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 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 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.
Today the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, appointed Mr. Gerold Keune as Chief Executive Officer (CEO).