Company Announcement to the Danish Financial Supervisory Authority No. 19-2010, 26 May 2010
FLSmidth has received an order worth approximately 34m Euros (DKK 250m) from Kuwait Cement Company for the supply of in-plant material handling equipment for the second production line at their cement plant located at Shuaiba Port in Kuwait.
The first production line with a capacity of 5,500 tonnes per day was supplied by FLSmidth in 1998 and the second 5,500 tonnes per day line is currently being supplied by FLSmidth (see Company Announcement no. 27-2008).
The scope of the supply includes complete design, engineering, manufacture and supply of all mechanical and electrical equipment. The material handling system includes belt conveyors, belt/weigh feeders, stackers, reclaimers, crushers, screens, bucket elevators, deep pan conveyors, air pollution control filters and revamping of existing ship unloader as well as of the respective transportation.
"This material handling order is a great example of the one source solutions we are able to provide to our customers in both the cement and minerals industries from our global material handling technology centre, headquartered out of Wadgassen, Germany. The contract is the first raw material handling facility for a cement plant in Kuwait and is therefore an important material handling order on this growing Middle Eastern market," Group CEO Jørgen Huno Rasmussen comments.
The order will contribute beneficially to FLSmidth's earnings until late 2011.
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Please address any questions regarding this announcement to Group Chief Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com.
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations