FLSmidth has signed two large cement contracts in Central America for a combined value of over €250m ($289m). These deals are located in Greenfield and Brownfield and 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. Once complete, Greenfield is estimated to have a capacity of 2,000 tonnes per day while Brownfield is set to deliver 3,500 tonnes per day.
Jan Kjaersgaard, FLSmidth’s president, cement, says: "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.”
"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,” Kjaersgaard adds.
The transaction is subject to FLSmidth receiving the agreed down payment among several other conditions.
The company says the contracts will not be recognised in the order intake until all conditions are met and the contracts become effective. A separate announcement will follow when the agreements become effective.
