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FLSmidth secures EIB funding for R&D investments

Danish engineering group FLSmidth has signed an EUR 125m loan agreement 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.



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