Cement News tagged under: KHD Humboldt Wedag
Guinée Industries Ciments selects KHD’s COMFLEX technology27 March 2017, Published under Cement NewsGuinée Industries Ciments (GIC) awarded KHD Humboldt Wedag a new contract to upgrade its cement grinding plant located in the capital city Conakry, Guinea. GIC will integrate a COMFLEX® system into their existing ball mills. The system will mark the third COMFLEX system with roller press technology in West Africa. With the latest COMFLEX system, GIC will increase the capacity of its cement grinding line by more than 100 per cent and save over 20 per cent in operational energy costs per tonn... |
New KHD Humboldt Wedag CEO appointed19 October 2016, Published under Cement NewsThe Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, has appointed Mr Gerold Keune as chief executive officer (CEO). Mr Keune previously served on the board of managing directors for Gebr Pfeiffer. |
India: Shree Cement orders three kiln lines from KHD09 September 2016, Published under Cement NewsShree Cement has awarded KHD three more kiln lines to install, each with a capacity of 6000tpd, the first being a second line at Shree’s Raipur plant. This new line will be built in Karnataka using a three-string preheater, six-stage preheater and wil include a three-pier rotary kiln (5.4/5.m x 75m), plus a Pyrojet ® burner and Pyrostep ® clinker cooler. Shree Cement has already implemented 11 KHD high-efficiency kiln lines and several grinding stations, including 10 KHD roller presses.... |
Germany: KHD suffers 1H16 revenue fall by 25.5%16 August 2016, Published under Cement NewsKHD's 1H16 revenue amounted to EUR66.6m, considerably lower than the figure for the previous year (EUR89.4m). Reasons for the decrease of 25.5 per cent are the relatively low order backlog at the beginning of the year, delays in project execution, reductions in order value and order intake that did not materialise in the 1H16. The gross profit for the first half-year was EUR-2.1m (previous year: EUR-10.5m). Cost of sales include EUR3.8m of idle capacity costs due to under-utilisation of ex... |
Negative order intake of EUR1.1m for KHD in 1Q1613 May 2016, Published under Cement NewsOrder intake in the first quarter of 2016 was negative at EUR-1.1m. This is due to the low level of new business (EUR12.8m), order cancellations and reductions (EUR-9.1m) the company stated as well as the effects of currency exchange rates on the order backlog. Some markets, where KHD is well-positioned will see continued growth. This includes in particular India, where cement demand is expected to grow by 6.8 per cent per annum through 2020. Pricing for the projects that will be awarded... |
KHD order intake delay will affect 1H16 forecast05 May 2016, Published under Cement NewsAfter updating its annual budget, KHD Humboldt Wedag International AG (KHD) is adjusting its forecast for the 2016 financial year accordingly. The awarding of several significant projects, which were expected to be order intake in the first months of the FY16, has been postponed. As a result, these projects are now planned as order intake in the 2H16 in the updated forecast. Combined with challenges in the execution of individual large projects this has a substantial impact on the antic... |
KHD chief executive officer resigns11 March 2016, Published under Cement NewsThe Supervisory Board of KHD Humboldt Wedag International AG (KHD) today informed the KHD Management Board about the resignation of Johan Cnossen as CEO and member of the Management Board with immediate effect. Mr Cnossen has decided to step down for personal reasons. His responsibilities will be taken over for an interim period by the other Management Board members, KHD said in a statement. |
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... |
KHD Humboldt Wedag nine-month performance17 November 2015, Published under Cement NewsKHD Humboldt Wedag reported a 26.2 per cent decline in consolidated revenue for the first nine months of the year to EUR125.4m, primarily due to the low order backlog at the beginning of the financial year, the company said in its 3Q15 interim report released last week. Significant contributions to revenue in this nine-month reporting period came primarily from projects in Russia and North America. Due to unexpected challenges and the related cost overruns in the execution of some large pr... |
KHD wins new order from OYAK Aslan Cimento, Turkey05 October 2015, Published under Cement NewsOYAK Aslan Cimento Sanayii TAS, awarded KHD Humboldt Wedag a contract for engineering and delivery of equipment to upgrade its cement grinding line. OYAK’s seventh KHD roller press will be installed at its plant in Darica-Kocaeli, Turkey. The contract to install a new COMFLEX® grinding system will increase the capacity of cement grinding Unit #1 by more than 100 per cent and save approximately 20 per cent energy, KHD said in a statement. KHD’s scope includes the engineering and delivery of... |