May 25 2015
Company Announcement to the Danish Financial Supervisory Authority No. 10-2015, 23 May 2015
FLSmidth has received an order worth approximately EUR 100m (DKK 750m) from the Vietnamese cement producer Xuan Than Group for the supply of a complete cement plant with a capacity of 12,000 tonnes per day. The plant will be located approximately 100 km South of Hanoi, Vietnam.
Once completed, the plant will be the largest cement plant in South East Asia with the most energy efficient equipment, state-of-the-art emission control and leading process control systems.
"The Vietnamese cement market is expected to grow over the coming years and it is a well-known market to FLSmidth as we have been present in the country for many years - also the construction of the largest cement plant in South East Asia proves our strong position in the area," President of the Cement Division Per Mejnert Kristensen comments.
The order will be booked by the Cement Division and contribute beneficially to FLSmidth's earnings until mid 2017.
Source: http://www.flsmidth.com/