Cement News tagged under: flsmidth
FLSmidth China joins WCA as associate member04 November 2019, Published under Cement NewsFLSmidth China, a wholly-owned subsidiary of FLSmidth A/S, has joined the World Cement Association (WCA) as an associate member. "As a leading contributor to cement production around the world, we share responsibility for driving the sector towards more sustainable productivity," said Cyril Leung, country head of FLSmidth China. "We are inspired by the work already done by the WCA to seek collaborative approaches to some of the central environmental and technological issues and opportuniti... |
FLSmidth records 3Q19 order intake down 36%29 October 2019, Published under Cement NewsFLSmidth's order intake for the 3Q19 amounted to DKK4571m (US$704.5m), a decline of 36 per cent compared to the 3Q18. The performance is explained by a sharp decline in the capital order intake that was partly offset by a record-high service order intake, combined with the exceptionally strong comparative quarter in 2018 that included two large cement plant orders worth a total of about DKK1.9bn. The order backlog decreased to DKK16,088m from DKK16,762m at the end of 2Q19. The market for ... |
FLSmidth adjusts 2019 EBITDA guidance14 October 2019, Published under Cement NewsFLSmidth revises its financial guidance for the full-year 2019. Revenue is now expected to be in the range of DKK20-21bn (US$2.95-3bn). The EBITA margin is now expected to be around eight per cent down from previous estimates of 9-10 per cent. Return on capital employed is now expected to be 10-12 per cent (previously 12-14 per cent). FLSmidth specified that it expected the full-year EBITA margin to be in the lower end of the range of 9-10 per cent due to 'a different development in busin... |
FLSmidth urge greater efforts needed to create more sustainable cement11 October 2019, Published under Cement NewsPer Mejnert Kristensen, FLSmidth Region president for Asia, spoke about sustainability and the role of the cement industry at the second annual Global Cement and Concrete Association (GCCA) Conference in Singapore. "Leaders in the cement industry are fully aware of the issues concerning sustainability, but we cannot solve these issues individually. We must form closer, new partnerships and leverage each other's diverse competencies, both within and beyond cement, to solve these issues," Mr ... |
A new line for FANCESA21 August 2019, Published under Cement NewsBolivian cement producer FANCESA is expanding its cement capacity with a new line at its Cal Orck’o site. With the new project, the company plans to consolidate its domestic leadership position as well as improve operational efficiency of the plant near Sucre. Fancesa is currently expanding its cement plant at Cal Orck’o, Sucre, Bolivia Bolivian cement producer FANCESA operates a cement plant with a clinker capacity of 2800tpd at Cal Orck’o, near Sucre. The company is currently ... |
FLSmidth sees 16% increase in revenue for 2Q1908 August 2019, Published under Cement NewsFLSmidth’s order intake for the second quarter of 2019 reached DKK4.95bn (US$751.5m), a modest decrease of two per cent YoY. Orders included a large cement plant in Morocco and a significant mining order in Australia. The order backlog stood at DKK16.76bn by the end of the quarter, up 16 per cent from the 2Q18. Revenue increased 16 per cent to DKK5.47bn, attributed to the strong order intake and build-up of order backlog in recent quarters. EBITA advanced 28 per cent to DKK487m, while the... |
Kenya's Savannah Cement plans KES5bn grinding plant in major expansion plan15 July 2019, Published under Cement NewsSavannah Cement is currently undertaken a KES5bn expansion of its grinding plant at Kitengela, Kenya, according to the company’s MD, Ronald Ndegwa. The project sees the construction of a 1.2Mta grinding unit, which will double the company’s current installed capacity. Central to the plant will be an energy-efficient vertical grinding mill, supplied by FLSmidth. The new facility is expected to be commissioned by the end of the year. “At Savannah Cement, we are banking on the regional ma... |
A flurry of activity in the white cement sector28 June 2019, Published under Cement NewsThis week ICR reported on FLSmidth’s successful contract award of Al Safwa Cement's project to convert one of its grey production lines to white cement by 2020. The white cement market is providing extra opportunities to Saudi cement producers as demand for grey cement has been subdued and additional revenue streams are needed. Previously, another Saudi cement company, Al Jouf Cement , had spotted the opportunity offered by this profitable niche market. In April, it announced it would con... |
FLSmidth to convert one line at Al Safwa Cement to white cement27 June 2019, Published under Cement NewsAl Safwa Cement Co of Saudi Arabia is converting to a dual white and grey cement line, aiming to begin production in early 2020. The flexibility to adapt to market demands is a crucial competitive factor, and the new production capability will allow Al Safwa Cement Co to convert easily between grey or white cement production as necessary. The contract to convert one of Al Safwa Cement's grey cement kiln lines has been awarded to Denmark-based FLSmidth. This will involve the cost-effectiv... |
IMP Automation Group boosts FLSmidth mining portfolio04 June 2019, Published under Cement NewsFollowing the approval of the competition authorities, IMP Automation Group has now officially become a part of FLSmidth. With the acquisition, first announced in February, FLSmidth completes its portfolio of automated laboratory solutions for the mining industry. "With the closing of the deal, we can now start the next phase in our product evolution. The benefits of the joint portfolio are immediately available to our customers, and our pipeline is strong. We are confident that our produc... |