HeidelbergCement: new Managing Board members – new Group areas
HeidelbergCement yesterday announced changes to its Managing Board and the reorganisation of the divisions in line with the long-term oriented succession planning and the propo...
Heidelbergcement
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S&P raises Italcementi outlook to positive
Standard & 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 re...
HeidelbergCement
HeidelbergCement has completed the sale of its German lime business to Lhoist. This involves the Walhala Kalkwerk in Ratisbon and the Kalkwerk Istein near Basle. Together these...
FLSmidth signs service agreement with Heidelberg
FLSmidth has agreed with HeidelbergCement on a one-year service agreement contract to support its cement plant in Kjøpsvik in Norway. The service agreement between HeidelbergC...
CCI clears HeidelbergCement-Italcementi deal
Competition Commission of India (CCI) has approved HeidelbergCement's proposed acquisition of Italcementi SpA. The fair trade regulator said in a tweet said it has approved "ac...
HeidelbergCement strengthens finances for Italcementi deal
HeidelbergCement has strengthened its financing to prepare itself for the acquisition of Italcementi. On 31 August, the cement producer completed the disposal of its lime busin...
HeidelbergCement 'most exposed' as Kazakh tenge falls
After Kazakhstan scrapped the trading band for its currency and moved to a free-floating exchange rate, the Kazakh Tenge dropped 23 per cent today. Among the European Build...
HeidelbergCement BB+ confirmed on Italcementi deal - Fitch
US ratings agency Fitch has confirmed the 'BB+' rating on German cement maker HeidelbergCement (HC), with outlook stable, following the company's announced purchase of Italian ...
HeidelbergCement benefits from strong North American improvement
HeidelbergCement's first-half results show an 11.2 per cent increase in turnover to EUR6470m. EBITDA improved by 22.3 per cent to EUR1052m, while the trading profit advanced by...
HeidelbergCement to acquire Italcementi
Eleven days after the completion of the acquisition of Lafarge by Holcim to form LafargeHolcim, HeidelbergCement has agreed to acquire Italcementi, with a combined cash and sha...