Cement News tagged under: Germany
HeidelbergCement rises on upgrade for debt - report20 December 2012, Published under Cement NewsHeidelbergCement AG jumped the most in more than four months after MainFirst Bank AG analysts predicted the company will regain an investment-grade credit rating next year, according to a report by Bloomberg. HeidelbergCement rose as much as 5.5 per cent to 46.48 euros, the steepest intraday gain since 3 August and the biggest move today on Germany’s benchmark DAX Index. The stock, which was trading up 5.3 percent at 1:15pm in Frankfurt, has jumped 42 perc ent this year, valuing the company... |
Euroconstruct downgrades European construction forecasts16 December 2012, Published under Cement NewsEuroconstruct has reduced its forecasts for European construction output for both for this year and next, with a slow recovery expected for 2014. The forecasts released at its twice-yearly conference for the 19 countries under its coverage contain significantly reduced estimates compared to those published in June 2012. The research group now expects the volume of European construction output to decline by 4.7 per cent this year, 2.6 percentage points (pp) lower than it predicted six mont... |
New laboratory automation system for Wotan Zement, Germany29 November 2012, Published under Cement NewsFor the quality monitoring and control of their cement products, Portlandzementwerk Wotan decided to install a new laboratory automation system from ThyssenKrupp Polysius. As from spring 2013, the POLAB ACT will replace the existing POLAB system which has been in service at the company's Üxheim plant since 1993. In addition, a pneumatic tube dispatch station for cement is being installed at the plant. |
Buzzi Unicem to lift stake in Dyckerhoff to 96.6%27 November 2012, Published under Cement NewsGerman cement producer Dyckerhoff AG said its parent company Buzzi Unicem SpA had agreed to buy additional ordinary and preferred shares in it, raising its total share capital in the firm by 3.6 per cent to 96.6 per cent. Dyckerhoff did not reveal the value of the transaction but specified that during the current year and including the most recent agreement Buzzi Unicem had bought shares in it for some EUR71.7m. As a shareholder of at least 95 per cent of Dyckerhoff, Buzzi Unicem is ent... |
Schwenk invests EUR20m in grinding unit23 November 2012, Published under Cement NewsGermany’s Schwenk Zement will invest EUR20m in a new grinding plant, which is slated to work more efficiently, with lower energy requirement and reduced noise levels. Part of the equipment at the Allmending works is 30-40 years old, said works manager Jürgen Thormann, including a tube ball mill. As a result, the company will invest in a new unit – a roller mill. It is expected that work on the foundations will start this year, with the new mill entering operation in 2014. |
Loesche mill increases lignite dust production by 0.5Mta22 November 2012, Published under Cement NewsGermany’s Loesche GmbH commissioned the new coal mill, type LM 28.3D at RWE Power AG’s Ville/Berrenrath plant. The new vertical roller mill will cover the increasing demand for lignite dust. Loesche not only delivered the technology and complete process equipment but also prepared the complete mill building as the general contractor. The new mill is expected to increase the production of pulverised lignite dust by 0.5Mta. |
HeidelbergCement increases revenue and operating income08 November 2012, Published under Cement NewsGerman cement major HeidelbergCement has reported increases revenue and operating income in for the third quarter 2012 driven by cost savings and price increases and announced significant reduction in net debt. Group revenue in the 3Q12 rose by 8.9 per cent to €3944m, driven by increasing prices, and a favourable development of exchange rates. Positive exchange rate effects supported the development of revenue particularly in North America, Asia-Pacific, as well as Western and Northern Eu... |
RHI increases earnings again in the third quarter of 201208 November 2012, Published under Cement NewsRevenues of refractories specialist RHI Group increased by 7% in the third quarter of 2012 in comparison to the same quarter of 2011 and amounted to €459.9m. While revenues in the Steel Division dropped by 3.7% in a market environment still characterized by uncertainty, the Industrial Division recorded growth of 25.8% as some major projects were delivered. The operating result of the third quarter was up 28.3% on the comparable period of 2011 and amounted to €50.3m, thus again exceeding th... |
Dyckerhoff reports stable nine month volumes06 November 2012, Published under Cement NewsDyckerhoff reported stable volumes for the first nine months of 2012 as the recovery in Russia and USA almost counterbalanced declines in the other regions. Sales increases in the Eastern Europe and USA divisions also offset decrease in the Germany/Western Europe division. Germany and Western Europe fell seven per cent to EUR588m from EUR633m. Sales in Eastern Europe rose by seven per cent to EUR487m from EUR456m. Sales in the US were up 24 per cent to EUR160m from EUR129m. Group EBITDA ... |
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. |