Cement News tagged under: Germany
KHD informed of arbitration award17 February 2016, Published under Cement NewsKHD Humboldt Wedag International said it has been informed of an award from a Portuguese arbitration court, whereby KHD and its subsidiary Humboldt Wedag Inc (USA) are jointly ordered to pay damages to a customer in South America. Humboldt Wedag Inc’s arbitration claim for disbursement of outstanding payments, reimbursement for a called bank guarantee, as well as additional compensation (for damages) was denied. The wording and expect impact of the arbitration award are still to be analyse... |
HeidelbergCement full-year revenue up 7%16 February 2016, Published under Cement NewsHeidelbergCement's preliminary 2015 results show a marked increase in operating income with stable volumes and a seven per cent rise in revenue to EUR13.5bn (US$15.1bn). “ 2015 was by far the best year for HeidelbergCement since the financial crisis”, said Dr Bernd Scheifele, chairman of the Managing Board. “Despite the slowdown of the global economy in the course of the year, we were able to significantly increase our operating income as anticipated. Our strict focus on improving efficien... |
HeidelbergCement to modernise Schelklingen29 January 2016, Published under Cement NewsHeidelbergCement will invest EUR100-150m in its Schelklingen works, Germany, according to Hans Georg Kraut, director of the works. The new kiln will not alter the 4700tpd clinker capacity of the plant, but will significantly reduce emissions and energy consumption. Later this year, the old kiln will be disassembled and a new kiln built in its place. The second old kiln at the site will also be dismantled once the new kiln is commissioned in 2018. In addition, two storage halls for waste t... |
Germany's environmental advances07 January 2016, Published under Cement NewsThe recently-published "Environmental data of the German Cement Industry 2014" highlights efforts made by the German cement industry to make production as resource-efficient as possible and to further reduce emissions. "Particular mention should be made of the fact that the producers are doing a lot to preserve natural resources through the increased use of alternative raw materials and fuels," notes Martin Schneider, general manager of the German Cement Works Association (VDZ). CO2 r... |
Ferus Smit delivers world’s first LNG-powered cement tanker31 December 2015, Published under Cement NewsIn the weeks before Christmas 2015, Ferus Smit delivered her Nb. 423, the first LNG powered cement tanker to her owners. The delivery was preceded by an extensive programme of trials and tests in which the proper working and safety of all systems was verified. Finally on Wednesday, 23 December 2015 MV Greenland left the harbour of Delfzijl, The Netherlands, on her first commercial voyage to Rostock, Germany, where she will receive her first cement load. MV Greenland is a dedicated cement... |
IKN wins contract for pyroline in Germany11 December 2015, Published under Cement NewsIn August 2015, IKN was awarded the contract for the engineering, supply and installation of a complete 4000tpd pyroline – from raw meal feeding to clinker discharge – at HeidelbergCement's Burglengenfeld plant in Germany. Included in the scope of supply are integration engineering, supply and installation of add-on components for the raw meal grinding plant. The upgraded plant will feature state-of-the-art technology in order to comply with the targeted production level and future emission... |
New brand identity for Thyssenkrupp20 November 2015, Published under Cement NewsTo reflect changes within its organisation over recent years, Thyssenkrupp yesterday announced the launch of a unified global brand, reflecting transformation of the Germany-based technology company to a diversified industrial group. “We are a different company today. We have become more diversified and as a result more stable,” says Dr Heinrich Hiesinger, CEO of Thyssenkrupp. Communications chief, Alexander Wilke, adds: “However, we are not yet perceived everywhere as the high-performanc... |
HeidelbergCement 3Q15 revenue rises 3% YoY05 November 2015, Published under Cement NewsHeidelbergCement reported a three per cent rise in group revenue to EUR3.6bn in the first three months of the ‘despite partly adverse market conditions,’ the company said in a statement today. The German cement major said that excluding consolidation and exchange rate effects, revenue decreased by 1.9 per cent. While the effects from changes in the consolidation scope to the amount of EUR23m were negligible, the weakening of the euro against numerous currencies amounting to EUR162m in total... |
HeidelbergCement reduces refinancing needs by further €500m26 October 2015, Published under Cement NewsHeidelbergCement has taken another step to optimise the financing of the Italcementi acquisition. The volume of the bridge financing could be reduced by further EUR500m from EUR3.8bn to EUR3.3bn. The refinancing needs in the bond market declined by EUR500m to around EUR2.5bn, correspondingly. Decisive for the reduction of the financing volume was that some of Italcementi’s creditor banks have agreed to waive their change of control clauses. As a consequence, HeidelbergCement will have acc... |
HeidelbergCement02 September 2015, Published under Cement NewsIndocement is to cease production at three older lines it its Citeureup works in Indonesia. The production lines to be closed are P1, P2 and P6. The new P14, with a cement capacity of 4.4Mta is to come online towards the end of the year. Indocement’s domestic deliveries declined by 8.8 per cent to 8.2Mt during the first six months of the year and its market share came down from 30.5 to 29.1 per cent. HeidelbergCement has interests of 50 per cent in Duna-Drava Cement (Hungary) and of 23.9 ... |