Cement News tagged under: Germany
KHD's first-quarter revenue down, order intake increases15 May 2015, Published under Cement NewsKHD Humboldt Wedag reported a 15.4 per cent decline in revenue for 1Q15 to EUR50.7m compared to the first quarter of the previous year, while the order intake increased but was "still not entirely satisfactory," according to the German equipment supplier. Order intake was EUR58.3m for the January-March 2015 period, higher than the level reached in the first quarter of the previous year (EUR25.3m). Several investment decisions were delayed until the second half of 2015 by individual customer... |
Gebr Pfeiffer SE wins Saudi order for cement VRM13 May 2015, Published under Cement NewsChengdu Design & Research Institute of Bldg Materials Industry Co Ltd, headquartered in China, placed an order with Gebr Pfeiffer SE for the supply of an MPS 3070 BC cement mill for Readymix in Saudi Arabia. The mill with an installed drive power of 1100kW will grind 30tph of granulated blastfurnace slag and 46tph of OPC to a fineness of 4000cm²/g and 3600cm²/g, respectively. Delivery of equipment is scheduled for 2015. |
Buzzi improves in the USA & central Europe11 May 2015, Published under Cement NewsBuzzi Unicem's first-quarter turnover increased by 3.4 per cent to EUR513.39m and the EBITDA went from a EUR10.26m to EUR27.15m. The loss at the trading level was reduced by 48.6 per cent to EUR19.24m. Net financial charges increased by 31.3 per cent to EUR43.01m giving a seasonal pre-tax loss 24.5 per cent lower at EUR46.16m. Net debt at the end of March was 6.6 per cent higher at EUR1133.3m, giving a gearing level of 45.1 per cent compared with 45.5 per cent a year earlier. Cement deli... |
Buzzi Unicem returns to a net profit30 March 2015, Published under Cement NewsOn a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m in 2014, while at the headline level there was a 4.8 per cent advance to EUR422.7m. Following a 23 per cent reduction in impairment charges, depreciation and amortisation, the trading profit (EBIT) more than doubled from EUR86.5m to EUR178.7m. After a net interest charge 52.1 per cent lower at EUR53.1m, the pre-tax profit jumped from just EUR16.0m to EUR175.6m. A... |
KHD closes 2014 with EBIT advance20 March 2015, Published under Cement NewsKHD Humboldt Wedag International AG (KHD) reported EBIT of EUR 1.1m in the 2014 financial year, despite slightly lower revenue. The German equipment manufacture yesterday said its order intake for the year fell to EUR101.3m due to the “continued slow investment in the cement industry and the corresponding delays in awarding new orders.” The drop in revenue of 3.8 per cent to EUR240.2m is connected with the lower order backlog at the beginning of 2014. However, its Parts & Services business... |
HeidelbergCement ‘confident’ on 2015 outlook19 March 2015, Published under Cement NewsHeidelbergCement’s 2014 consolidated financial results show increases in revenue and operating income, and significant increases are expected for the year in hand. The group's turnover increased by four per cent last year to EUR12,614m, or by 8.4 per cent on a comparative basis, and the EBITDA improved by a 2.9 per cent to EUR2288m and the trading profit advanced by five per cent to EUR1595m, or by 12.9 per cent adjusting for currency movements and changes in the scope of consolidation. Af... |
Germany: 2014 cement edges ahead11 March 2015, Published under Cement NewsCement consumption in Germany rose by 2.2 per cent YoY in 2014 to 27.1Mt, according to data German Cement Works Association (VDZ), which also predicts further growth in 2015. "Significant catch-up effects from 2013 and mild weather really bolstered cement consumption, particularly in the first quarter of 2014," said Gerhard Hirth, President of VDZ. However, the generally reserved economic climate had a dampening effect on construction investment over the rest of the year. "We experienced co... |
Deuna Zement signs agreement on Duen quarry24 February 2015, Published under Cement NewsContrary to the original plans, Germany-based producer Deuna Zement will now not quarry limestone from the 100m-wide strip of woods in Duen. This compromise and further concessions were laid down in a comprehensive seven-point agreement between Deuna Zement GmbH and Duenwald town authorities. In addition, the open-pit operator has agreed to establish a modern, gentler blasting methods to relieve the pressure for the inhabitants of nearby Zaunröden. In addition, blasting will be more closel... |
KHD appoints new CEO16 February 2015, Published under Cement NewsThe Supervisory Board of KHD Humboldt Wedag International AG (KHD) has appointed Johan Cnossen as a member of the Management Board, effective 1 May 2015. Mr Cnossen will serve as KHD chief executive officer, following the resignation of incumbent CEO, Jouni Salo, due to "personal reasons" , the German equipment manufacturer said in a statement on Friday. Mr Cnossen is currently Vice President of Middle East Operations at Jacobs Inc. “As an experienced leader with a proven track record in th... |
HeidelbergCement update on Managing Board structure11 February 2015, Published under Cement NewsThe Supervisory Board of HeidelbergCement AG has decided to amend the structure of the Managing Board with the position of a deputy chairman. Effective 1 February 2015, Dr Dominik von Achten, member of the Managing Board in charge of the North America Group area, Group Purchasing and the Competence Center Materials, has been appointed deputy chairman of the Managing Board. Also on 1 February 2015 the extension of the Managing Board agreement of Dr Bernd Scheifele, Chairman of the Managin... |