Displaying items by tag: Germany

Germany: HeidelbergCement has launched the Quarry Life Award, a competition for proposed biodiversity-supporting quarry restoration projects. The company says that it is looking for projects which consider quarries’ impacts throughout their entire lifecycle. It is offering a Euro30,000 prize for the winning proposal.

Chief executive officer Dominik von Achten said, “The time for action is now - The World Economic Forum 2021 Global Risk Report has put biodiversity loss among the five most concerning global risks, both in terms of likelihood and impact. With the competition, HeidelbergCement wants to contribute to the global restoration agenda and work towards a net positive in biodiversity. Our sites can provide valuable habitats for a variety of animal and plant species during and after extraction.”

Lithuania: Germany-based Schwenk Zement has sought to increase its stake in 50% subsidiary Akmenes Cement to 97%. The company is also seeking the acquisition of a 75% stake in limestone supplier Kalcitas. The producer took over Mexico-based Cemex’s stake in Akmenes Cement in 2019.

Germany: ThyssenKrupp Industrial Solutions has launched GooVi, a digitised vibrating screen with an ‘intelligent’ control system. The supplier says that the screen offers increased efficiency, reduced weight and height. It combines the control system with a new patented drive technology. The product’s name plays on the title of the Beach Boys’ 1967 hit song Good Vibrations.

Head of product line screens and feeders Achim Schönfelder said, “With the GooVi, all vibration modes (circular, linear and elliptical) can be realised in one machine, allowing flexible adaptation to changing job requirements and material properties. In addition, the low height of the GooVi facilitates simple installation in existing plants.”

Germany: HeidelbergCement’s consolidated net sales rose by 1% year-on-year to Euro3.96bn in the first quarter of 2021. Its result from current operations before depreciation and amortisation (RCOBD) rose by 33% to Euro538m from Euro405m in the same period in 2020. Group cement and clinker sales volumes rose by 2% to 28.4Mt from 27.7Mt. Cement volumes rose by 11% in Western and Southern Europe to 6.8Mt from 6.1Mt, by 5% in Asia-Pacific to 8.8Mt from 8.4Mt and by 1% in Africa-Eastern Mediterranean Basin to 5.2Mt. Volumes fell by 5% in North America and by 4% in Northern and Eastern Europe-Central Asia to 3.1Mt and 4.4Mt respectively.

Dominik von Achten said, “HeidelbergCement has made an excellent start to 2021. In all group areas, we have once again been able to significantly increase our results and margins compared with an already strong first quarter in 2020. This is a seamless continuation of our very good development in recent quarters.”

India: Gallantt Industry has ordered a Ready2Grind compact grinding plant from Germany-based Gebr. Pfeiffer for its Gorakhpur cement plant in Uttar Pradesh. The supplier says that the 65t/hr-capacity plant will grind cement to a Blaine fineness of 3750cm²/g. The planned MVR 2500 C-4 represents the medium size of the portfolio of the supplier’s modular mill range. Due to the planned installation in the vicinity of a steelworks, blast furnace slag, steelworks slag from an induction furnace and fly ash from an in-house power plant will also be considered as supplementary cementitious materials addition to clinker and gypsum. The mill will be equipped with a 1270kW main drive and an integrated SLS 2650 VC high-performance classifier.

Greece: HeidelbergCement subsidiary Halyps Building Materials has agreed to sell its aggregates business and two ready-mix concrete plants to Heracles Group, part of Switzerland-based LafargeHolcim. Heracles Group said that the acquisition would enable it to better serve the growing Athens metropolitan area and key infrastructure projects regionally. The value of the deal is undisclosed.

LafargeHolcim’s Europe, Middle East and Africa regional head Miljan Gutovic said, “I am excited about the opportunities and growth prospects of this acquisition in the Attica region of central Greece. It will provide additional support towards our net zero ambition with our leading range of sustainable building solutions such as EcoPact green concrete.” Heracles Group launched EcoPact on the Greek market in April 2021. In the first four months of 2021, LafargeHolcim completed four other bolt-on acquisitions.

HeidelbergCement remains active in the market through its subsidiary Halyps Cement. The company operates the 0.7Mt/yr Apropyrgos cement plant in Athens. Chief executive officer Dominik von Achten said, "We are pleased that the transaction has been successfully signed.” He added that the realignment is the next step in the group’s portfolio optimisation as part of its Beyond 2020 strategy. In January 2021, its subsidiary Suez Cement departed from the Kuwait cement market with the sale of its majority stake in Hilal Cement.

Germany: Schenck Process Group has appointed Ulrich Spiesshofer as the chairman of its advisory board with effect from 1 May 2021.

Spiesshofer recently served as chief executive of the group from 2013 to 2019 and has been a member of the executive committee of ABB since 2005. He currently serves on the board of directors of Infineon, Munich, serves as senior advisor to Blackstone and is assuming the chairman role at Sabre Industries, based in Texas, US. Prior to ABB, Spiesshofer was Senior Partner and Global Head of Operations for Roland Berger and served AT Kearney in Europe, Australia, Asia and the US for 11 years most recently as partner and managing director of their Swiss operations. He holds a PhD in Economics and a master’s degree in Business Administration and Engineering from the University of Stuttgart, Germany.

Germany: Flender has appointed Peter Waller as its chief financial officer (CFO) with effect from 1 May 2021. He will succeed Ulrich Stock in the post who has decided to retire from the post by mutual agreement. Waller holds international and capital market experience. He was most recently CFO of Swissport International and for CEVA Logistics. Stock, has been employed in various functions in the Siemens Group worldwide since 1991 and joined Flender as CFO in October 2012. He will continue to advise the company.

Pakistan: House of Habib subsidiary Thal Limited has invested US$11.0m to establish a polypropylene woven bag plant in Hub, Balochistan. Germany-based Windmoller & Holscher will supply the plant. The Business Recorder newspaper has reported that it will have a capacity of 90m bags/yr.

Chief executive officer Syed Umair Ahmed said "Thal Limited also has a paper production capacity of 250m bags/yr and with a polypropylene woven bag production capacity of 90m bags/yr we will be able to cater to not only the local market but also grow our export business."

Germany: Messe München has announced the postponement of the Bauma 2022 trade fair to 24 – 30 October 2022. The previously scheduled date for the event had been 4 – 10 April 2022. The organiser said it recognised growing uncertainties about the April date in light of the on-going Covid-19 outbreak. The new dates are at a time when it is confident of the possibility of international travel.

Chair and chief executive officer Klaus Dittrich said, “The decision to postpone Bauma was not an easy one for us, of course. But we had to make it now, before the exhibitors start planning their participation in the trade show and make corresponding investments. Unfortunately, despite the vaccination campaign that has been launched around the world, it is not yet possible to predict when the pandemic will be largely under control and unlimited worldwide travel will be possible again. This makes participation difficult to plan and calculate for both exhibitors and visitors. Under these circumstances, we would not have been able to fulfil our central promise that Bauma, the world's leading trade fair, represents the entire spectrum of the industry and generate international reach like no other comparable event. After all, Bauma’s last edition welcomed participants from over 200 countries around the world. Hence, the decision is consistent and logical.”