KHD modernisation projects underway for Heidelberg
KHD’s two modernsation projects for HeidelbergCement’s plant in Lengfurt, Germany, are currently underway. These projects include the modernisation of raw meal grinding unit wit...
Germany
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New Supervisory Board of KHD elected
At yesterday's Annual General Meeting the shareholders of KHD Humboldt Wedag International AG (KHD) passed a resolution to reduce the number of Supervisory Board members to thre...
Heidelberg 125th anniversary of stock exchange listing
Left: Dr. Bernd Scheifele, Chairman of the Managing Board, HeidelbergCement AG right: Hauke Stars, member of the Managing Board, Deutsche Börse AG Source: HeidelbergCement On th...
Germany: VDZ re-elects Hirth as president
The member companies of the German Cement Works Association (VDZ) in Berlin have elected a new board. After a regular, three-year term VDZ President Gerhard Hirth (Schwenk Zemen...
KHD Humboldt Wedag 2013 revenue increases 16.9% YoY
KHD Humboldt Wedag International reported yesterday that it achieved a 16.9 per cent YoY increase in 2013 revenues. Order intakes, however, were significantly below the previous...
Spenner Zement commissions slag cement mill
Spenner Zement has started production of slag cement from its new blastfurnace slag grinding plant at Hüttenheim, Germany. At the end of February, the first truck with blastfurn...
HeidelbergCement issues a Eurobond
HeidelbergCement yesterday priced a Eurobond issue under its EUR10bn EMTN programme with an issuance volume of EUR500m and a maturity date of 12 March 2019. The proceeds of the ...
HeidelbergCement signs new credit facility
HeidelbergCement has signed a new EUR3bn syndicated credit facility with a term of five years to refinance the existing credit facility which would have expired in December 2015...
HeidelbergCement takes over logistics company
HeidelbergCement has increased its participation in the logistics company Kerpen & Kerpen GmbH & Co KG from 30 per cent to 100 per cent, the German cement major said in a statem...
KHD misses 2013 margin guidance, Germany
KHD Humboldt Wedag of German has said it will miss its margin guidance for the 2013 financial year due to “unexpected profit deterioration in the latest cost estimations of a fe...