FL Smidth has signed a $128 million contract to provide the Algerian Cement Company with machinery and equipment as well as civil construction drawings and steel structures for a greenfield cement clinker plant.
The plant will be built at M’sila, some 240 kilometers southeast of Algiers. It is scheduled to go on stream in the summer of 2004 and will have an output capacity of 5,000 tons per day.
Based on the continuing upward trends in cement consumption in Algeria, the M’sila project includes an option for doubling the production capacity.
Algerian Cement Company is the first privately owned company in the cement sector in Algeria. The major shareholder is the Egyptian company Orascom Construction Industries. It is the first time that FL Smidth is to co-operate with Orascom, which via its Algerian subsidiary will be in charge of building the cement plant.