FLSmidth to supply material handling equipment to Russian port
(Thomson Reuters ONE) -
Company Announcement No. 11-2016:
FLSmidth has signed an EPS (Engineering, Procurement and Supervision) contract
worth more than EUR 160m with the Russian marine export terminal owner OTEKO-
Portservice LLC for the engineering, supply and supervision of material handling
equipment. The equipment is to be installed at the port of Taman on the Russian
Black Sea Cost, approximately 1,500 km south of the capital Moscow.
The order is part of the construction of a new cargo terminal to handle the
increasing export of coal, iron ore, sulphur and fertilizers from production
sites in Russia. Included in the scope of supply is: railcar unloading,
screening and crushing, stockyard machines, ship loaders and associated conveyor
systems including auxiliaries such as dust suppression or sampling.
"FLSmidth and Oteko have worked jointly on this project for a long time and have
now found a technically and commercially viable solution that allows this
project to go ahead despite the headwind from the commodity market. It is a good
example of how customers can benefit from engaging with FLSmidth early in the
development of a project. This order includes supplies and services from various
FLSmidth business units and is particularly valuable in times with low capital
investments in the mining and minerals industry," Group Executive Vice President
of the Minerals Division Manfred Schaffer comments.
The order will be booked and executed by FLSmidth's Bulk Material Handling
business unit in Wadgassen and contribute beneficially to capacity utilisation
and earnings until mid-2018.
-------------------------------------
Please address any questions regarding this announcement to Group Executive Vice
President of the Minerals Division Manfred Schaffer, FLSmidth & Co. A/S at
+45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com.
Contact Investor Relations:
Pernille Friis Andersen, +4536181887, pefa(at)flsmidth.com
Nicolai Mauritzen, +4536181851, nicm(at)flsmidth.com
Contact Media Relations:
Sofie Karen Lindberg, +4530931877, skl(at)flsmidth.com
Link to PDF version:
http://hugin.info/2106/R/2013574/746244.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: FLSmidth via GlobeNewswire
[HUG#2013574]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 18.05.2016 - 12:30 Uhr
Sprache: Deutsch
News-ID 472029
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Town:
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Kategorie:
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