News Archive

2011 (26 entries)

News 2011

2011-11-14

KHD Humboldt Wedag International AG: Settlement of a dispute with Claudius Peters Projects GmbH

Cologne, November 14, 2011 - Claudius Peters Projects GmbH (“CPP”) and KHD Humboldt Wedag GmbH (“KHD”) have settled all disputes relating to or arising out of alleged patent infringement, validity of, and/or breach of intellectual property rights in and to the ETA Cooler technology and other related matters.

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2011-11-11

KHD Humboldt Wedag International AG releases Q3 2011 figures

  • Much stronger order intake in Q3 of € 127.8 million
  • YTD order intake of € 215.2 million
  • Order backlog at € 353.0 million
  • EBIT of € 15.7 million after nine months
  • Consolidated net income of € 13.8 million as of September 30, 2011
  • Revised revenue guidance for 2011

Cologne, November 11, 2011 – KHD Humboldt Wedag International AG ("KHD"), one of the
world's leading providers of equipment and services for the cement industry released its third
quarter 2011 interim results today.

2011-11-03

KHD Humboldt Wedag International AG: Update of revenue guidance for 2011

Cologne, November 3, 2011 - KHD Humboldt Wedag International AG (KHD), one of the leading suppliers of plant and services for the cement industry, has announced today that previously projected revenues (August 2011) of € 270 million for the 2011 financial year will not be reached. Uncertainty in some markets, in particular India, has led to lower cement demand and thus customer postponements in project execution. Nevertheless KHD retains its EBIT guidance of € 16 - € 19 million for the current financial year. KHD will publish Q3 2011 financial results on November 11, 2011.

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2011-10-25

KHD Humboldt Wedag International AG: New Supervisory Board Member

Cologne, October 25, 2011 – On October 19, 2011 the District Court of Cologne, Germany, has authorized the appointment of Mr. Heinz Otto Geidt to the KHD Humboldt Wedag International AG (KHD) Supervisory Board with validity until the company’s next annual general meeting. Mr. Geidt is head of Investment Management for the Software AG Foundation as well as a member of the Software AG Supervisory Board. Effective as of September 30, 2011 Mr. Gerhard Rolf has resigned his seat on the KHD Supervisory Board for personal reasons. Both the Supervisory and the Executive Board thank Mr. Rolf for his support and dedication.

2011-09-07

Change in Management Board - Finance

Cologne, September 7, 2011 - Manfred Weinandy, CFO of KHD Humboldt Wedag International AG has decided to leave the company for personal reasons. The supervisory board has agreed to accept the resignation of Mr Weinandy from office with effect as of today as well as to the mutual cancellation of his service agreement.

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2011-08-29

KHD wins order for 5,000 t/d kiln line in Brazil

Cologne, August 29, 2011 – Humboldt Wedag Inc., a subsidiary of KHD Humboldt Wedag International AG (KHD) has entered today into a contract with Cimentos Liz S.A. in Brazil for the equipment supply, engineering and site advisory and commissioning services, for a new 5,000 t/d production line.

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2011-08-29

KHD wins order for 5,000 t/d kiln line in Brazil

Cologne, August 29, 2011 - Humboldt Wedag Inc., a subsidiary of KHD Humboldt Wedag International AG (KHD) has received an order from Cimentos Liz S.A. in Brazil for the equipment supply, engineering and site advisory and commissioning services, for a new 5,000 t/d production line. The contract is split into two phases. The first 90 day engineering phase is already in force. During this period the customer has an option to withdraw from the contract. If this option is not exercised the contract, when fully in force, will have a total value for KHD of over USD 120 million, otherwise KHD will be paid for all services rendered during phase one. With the completion of this project which is located in Lagoa Santa-Vespasiano, Brazil, the plant will be the largest single cement plant in Brazil and one of the largest in South America.

2011-08-29

KHD wins order for 5,000 t/d kiln line in Brazil

Cologne, August 29, 2011 - Humboldt Wedag Inc., a subsidiary of KHD Humboldt Wedag International AG (KHD) has received an order from Cimentos Liz S.A. in Brazil for the equipment supply, engineering and site advisory and commissioning services, for a new 5,000 t/d production line.

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2011-08-12

KHD Humboldt Wedag International AG: Publishes 2011 Half Year Report

Cologne – August 12, 2011. KHD Humboldt Wedag International AG ("KHD"), one of the world's leading providers of equipment and services for the cement industry, publishes its 2011 half year report today. After winning several new jobs KHD was able to gain strength in the second quarter and booked an order intake of € 51.4 million after a slow start in Q1 with € 36 million. As the revenue cycle for large industrial projects is 12 – 36 months the revenue line in H1 2011 felt the dip from the orders taken in during 2009 economic crisis. Thus, group revenue fell from € 135.4 million in H1 2010 to € 106.6 million in H1 2011. Nevertheless, KHD continues to show a strong order backlog of € 284.4 million as per June 30, 2011. The group notes EBIT of € 7.2 million as of June 30, 2011, which corresponds to a 6.8% margin. Despite the lower revenues the group was able to improve net income by an additional € 1.3 million bringing it up to € 6.4 million for H1 2011.

2011-08-05

KHD solidifies its leading position as a partner for the Turkish cement industry

KIPAS – Kahramanmaras Cimento Beton Sanayii Ve Madencilik Isletmeleri

(KCS) awarded KHD Humboldt Wedag the contract to engineer and deliver equipment for its second cement production line with a capacity of 4,500 t/d clinker, and the contract for increasing its cement grinding capacity by installing a COMFLEX® grinding system. The new production line will be built directly next to Line I, also delivered by KHD, which started production in 2009 near the city of Kahramanmaras in southeastern Turkey.

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2011-07-15

KHD wins order totalling more than EUR 80 m

Cologne, July 15th, 2011 – A member of the KHD group of companies has entered into contracts with an undisclosed cement producer for two new cement production lines.

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2011-07-13

KHD wins order for 4,000 t/d kiln line in Turkey

KHD Humboldt Wedag received the order for engineering, equipment supply, supervision of erection, and commissioning, including on shore training, for Askale Cimento´s new 4,000 t/d pyro-processing system at Gümüshane cement plant, near the town Gümüshane in North-East Black Sea region of Turkey.

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2011-05-30

Quality First : KHD partners with world leader for assessment and certification

Cologne, May 2011

New Partnership
KHD and Bureau Veritas have now become global partners for quality inspections and supplier audits. Bureau Veritas has 48,000 employees and 930 offices in 140 countries; they are one of the world’s leading inspection, certification and classification companies.

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2011-05-06

KHD Humboldt Wedag International AG: Withdrawal of item number 6 from the agenda for annual general meeting on June 16, 2011

Cologne, May 06, 2011– Both the Directors and the Supervisory Board of KHD Humboldt Wedag International AG decided to withdraw item number 6 from the agenda for the Annual General Meeting of Shareholders (“AGM”) on June 16, 2011 (“Agenda”), in Cologne, Germany.

Further details and information about the participation conditions as well as the Agenda for the AGM are available on the company's website at

http://www.khd.com/annual-general-meeting-2011-of-khd-humboldt-wedag-international-ag.html

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2011-04-20

Annual General Meeting of Shareholders to be held on June 16, 2011

Cologne, April 20, 2011 – KHD Humboldt Wedag International AG ("KHD"), one of the world's leading providers of equipment and services for the cement industry, will hold its Annual General Meeting of Shareholders on June 16, 2011, in Cologne, Germany.

Further details and information about the participation conditions and the agenda for the Annual General Meeting of Shareholders are available at

Annual General Meeting 2011 of KHD Humboldt Wedag International AG

2011-03-31

KHD publishes 2010 figures

Today KHD published its 2010 figures. Several highlights are

  • Strong order intake in 2010
  • Strategic partnerships provide new growth opportunities
  • Management Board expects 2011 new orders and revenue approximately at previous year's level

Conference call with webcast, 31 March, 2011

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2011-03-31

KHD Humboldt Wedag International AG publishes 2010 business results

Cologne – March 31, 2011: KHD Humboldt Wedag International AG ("KHD"), one of the world's leading providers of equipment and services for the cement industry, publishes its 2010 annual report today. Although Group revenue fell from € 360 million in the previous year to € 287 million due to the lower order intake during the 2009 economic crisis, KHD nevertheless booked a significant increase in new orders in 2010. Order Intake was up to € 308 million on the basis of pro forma figures (previous year: € 123 million). On December 31, 2010 order backlog was at a solid € 304 million. 

  • Strong order intake in 2010
  • Strategic partnerships provide new growth opportunities
  • Management Board expects 2011 new orders and revenue approximately at previous year's level 

 

 

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2011-03-30

KHD Welcomes Yizhen “Mario” Zhu as COO Asia Pacific

With the new strategic partnership with AVIC (formerly CATIC) now in place, Yizhen “Mario” Zhu joins Jouni Salo and Manfred Weinandy in the management board of KHD Humboldt Wedag International AG in the role of COO Asia Pacific.

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2011-03-29

Supervisory Board appoints Yizhen “Mario” Zhu as third Management Board member of KHD Humboldt Wedag International AG

Cologne, March 29, 2011 – The Supervisory Board of KHD Humboldt Wedag International AG ("KHD") has appointed Yizhen “Mario” Zhu (39) to be the company's third Management Board member.

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2011-03-24

KHD Humboldt Wedag International AG: Supervisory Board member appointed

Cologne, March 24, 2011 – Contrary to the procedure described on page 151 of the securities prospectus of December 29, 2010, new major shareholder Max Glory Industries Limited ("Max Glory") has not appointed a Supervisory Board member following the capital increase for KHD Humboldt Wedag International AG ("KHD").

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2011-03-11

KHD pyro-process technology for Askale Cimento´s new 3,500 t/d kiln line at VAN cement plant, Turkey

Askale Cimento has once again shown confidence in KHD´s advanced technology by placing an order for engineering and equipment supply for its new 3,500 t/d clinker production line at VAN cement plant, located near the town Van, East Anatolian region of Turkey.

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2011-02-21

KHD Humboldt Wedag International AG: Partnership with CATIC Beijing of China creates new growth opportunities

Köln – February 21, 2011: KHD Humboldt Wedag International AG („KHD“), one of the leading suppliers of industrial plants and services for the global cement industry has successfully completed its planned capital increase.

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2011-02-21

KHD Humboldt Wedag International AG: Partnership with CATIC Beijing of China creates new growth opportunities

Köln – February 21, 2011: KHD Humboldt Wedag International AG („KHD“), one of the leading suppliers of industrial plants and services for the global cement industry has successfully completed its planned capital increase. Trading for the new stocks starts today. Raising share capital by EUR 16,561,021 from EUR 33,142,552 to EUR 49,703,573 was one of the main pre-requisites for the partnership with Chinese state-owned CATIC Beijing Co. Ltd. The successful conclusion of the capital increase and CATIC’s resulting 20% equity holding (through its indirect subsidiary Max Glory Industries Ltd.) clears the way for the two companies to expand their global business together.

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2011-02-16

KHD Humboldt Wedag International AG successfully completes capital increase

Cologne, February 16, 2011 – KHD Humboldt Wedag International AG (KHD) successfully concluded its capital increase today.

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2011-01-20

KHD Humboldt Wedag International AG: Sufficient Shares Available For CATIC

Cologne, January 20, 2011 – On January 19, 2011, the subscription period for new shares of KHD Humboldt Wedag International AG (“Company”) ended.

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2011-01-07

High-Ranking Chinese and German government officials witness signing of agreement between CATIC and KHD

Berlin Jan. 07, 2011 KHD was one of 11 German companies to sign cooperation agreements during the two-day Chinese delegation to Berlin, headed by Chinese Vice Premier Li Keqiang, who many predict will be the future leader of China.

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