As already reported in the media, KHD partner AVIC has signed an agreement with Sonmez Holding for a new project in Adana, Turkey. KHD is the preferred partner for pyro-processing equipment, which , when ordered, will have a value in the single digit millions (EUR).
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 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.
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.