Europe & CIS - 11 November 2021

The company’s cement reshaping activities have progressed well and EBITA in cement was positive for the first time since Q1 2020.

Thomas 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 has been appointed incoming CEO by FLSmidth’s Board of Directors, effective 01 January 2022.

The report draws data and insights from the 90 largest cement markets in the world representing over 95% of global cement consumption.

The company has announced that it has signed an agreement with HeidelbergCement to acquire all its business in the South of Spain, which includes a modern integrated cement plant, three aggregates quarries and eleven ready-mix plants in Andalusia region.