FLSmidth secures EIB funding for R&D investments
FLSmidth has signed a loan agreement for the amount of 125 million € with the European Investment Bank (EIB). The 5-year-bullet loan will finance FLSmidth’s global research and development programme within the cement industry during the period 2013-2016. The R&D programme will focus on development of innovative products, optimisation of energy efficiency and use of materials and fuel in the production process as well as reduction of harmful emissions.
In its research and development investments FLSmidth places particular emphasis on the use of alternative fuels, reduced emissions and waste, improved heat recovery, lower power consumption, minimised water consumption, increased plant capacity, availability and operating efficiency and minimum safety risk.
