Köln – February 21, 2011: KHD Humboldt Wedag International AG („KHD“), one of the leading suppliers of industrial plants and services for the global cement industry has successfully completed its planned capital increase.
Humboldt Wedag India Private Ltd. (HW India), New Delhi, India, und Humboldt Wedag GmbH (HWG), Cologne, Germany, two subsidiaries of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, have signed contracts in an amount between € 55 and 60 million for equipment and services for eight slag grinding units.
In connection with a detailed analysis of projects in the execution phase, errors in the measurement of individual projects in the 2014 financial year have been identified. These errors relate to the US subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne.
Today the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, appointed Mr. Johan Cnossen (55) as member of the Company’s Management Board, effective May 1, 2015. Mr. Cnossen will serve as Chief Executive Officer (CEO). Currently Johan Cnossen works as Vice President Middle East Operations at Jacobs Inc.