FLS wins RI orders

FLS wins RI orders

COPENHAGEN (Reuter): Danish cement and engineering firm FLS Industries A/S said yesterday it won orders worth a total of 1.2 billion crowns to deliver three production lines to the Indonesian cement industry.

The first order was for a 7,800 tons per day production line to be delivered to Indonesian state-controlled cement company PT Semen Gresik. The second contract was also for a 7,800 tons per day production line, ordered by another state company, PT Semen Padang.

The third order was for machinery for a new 7,500 tons per day cement factory to be set up on Kalimantan by a joint venture between Indonesian cement producer Indocement, Korean company Kodeco and Japanese trading company Marubeni.

FLS said estimated economic growth in Indonesia would create the need for building one or two new cement plants each year and that it was well-placed to play a continued role in the country where its market share in the cement sector is now more than 75 percent.