News Archive

2012 (26 entries)

News 2012

2012-12-18

Holcim awards KHD group € 69 million order for 9,000 tpd cement plant in India

New Delhi – December 18, 2012 KHD Humboldt Wedag International AG subsidiaries, Humboldt Wedag India, Pvt. Ltd. and Humboldt Wedag GmbH (collectively “KHD”) received an order from Holcim Group company ACC Limited, India, for a new 9,000 tpd cement plant. The total project value, of € 69 million, consists of a euro portion of € 19.8 million and an Indian rupee portion equivalent to € 49.2 million. The plant will be built in Jamul, Chhattisgarh, India and is scheduled for commissioning in May 2015.

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2012-12-03

KHD and AVIC Win First Joint Project in Turkey

SÖNMEZ Cimento demonstrated their confidence in KHD´s advanced technology and their strategic partnership with AVIC, by placing an order with AVIC International for its new 5,000 tpd clinker production line. KHD and AVIC collaborate to offer select, competitive solutions for the cement industry by combining the strengths of KHD’s technology, with AVIC’s construction experience and competitive cost platform.

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2012-12-03

KHD Wins New Contract in Turkey: Limak Bati Group Expands Trakya Kiln Line I to 2,500 tpd

Humboldt Wedag, Germany, a member of KHD-Group, signed a contract with the Limak Bati Group, in Turkey, to supply engineering and equipment for a kiln line capacity increase from 1,820 tpd to 2,500 tpd of clinker, at their Trakya cement plant.

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2012-11-22

KHD to upgrade Italcementi’s Rezatto plant in environmentally sensitive region

Cologne, Germany, November 22, 2012 - The Italcementi Group (ITC) recently awarded KHD a contract to upgrade and redevelop its historic Brescia Rezzato plant. The upgraded plant, situated the in environmentally sensitive Lake Garda region, will have to adhere to very strict emissions, noise and other environmental requirements, while simultaneously ensuring highest levels of availability and low investment costs.

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2012-10-25

Project postponements force KHD to revise revenue guidance 2012

Cologne, Germany, October 25, 2012 – Postponements in the execution of certain projects have forced KHD Humboldt Wedag International AG to revise its 2012 revenue guidance. The company expects to achieve 2012 full year revenues between € 210 - € 220 mio.
EBIT margin guidance of 2% - 4% remains unchanged.

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2012-10-17

Cementing a Stronger Future in the Community

KHD is dedicated to helping create healthy environments, not only through our clean technology and engineering expertise in the cement industry, but also through our partnerships and work outside the workplace. Recently, the KHD Customer Service Center in India partnered with Swechha, a youth-run, youth-focused NGO operating out of Delhi, India. Swechha is a movement of young people engaged in environmental and social development issues. They offer programs and activities designed to raise awareness and enable young people to bring about change.

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2012-10-08

Results: KHD Annual General Meeting 2012

Cologne, Germany, October 8, 2012 – On Friday October 5th all company proposals were passed at KHD Humboldt Wedag International AG’s (KHD) Annual General Meeting. 79.6% of KHD’s outstanding share capital was represented at the shareholder meeting held at the Marriott Hotel in Cologne, Germany.

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2012-10-04

Eliza Yuen to chair KHD Supervisory Board

Cologne, Germany, October 4, 2012 – Today, the Supervisory Board of KHD Humboldt Wedag International AG has voted unanimously to elect Eliza Suk Ching Yuen as chairperson. Ms. Yuen has served on the KHD Supervisory Board since May 2011 and has been working in the function of deputy chairperson for the last several months.

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2012-08-27

KHD Annual General Meeting set for October 5th

Cologne August 27th 2012 - As previously announced, KHD Humboldt Wedag International AG (KHD) will hold its Annual General Meeting (AGM) in Cologne on October 5th. On August 20th, the KHD supervisory board approved the AGM agenda, which was published today (convening notice incl. agenda). During the same meeting the supervisory board decided to re-activate the search for a CFO.

All shareholders are encouraged to take part in the annual general meeting. Shareholders outside of Germany are also reminded to adhere to the registration procedure outlined under “Conditions of Participation” on the agenda. The most important step is to instruct your custodian bank to register at the following address by Friday, September 28, 2012, 24:00 CET at the latest:

KHD Humboldt Wedag International AG
c/o UniCreditBank AG
CBS40GM
80311 München
Germany
FAX. +49-(0) 89/54002519
Email: hauptversammlungen@unicreditgroup.de

Questions regarding the AGM can be directed to KHD Investor Relations anytime.

2012-08-15

KHD Triples Order Intake and Confirms Guidance

Cologne, Germany, August 15, 2012 – Although tough market conditions continued to hamper KHD Humboldt Wedag International AG’s (KHD) revenue and EBIT growth, the company was successful in winning new orders with its strategic partners during the first six months of 2012, and, thus, laying the foundation for future growth.

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2012-07-26

New date for KHD Annual General Meeting

Cologne, Germany, July 26, 2012 – Further to today’s postponement notice of the KHD Humboldt Wedag AG Annual General Meeting, the company would like to inform all shareholders that this change in date is not related to a takeover bid or any type operational business issues. The postponement is only due to a sudden technicality related to executing the AGM.

The AGM is to be held on October 5th 2012 in Cologne, Germany.

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2012-07-26

Cancellation of the Annual General Meeting

Cologne, Germany, July 26, 2012 – The KHD Humboldt Wedag International AG management board is hereby cancelling the Annual General Meeting, which was scheduled for July 27, 2012.

The company will announce a new meeting date next week.

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2012-07-20

KHD solidifies revenue and EBIT targets 2012

Cologne, July 20, 2012 – In the December 31, 2011 financial statements KHD Humboldt Wedag International AG (KHD) noted restrained group revenue expectations for 2012 and that the company would most likely not reach the 2011 EBIT margin level of 7.5 %.

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2012-07-20

New project in Turkey

As already reported in the media, KHD partner AVIC has signed an agreement with Sonmez Holding for a new project in Adana, Turkey. KHD is the preferred partner for pyro-processing equipment, which , when ordered, will have a value in the single digit millions (EUR).

2012-06-15

Proposal on Dividend Payment

Cologne, June 15, 2012 – Today the Management Board and the Supervisory Board decided to propose a dividend payment of € 0.12 per non-par-value share entitled to a dividend, at the Annual General Meeting. The total dividend payout amounts to € 5,936,932.44.

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2012-06-01

New Chairman of Supervisory Board

Cologne, June 01, 2012 – Within the context of the proposed reduction of the number of Supervisory Board members and as already published per ad hoc on May 31, 2012, the Chairman and the Deputy Chairperson of the Supervisory Board of KHD Humboldt Wedag International AG have resigned from their offices effective as of May 31, 2012. Today the Supervisory Board elected Heinz Otto Geidt as the new Chairman and Eliza Suk Ching Yuen as Deputy Chairperson.

2012-05-31

Changes to KHD’s Supervisory Board – Proposed Reduction of Number of Members of the Supervisory Board

Cologne, May 31, 2012 – The Management Board and the Supervisory Board will propose an amendment to the articles of association (reduction of the number of members of the Supervisory Board from six to three persons and reduction of the remuneration for the members) at the Annual General Meeting, which is intended to be held on July 27, 2012.

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2012-04-30

EUROCEMENT group awards KHD contract for new cement plant in Stavropol / Russia

Moscow / Cologne, April 30, 2012 – Leading Russian cement producer EUROCEMENT placed an order for more than € 80 million with KHD for a new cement plant to be built in Stavropol, Russia. The Moscow-based EUROCEMENT group is among the top ten cement producing companies in the world.

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2012-03-30

KHD awarded € 100 million project in Malaysia

Cologne, Germany, March 30, 2012 - Straits Cement, a 100% subsidiary of the Malaysian YTL Group, has awarded KHD with a € 100 million contract to build a new, fully integrated cement production facility with a capacity of 5000 tons of cement per day and will be located near Kuantan, Malaysia, approximately 260 kilometers east of Kuala Lumpur.

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2012-03-30

KHD Humboldt Wedag International AG posts virtually unchanged EBIT margin despite fall in revenue

  • Global economic crisis is felt
  • Revenue down but EBIT margin remains satisfactory at 7.5%
  • Constructive cooperation with AVIC leads to first projects
  • Order intake expected to increase in 2012, but revenue and EBIT likely to fall

Cologne, Germany – March 30, 2012: KHD Humboldt Wedag International AG (KHD), one of the world’s leading suppliers of equipment and services for the cement industry, published its 2011 Group Annual Report today. Group revenue fell from € 286.9 million to € 234.6 million, largely as a result of delayed projects. Nevertheless, KHD succeeded in maintaining a virtually unchanged EBIT margin of 7.5% (previous year: 8.7%). The Management Board expects that operating conditions will remain difficult in the markets relevant for KHD in 2012. Nevertheless, it forecasts a rise in order intake. However, the Company does not expect to match its 2011 EBIT margin and revenue in the current financial year.

2012-03-29

KHD posts EBIT margin of 7.5% in 2011 despite fall in revenue – modest expectations for 2012

Cologne, Germany, March 30, 2012 – KHD Humboldt Wedag International AG (KHD), one of the world’s leading suppliers of equipment and services for the cement industry, generated Group revenue of € 234.6 million in the 2011 financial year. The 18.2% year-on-year reduction is primarily attributable to delayed projects. However, KHD succeeded in maintaining a largely unchanged EBIT margin of 7.5% (previous year: 8.7%). This was mainly due to the completion of a large high-margin order and a one-time effect related to the takeover of a Russian subsidiary. The Group net profit dropped from € 15.8 million to € 13.5 million, which corresponds to earnings per share of € 0.28 (previous year: € 0.47). The Company does not intend to pay a dividend for 2011.

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2012-03-21

KHD Concludes Negotiations on New Bank Guarantee Bonding Facility Totaling € 130,000,000

Cologne, Germany, March 21, 2012 - KHD Humboldt Wedag International AG (KHD), one of the global leaders for providing equipment and services to cement producers, has successfully concluded negotiations on a new bank guarantee bonding facility with a total amount of € 130 million. An existing bank guarantee bonding facility of € 150 million was replaced by this new agreement.

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2012-03-16

All objectives achieved

In December 2011, ZAB Zementanlagenbau GmbH Dessau, a subsidiary of KHD Humboldt Wedag GmbH, carried out a successful performance test of the rotary kiln plant that was recently constructed on a green field in Novotroizk/Russia, at the JUGPK Company.

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All objectives achieved

2012-03-16

Products // Modernization

In December 2011, ZAB Zementanlagenbau GmbH Dessau, a subsidiary of KHD Humboldt Wedag GmbH, carried out a successful performance test of the rotary kiln plant that was recently constructed on a green field in Novotroizk/Russia, at the JUGPK Company.

2012-03-15

KHD wins ‘Most innovative technology for alternative fuels use’

At the 6th Global CemFuels Conference in Aachen, Germany, KHD’s Combustion Chamber won the award for ‘Most innovative technology for alternative fuels use’. The awards were given based on the results of an online survey that prompted hundreds of votes, cast by cement industry professionals from 22 countries around the world. Also awarded at the event was KHD customer Continental Cement, of Hannibal, Missouri, for ‘Outstanding Alternative Fuel Project’.

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2012-02-20

KHD and AVIC Partnership Announce First Joint Project

The AVIC – KHD strategic partnership, launched in 2011, is bringing in new business for both companies. Invecem Cement of Venezuela has awarded the AVIC-KHD team their first, joint EPC project for a new 2,400 tpd (tons per day) line at their existing cement plant in San Sebastián, Venezuela. KHD will supply the key core equipment, engineering, and services for the project. All other equipment, construction, and site services will be provided by AVIC. When completed, the new line will run on clean, natural gas.