“The award of this order to FLSmidth underlines the strength of our good relations with the customer and the value of our long standing local presence in Russia. The order is also a good example of the general signs of a positive development in the cement market,” said FLS-Group CEO Jørgen Huno Rasmussen. The order will be booked by the cement division and will contribute beneficially to FLSmidth‘s earnings until commissioning in 2014.
FLSmidth has received a contract worth approximately DKK 200 million from the Russian company Kaluga Cement Plant LLC to supply additional equipment for their cement plant currently under construction in the Kaluga province, some 300 km southwest of the Russian capital of Moscow. This contract is an extension of the contract which FLSmidth received in 2011 from Kaluga Cement Plant LLC for the supply of a complete cement plant.