Cement News tagged under: FLSmidth
Titan Cement Group enters strategic partnership with FLSmidth24 November 2020, Published under Cement NewsGreece-based Titan Cement Group has signed a new 2.5 year service agreement with FLSmidth that will put sustainability, digitalisation and productivity at the top of the agenda as the cement group aims to achieve best practice implementation across its plants in Europe, Africa and the Americas. The agreement gives Titan full access to FLSmidth’s extensive process- and technical knowhow and assistance services, covering the entire plant operations from on-site plant inspections and remote s... |
FLSmidth names Carsten Riisberg Lund as new Cement Industry President16 November 2020, Published under Cement NewsCarsten Riisberg Lund has been appointed FLSmidth’s new Cement Industry President and member of the Group Executive Management. Mr Riisberg Lund has been with FLSmidth for 33 years in various roles, most recently as the president for Region Europe, North Africa and Russia (ENAR) where he has been responsible for all sales and service activities in the region, with a particular focus on customer relationships and creating a single interface to the customer. He has played a vital role in imp... |
SungShin Cement orders two HOTDISC units11 November 2020, Published under Cement NewsSungShin Cement has ordered two FLSmidth H OTDISC Combustion Devices for its Kiln Lines 3 and 6. The first H OTDISC is expected to be commissioned in mid-2021 and the second at the end of 2021. After the recent installation at SsangYong’s Yeongwool and Donghae plants this will be teh third and fourth H OTDISC installations on the Korean peninsula. The H OTDISC solution allows cement producers to substitute coal or other fossil fuels with a wide range of alternative fuels. "Wit... |
FLSmidth reports 33% decline in 3Q cement revenues03 November 2020, Published under Cement NewsIn the 3Q20 FLSmidth’s revenue amounted to DKK3834m (US$4181m) compared to DKK4736m in the 3Q19, down 19 per cent. Organic revenue decreased by 12 per cent, comprising a one per cent increase in mining and a 33 per cent decline in cement. The sharp decline in cement was due to a more severe pandemic impact on the cement industry and a low backlog. In the 3Q20 FLSmidth’s order intake amounted to DKK3955m, compared to DKK4571m in the 3Q19, down 13 per cent. Organic order intake fell b... |
FLSmidth acquires KnowledgeScape for its digital portfolio02 October 2020, Published under Cement NewsFLSmidth has acquired KnowledgeScape and its advanced solutions to expand its digital ENABLR™ portfolio. The KnowledgeScape™ portfolio has documented capabilities in increasing the total output of a processing plant by 4-10 per cent. At the same time, its solutions reduce power, water and reagent consumption, which contribute significantly to the goals of FLSmidth’s MissionZero sustainability strategy. "With this acquisition, FLSmidth reinforces a strong track record of M&A and integra... |
Ash Grove to modernise Port Manatee terminal with new ship unloader24 September 2020, Published under Cement NewsCRH-owned Ash Grove Cement (formerly Suwannee American Cement) is undertaking a major transformation project at its Port Manatee deepwater import terminal in Florida. The project will improve Ash Grove’s capacity to import cement, cement slag and flyash to meet the existing and future needs of customers in the Florida and south Georgia markets. The upgrade project includes the addition of a high-capacity FLSmidth/Kovako ship unloader at the terminal, together with the upgrade of existi... |
Cemtech highlights latest advances in clinker reduction, ARM and new binder concepts23 September 2020, Published under Cement NewsThe second day's afternoon session of Cemtech 'Decarbonising the cement industry' virtual conference presented four innovative technology papers on clinker reduction, alternative raw materials and new binder concepts. FLSmidth’s Global Process Line Manager, Steven Miller, outlined why clay calcination is crucial for the cement industry to reduce is carbon footprint. "These projects have a lower capital investment than a new clinker line and produce a 'greener' product," said Steven M... |
FLSmidth appoints regional presidents for Australia and South America31 August 2020, Published under Cement NewsTamer Eid has been named by FLSmidth as the company's new president for the Australia region, effective 14 September 2020. Over his career, Mr Eid has held various senior executive and technical roles in the mining and oil and gas sectors. He has also led international service businesses that directly supported the production assets of the world’s leading mining and oil and gas companies. Along with his MBA and Mechanical Engineering degree, he brings with him extensive experience within th... |
FLSmidth's revenue guidance for 2020 is DKK15.5-17bn28 August 2020, Published under Cement NewsFLSmidth's revenue in 2020 is forecast to be DKK15.5bn-17bn (US$2.48bn-2.72bn), says the company. EBITA margin is expected to be 4.5-6 per cent, which takes into account around DKK210m of implementation costs related to business improvement activities. On 23 March FLSmidth's financial guidance for 2020 was suspended due to the global uncertainty caused by the COVID-19 pandemic. On 28 April the company announced that full-year results were expected to be below the initial guidance. Visibilit... |
FLSmidth's 1H20 revenue slips to DKK3.85bn04 August 2020, Published under Cement NewsIn the 2Q20 FLSmidth's revenue amounted to DKK3.846bn (US$608.8m) compared to DKK5.472bn in the 2Q19, down 30 per cent YoY with a 22 per cent decline in mining and a 41 per cent decrease in cement. The relatively sharper decline in cement was not only due to a more severe impact of COVID-19 on the cement industry but also a result of a lower level of cement capital orders in the past four quarters, reported FLSmidth. FLSmidth’s organic order intake declined by 29 per cent and organ... |