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.
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.
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.