Company Announcement to the Danish Financial Supervisory Authority No. 05-2015, 27 March 2015
FLSmidth has received a contract worth approximately EUR 30m (DKK 223m) from the Moroccan phosphate and fertilizer producer Office Chérifien des Phosphates (OCP) for the supply of material handling equipment to a port facility and mine site in Morocco.
The order covers supply of equipment, supervision of erection as well as commissioning. The equipment to be supplied includes three bucket wheel reclaimers, each with a capacity of 2,000 tonnes per hour, two stackers with a capacity of 2,000 tonnes per hour, two stackers with a capacity of 1,000 tonnes per hour and finally associated yard conveyors.
"Office Chérifien des Phosphates is experiencing an increase in fertilizer demands and thereby a need for capacity expansion. The Group is a well-known customer to FLSmidth and we are very happy that they have chosen to place this order with us," Group Executive Vice President of the Minerals Division Manfred Schaffer comments.
The order will be booked by the Minerals Division and contribute beneficially to FLSmidth's earnings until late 2016.
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Please address any questions regarding this announcement to Group Executive Vice President of the Minerals Division Manfred Schaffer, 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
Group Communications & Investor Relations