Humboldt Wedag India Private Limited (HW India), New Delhi, India, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, received a Letter of Award from the customer UltraTech Cement Limited. The Letter of Award relates to three new kiln lines, one new raw meal grinding plant with two KHD roller presses, and the upgrade of five existing clinker grinding plants with KHD roller presses.
Today the newly-elected KHD Humboldt Wedag International AG (KHD) Supervisory Board has elected Mr. Gerhard Beinhauer to be the Chairman of the KHD Supervisory Board. Mr. Xiaofeng “Frank” Liu has been re-elected as Vice Chairman.
Today the Chairman of the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, Mr. Hubert Keusch, informed the KHD Management Board that for personal reasons he will not stand for re-election to the Supervisory Board at KHD’s annual general meeting on May 18, 2016. In the case of his election by the annual general meeting, he will not accept the election.
The Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, has appointed Mr. Tao Xing as an additional member of KHD’s Management Board for a term of three years. He will play a crucial role in enhancing and growing KHD’s business in China, Asia-Pacific and the Americas.
Mr. Ralph Quellmalz has decided to step down due to personal reasons as he wishes to pursue new tasks.
KHD Humboldt Wedag International AG (KHD), one of the world’s leading suppliers of equipment and services for the cement industry, achieved positive EBIT (€ 1.1 million) in the 2014 financial year, despite slightly lower revenue.
Daniel Uttelbach (44) has been appointed to the Management Board of KHD Humboldt Wedag International AG (KHD), effective January 1, 2015. As Executive Vice President he will be in charge of Sales & Technology for the Group.
AVIC International Holding Limited (AVIC International), indirect majority shareholder of KHD Humboldt Wedag International AG (KHD), is a listed company on the Hong Kong Stock Exchange. As a consequence of acquiring the majority of KHD shares and in accordance with Chapter 14 of the Hong Kong Stock Exchange listing rules, AVIC International is required to publish an Accountants’ Report of the KHD Group as an appendix to the Circular on major acquisitions.
The earnings position of KHD Humboldt Wedag International AG (KHD), one of the world’s leading providers of equipment and services for the cement industry, continued to be affected by weak market conditions and unsatisfactory margin quality in the order backlog in the first half of 2014.
KHD Humboldt Wedag International AG (KHD ), one of the world’s leading suppliers of equipment and services for the cement industry, achieved revenues of € 249.6 million in the 2013 financial year , a significant increase compared with the previous year. Continued fierce competition and the unsatis factory margin quality in the order backlog had a negative impact . KHD nevertheless recorded a positive EBIT of € 1.2 million.