Cologne, Germany, October 16, 2013 – In light of the voluntary takeover offer from AVIC the management board of KHD Humboldt Wedag International AG has taken the decision not to participate in the “Deutschen Eigenkapitalforum” in November in Frankfurt.
KHD Humboldt Wedag Interational AG (KHD), Cologne, was informed of an award from a Portuguese arbitration court. In this award KHD and its subsidiary Humboldt Wedag, Inc. (HW Inc.), Norcross, Georgia, USA, are jointly ordered to pay damages to a customer in South America.
ZAB Zementanlagenbau GmbH Dessau (ZAB), Dessau, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, has signed contracts totaling over € 100 million for equipment and services for a new cement plant with a production capacity of 4,500 tpd clinker.
After updating its annual budget KHD Humboldt Wedag International AG (KHD), Cologne, is adjusting its forecast for the 2015 financial year accordingly.