FLSmidth says wins $90 million Morocco order
Danish engineering group FLSmidth & Co A/S said on Friday it had won a phosphate terminal order worth about $90 million from Morocco's OCP Office Chérifien des Phosphates, Reuters reports.
FLSmidth, a supplier of engineering services and equipment to the cement and minerals industries, said it would supply equipment and technology for the terminal in Jorf Lasfar to the state-run phosphate monopoly.
"As the demand for fertilizer increases worldwide, we are proud to supply the world's largest phosphate flash drying system," Chief Executive Jorgen Huno Rasmussen said in a statement.
The order would contribute beneficially to FLSmidth's earnings until 2013, it said.