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FLSmidth signs contracts for two cement plants in Central America

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World Cement,

FLSmidth been awarded two contracts for projects in Central America: one for a greenfield cement plant valued at more than €100 million; the other for a brownfield cement plant also valued at more than €100 million.

Both contracts include design and engineering, equipment supply, automation systems, training as well as advisory services for installation and commissioning.

The plants will each mainly supply cement to their local markets. The expected start-up is within 24 to 36 months and once operational, the cement plants will have a capacity of 2000 and 3500 tpd, respectively.

"These are the latest projects to underline FLSmidth's strength as a leading supplier of the most productive and energy-efficient equipment and technology and our position as a service provider to the cement industry and as a preferred supplier of complete production lines," said Jan Kjaersgaard, President, Cement. He continued: "We are extremely proud to have been chosen as supplier of these two cement plants. The relationship with the client has evolved over the past many years, leading to detailed negotiations this year, and we have now successfully concluded agreements on these state-of-the-art cement plants that is aligned with our customer's needs."

Combined, the contracts are worth more than €250 million. Among several other conditions, they are also subject to FLSmidth receiving the agreed down payment. Until all conditions have been met and the contracts become effective, they will not be recognised in the order intake. A separate company announcement will be issued when the contracts become effective.

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FLSmidth news Cement news 2018