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On 1 July 2019, the sale of the Testi cement plant and of two grinding plants was completed in Italy. Number of employees decreased At the end of the first half of 2019, the number of employees at HeidelbergCement amounted to about 57,300 (previous year: 59,600).
HeidelbergCement is consistently pursuing its action plan to accelerate the optimisation of its portfolio and is on track to achieve its disposal target of €500 million in the 2019 financial year. On 1 July 2019, the sale of the Testi cement plant and of two grinding plants was completed in Italy.
Dec 09, 2016· Since 2001, the worldwide production of cement has increased threefold. Indonesia is an important producer, and the Indonesian market is dominated by three producers: the state-owned Semen Indonesia with more than 45 percent market share (as of 2013), followed by Indocement, of which the German HeidelbergCement holds a 51 percent majority stake (31 percent market share) and Holcim Indonesia ...
US: Union workers at the Keystone Cement plant in Bath, Pennsylvania have started legal action against the company over its sale to HeidelbergCement. The American Federation of Labor and Congress of Industrial Organizations (AFL–CIO) union says that the company must honour its contracts, according to the Morning Call newspaper.
HeidelbergCement is the leading supplier of building materials in Jakarta. The Group's largest cement production site is located in the metropolitan area. From mid-2016, its capacity will increase to roughly 20 million tonnes of cement per year.
Indonesia. HeidelbergCement has been heavily involved in the planned construction of a controversial cement plant on the Indonesian island of Java through its subsidiary "Indocement". The objective is the exploitation of the Kendeng mountains against the resistance of the people living there.
In 1977, HeidelbergCement, one of the world's leading producers of cement and ready mixed concrete, established a presence in the United States with the acquisition of the Lehigh Cement Company. HeidelbergCement acquired its Canadian operations in 1993 and currently maintains a very strong position in the country with three modern cement plants.
Aug 20, 2018· A $2 billion sale implies a valuation of a little over $130 per ton of cement on the basis of enterprise value to capacity, or broadly how much it costs to set up plants with a similar capacity ...
HeidelbergCement has completed the sale of its Martinsburg, West ia cement plant and eight related terminals to an affiliate of Cementos Argos.. Previously, the Federal Trade Commission had approved the agreement. "With the disposal of the US assets we fulfill the obligation of the FTC [Federal Trade Commission] and improve the net financial position of HeidelbergCement …
As of December 31, 2018, Indocement has five subsidiaries through direct ownership and twelve subsidiaries through indirect ownership involved in several businesses related to the production and sale of cement, ready-mixed concrete (RMC), aggregates, and trass. HeidelbergCement Group has been Indocement's majority shareholder since 2001.
HeidelbergCement has been present in Thailand since the second half of 2016, when it purchased the Italcementi Group. Italcementi is partly shareholder of Jalaprathan Cement (JCC), which was established in 1956 by the Royal Irrigation Department for the construction of Bhumibol dam, the first multipurpose concrete dam in Thailand.
Jul 24, 2019· Bosnia & Herzegovina: Tvornica Cementa Kakanj's sales revenue fell by 9.7% year-on-year to Euro16.4m in the first half of 2019 from Euro18.3m in the same period in 2018. Its net profit dropped by 42% to Euro3m from Euro4.7m. The subsidiary of Germany's HeidelbergCement operates an integrated cement plant at Kakanj.
Financial calendar 2017 Interim Financial Report January to March 2017 10 May 2017 Annual General Meeting 10 May 2017 Half-Year Financial Report January to June 2017 1 August 2017
Slide 3 – 2016 Full Year Results – 16 March 2017 HeidelbergCement continues to grow and deliver 2016: Significant increase in all key financial figures –Cash flow from operations increases by +29% to 1.9b€ –Adjusted EPS increases by +23% to 5.34€ 1 –Proposed dividend increases by +23% to € 1.60 per share2 Italcementi integration ahead of plan: Synergies up to 470 million …
HeidelbergCement said it expects "a growth in sales volumes of cement, aggregates, and ready- made concrete" for the 2017 financial year when it announced its second quarter results. HeidelbergCement's quarterly operating earnings before depreciation and amortisation slipped 1% on a like-for-like basis to $1.14bn (€964m).
Togo: HeidelbergCement is considering investments of up to Euro25m in its local subsidiaries including Cimtogo, Scantogo and Granutogo. Local director general of the company Eric Goulignac outlined the plans, including building and installing a new mill at Cimtogo's cement grinding plant in Lomé and a photvoltaic (PV) solar energy plant, according to the All Africa news agency.
Dec 18, 2019· Cement Export Indonesia. This also implies that Indonesia's cement companies should focus more on the export of cement, which is currently insignificant. Indonesia's cement exports declined heavily between 2007 and 2012 due to rising domestic cement demand (particularly caused by the country's property boom).
Dec 20, 2019· A meeting of commodity traders for fuels for the cement industry would be expected to be wary of this kind of thing. Their job is to minimise the risk of fluctuating fuel prices for their employers after all. Yet, given that the global cement industry produces too much cement, this has implications for the clinker and cement traders too.
Oct 30, 2019· US: Union workers at the Keystone Cement plant in Bath, Pennsylvania have started legal action against the company over its sale to HeidelbergCement. The American Federation of Labor and Congress of Industrial Organizations (AFL–CIO) union says that the company must honour its contracts, according to the Morning Call newspaper.
Building materials group HeidelbergCement says it expects worldwide demand for cement to increase further in 2019. Announcing its Q4 and full-year 2018 results, the group said it particularly expects demand to increase in Indonesia, India, sub-Saharan Africa and North America.
The sale of HeidelbergCement's interest in the Waco and York cement plants in the USA would mean a complete exit from the North American white cement market for the Germany-based multinational. HeidelbergCement is carrying out a global portfolio review and …
HeidelbergCement's North American subsidiary, Lehigh Hanson Inc, has entered into an agreement with Giant Cement to acquire its Keystone cement plant in Bath, Pennsylvania. The 1.1Mta plant supplies the Pennsylvania, New Jersey and New York markets with bulk and bagged products. "With its ...
HeidelbergCement could buy parts of LafargeHolcim's business in Indonesia that is up for sale, says HeidelbergCement CEO, Dr Bernd Scheifele. LafargeHolcim is planning to raise around CHF2bn (US$2.02bn) from selling assets as it reduces its operations, with speculation that its business in Indonesia could be among the candidates for sale, claims Reuters.
HeidelbergCement is the number 1 in aggregates production, number 2 in cement, and number 3 in ready-mixed concrete. We have 740 mining sites, 3,000 plants worldwide, limestone reserves for more than 90 years, and aggregates reserves for more than 60 …