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| FLSmidth secures funding for R&D investments Danish engineering group FLSmidth has signed a loan agreement totalling EUR 130m with the Nordic Investment Bank (NIB). The loan is earmarked for investments in research and development activities. The 7-year-maturity loan will finance FLSmidth's global research and development programme in the period of 2013-2015. The R&D programme will focus on development of new products, enhanced energy efficiency and use of materials and fuels in the production process, and reduction of harmful emissions. The total budget of the programme amounts to EUR 260m. 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. write your comments about the article :: © 2012 Construction News :: home page |