Cement News tagged under: flsmidth
Signing ceremony held for five cement factory projects in Libya02 December 2021, Published under Cement NewsA new strategic cement and building materials factory complex agreement has been signed by Ahmed Abuhisa, Minister of Industry and Minerals, in Tripoli. The ceremony was attended by FLSmidth, Grenzebach Co and Austroplan. The agreement signed was between the National Mining Corp and the local company, Abraj Al-Ghad Co for the Cement and Building Materials Industry, under the auspices of the Ministry of Industry and Minerals. The celebration included a visual presentation of the p... |
Indocement awards FLSmidth contract for AF system25 November 2021, Published under Cement NewsHeidelbergCement subsidiary PT Indonesia Tunggal Prakarsa Tbk will be replacing the majority of its coal use with a full alternative fuels solution from FLSmidth, who will be delivering a MissionZero flagship product. The project will enable the Indonesian cement producer to use municipal waste and biofuels. PT Indocement awards AF contract to FLSmidth. Left to right: Lars Bo Larsen, Danish Ambassador to Indonesia – Jeppe Kofod, Danish Minister of Foreign Affairs – Leo Carnevale, F... |
FLSmidth appoints a new CEO effective from 1 January 202212 November 2021, Published under Cement NewsThomas Schulz, FLSmidth’s Group CEO, has made the decision to take a role outside of the company, and will therefore step down as FLSmidth’s CEO by end of 2021. Mikko Keto, who joined FLSmidth in January 2021 as President of FLSmidth’s Mining business and member of Group Executive Management, has been appointed incoming CEO by FLSmidth’s Board of Directors, effective 1 January 2022. Vagn Sørensen, Chairman, states: “I am pleased we are able to recruit internally for such a vital positi... |
FLSmidth sees 22% rise in revenue11 November 2021, Published under Cement NewsFLSmidth has reported a 22 per cent YoY increase in revenue to DKK4660m (US$718.8m) in the third quarter of 2021, compared to DKK3834m in the 3Q20. EBITA advanced 72 per cent to DKK305m from DKK177m, while EBITA margin reached 6.5 per cent from 4.6 per cent. Including currency effects, order intake increased by 15 per cent YoY to DKK4549m against DKK3955m in the year-ago period. “Third quarter saw strong momentum in order intake. In particular for service orders, as activity in the min... |
Shree Cement orders equipment for new greenfield project12 October 2021, Published under Cement NewsIndia’s Shree Cement has contracted FLSmidth for a new greenfield project, including the world’s largest Cross-Bar ® Cooler, an OK TM cement mill and JETFLEX ® Burner. The new line will be located near Nawalgarh, Rajasthan, and encompasses a 11,500tpd pyroprocessing system with a six-stage preheater and three-support kiln. “It is great to further strengthen the collaboration with Shree Cement, not only on growing their business, but doing it in a sustainable way. The new line in Raja... |
FLSmidth signs CCS agreement with Chart Industries Inc10 September 2021, Published under Cement NewsFLSmidth has signed an agreement with Chart Industries Inc (Chart) to implement advanced carbon capture technology. The new collaboration between FLSmidth and Chart joins the two companies’ efforts to adapt and commercialise Chart’s Cryogenic Carbon Capture ™ (CCC) for customers in the cement industry. CCC is an advanced post-combustion technology developed by Sustainable Energy Solutions (SES), a Chart company. CCC captures CO 2 from exhaust gas at very high rates and pro... |
Clay calcination – accelerating cement’s green transition30 August 2021, Published under Cement NewsWith the cement industry’s goal of working towards saving the planet, FLSmidth proposes a simple switch: replace 30 per cent of clinker with calcined clay for up to a 40 per cent reduction in CO 2 emissions. In this article the company outlines why the move is not only smart and efficient but is something almost every cement manufacturer could do right now. By Steven Miller, FLSmidth, Denmark. Figure 1: FLSmidth’s clay calciner system With seven per cent of all global carbon em... |
FLSmidth reports 2Q21 strong order intake and improved profitability12 August 2021, Published under Cement NewsFLSmidth’s order intake in the 2Q21 increased 42 per cent compared to the 2Q20 and by 38 per cent to DKK4615m (US$97m) YoY. Cement service order intake reached DKK875 in the 2Q21 and cement capital orders totalled DKK807m in the 2Q21. Revenue increased by six per cent to DKK4073m in the 2Q21 (2Q20: DKK 3846m) and by nine per cent organically, comprising a 13 per cent increase in mining and a flat development in cement. Group EBITA margin increased to 4.8 per cent from 3.4 per cent in ... |
FLSmidth to acquire thyssenkrupp Industrial Solutions mining business30 July 2021, Published under Cement NewsFLSmidth and thyssenkrupp Industrial Solutions have reached an agreement that FLSmidth will acquire thyssenkrupp’s mining business (TK Mining) for an enterprise value of EUR325m, or approximately DKK2.4bn, according to a company announcement by FLSmidth. TK Mining is a leading full-line supplier of solutions for mining systems, material handling, mineral processing and services, which is highly complementary to FLSmidth’s offering. The acquisition is expected to create a leading global mi... |
Vicat contracts FLSmidth for full-scale clay calcination project29 June 2021, Published under Cement NewsVicat has contracted FLSmidth to deliver equipment for a new project in France, which will replace clinker with an environmentally-friendly clay and cut up to 16 per cent of CO 2 emissions, compared to existing cement products. The order includes FLSmidth’s new flash calciner technology, an environmental control system and alternative fuel storage. The project is set to become Europe’s first full-scale clay calcination installation. The flash calciner, expected to have a minimum capacity... |