FLSmidth is divesting its Cement business to an affiliate of Pacific Avenue Capital Partners, a global private equity firm, for a total initial consideration of EUR 75 million.
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Tag: FLSmidth
FLSmidth Cement Opens New Facility
FLSmidth Cement hosted a ribbon cutting at its new manufacturing and distribution facility in Allen Township, Pa., on April 9, reported local media.
Read MoreThe Cement Lab and Industry 4.0
The Cement Laboratory Is A Crucial Source Of Data. Collecting And Managing That Data Are Vital Tasks Supporting A Plant’s Industry 4.0 Journey, As Flsmidth Cement’s Jens Asbjørn Pedersen Explained To Cement Products.By Jonathan Rowland
Read MoreContinental Cement Expands Davenport Facility
Continental Cement held a ribbon cutting ceremony for its Green America Recycling expansion at its Davenport plant in Buffalo, Iowa. The investment will allow around 50,000 tons of fossil fuels to be substituted with waste material.
Read MoreFLSmidth Cement, Carbon Re to Elevate Process Optimization
FLSmidth Cement and UK-based climate tech company Carbon Re announced a cooperation that will see the integration of the former’s ECS/ProcessExpert advanced process control software known as PXP with Carbon Re’s AI-powered cloud platform.
Read MoreFLSmidth Cement Closes MAAG Business Divestment
FLSmidth Cement closed the sale of its MAAG gears and drives business to the Swedish investment company, Solix Group AB.
Read MoreFLSmidth Explores Cement Unit Divestment
FLSmidth is looking at available divestment options for its Cement business to unlock the unit’s full potential.
Read MoreFLSmidth Names New President of Cement Business
Christopher Ashworth is the new president of FLSmidth Cement, effective immediately, succeeding Asger Lauritsen, who left the position in August.
Read MoreFLSmidth Wins Service Contract
FLSmidth will support an undisclosed cement producer to improve the reliability and performance of its operations in Latin America. A new contract builds on a long-standing relationship between the two companies and will last a period of 18 months.
Read MoreFLSmidth, FCT ACTech Partnership Creates Enhanced QC Solution
Cement plants have a new solution for online analysis of raw materials thanks to a newly formed partnership between FLSmidth and FCT ACTech. Under the partnership, FLSmidth will incorporate FCT ACTech’s advanced XRF and XRD analyzers in its new QCX CUBE solutions.
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