HeidelbergCement merges HC Trading and Interbulk Trading

HeidelbergCement merges HC Trading and Interbulk Trading
23 November 2016

Following the acquisition of Italcementi by HeidelbergCement Group, HC Trading and Interbulk Trading have merged their operations into a new company with a total turnover of round US$1.4bn (based on 2015 trade volumes).

The merger of HC Trading and Interbulk Trading under the entity of HC Trading BV will carry the group’s international trading activities, specialising in cement, clinker, coal and petcoke, one step further by expanding the trade network and improving its position in the market to provide better services and more flexibility to its customers and suppliers around the world, said the company in a statement.

“We trust that by having an enlarged geographic reach as well as an expanded product portfolio, we will be able to further enhance our efficiency to better serve the market and our business partners” said
Emir Adiguzel, the CEO of Heidelberg Cement Trading. “One of our immediate goals is to utilise idle capacity in plants that formerly belonged to the Italcementi Group in order to match the needs of our import facilities located in Africa, North America and South East Asia, thereby creating synergies and consequently adding more value to the Heidelberg Cement Group.“

HC Trading has gross sales of over EUR1.1bn and a trading volume of 21.7Mta of clinker, cement, slag, coal and petcoke from 134 load ports to 175 destinations worldwide.

Published under Cement News