KHD signs letter of intent

Cologne, Germany, July 3, 2019 – On June 28, 2019, Humboldt Wedag, Incorporated (HW Inc.), Norcross, Georgia/USA, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, concluded a non-binding letter of intent with a customer in North America. The letter of intent for the engineering, supply of equipment and structural steel as well as advisory services related to erection and commissioning covers a potential order volume of more than EUR 100 million. The customer and HW Inc. intend to enter into negotiations promptly with the aim of concluding a corresponding EP (Engineering and Procurement) contract.