Danish engineering firm FL Smidth has confirmed reports in Qatari media that it is in talks to supply Qatari Investors Group with equipment and machinery to build a new cement plant to boost capacity in the region.
However, the firm added that it is still in talks and no deal has been signed.
"If and when a contract is finalised and becomes binding, we shall immediately inform the market," it added.
In August, a separate report linked the firm to a deal to build a new materials handling and stockyard at Messaieed Industrial City in a joint venture with Sixco for Qatar Primary Materials Co. The company has also said this remains in negotiations.
Source:
http://www.uaecement.com/newsDetail.aspx?id=986
