Cement News tagged under: HeidelbergCement
HeidelbergCement Ukraine names Von Lingen Deputy General Manager12 February 2013, Published under Cement NewsThe supervisory board of HeidelbergCement Ukraine, based in Dnipropetrovsk region, appointed David von Lingen Deputy General Manager on 8 February 2013. Von Lingen is appointed Deputy General Manager until 8 July 2014. The company supervisory board also decided to dismiss management board members Roman Osada and Pyotr Grigorchuk, and to appoint Marina Muhodinova a board member. Osada and Grigorchuk were on the board for two and four years, respectively; the statement did not mention reason... |
Georgia: HeidelbergCement starts Kaspi plant construction11 February 2013, Published under Cement NewsHeidelbergCement has launched construction of a new cement plant in Kaspi, Shida Kartli region of Georgia. The output of the new factory will be 1Mta and in the future production capacity will be raised to 2.8Mta, the management says. The investment is to expand the exports volume to Turkey, Azerbaijan, Armenia and Russia, the company says. HeidelbergCement launched operation in Georgia in 2006. The company has bought a 73 per cent stake in Georgian Cement and a 75 per cent stake in Saqcem... |
HeidelbergCement advances in Asia and Africa, but does less well in Europe07 February 2013, Published under Cement NewsThe preliminary figures from HeidelbergCement show an 8.7 per cent advance in turnover last year to €14,020m, or by 4.2 per cent on a comparative basis. EBITDA improved by a more modest 6.7 per cent to €2477m and the trading profit advanced by 9.5 per cent to €1613m, or by 5.6 per cent adjusting for currency movements and changes in the scope of consolidation. The number of employees declined by 1.1 per cent to 51,966, as a reduction of around people 1200 in North America and Europe was par... |
HeidelbergCement completes first move in central Indian expansion project17 January 2013, Published under Cement NewsHeidelbergCement India Ltd (HCL) has completed the first step towards raising its capacity in central India by increasing grinding capacity at its Jhansi grinding works in Uttar Pradesh. The plant's capacity has been expanded from 0.8Mta to 2.7Mta, raising HCL’s total cement volumes in the country to 5Mta. “This is the first move towards our expansion plans in central India. We expect cement consumption to grow at a relatively higher rate in this region and we stand committed towards bett... |
Bangladesh: clinker shipment held at port03 January 2013, Published under Cement NewsA clinker shipment from Singapore for Bangladesh's second largest cement producer HeidelbergCement Bangladesh (HCB) has been hindered by litigation for the past month. According to sources from the Chittagong Port Authority (CPA), as well as Bangladesh shipping Industry sources, a foreign flag bulk carrier DD Fidelity has been detained since 6 December 2012 on the order of the High Court of Bangladesh due to a dispute regarding the original bill of landing. The vessel shipped 22,810t o... |
Ghana: Ghacem makes cement donation31 December 2012, Published under Cement NewsThe Ghacem Cement Foundation (GCF) has given 17,500 bags cement to communities in the Northern Sector of Ghana to help boost infrastructural development. The donation, which took place last Friday in Tamale, formed part of the last two distributions by the foundation, this year. The Southern Sector, which comprises the Western, Central, Greater Accra, Eastern and Volta regions, was the first to receive the cement at a ceremony held in July, this year at Cape Coast. Delivering the keynote a... |
Deutsche Bank more positive on European building sector in 201320 December 2012, Published under Cement NewsDeutsche Bank expects cement stocks to be among the front runners in any cyclical recovery in 2013 and recommends "buying" HeidelbergCement, Buzzi Unicem and Lafarge as its top picks within the sector, according to reports by Bloomberg. The bank takes a more positive view on the European building materials sector saying it should benefit from a return to 3.5 per cent global GDP growth while there could well be a growth surprise in the euro area. "Into 2013 we believe the significant lever... |
HeidelbergCement rises on upgrade for debt - report20 December 2012, Published under Cement NewsHeidelbergCement AG jumped the most in more than four months after MainFirst Bank AG analysts predicted the company will regain an investment-grade credit rating next year, according to a report by Bloomberg. HeidelbergCement rose as much as 5.5 per cent to 46.48 euros, the steepest intraday gain since 3 August and the biggest move today on Germany’s benchmark DAX Index. The stock, which was trading up 5.3 percent at 1:15pm in Frankfurt, has jumped 42 perc ent this year, valuing the company... |
HeidelbergCement announces winners International Quarry Life Award17 December 2012, Published under Cement NewsOn 13 December 2012, the awards were presented to the international recipients at a ceremony in Heidelberg. The guest speaker for the event was none other than primate researcher, UN Messenger of Peace and environmental acti vist, Jane Goodall, Dame of the British Empire. She spoke about the current threats to the planet, but also about what she sees as reasons for hope. With the Quarry Life Award, HeidelbergCement has established a competition at international level, with the aim of disco... |
Euroconstruct downgrades European construction forecasts16 December 2012, Published under Cement NewsEuroconstruct has reduced its forecasts for European construction output for both for this year and next, with a slow recovery expected for 2014. The forecasts released at its twice-yearly conference for the 19 countries under its coverage contain significantly reduced estimates compared to those published in June 2012. The research group now expects the volume of European construction output to decline by 4.7 per cent this year, 2.6 percentage points (pp) lower than it predicted six mont... |