Cement News tagged under: Dyckerhoff

RSS feed

Ukraine: Volyn Cement net loss widens

23 February 2015, Published under Cement News

Volyn Cement reported a net loss of UAH456.7m (US$16.3m) for 2014, compared to a loss of UAH46.9m during the year before. The Dyckerhoff subsidiary's assets came in at UAH1.14bn on 1 January 2015, long-term liabilities reached UAH1.17bn and current liabilities totalled UAH155.3m. Total receivables amounted to UAH 46.9m at the end of 2014, according to the report. Volyn Cement operates an integrated cement works in Zdolbuniv, Rivne region.

Dyckerhoff and N+P extend supply agreement

09 January 2015, Published under Cement News

N+P is to extend its cooperation with Dyckerhoff AG by securing a new order for the delivery of high-quality Subcoal® pellets. Subcoal is produced at the Qlyte facility in Delfzijl, The Netherlands. The facility produces about 65,000tpa of Subcoal®, whereby it processes around 100,000t of non-recyclable paper-plastic waste fractions which otherwise would have been sent to landfill or waste incineration. The Subcoal is used to replace lignite dust or bituminous coal at power stations, lime ...

Buzzi Unicem

06 January 2015, Published under Cement News

Buzzi Unicem completed the acquisition of Uralcement from Lafarge on 1 December. The addition of the 1.1Mta wet-process works at Korkinho at a cost of EUR104m gives the Buzzi Unicem subsidiary Dyckerhoff a second works in the Urals.

Buzzi Unicem finalises Uralcement acquisition

02 December 2014, Published under Cement News

Buzzi Unicem, through its wholly-owned subsidiary Dyckerhoff GmbH, has completed the acquisition of a 100 per cent interest in Uralcement, Russia, from Lafarge. Uralcement is located near the town of Korkino, about 40km south of Chelyabinks. The wet-process plant has a capacity of 1.1Mta. The acquisition lifts Buzzi Unicem's production capacity in Russia to approximately 4.5Mta.

S&P confirms Buzzi, Dyckerhoff rating; negative outlook

09 October 2013, Published under Cement News

Buzzi Unicem said today that Standard & Poor’s confirmed the long-term corporate rating (BB+) on Buzzi Unicem and its German subsidiary Dyckerhoff AG and the short-term rating (B) on both groups, thus removing them from the credit watch with negative implications announced on 8 August 2013. The outlook was revised from stable to negative.

Executive management changes at Dyckerhoff, Germany

20 September 2013, Published under Cement News

Following the 100 per cent buy-out of all minority shareholders by Buzzi Unicem SpA and the delisting of shares from the Frankfurt Stock Exchange, Dyckerhoff’s Supervisory Board has now approved to initiate the transformation of the company’s legal form from the present corporation (Aktiengesellschaft, AG) to a future limited liability company (Gesellschaft mit beschränkter Haftung, GmbH). The new legal form will become effective towards the end of March 2014 and will also involve changes in...

Buzzi Unicem completes buy-out of Dyckerhoff shares

28 August 2013, Published under Cement News

Buzzi Unicem said on Tuesday that the squeeze-out of all outstanding ordinary and preferred shares in German-based Dyckerhoff AG still held by minority shareholders was recorded in the Commercial Register in Germany. As a result, as of 27 August 2013, the Italian cement major holds 100 per cent of Dyckerhoff. The payment to the minority shareholders of the cash compensation equal to EUR47.16 per share for a total EUR65.3m is expected to be carried out on 30 August 2013. The stock excha...

S&P puts Buzzi Unicem, Dyckerhoff ratings on credit watch

09 August 2013, Published under Cement News

Standard & Poor's has placed Buzzi Unicem’s rating on credit watch with negative implications, the Italian cement major announced in a statement. Buzzi Unicem's corporate rating is currently at BB+/Stable/B. The rating for Dyckerhoff AG, Buzzi Unicem’s wholly-owned subsidiary, has also been placed on credit watch. S&P said the decision was due to first-half results which were lower than expected in some key market, particularly Italy, Mexico and Eastern Europe. For the first half ...

Dyckerhoff shareholders approve Buzzi offer

16 July 2013, Published under Cement News

The shareholders' meeting of Dyckerhoff AG gave the go-ahead to the squeeze-out launched by parent company Buzzi Unicem SpA on all outstanding ordinary and preferred Dyckerhoff shares still in the hands of minority shareholders. Buzzi Unicem's acquisition of the remaining stock of Dyckerhoff and the following cash payment of EUR47.16 per share ( for a total amount of EUR65.3m) will become effective with the recording of such shareholders' resolution in the Commercial Register in Germany, ...

Buzzi Unicem is advancing in Russia and in the USA

13 May 2013, Published under Cement News

Buzzi Unicem's first-quarter turnover declined by 10.5 per cent to €503.14m and the EBITDA dropped by 51 per cent to €11.75m but advances were seen in Russia and the USA. The loss at the trading level was 29.7 per cent higher at €42.03m. Net financial charges declined by 7.3 per cent to €25.83m to give a seasonal pre-tax loss 7.1 per cent higher at €68.82m. Net debt at the end of March was 9.1 per cent higher at €1227m, giving a gearing level of 50.4 per cent compared with 47.1 per cent a...