After successful commissioning and handover of the KHD pyro process system at Raipur, India, in December 2015, Shree Cement has again entrusted KHD with another pyro line at their Raipur plant in Eastern India. KHD will supply the following key equipment:
Commissioning for the Raipur Line II is expected in third quarter of 2017.
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 %.
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.
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.