FL Smidth has signed a contract for a cement plant valued at more than $100 million.
The contract includes engineering, equipment supply, construction supervision, commissioning, and training.
The north African plant will mainly supply cement to its local market. Once completed, the cement plant will have a capacity of 12,000 tonnes per day.
"We are extremely proud to have been chosen as the preferred supplier of this cement plant. It marks the culmination of a close collaboration between the customer and FL Smidth, enabling us to deliver a state-of-the-art cement plant based on our experience and competencies from the cement industry, our global presence, and the know-how of our 12,000 employees in delivering productivity enhancing solution," Per Mejnert Kristensen, group executive vice president, Cement Division. said.
"North Africa is a very important market to FL Smidth and we have previously supplied several cement plants across the region," he said.
The contract is worth more than $100 million and is among several other conditions subject to receipt of the down payment by FL Smidth. Until all conditions are met and the contract becomes effective, it will not be part of the order intake. A separate company announcement will be issued when the contract becomes effective.
