AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

FLSmidth & Co.

Regulatory Filings Nov 13, 2013

3364_iss_2013-11-13_9c740380-89f6-4866-b6db-d8bef3a3dce0.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

FLSmidth receives order for material handling stockyard system in Qatar

FLSmidth receives order for material handling stockyard system in Qatar

Company Announcement to the Danish Financial Supervisory Authority No. 31-2013, 13 November 2013

FLSmidth, in a consortium with Six Construct, has received an order from Qatar Primary Materials Co. (QPMC). The order value for FLSmidth is approximately EUR 140m (DKK 1bn) and covers supply of conveying and stacking systems for the Gabbro terminal expansion located in Mesaieed Industrial City, approximately 35 km south of Doha, the capital of Qatar.

The scope of supply includes a large high capacity conveying system, a complete integrated instrumentation and control system, complete stockyard equipment including six stackers and all electrical equipment and an advanced stockyard and truck management system as well as training of client staff. The installation of the conveying systems will reduce the environmental impact caused by the current transportation system, while the FLSmidth automated stockyard management system will allow for an increased and optimised throughput of the terminal. This will significantly improve the efficiency of the system.    

The complete system will have a capacity of 30 million tonnes of building materials per year.

"This award shows the strength embedded in the whole FLSmidth Group. Utilising the combined global Group capabilities within for instance technology, project management and plant management, gives us a very strong market position. Furthermore, the customer keeps a strong focus on health and safety and environmental issues in its operation - areas which FLSmidth's material handling equipment addresses," Group Executive Vice President Carsten R. Lund comments.

The order will be booked by the Material Handling division and contribute to FLSmidth's earnings until 2016.

------------------------------------

Please address any questions regarding this announcement to Group Executive Vice President Carsten R. Lund, FLSmidth & Co. A/S at +45 36 18 18 00.

For further information about FLSmidth, please visit www.flsmidth.com.

Yours faithfully

Pernille Friis Andersen

Corporate Communications & Investor Relations

HUG#1742719

Attachments:

Talk to a Data Expert

Have a question? We'll get back to you promptly.