Egypt: FLSmidth has been awarded a contract by the Egyptian National Cement Company for operation and maintenance of two of their production lines located in Cairo, Egypt. The parties have agreed not to disclose the value of the contract which covers a period of seven years but the order will contribute beneficially to FLSmidth's earnings until 2019.
The contract which is the largest operation and maintenance contract awarded to FLSmidth to date includes supply of spare parts and consumables, development of a full operation and maintenance organisation, knowledge transfer to local employees and implementation of industry best practice.
FLSmidth is currently carrying out an upgrade of the two production lines, which were originally supplied by German KHD and have been in operation since the mid 1980s. When the upgrade is completed in early 2014 each line will rise in capacity to 5200t/day from 3800t/day at present.
"We are now for the first time also taking over the operation and maintenance of a plant, which was built by a competitor and consists of a competitor's equipment, and still FLSmidth is in a better position to meet production and quality targets and optimising the customer's earnings capacity," commented group CEO Jørgen Huno Rasmussen.
