Cement News tagged under: FLSmidth
FLSmidth divisions to be renamed15 November 2012, Published under Cement NewsEffective from 1 December 2012, the Non-Ferrous and Bulk Materials will be renamed to reflect the underlying technology focus in each of the two FLSmidth divisions. Non-Ferrous will be renamed “Mineral Processing” and Bulk Materials will be renamed “Material Handling”. The Non-Ferrous Division has, in the past, been focussing on mineral processing technologies primarily to non-ferrous minerals, but as it now also includes Ludowici mineral processing products for bulk materials such as coa... |
FLSmidth secures funding for R&D investments18 October 2012, Published under Cement NewsFLSmidth has signed a loan agreement totalling EUR130m with the Nordic Investment Bank (NIB). The loan is earmarked for investments in research and development activities. The seven-year-maturity loan will finance FLSmidth's global research and development programme in the period of 2013-2015. The R&D programme will focus on development of new products, enhanced energy efficiency and use of materials and fuels in the production process, and reduction of harmful emissions. The total budget ... |
FLSmidth acquires market-leading technology for unmanned operation03 October 2012, Published under Cement NewsFLSmidth has acquired the market-leading technologies and products related to unmanned operation and process optimisation of stackers/reclaimers and train loading systems from the German company iSAM AG. The technologies and products acquired will enable FLSmidth to offer and supply complete, unmanned integrated bulk handling solutions to mining, stockyard and port facility customers in line with FLSmidth's One Source strategy. Application of unmanned operation will support FLSmidth's cu... |
FLSmidth MAAG Gear expands production facilities01 October 2012, Published under Cement NewsFLSmidth MAAG Gear has widened the production capabilities at their gear production facilities in Poland. A major investment in the machinery enables FLSmidth MAAG Gear to manufacture bevel gear sets that will be sold through the global network of the FLSmidth Group. This newly installed state of the art bevel gear cutting as well as measuring machines will support the organization's strategy of getting closer to customers by providing one-stop-shop solutions to their needs.. The compa... |
FLSmidth strengthens customer services footprint in Australia05 September 2012, Published under Cement NewsFLSmidth signed an agreement to acquire the two Australian service companies MIE Enterprises Pty Ltd. and Mayer Bulk Pty Ltd. The parties have agreed not to disclose the value of the transactions. The two acquisitions will complement FLSmidth's regional Customer Services set-up with a highly skilled workforce and full-service capabilities. The key markets of the two companies are currently the Australian and South East Asian mining industries. MIE Enterprises Pty Ltd. and Mayer Bulk Pty ... |
FLSmidth to acquire German TEUTRINE GmbH04 September 2012, Published under Cement NewsFLSmidth has acquired the privately-owned company TEUTRINE GmbH Industrie-Technik (TEUTRINE), a German company specialised in mobile solutions for repairs, refurbishments and installation services. The parties have agreed not to disclose the value of the transaction. TEUTRINE has 40 years of experience of worldwide site management services, assembly and repair tasks within the cement and minerals industries. The company predominantly carries out maintenance and repair services at site w... |
FLSmidth 2Q operating profit hit by one-off writedown17 August 2012, Published under Cement NewsFLSmidth reported a drop in operating profits for the second quarter hit in part by a one-off writedown. EBIT fell to DKK 349m (US$57.78m) in April-June from DKK404m in the second quarter last year. The result, which was hit by a DKK188m writedown on capitalised research and development. Revenue for the period increased 26 per cent to DKK6036m, attributable to positive developments in all segments except for cement where revenue fell seven per cent - reflecting the decline in order int... |
FLSmidth acquires Decanter Machine, USA16 August 2012, Published under Cement NewsFLSmidth has today signed an agreement to acquire the privately owned company Decanter Machine, Inc, a United States based manufacturer and supplier of centrifugal technology to the global minerals industries. The transaction is subject to rezoning of a portion of real estate which is expected to occur in September. The parties have agreed not to disclose the value of the transaction. Decanter is recognised as the global leader in the manufacture of screen bowl, solid bowl and hyperbaric c... |
FLSmidth falls on weaker China outlook24 July 2012, Published under Cement NewsFLSmidth & Co fell the most in eight weeks in Copenhagen on the outlook for slowing demand for its products as China’s expansion cools, according to Bloomberg reports. The shares slid as much as four per cent, the biggest decline since June 1. They dropped 3.3 per cent, making it the fourth-biggest loser in the Copenhagen 20 Index, to DKK332.3 as of 2:09pm in the Danish capital. Growth in China may slow for a seventh straight quarter to 7.4 per cent in the three months to September, sa... |
FLSmidth secures Kalina power plant contract in UAE08 June 2012, Published under Cement NewsThe Directors of Wasabi Energy have announced that the company's Kalina Cycle licensee, FLSmidth has secured a contract to install its second Kalina Cycle power plant utilising waste heat from a major cement plant. The new contract is for a 4.75 MWe Kalina Cycle power plant which will be installed by Q2 CY2013 at Star Cement's cement plant in Ras Al Khaimah, United Arab Emirates. ??Star Cement Co. LLC was acquired in 2010 by UltraTech Cement which is part of the Aditya Birla Group. Was... |