Cement News tagged under: FLsmidth
FLSmidth awarded new service contract25 October 2023, Published under Cement NewsFLSmidth will support a leading cement producer to improve the reliability and performance of its operations in Latin America. The new contract builds on a long-standing relationship between the two companies and will last a period of 18 months. Covering the complete production process, from quarry to packing plant, FLSmidth will support the customer in improving overall equipment efficiency and thus plant productivity. The scope of supply includes training and mentoring of plant perso... |
FLSmidth signs partnership with FCT ACTech21 September 2023, Published under Cement NewsCement plants have a new solution for online analysis of raw materials thanks to a recent partnership signed between FLSmidth and FCT ACTech. Under the agreement, FLSmidth will incorporate FCT ACTech’s advanced XRF and XRD analysers in its new QCX® CUBE solutions. Quality control in the cement production process is a critical issue and one of growing complexity due to the increasing use of alternative fuels and new supplementary cementitious materials (SCMs). These introduce variabilit... |
FLSmidth completes KOCH Solutions purchase agreement24 August 2023, Published under Cement NewsFLSmidth & Co A/S has announced that all conditions and requirements regarding the previously announced Asset Purchase & Transfer Agreement between FLSmidth and KOCH Solutions have been met. The agreement involves a mix of intellectual property, order backlog, employees and facilities that are part of FLSmidth’s non-core activities (NCA) segment. In accordance with the agreement, the closing of the transaction is set to take place on the first day of the calendar month after which the clo... |
FLSmidth reports 28% revenue increase in 1H2316 August 2023, Published under Cement NewsFLSmidth has reported revenue of DKK12,415m (US$1822m) in the first half of 2023, compared to DKK9733m in the same period a year earlier. EBITDA fell from DKK770m in the 1H22 to DKK737m in the 1H23, while profit over the same timeframe declined from DKK257m to DKK202m. Cement revenue advanced nine per cent YoY to DKK3252m in the 1H23, while the mining business saw its revenue expand by 26 per cent YoY to DKK8536m. The first half of 2023 saw the company report a total order intake of 11,155... |
Mining sector dominates FLSmidth 1Q23 results08 August 2023, Published under Cement NewsFLSmidth has reported group revenue of DKK6016m (US$886.6m) in the first quarter of 2023, up 27.8 per cent from the DKK4706m recorded in the 1Q22. Group EBITA over the same period declined 22.2 per cent to DKK235m, compared to DKK302m in the 1Q22. Group profit in the 1Q23 stood at DKK84m, down from DKK123m in the 1Q22. Group order intake for the three-month period was DKK5632m, a contraction from the DKK7018m seen in the 1Q22. Its cement business saw revenue of DKK1582m in the opening quar... |
FLSmidth sells AFT filter media business14 July 2023, Published under Cement NewsFLSmidth has sold its filter media business, AFT®, to the Micronics Engineered Filtration Group. AFT was started by FLSmidth in 1999 and was known previously as Advanced Filtration Technologies. The acquisition of AFT significantly expands Micronics’ portfolio of engineered filtration solutions to better serve customers’ baghouse filtration needs in industries such as cement, lime, coal-fired power utilities, energy from waste, co-generation, mining, and minerals, where the demand for high-t... |
Carbon8 welcomes new chief executive officer09 June 2023, Published under Cement NewsCCUS specialist, Carbon8, has appointed Paul Drennan-Durose as its new chief executive officer, effective immediately. Mr Drennan-Durose succeeds John Pilkington who has become non-executive chairman. Commenting on the news, Mr Pilkington said, “Carbon8’s board and its investors are delighted that Paul is now leading the business. Paul brings to the company a wealth of international board leadership and experience within industry as well as in private equity and venture capital.” Mr Drenn... |
FLSmidth acquires Morse Rubber02 June 2023, Published under Cement NewsFLSmidth has acquired Morse Rubber. Based in Iowa, USA, Morse Rubber manufactures and markets specialised, heavy-duty rubber products for mineral processing, among others. As the global market leader in large grinding mills, FLSmidth has a clear ambition of strengthening its service offerings around these products, especially for mill liners where FLSmidth has been capacity constrained in some regions. The Morse Rubber competences will be adding advanced moulding capabilities... |
Continental Cement orders FLSmidth FUELFLEX® Pyrolyzer24 May 2023, Published under Cement NewsHaving been impressed with the first pre-commercial installation of the F UELFLEX ® Pyrolyzer at the Mannok cement plant in Ireland, Continental Cement ( Summit Materials Inc ) has awarded FLSmidth a contract for the first commercial installation of this new technology at its Davenport cement plant in Buffalo, Iowa, USA. The F UELFLEX Pyrolyzer, a significant lever in FLSmidth’s Green’26 strategy, enables cement plants to replace fossil fuels with waste-derived fuels in the calciner.... |
FLSmidth reports 6% rise in cement revenue in 1Q2312 May 2023, Published under Cement NewsIn the 1Q23 FLSmidth’s cement revenue increased by six per cent excluding currency effects, and by nine per cent excluding Russia, when compared to the 1Q22. Cement EBITA continued the positive trend and increased by 28 per cent compared to the equivalent period in 2022. The corresponding Cement EBITA margin was 4.3 per cent in the 1Q23. Consolidated group revenue increased by 27 per cent excluding currency effects, and by 39 per cent excluding Russia, compared to the 1Q22. When adjusting... |