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FLSmidth (CPH:FLS) Company Announcement to the Danish Financial Supervisory Authority No. 40-2008, 23 September 2008
FLSmidth has signed a contract with Prism Cement worth DKKm 225 for the supply of machinery and equipment for a new cement production line with a capacity of 7,200 tonnes per day (tpd) to be located at its plant site in Satna Madhya Pradesh in central India.
FLSmidth is to supply the machinery and auxiliary equipment comprising two ATOX raw mills, an ATOX coal mill and a kiln system with a two string 6-stage ILC preheater, an SF Cross Bar cooler and two UMS ball mills for cement grinding.
FLSmidth's Indian project division in Chennai has conducted the negotiations for the new production line and will also be responsible for implementing the project.
"We are pleased to sign this significant contract with Prism Cement. During the late nineties FLSmidth commissioned the Prism Cement plant's first line and we view the choice of FLSmidth as supplier for the plant's second line as a sign of our strong position on the expanding Indian cement market," Group CEO Jørgen Huno Rasmussen comments.
The order will contribute beneficially to FLSmidth's earnings until the equipment is commissioned in mid 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.