Reuters are reporting that FLSmidth has signed a contract with Arabian Cement Company (ACC) for operation and maintenance of the production lines at the ACC cement plant located near the city of Suez in Egypt.
Both parties have agreed to not disclose the value of the contract that covers five years of operation and maintenance of two production lines with a capacity of 6000 tpd each.
The contract will contribute beneficially to FLSmidth's earnings until the contract expires in early 2021.