FLSmidth confirms Qatar cement plant reports

Danish company FLSmidth has confirmed reports that it has signed a Letter of Intent with Qatar National Cement Company (QNCC) for supply of a cement plant in Qatar. The company says that if and when the contract is finalised and becomes binding, it will immediately inform the market. “FLSmidth is continuously negotiating many potential contracts on the global market. To be considered binding, such contracts require not only signing but also exchange of down payment and guarantees, etc,” says the co
December 2, 2013 Read time: 1 min

Danish company 7451 FLSmidth has confirmed reports that it has signed a Letter of Intent with Qatar National Cement Company (QNCC) for supply of a cement plant in Qatar.  

The company says that if and when the contract is finalised and becomes binding, it will immediately inform the market.

“FLSmidth is continuously negotiating many potential contracts on the global market. To be considered binding, such contracts require not only signing but also exchange of down payment and guarantees, etc,” says the company. 

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