Cement News tagged under: Germany
Dr Strohmeyer returns to Loesche, Germany15 October 2012, Published under Cement NewsOne year after leaving, Dr. Daniel Strohmeyer has re-joined Loesche GmbH and has taken over the position as Head of Process Technology (PT) at Loesche GmbH starting September 2012. |
Germany alternative fuels usage over 3Mt in 201103 October 2012, Published under Cement NewsThe German cement industry reported stable alternative fuels usage in 2011, but growth in cement production and fuel consumption meant that the absolute tonnage was higher than in the year before, according to recent figures from the German Cement Works Association (VDZ). The alternative fuels share in total fuel use stood at 61 per cent in 2011 and 2010. In 2009, alternative fuels share had stood at 59 per cent and in 2008 at 54 per cent. In absolute terms, the industry used 3.06Mt... |
FLSmidth acquires market-leading technology for unmanned operation03 October 2012, Published under Cement NewsFLSmidth has acquired the market-leading technologies and products related to unmanned operation and process optimisation of stackers/reclaimers and train loading systems from the German company iSAM AG. The technologies and products acquired will enable FLSmidth to offer and supply complete, unmanned integrated bulk handling solutions to mining, stockyard and port facility customers in line with FLSmidth's One Source strategy. Application of unmanned operation will support FLSmidth's cu... |
FLSmidth to acquire German TEUTRINE GmbH04 September 2012, Published under Cement NewsFLSmidth has acquired the privately-owned company TEUTRINE GmbH Industrie-Technik (TEUTRINE), a German company specialised in mobile solutions for repairs, refurbishments and installation services. The parties have agreed not to disclose the value of the transaction. TEUTRINE has 40 years of experience of worldwide site management services, assembly and repair tasks within the cement and minerals industries. The company predominantly carries out maintenance and repair services at site w... |
New South Sulawesi cement plant planned, Indonesia31 August 2012, Published under Cement NewsA new cement plant is being planed in Barru, South Sulawesi involving an investment of US$400m, according to executive director of the PT Fajar Semen Baru project, James Martin. According to Indonesian press reports, the venture will involve participation from two cement companies in German and Taiwan and funding is to be sourced from a local consortium of banks. The cement plant is slated to have a capacity of 3.3Mta and, once operational, will serve eastern Indonesia. |
HeidelbergCement’s debt reduction focus16 July 2012, Published under Cement NewsHeidelbergCement plans to cut its debt by about 16 per cent to EUR6.5bn to boost its credit rating and share price according to reports in the Frankfurter Allgeemeine Sonntagzietung said, citing an interview with CEO Bernd Scheifele said. Debt reduction is the top priority and the time isn’t right for bold acquisitions, Mr Scheifele said. HeidelbergCement has cut debt by EUR7bn to EUR7.7bn in the four years ending 2011, Scheifele added. The company aims to reach EUR6.5bn of debt, but M... |
Personnel change in the Supervisory Board of HeidelbergCement04 July 2012, Published under Cement NewsProf. Dr. Marion Weissenberger-Eibl has been appointed as a member of HeidelbergCement's Supervisory Board in the capacity of shareholder representative. She succeeds Dr.-Ing. Herbert Lutkestratkotter, who had resigned from his position for personal reasons. Her term of appointment will expire on the occasion of the by-election held at the next Annual General Meeting of HeidelbergCement AG on 8 May 2013. “We are pleased that, in Prof. Dr. Marion Weissenberger-Eibl, we have succeeded in at... |
Eurozone April construction output falls21 June 2012, Published under Cement NewsConstruction output in the 17 nations that use the euro dropped 2.7 per cent in April compared to the month before, and five per cent from April 2011, the European Union's official statistics agency Eurostat said Tuesday. Eurostat also lowered its estimate for the growth of construction output in March, to 11.4 per cent from 12.4 per cent. The decline in construction during April was widespread across the currency area, with building work down six per cent in Germany, 2.3 per cent in Spain... |
Change in Executive Board of Gebr Pfeiffer SE20 June 2012, Published under Cement NewsOtto Jung is to retire on 20 June 2012 after nearly 40 years with Gebr Pfeiffer SE. Robert Schnatz will take over Mr Jung’s technical responsibilities on the Executive Board. Otto Jung started his career as a development and project engineer. In 1988 he became head of the projects & sales department and order processing. In 1996 he was appointed to the Executive Board of Gebr. Pfeiffer SE, a position he held for 16 years. During this time, the new MVR mill with MultiDrive® for high capac... |
Fitch affirms HeidelbergCement at BB+12 June 2012, Published under Cement NewsFitch Ratings has affirms HeidelbergCement’s Long-term Issuer Default Rating (IDR) at 'BB+' and Short-term IDR at 'B'. The Outlook on the Long-term IDR is Stable. The agency also affirmed the senior unsecured rating of debt issued by HC's related entities, HeidelbergCement Finance BV, Hanson Ltd and Hanson Australia Funding Ltd. at 'BB+'. “The affirmations reflect HeidelbergCement's careful financial policy and the agency's expectation that credit metrics will remain stable or improve ... |