Company Announcement to the Danish Financial Supervisory Authority No. 28-2012, 22 June 2012
FLSmidth has received an order worth approximately USD 90m (approximately DKK 460m) from the Moroccan company, OCP Office Chérifien des Phosphates, to supply equipment and technology for a phosphate terminal in Jorf Lasfar, some 120 km south of Casablanca.
The current order includes delivery of a complete flash drying system for drying dewatered phosphate ore. With a capacity of 31,000 tonnes per day it will be the largest phosphate flash drying system in the world. The scope of supply also includes combustion systems, pelletizing, an air pollution control system including a limestone based flue gas desulphurisation system and a complete control package.
OCP is a world leader in extraction and treatment of phosphate and phosphate products primarily for the fertilizer industry. OCP is a known customer to FLSmidth and last year FLSmidth was awarded a large material handling order from the company (see company announcement no. 16-2011).
FLSmidth's extensive testing of phosphate ore at its pilot facilities along with world class automation and air pollution control systems were key to winning this order and signify FLSmidth's strength as a supplier of cutting edge technology.
"As the demand for fertilizer increases worldwide, we are proud to supply the world's largest phosphate flash drying system and to be able to offer our customers innovative solutions that exceed World Bank emission standards," Group CEO Jørgen Huno Rasmussen says.
The order will contribute beneficially to FLSmidth's earnings until 2013.
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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