FLSmidth shares 2021 Q3 financial results
The company’s cement reshaping activities have progressed well and EBITA in cement was positive for the first time since Q1 2020.
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The company’s cement reshaping activities have progressed well and EBITA in cement was positive for the first time since Q1 2020.
Thomas Schulz, FLSmidth’s Group CEO, has made the decision to take a role outside of the company, and will therefore step down as FLSmidth’s CEO by end of 2021. Mikko Keto has been appointed incoming CEO by FLSmidth’s Board of Directors, effective 01 January 2022.
The report draws data and insights from the 90 largest cement markets in the world representing over 95% of global cement consumption.
The company has announced that it has signed an agreement with HeidelbergCement to acquire all its business in the South of Spain, which includes a modern integrated cement plant, three aggregates quarries and eleven ready-mix plants in Andalusia region.
The company has announced the completion of this year’s annual programme to support breast cancer education, screening, treatment and research around the world.
The company has announced that it has successfully closed a new US$3.25 billion syndicated credit agreement and used the proceeds to fully repay its previous facilities agreement.
The company is set to provide its new ultra-low carbon cement to two major Paris projects – the Athletes’ Village for summer 2024 and the Grand Paris Express.
The company has announced its commitment to reaching at least 40% of sustainable financing by 2024, putting climate action, water preservation and safety at the heart of its strategy.
Dominik von Achten, Chairman of the Managing Board of HeidelbergCement, underlined the company’s focus on Carbon Capture and Utilisation or Storage (CCU/S) as an important element of its decarbonisation strategy during German Federal President Frank-Walter Steinmeier’s state visit to Norway.
The association states that urgent action in three key areas could save around 900 million t of carbon annually by 2030.
The company has announced that it is a founding member of the First Movers Coalition, a new initiative launched at COP26 that unites more than two dozen of the world’s leading companies to accelerate innovation and the development of early-stage decarbonisation technologies by leveraging their combined purchasing power.
The company has been recognised with The 5% Club gold award, through its 2021 employer audit scheme.