News Archive

2013 (19 entries)

News 2013

2013-12-11

KHD books major contract in Russia

Cologne, Germany, December 11, 2013 – “Volskcement” OJSC Russia (Holcim Group) has placed an order with Zementanlagenbau GmbH Dessau (ZAB), a subsidiary of KHD Humboldt Wedag International AG (KHD), to construct a production line in the Volsk cement factory. The scope of the contract, with an order value of over € 77 million, comprises engineering and the delivery of equipment. The project is scheduled to run until the end of 2016.

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2013-12-05

Management Board and Supervisory Board of KHD Humboldt Wedag International AG recommend acceptance of takeover offer from AVIC International Engineering Holdings Pte. Ltd.

Cologne, Germany, December 5, 2013 – The Management Board and Supervisory Board of KHD Humboldt Wedag International AG, Cologne, Germany, (hereinafter: KHD) published today on the company’s homepage the joint statement concerning the takeover bid of AVIC International Engineering Holdings Pte. Ltd., Europe Project Management Pte. Ltd., Europe Technology Investment Pte. Ltd. and Europe Engineering Holdings Pte. Ltd. The Management Board and Supervisory Board recommend the shareholders of the company to accept the takeover bid at the offer price of EUR 6.45 per share.

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2013-11-08

KHD Wins Bid to Modify Existing Production Line at Holcim’s Hagerstown, MD Plant

KHD Humboldt Wedag International AG’s Americas Customer Service Center based in Atlanta, Humboldt Wedag, Inc, recently signed a contract with Holcim (US) Inc. for engineering, delivery of equipment, and site services to modify the existing production line at its Hagerstown, MD plant. 

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2013-10-25

KHD solidifies its leading position in Turkish Market with the new COMFLEX® order from Batısöke

The BATI ANADOLU GROUP, Batısöke Söke Çimento Sanayi T.A.Ş., awarded KHD Humboldt Wedag a contract for engineering and delivery of equipment to increase its cement grinding capacity at its plant in western Turkey.

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2013-10-16

Participation in Eigenkapitalforum

Cologne, Germany, October 16, 2013 – In light of the voluntary takeover offer from AVIC the management board of KHD Humboldt Wedag International AG has taken the decision not to participate in the “Deutschen Eigenkapitalforum” in November in Frankfurt.

2013-10-11

KHD Humboldt Wedag International AG Ad-hoc Announcement – Voluntary Public Takeover Offer

Cologne, Germany, October 11, 2013 – AVIC International Engineering Holdings Pte. Ltd., Europe Project Management Pte. Ltd., Europe Technology Investment Pte. Ltd. and Europe Engineering Holdings Pte. Ltd. published today in accordance with sec. 10 of the Securities Acquisition and Takeover Act their decision to make a joint voluntary public takeover offer to all KHD Humboldt Wedag International AG shareholders to acquire their no-par value ordinary bearer shares in KHD Humboldt Wedag International AG (ISIN: DE0006578008 / WKN: 657800) against payment of a cash consideration amounting to EUR 6.45 per share. Once it has been received the Management and Supervisory Boards of KHD Humboldt Wedag International AG will evaluate the offer and will publish their opinion in accordance with sec. 27 of the Securities Acquisition and Takeover Act in due time.

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Reference is made to the publication of AVIC International Engineering Holdings Pte. Int. dated October 11, 2013 at 11:30 am CET.
http://www.dgap.de/dgap/News/wpueg/takeover-offer-ltde/?companyID=383114&newsID=773211

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2013-09-23

LIMAK Bati Group selects KHD pyro-process technology for new 3,500 t/d kiln line at Trakya plant, in Turkey

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

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2013-08-20

Change in Financial Calendar – KHD will publish interim report ahead of schedule

  • Q3 Interim Report will be published on November 8th 2013
  • KHD to participate in ‘Eigenkapitalforum’ in Frankfurt

Cologne, Germany, August 20, 2013 – KHD Humboldt Wedag International AG will publish its Q3 2013 interim report earlier than planned. The report, originally planned for November 14, 2013, will now be published on November 8, 2013. The quarterly conference call/webcast, where management comments and discusses Group developments with investors and analysts, will also be moved ahead to the new date. The financial calendar will be adjusted accordingly.

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2013-08-14

KHD maintains profitability despite challenging environment

  • Customers remain hesitant in awarding new orders
  • High order backlog drives increase in revenue
  • Gross profit margin reflects reduced margin quality of order backlog
  • Cost-saving measures take effect
  • Increase of € 0.9 million in earnings before interest and tax as well as improved EBIT margin
  • Equity ratio and liquidity at comfortable levels
  • Confirmation of guidance for 2013 financial year

Cologne, Germany, August 14, 2013 – KHD Humboldt Wedag International AG, one of the world’s leading providers of equipment and services for the cement industry, has increased its revenue in the first half of 2013 compared to the same period in the previous year. The Group attained revenues of € 111.5 million - an 8.8% increase over the previous year. Earnings before interest and tax (EBIT) reached € 3.1 million, an improvement of € 0.9 million compared to H1 2012. EBIT margin also increased to 2.8%.

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2013-06-26

CORRECTION: Annual General Meeting 2013 - KHD Humboldt Wedag International AG

(Corrected taxable dividend figures in the second paragraph)

  • Dividend of EUR 0.09 per share
  • Discharge for Management Board and Supervisory Board

Cologne, June 25th 2013 – Yesterday at KHD Humboldt Wedag International AG’s annual general meeting, shareholders and management intensely discussed the operational business and future direction of the general standard listed company. Many private and institutional investors attended the meeting and were particularly interested in the Company’s future strategy as well as how the Company plans to communicate with the capital markets. 53.26% of the issued share capital was represented at the meeting.

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2013-06-25

Annual General Meeting 2013 - KHD Humboldt Wedag International AG

  • Dividend of EUR 0.09 per share
  • Discharge for Management Board and Supervisory Board

Cologne, June 25th 2013 – Yesterday at KHD Humboldt Wedag International AG’s annual general meeting, shareholders and management intensely discussed the operational business and future direction of the general standard listed company. Many private and institutional investors attended the meeting and were particularly interested in the Company’s future strategy as well as how the Company plans to communicate with the capital markets. 53.26% of the issued share capital was represented at the meeting.

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2013-06-25

New Chairman of KHD Supervisory Board

Cologne, Germany, June 25, 2013 – Today Ms. Eliza Suk Ching Yuen stepped down in her function as Chairperson of the Supervisory Board of KHD Humboldt Wedag International AG, Cologne, with immediate effect. The Supervisory Board elected Mr. Hubert Keusch as new Chairman of the Supervisory Board.

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2013-05-06

KHD appoints new CFO

Cologne, Germany, May 6, 2013 – Mr. Ralph Quellmalz (43) has been appointed Chief Financial Officer and member of the Management Board of KHD Humboldt Wedag International AG.

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2013-04-19

Update – Financial Calendar

Cologne, April 19, 2013 - KHD will hold its annual general meeting on Monday, June 24th, starting at 12 p.m. at the Marriott hotel in Cologne, Germany. We have received a motion from shareholders and the Company is in the process of finalizing its response to this motion. The Company will publish the motion and corresponding response together with the convening notice and agenda for the meeting in due course. The updated financial calendar can be found on our website under http://www.khd.com/landing-page.html.

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2013-04-18

KHD signs License Agreement with Weir Minerals for HPGR Technology

Cologne, Germany, April 18, 2013 – For the past three years Weir has acted as KHD’s agent for the marketing of High Pressure Grinding Rolls (HPGRs) in the minerals sector, operating on a commission only basis. KHD is an originator of HPGR technology with 2011 and 2012 order intake relating to minerals HPGRs averaging €25m a year. This agreement has been replaced by an exclusive and perpetual license agreement, giving Weir direct control over the design, manufacture and distribution of HPGR equipment in minerals processing applications utilizing KHD’s technology, in return for royalty payments on equipment sales. Several KHD technical staff engaged in applying HPGRs in minerals processing will be offered employment with Weir.

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2013-03-26

KHD Humboldt Wedag International AG starts 2013 with increased order backlog but market remains uncertain

Cologne, Germany, March 27, 2013: KHD Humboldt Wedag International AG (KHD),one of the world’s leading providers of equipment and services for the cementindustry, closed the 2012 financial year with a strong increase in order intake andorder backlog and has thus established a good starting position for future growth.Although Group revenue (€ 213.5 million) and EBIT margin (3.0%) fell short of theprevious year’s figures, both came in within announced targets.

2013-01-11

KHD Wins SAP Quality Award 2012

Underlining KHD’s commitment to operational excellence, the company received recognition at SAP’s SAPPHIRE NOW event on November 14, in Madrid, Spain. KHD’s recently completed SAP project, called K1 logistics, received a gold medal in the 2012 SAP Quality Awards. 

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