KHD and AVIC Partnership Announce First Joint Project

The AVIC – KHD strategic partnership, launched in 2011, is bringing in new business for both companies. Invecem Cement of Venezuela has awarded the AVIC-KHD team their first, joint EPC project for a new 2,400 tpd (tons per day) line at their existing cement plant in San Sebastián, Venezuela. KHD will supply the key core equipment, engineering, and services for the project. All other equipment, construction, and site services will be provided by AVIC. When completed, the new line will run on clean, natural gas.

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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. Mr. Jin was appointed as member of the Supervisory Board on Friday by resolution of the District Court of Cologne replacing Mr. Da Hua, who previously resigned from the Supervisory Board. The previous Chairman, Gerhard Beinhauer, will continue to serve as Vice Chairman of KHD’s Supervisory Board.

KHD adjusts forecasted result

KHD Humboldt Wedag International AG (KHD), Cologne, adjusts the forecast for its adjusted earnings before interest and taxes (EBIT) for the 2018 financial year as part of the updating of the annual planning. Due to cost overruns in project execution, the adjusted EBIT is now expected to be at about the same level as in the previous year.

KHD further solidifies its leading position in the Turkish cement market

For YD Madencilik’s (Üstyapi Insaat Group) new greenfield plant in Düzce, KHD has been selected to provide its state-of-the-art pyro-processing technology.