FLSmidth Cement closes MAAG gears sale
With reference to the announcement made on 22 January 2024, FLSmidth Cement has now closed the sale of its MAAG gears and drives business to the Swedish investment company, Sol...
Flsmidth
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Mannok’s greater fuel flexibility
As a key step in the decarbonisation of its cement plant operations, Ireland-based Mannok Cement has installed a FUELFLEX® Pyrolyzer combustion system which enables the produce...
FLSmidth reports 39% increase in net profit
In its consolidated results of 2023, Denmark-based FLSmidth reported a 10 per cent increase in revenue to DKK24,106m from DKK21,849m in 2022. The company’s gross profit increas...
FLSmidth reports 2023 cement revenues of DKK6bn
FLSmidth has released its 4Q23 and full-year 2023 preliminary and unaudited results. The cement business recorded revenues of DKK1.4bn (US$203.3m) in the 4Q23 and DKK6bn in 20...
FLSmidth looks at possible divestment options in Cement business
FLSmidth will explore the available divestment options for its Cement business to maximise the division’s full potential and strengthen the market leading position of its Minin...
FLSmidth sells MAAG to Solix
FLSmidth Cement sold its MAAG gears and drives business to Sweden-based investment company, Solix Group AB. The transaction is expected to close during the 1Q24 and includes al...
FLSmidth's group revenue rises 2% in 3Q23
FLSmidth's consolidated group revenue increased by two per cent in the 3Q23 compared to the 3Q22. Adjusted for integration costs of DKK119m (US$17m), the EBITA margin was 10.1 ...
FLSmidth Cement appoints new president
Christopher Ashworth has been appointed the new president of FLSmidth Cement . He succeeds Asger Lauritsen who stepped down from the role in August this year. Roland M Anderse...
FLSmidth awarded new service contract
FLSmidth 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 rela...
FLSmidth signs partnership with FCT ACTech
Cement 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 wil...