Cement News tagged under: HeidelbergCement
USA: Lehigh Cement welcomes Energy Star certificates05 January 2016, Published under Cement NewsHeidelbergCement subsidiary Lehigh Hanson has announced that several of its plants have achieved the EPA’s ENERGY STAR ® certification for 2015. Lehigh’s cement plants in Leeds (AL), Union Bridge (MD) and Glen Falls (NY) all performed within the top 25 per cent of cement plants in the USA for energy efficiency, meeting strict energy efficiency performance levels set by the EPA. This is the third-consecutive year the Union Bridge facility has received the certification and the second con... |
Italcementi sells Italgen and BravoSolution to parent21 December 2015, Published under Cement NewsIn connection with the agreement between its parent Italmobiliare and HeidelbergCement announced by Italmobiliare on 28 July 2015, the Italcementi Board of Directors today approved the sale to Italmobiliare of a number of non-core assets.These include Italcementi's current equity investments in renewable energy (Italgen) and in e-procurement (BravoSolution), as well as a property located in central Rome. The consideration for the non-core assets has been determined on the basis of an overall... |
Joule and HeidelbergCement announce partnership15 December 2015, Published under Cement NewsJoule, pioneers in the production of liquid fuels from recycled CO2, and HeidelbergCement have announced a partnership designed to explore application of Joule's technology to mitigate carbon emissions in cement manufacturing. As part of the agreement, emissions (or offtake gas) from various HeidelbergCement factories could provide Joule with the waste CO 2 required to feed its advanced Helioculture platform that effectively recycles CO 2 back into fuel. "We've been focussed on l... |
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... |
Recent orders for Gebr Pfeiffer in Germany10 December 2015, Published under Cement NewsHeidelbergCement has placed orders for two new Gebr Pfeiffer MBS mills to subsitute older mills at the Burglengenfeld works, in Germany. As part of the modernisation of the kiln line, the four MPS vertical roller mills installed at Burglengenfeld works in Germany will be replaced after 40 years of good operation. HeidelbergCement AG opted for two MPS 4250 B roller mills. Each mill is designed to achieve a capacity of 200tph of cement raw material ground to a fineness of 12 per cent R90 µ... |
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... |
USA: Lehigh Hanson announces new president & CEO19 October 2015, Published under Cement NewsLehigh Hanson Inc, part of HeidelbergCement, announced Friday that Jon Morrish will succeed Daniel M Harrington as the company’s President and Chief Executive Officer. Mr Harrington will retire after more than 20 years of service with the company and having held the position of President and CEO since 2010. "Under his leadership, Lehigh Hanson successfully managed through one of the worst economic downturns in recent history and capitalised on the market recovery in the last few years. Har... |
HeidelbergCement: new Managing Board members – new Group areas16 October 2015, Published under Cement NewsHeidelbergCement yesterday announced changes to its Managing Board and the reorganisation of the divisions in line with the long-term oriented succession planning and the proposed acquisition of Italcementi. Within this context, the Managing Board agreements of Daniel Gauthier and Andreas Kern, due to expire on 30 June 2016, will not be extended, HeidelbergCement said in a statement. At the same time, three new members have been appointed to the Managing Board and a new Managing Board fun... |
S&P raises Italcementi outlook to positive09 October 2015, Published under Cement NewsStandard & Poor's (S&P) has raised its outlook on Italcementi and its French subsidiary Ciments Francais to positive from stable. The BB/B ratings are affirmed. The outlook revision follows the completion of the rating's agency's review of HeidelbergCement's plans to purchase Italmobiliare's 45 per cent shareholding in Italcementi for approximately EUR1.67bn, announced in July 2015. S&P believes that the combined group's credit profile will likely be higher than that of Italcementi on a st... |