FLSmidth signs EP contract with Vietnamese cement producer

FLSmidth has signed a DKK255 million EP contract with the Vietnamese cement producer Tan Thang Cement Joint Stock Company for the supply of the main equipment to a greenfield cement plant in Vietnam. The plant will be located in the Nghe An province, roughly 300 km south of Hanoi.

The order includes all the main equipment from raw mill grinding to clinker silo, as well as a coal mill installation, civil design, commissioning and training. Once completed, the cement plant will have a capacity of 5000 tpd.

"This order is the second significant order to FLSmidth in Vietnam within the past year and was won against two other international competitors due to FLSmidth's strong track record in Vietnam and the use of the most efficient equipment. Vietnam has for many years been an important market to FLSmidth, and after a number of years with limited growth within the cement industry the market is starting to pick up again," Group Executive Vice President of the Cement Division Per Mejnert Kristensen comments.

The order will be booked by the cement division and will contribute beneficially to FLSmidth’s earnings until late 2017.