FLSmidth wins new Moroccan cement plant contract
Published by Stephanie Roker,
FLSmidth has won a contract to deliver a greenfield cement plant to a new customer in Morocco. The contract is worth DKK 335 million.
On 19 June, FLSmidth together with Société Générale des Travaux du Maroc (SGTM) signed a contract with TEKCIM S.A. to co-deliver a full cement plant with a capacity of 3600 tpd. The plant will be built in Ouled Ghanem in Morocco's El-Jadida province and is scheduled to be fully operational in 3Q22. FLSmidth's share of the turnkey contract amounts to DKK 335 million.
This is the first business co-operation between FLSmidth and TEKCIM. The process leading to the agreement has involved the African Development Bank as well as local commercial banks, and the parties involved have set very high standards in terms of quality and sustainability.
"The project includes state-of-the-art equipment that will provide TEKCIM with a very efficient cement plant. It also demonstrates FLSmidth ability to support customers where financing is involved, which has been a key aspect to be awarded this project. The plant will fulfil strict international standards which is a clear statement that we as a premium player in the industry are following suit on our agenda of delivering sustainable productivity," said Jan Kjaersgaard, President, Cement, FLSmidth.
The contract scope includes engineering, supply of a full range of equipment from crushing to packing and loadout, supervision, commissioning and training of a local workforce.
The order is effective immediately and has been recognised in the order intake for 2Q19.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/27062019/flsmidth-wins-new-moroccan-cement-plant-contract/
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