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MarketScreener Homepage  >  Equities  >  NASDAQ OMX COPENHAGEN  >  FLSmidth & Co    FLS   DK0010234467

FLSMIDTH & CO

(FLS)
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FLSmidth : World's largest vertical roller mill underway at Shah Cement

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12/19/2018 | 07:44am EST

The inauguration of the world's largest vertical roller mill for cement grinding completes a smooth commissioning process at Shah Cement in Bangladesh.

Shah Cement Industries Ltd. of the Abul Khair Group is one of Bangladesh's largest cement producers. The FLSmidth vertical roller mill (VRM) was chosen to produce a full range of cement types at the Muktarpur Plant. Driven by two 5.8 MW FLSmidth MAAG Max Drive gear systems, the impressive mill is the biggest VRM ever to be installed in a cement plant in terms of dimension, operating capacity and installed power.

The world's largest VRM was successfully put into operations in September 2018, and plant management at Shah Cement is extremely impressed with its outstanding performance. In just a few weeks, it has achieved a highly satisfactory production capacity with low energy consumption.

Hafiz Sikander, Director of Operations, Cement Division of Shah Cement Industries Ltd., says: 'We are proud to have the world's largest vertical roller mill as part of our operations. We selected the FLSmidth OK 81-6 Mill for its exceptional efficiency and reduced power consumption - and we are expecting it to deliver as promised. As the largest single-unit grinding mill in the industry, we expect it to meet our production requirements for many years.'

Supporting Shah Cement's versatility in high quality cement production, the mill is designed to produce OPC, PPC, PSC and slag cement types. It is producing PPC at a capacity of 500 tonnes per hour @ 3500 Blaine with 15% slag.

About Shah Cement

Located at Muktarpur, Munshigonj, Shah Cement Industries Ltd. is the largest cement producing plant in Bangladesh, with a capacity of 8.0 million metric tonnes per year. As one of the country's leading cement brands, Shah Cement is the only cement company featuring in the list of Consumer Prestigious Brands of Bangladesh. The company is part of the Abul Khair Group, the largest business conglomerate in Bangladesh.

FLSmidth OK Mill highlights:

Parts commonality for raw and cement applications

Well-suited to changing cement production demands

Flexibility to grind diverse materials and ability to accommodate changes to product type within minutes

5-10% less power consumption than other cement VRMs, saving millions of kilowatts annually

Achieves 60-70% of nominal output, even with half of its rollers out of service

Contact:

Tel: +45 3618 1000

(C) 2018 Electronic News Publishing, source ENP Newswire

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Financials (DKK)
Sales 2019 20 410 M
EBIT 2019 1 334 M
Net income 2019 806 M
Debt 2019 1 761 M
Yield 2019 3,81%
P/E ratio 2019 15,9x
P/E ratio 2020 13,2x
EV / Sales2019 0,70x
EV / Sales2020 0,67x
Capitalization 12 521 M
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