 October 2021, Published under Cement NewsIndia’s Shree Cement has contracted FLSmidth for a new greenfield project, including the world’s largest Cross-Bar ® Cooler, an OK TM cement mill and JETFLEX ® Burner. The new line will be located near Nawalgarh, Rajasthan, and encompasses a 11,500tpd pyroprocessing system with a six-stage preheater and three-support kiln. “It is great to further strengthen the collaboration with Shree Cement, not only on growing their business, but doing it in a sustainable way. The new line in Raja... |
FLSmidth signs CCS agreement with Chart Industries Inc10 September 2021, Published under Cement NewsFLSmidth has signed an agreement with Chart Industries Inc (Chart) to implement advanced carbon capture technology. The new collaboration between FLSmidth and Chart joins the two companies’ efforts to adapt and commercialise Chart’s Cryogenic Carbon Capture ™ (CCC) for customers in the cement industry. CCC is an advanced post-combustion technology developed by Sustainable Energy Solutions (SES), a Chart company. CCC captures CO 2 from exhaust gas at very high rates and pro... |
Clay calcination – accelerating cement’s green transition30 August 2021, Published under Cement NewsWith the cement industry’s goal of working towards saving the planet, FLSmidth proposes a simple switch: replace 30 per cent of clinker with calcined clay for up to a 40 per cent reduction in CO 2 emissions. In this article the company outlines why the move is not only smart and efficient but is something almost every cement manufacturer could do right now. By Steven Miller, FLSmidth, Denmark. Figure 1: FLSmidth’s clay calciner system With seven per cent of all global carbon em... |
FLSmidth reports 2Q21 strong order intake and improved profitability12 August 2021, Published under Cement NewsFLSmidth’s order intake in the 2Q21 increased 42 per cent compared to the 2Q20 and by 38 per cent to DKK4615m (US$97m) YoY. Cement service order intake reached DKK875 in the 2Q21 and cement capital orders totalled DKK807m in the 2Q21. Revenue increased by six per cent to DKK4073m in the 2Q21 (2Q20: DKK 3846m) and by nine per cent organically, comprising a 13 per cent increase in mining and a flat development in cement. Group EBITA margin increased to 4.8 per cent from 3.4 per cent in ... |
FLSmidth to acquire thyssenkrupp Industrial Solutions mining business30 July 2021, Published under Cement NewsFLSmidth and thyssenkrupp Industrial Solutions have reached an agreement that FLSmidth will acquire thyssenkrupp’s mining business (TK Mining) for an enterprise value of EUR325m, or approximately DKK2.4bn, according to a company announcement by FLSmidth. TK Mining is a leading full-line supplier of solutions for mining systems, material handling, mineral processing and services, which is highly complementary to FLSmidth’s offering. The acquisition is expected to create a leading global mi... |
Vicat contracts FLSmidth for full-scale clay calcination project29 June 2021, Published under Cement NewsVicat has contracted FLSmidth to deliver equipment for a new project in France, which will replace clinker with an environmentally-friendly clay and cut up to 16 per cent of CO 2 emissions, compared to existing cement products. The order includes FLSmidth’s new flash calciner technology, an environmental control system and alternative fuel storage. The project is set to become Europe’s first full-scale clay calcination installation. The flash calciner, expected to have a minimum capacity... |
FLSmidth delivers chlorine bypass system to Cimpor Cement21 May 2021, Published under Cement NewsCimpor, the Iberian region's leading producer of cement, has called upon FLSmidth to deliver a chlorine bypass solution for its site in Souselas, Portugal. Following a new EPC order from Cimpor, booked at the end of last year, FLSmidth will deliver a chlorine bypass solution, eliminating chlorine build-up in the flue gas as Cimpor plan to increase its alternative fuel rate to above 60 per cent. Work on the chlorine bypass is expected to start in 3Q21 with production returning to normal in e... |
FLSmidth receives SBTi validation of its carbon emission targets17 May 2021, Published under Cement NewsFLSmidth has received validation from the Science Based Targets initiative (SBTi) for its carbon emission reduction targets. By implementing its MissionZero programme to achieve these targets, the company will help keep global warming below 1.5°C at the same time as delivering solutions to help reduce global CO 2 emissions by more than 10 per cent – and becoming carbon neutral in its own operations by 2030. Commenting on the targets, CEO Thomas Schulz says: “I truly believe that the g... |
FLSmidth to upgrade Arabian Cement's Rabigh plant in 4Q2130 April 2021, Published under Cement NewsFLSmidth is to deliver a large efficiency upgrade at Arabian Cement Co’s site in Rabigh, Saudi Arabia. The order includes new DDX top cyclones, a quenching chamber and an ABC™ Cooler Inlet. Installation and commissioning is expected to be during the 4Q21. "The Saudi Arabian cement market is highly competitive with increasing demand, we are therefore constantly looking at ways to improve the efficiency at our Rabigh site," explains Dr Badr Osama Johar, CEO at Arabian Cement Co. "With ... |