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FLSmidth: FLSmidth receives third O&M contract from Egyptian cement producer

Company Announcement No. 02-2016:

FLSmidth has signed a contract with Arabian Cement Company (ACC) for operation
and maintenance of the production lines at their cement plant located near
the city of Suez in Egypt.

The parties have agreed not to disclose the value of the contract which covers
five years of operation and maintenance of two production lines with a
capacity of 6,000 tonnes per day each. FLSmidth has been operating and
maintaining the two lines since 2008 and 2010, respectively. Both lines were
built by FLSmidth (see Company Announcement no. 32-2010).

The scope of supply includes operation and maintenance of two clinker
production lines, one coal mill, two alternative fuel handling and dosing
installations, four cement mills and six packing lines. The operation and
maintenance of the mills and packing lines is an addition to the current

"Arabian Cement Company was our first operation and maintenance customer and
have supplied operation and maintenance services at their plant since 2008.
The demonstrated performance over the past nearly 8 years was the main motive
for ACC to expand and continue the cooperation with us. The prolongation of
the O&M contract illustrates the strength of our productivity enhancing
'Design-Build-Operate'-model, where we offer to design, build and operate
customers' plants,
" says Group Executive Vice President, Cement Division, Per Mejnert
The contract will contribute beneficially to FLSmidth's earnings until the
contract expires in early 2021.


Please address any questions regarding this announcement to Group Executive
Vice President, Cement Division, Per Mejnert Kristensen, FLSmidth&Co. A/S at
+45 36 18 18 00.

For further information about FLSmidth, please

Yours faithfully

Pernille Friis Andersen
Group Communications&Investor Relations

Link to PDF version


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FLSmidth via Globenewswire


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