FLSmidth to acquire German TEUTRINE GmbH
FLSmidth has acquired the privately-owned company TEUTRINE GmbH Industrie-Technik (TEUTRINE), a German company specialised in mobile solutions for repairs, refurbishments and in...
Germany
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New South Sulawesi cement plant planned, Indonesia
A new cement plant is being planed in Barru, South Sulawesi involving an investment of US$400m, according to executive director of the PT Fajar Semen Baru project, James Martin....
HeidelbergCement’s debt reduction focus
HeidelbergCement plans to cut its debt by about 16 per cent to EUR6.5bn to boost its credit rating and share price according to reports in the Frankfurter Allgeemeine Sonntagzie...
Personnel change in the Supervisory Board of HeidelbergCement
Prof. Dr. Marion Weissenberger-Eibl has been appointed as a member of HeidelbergCement's Supervisory Board in the capacity of shareholder representative. She succeeds Dr.-Ing. H...
Eurozone April construction output falls
Construction output in the 17 nations that use the euro dropped 2.7 per cent in April compared to the month before, and five per cent from April 2011, the European Union's offic...
Change in Executive Board of Gebr Pfeiffer SE
Otto Jung is to retire on 20 June 2012 after nearly 40 years with Gebr Pfeiffer SE. Robert Schnatz will take over Mr Jung’s technical responsibilities on the Executive Board. Ot...
Fitch affirms HeidelbergCement at BB+
Fitch Ratings has affirms HeidelbergCement’s Long-term Issuer Default Rating (IDR) at 'BB+' and Short-term IDR at 'B'. The Outlook on the Long-term IDR is Stable. The agency als...
HeidelbergCement hoards liquidity due to financial crisis
HeidelbergCement AG is hoarding liquidity to create a buffer should the Eurozone crisis deepen, its chief executive told the Wall Street Journal Deutschland in an interview. "At...
Haver & Boecker acquires Newtec Bag Palletizing
Haver & Boecker Holding GmbH has taken full control of Newtec Bag Palletizing by acquiring 100 per cent of its shares from the Newtec International Group SA. Newtec Bag Palletiz...
Loesche enters into a close strategic cooperation with A TEC
Loesche GmbH, Germany, has entered into a close cooperation agreement with pyroprocess specialist A TEC Holding GmbH, Austria, in April 2012. Loesche is a market leader in dry-g...