Company Announcement No. 05-2016:
FLSmidth has signed an EPC (Engineering, Procurement and Construction) contract with a value of more than EUR 200m with the Algerian cement producer SARL Amouda Ingineering for the supply of a greenfield cement plant in Algeria. The plant will be located in El Beida (Laghouat), approximately 400 km from the capital Algiers.
The order includes engineering, equipment supplies, construction, commissioning and training. Once completed, the cement plant will have a capacity of 6,000 tonnes per day.
"EPC solutions are increasingly requested by the industry and we are very happy that SARL Amouda Ingineering chose FLSmidth as the preferred supplier based on a very close collaboration and our extensive knowledge of the region. Algeria is a very important market for FLSmidth and we have supplied several cement plants in the country," Group Executive Vice President of the Cement Division Per Mejnert Kristensen comments.
The order will be booked by the Cement Division and contribute beneficially to FLSmidth`s earnings until early 2018.
Please address any questions regarding this announcement to Group Executive Vice President of the Cement Division Per Mejnert Kristensen, FLSmidth & Co. A/S at +45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com.
Pernille Friis Andersen
Group Communications & Investor Relations
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Source: FLSmidth via GlobeNewswire