New Chairman of KHD’s Supervisory Board
At its meeting today the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, has elected Mr. Shaohua Jin as the new Chairman.
News and Reports
Ad-hoc Disclosures
KHD grants € 50 million intercompany loan
HD Humboldt Wedag International AG (KHD) has reached an agreement on granting an additional € 50 million loan to AVIC International Kairong Limited, Hong Kong, as the borrower. This loan will run from November 13, 2017 and will replace a loan that has been granted to AVIC International (HK) Group Ltd., Hong Kong, which will become due for repayment on November 13, 2017.
KHD signs contracts in western Sub-Sahara region
Humboldt Wedag GmbH, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, has signed contracts totaling over € 80 million for the supply of equipment and execution of civil and erection works as well as supervision services for a cement plant in western Sub-Sahara region.
KHD grants € 50 million intercompany loan
KHD Humboldt Wedag International AG (KHD) has entered into a € 50 million loan agreement with AVIC International Kairong Limited, Hong Kong, as the borrower. This loan replaces a loan that has been granted three years ago to AVIC International (HK) Group Ltd., Hong Kong, which is due for repayment on July 22, 2017.
KHD appoints new Chief Executive Officer (CEO)
Today the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, appointed Mr. Gerold Keune as Chief Executive Officer (CEO).
News and Reports
Corporate News
KHD Humboldt Wedag International AG starts 2013 with increased order backlog but market remains uncertain
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.
KHD to upgrade Italcementi’s Rezatto plant in environmentally sensitive region
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.
Results: KHD Annual General Meeting 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.
Eliza Yuen to chair KHD Supervisory Board
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.
KHD Triples Order Intake and Confirms Guidance
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.
News & Reports
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News and Reports
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