KHD wins three burner orders from Cementos Argos in Colombia

Cementos Argos has awarded KHD Humboldt Wedag an order for three PYROJET® Burners for coal and gas firing at its plant in Yumbo, Cali, Colombia.

The KHD PYROJET® burner represents the latest in technology advances for KHD burners and will be tailored to Argo’s wet kilns. The design guarantees low NOx gas emissions on two of their direct fired kilns, as well as one of their semi-indirect fired kilns. Manufacturing of the burners and assemblies will be performed in Germany and USA.

Related topics

KHD solidifies revenue and EBIT targets 2012

In the December 31, 2011 financial statements KHD Humboldt Wedag International AG (KHD) noted restrained group revenue expectations for 2012 and that the company would most likely not reach the 2011 EBIT margin level of 7.5 %.

Proposal on Dividend Payment

Today the Management Board and the Supervisory Board decided to propose a dividend payment of € 0.12 per non-par-value share entitled to a dividend, at the Annual General Meeting. The total dividend payout amounts to € 5,936,932.44.

Changes to KHD’s Supervisory Board – Proposed Reduction of Number of Members of the Supervisory Board

The Management Board and the Supervisory Board will propose an amendment to the articles of association (reduction of the number of members of the Supervisory Board from six to three persons and reduction of the remuneration for the members) at the Annual General Meeting, which is intended to be held on July 27, 2012.