Cement News tagged under: Germany

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Personnel change on the Supervisory Board of HeidelbergCement

27 April 2012, Published under Cement News

As of 14 March 2012, Dr.-Ing. Herbert Lütkestratkötter resigned from his position on the Supervisory Board of HeidelbergCement AG for personal reasons. The Nomination Committee of the Supervisory Board of HeidelbergCement is intensively engaged in the selection of a suitable successor. “The Supervisory Board and the Managing Board of HeidelbergCement AG regret the resignation from office by Dr. Lütkestratkötter,” says Fritz-Ju¨rgen Heckmann, Chairman of the Supervisory Board of Heidel...

Dyckerhoff raises net profit 10-fold

27 March 2012, Published under Cement News

The Buzzi Unicem subsidiary Dyckerhoff, which on a turnover 13.2% higher at €1,599.6m in 2011, increased its EBITDA by 33.1% to €291m while the net attributable profit rose more than 10-fold from €6.4m to €65.6m. The net debt at the end of the year dell by 34.2% to €261.7m to give a gearing level of just 15.1%, compared with 23.8% a year earlier. With the completion of major investments, notably in Russia and in the Ukraine, capital investment was more than halved (-52%) to €86.7m, with the ...

HeidelbergCement lifts revenues, raises savings target

16 March 2012, Published under Cement News

German cement major HeidelbergCement has reported a rise in revenues in 2011 driven significantly by its exposure to attractive growth markets, continuing recovery in most group markets and successful implementation of its “FOX 2013” improvement programme. “The year 2011 was a further consistent step towards reaching our strategic goals”, says Dr. Bernd Scheifele, Chairman of the Managing Board of HeidelbergCement. “We increased revenue and results despite the unexpectedly heavy rise in e...

RDF – stored and delivered

14 March 2012, Published under Cement News

When Cementos Molins Industrial of Spain needed a new RDF preparation, storage and transport facility, the cement producer turned to Vecoplan FuelTrack. The German firm put its 15 years of experience to good use in a design that not only allowed for current requirements, but also for future needs as described in this article by Boris Sassenrath, Vecoplan FuelTrack GmbH of Germany together with Ferran Griera and Gonzalo Lopez of Cementos Molins Industrial SA, Spain. Figure 1: bridge cr...

New POLAB Shuttle system for Solnhofen, Germany

05 March 2012, Published under Cement News

The Solnhofer Portland-Zementwerke, Germany, contracted ThyssenKrupp Polysius to install a state-of-the-art laboratory automation system in the existing laboratory rooms.   For the Solnhofen plant laboratory, the solution is POLAB Shuttle, the new laboratory automation generation.   In addition to the mobile robot, the system will include a capsule receiving module, two POLAB APM sample preparation devices, an XRF sample analysis spectrometer, an XRD X-ray diffractometer and an automatic B...

HeidelbergCement ahead in 2011, but margins narrow

09 February 2012, Published under Cement News

The preliminary figures from HeidelbergCement show a 9.7 per cent advance in turnover last year to €12,902m, but the EBITDA was improving at a more modest 3.6 per cent to €2,321m. The trading profit was up by 3.0 per cent to €1,474m, or by 3.2 per cent adjusting for currency movements and changes in the scope of consolidation. Margins declined as the rise in energy costs could not be passed on in their entirety and the contribution from the sale of emission rights dropped from an adjusted €1...

Dyckerhoff advances in Poland, the Ukraine and Russia

07 February 2012, Published under Cement News

Preliminary figures from the Buzzi Unicem subsidiary Dyckerhoff show a 13.2 per cent increase in turnover to €1600m in 2010. Of this, 38 per cent was generated in Germany, 37 per cent in Eastern Europe and Russia, 14 per cent in the Benelux and 11 per cent in the United States. Group cement deliveries rose by 14.9 per cent to 15.91Mt and the ready-mixed concrete volume advanced by 19.2 per cent to 7.89m m³. Aggregates deliveries, on the other hand, were weighed down by reduced volumes in Th...

Germany: stable market growth forecast

01 February 2012, Published under Cement News

Latest forecasts for the German cement industry show that the market is expected to remain stable this year, underpinned by growth in the residential market. Boosted by a continued progress of the overall economy, the German Cement Works Association (VDZ), has said that the relatively high level of cement consumption achieved in 2011 is set to be repeated again this year. After growth in all market segments, domestic cement demand last year reached 28Mt, a 13 per cent YoY  advance (201...

Deutsche Bank maintains “buy” rating on HeidelbergCement

23 January 2012, Published under Cement News

Deutsche Bank has retained its “buy” recommendation on HeidelbergCement and affirmed the EUR42.00 share price target.

Germany: VDZ and BDZ combine operations

18 January 2012, Published under Cement News

The German Cement Works Association (VDZ) and the Federal Association of German Cement Industry (BDZ) are combining operations and merging into the German Cement Works Association. The newly-formed body will represent 23 domestic companies and  about 95 per cent of the German industry with a turnover of approximately EUR2.1bn. "The merger gives us significantly greater clout and reach," said chief executive Dr Martin Schneider, who will lead the new organisation. Overall, the new structur...