FLSmidth to deliver new cement production line in Vietnam
PRESS RELEASE, Copenhagen, Denmark
29 March 2019
Xuan Thanh Cement has awarded FLSmidth a contract to deliver equipment for a brownfield cement production line in Ha Nam province in Vietnam. The contract has a value of around DKK 550 million.
FLSmidth will design and engineer the new clinker production line and deliver energy-efficient equipment for the entire production from crushing to clinker silo. The order is due to be fully delivered by the end of 2020, and once operational the production line will have a capacity of 12,500 tonnes per day.
In 2015, Xuan Thanh Cement placed a similar order for a production line that has been operating successfully since 2017.
"We are very pleased to continue our engagement with Xuan Thanh Cement. It is rewarding to work with a customer that combines a strong focus on reliable and efficient production with the ambition to minimise its environmental impact. Our cooperation shows that when you focus on total cost of ownership, you can get energy-efficient equipment that lowers emissions without compromising productivity," says Jan Kjaersgaard, President, Cement, FLSmidth.
The order becomes effective immediately, engineering work is performed in the coming months and the main revenue will be recognised during 2020.
Contacts
Media Relations
Sofie Karen Lindberg, +45 30 93 18 77, skl@flsmidth.com
Investor Relations
Nicolai Mauritzen, +45 30 93 18 51, nicm@flsmidth.com
FLSmidth delivers sustainable productivity to the global mining and cement industries. We deliver market-leading engineering, equipment and service solutions to our customers enabling them to improve performance, drive down costs and reduce environmental impact. Our operations span the globe and our 11,400 employees are present in more than 60 countries. In 2018, FLSmidth generated a revenue of DKK 18,8 billion. www.flsmidth.com (http://www.flsmidth.com/)
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FLSmidth via Globenewswire
