Cement News tagged under: Germany
HeidelbergCement increases revenue and operating income08 November 2012, Published under Cement NewsGerman cement major HeidelbergCement has reported increases revenue and operating income in for the third quarter 2012 driven by cost savings and price increases and announced significant reduction in net debt. Group revenue in the 3Q12 rose by 8.9 per cent to €3944m, driven by increasing prices, and a favourable development of exchange rates. Positive exchange rate effects supported the development of revenue particularly in North America, Asia-Pacific, as well as Western and Northern Eu... |
RHI increases earnings again in the third quarter of 201208 November 2012, Published under Cement NewsRevenues of refractories specialist RHI Group increased by 7% in the third quarter of 2012 in comparison to the same quarter of 2011 and amounted to €459.9m. While revenues in the Steel Division dropped by 3.7% in a market environment still characterized by uncertainty, the Industrial Division recorded growth of 25.8% as some major projects were delivered. The operating result of the third quarter was up 28.3% on the comparable period of 2011 and amounted to €50.3m, thus again exceeding th... |
Dyckerhoff reports stable nine month volumes06 November 2012, Published under Cement NewsDyckerhoff reported stable volumes for the first nine months of 2012 as the recovery in Russia and USA almost counterbalanced declines in the other regions. Sales increases in the Eastern Europe and USA divisions also offset decrease in the Germany/Western Europe division. Germany and Western Europe fell seven per cent to EUR588m from EUR633m. Sales in Eastern Europe rose by seven per cent to EUR487m from EUR456m. Sales in the US were up 24 per cent to EUR160m from EUR129m. Group EBITDA ... |
Dr Strohmeyer returns to Loesche, Germany15 October 2012, Published under Cement NewsOne year after leaving, Dr. Daniel Strohmeyer has re-joined Loesche GmbH and has taken over the position as Head of Process Technology (PT) at Loesche GmbH starting September 2012. |
Germany alternative fuels usage over 3Mt in 201103 October 2012, Published under Cement NewsThe German cement industry reported stable alternative fuels usage in 2011, but growth in cement production and fuel consumption meant that the absolute tonnage was higher than in the year before, according to recent figures from the German Cement Works Association (VDZ). The alternative fuels share in total fuel use stood at 61 per cent in 2011 and 2010. In 2009, alternative fuels share had stood at 59 per cent and in 2008 at 54 per cent. In absolute terms, the industry used 3.06Mt... |
FLSmidth acquires market-leading technology for unmanned operation03 October 2012, Published under Cement NewsFLSmidth has acquired the market-leading technologies and products related to unmanned operation and process optimisation of stackers/reclaimers and train loading systems from the German company iSAM AG. The technologies and products acquired will enable FLSmidth to offer and supply complete, unmanned integrated bulk handling solutions to mining, stockyard and port facility customers in line with FLSmidth's One Source strategy. Application of unmanned operation will support FLSmidth's cu... |
FLSmidth to acquire German TEUTRINE GmbH04 September 2012, Published under Cement NewsFLSmidth has acquired the privately-owned company TEUTRINE GmbH Industrie-Technik (TEUTRINE), a German company specialised in mobile solutions for repairs, refurbishments and installation services. The parties have agreed not to disclose the value of the transaction. TEUTRINE has 40 years of experience of worldwide site management services, assembly and repair tasks within the cement and minerals industries. The company predominantly carries out maintenance and repair services at site w... |
New South Sulawesi cement plant planned, Indonesia31 August 2012, Published under Cement NewsA 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. According to Indonesian press reports, the venture will involve participation from two cement companies in German and Taiwan and funding is to be sourced from a local consortium of banks. The cement plant is slated to have a capacity of 3.3Mta and, once operational, will serve eastern Indonesia. |
HeidelbergCement’s debt reduction focus16 July 2012, Published under Cement NewsHeidelbergCement 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 Sonntagzietung said, citing an interview with CEO Bernd Scheifele said. Debt reduction is the top priority and the time isn’t right for bold acquisitions, Mr Scheifele said. HeidelbergCement has cut debt by EUR7bn to EUR7.7bn in the four years ending 2011, Scheifele added. The company aims to reach EUR6.5bn of debt, but M... |
Personnel change in the Supervisory Board of HeidelbergCement04 July 2012, Published under Cement NewsProf. 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. Herbert Lutkestratkotter, who had resigned from his position for personal reasons. Her term of appointment will expire on the occasion of the by-election held at the next Annual General Meeting of HeidelbergCement AG on 8 May 2013. “We are pleased that, in Prof. Dr. Marion Weissenberger-Eibl, we have succeeded in at... |