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New Russian contract for FLSmidth

World Cement,

FLSmidth has announced that it has won a contract from the Russian company Kaluga Cement Plant LLC, to supply additional equipment for the plant currently under construction in the Kaluga province, some 300 km southwest of the Russian capital of Moscow.

This contract, which is expected to be worth around DKK200 million, is an extension of the contract won by FLSmidth won 2011 from Kaluga Cement for the supply of a complete cement plant.

FLSmidth Group CEO, Jørgen Huno Rasmussen said, "The award of this order to FLSmidth underlines the strength of our good relations with the customer and the value of our long standing local presence in Russia.”

Naturally, this order is a good sign, not just for FLSmidth, but for the market as a whole, representing positive development of the market. The order will appear on the books of the company’s Cement division, and will provide income until the Kaluga plant enters commissioning in 2014.

Adapted from press release by Jack Davidson

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