- including six of KHD's new COMFLEX Grinding Systems and two KHD PYROFLOOR Coolers -
HONG KONG, March 24 /PRNewswire-FirstCall/ -- KHD Humboldt Wedag International Ltd. (NYSE: KHD) announced today that it has won a contract valued at approximately US$80 million to design, manufacture and install cement production lines at two locations in India for New Delhi-based Dalmia Cement (Bharat) Ltd. Each production line will include a 4,500 tonnes-per-day pyro-processing system and grinding systems. The contract specifies the latest KHD developments in grinding: the COMFLEX(R) System and clinker cooling: the PYROFLOOR(R) cooler.
KHD Humboldt Wedag International Ltd. CEO Jim Busche commented, "This award in the highly competitive Indian market is particularly important to KHD as it is further evidence of the acceptance by the cement production industry of our latest innovative grinding and cooling technologies. We hope to be able to capitalize on this order to enhance our competitive position for similar projects in this developing region."
The six KHD proprietary grinding systems in this contract are three raw-meal grinding circuits and three cement grinding circuits. Each circuit includes the latest KHD COMFLEX(R) grinding system comprised of roller presses, V Separators and high-efficiency SKS separators. The KHD proprietary pyro-processing sections each consist of a double string 6-stage preheater with PYROCLON(R)-R calciner, a PYROTOP(R) compact mixing chamber, a 4.4 meter diameter x 60-meter-long rotary kiln with PYRO-JET(R) burner, and a PYROFLOOR(R) clinker cooler PFC with a hammer-type clinker crusher.
About KHD Humboldt Wedag International Ltd.
KHD Humboldt Wedag International Ltd. (the "Company") owns companies that operate internationally in the industrial plant engineering and equipment supply business, and specializes in the cement, coal and mineral industries. To obtain further information on the Company, please visit our website at http://www.khdhumboldt.com
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's future growth, results of operations, performance and business prospects and opportunities. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain assumptions. These assumptions, which include management's current expectations, estimates and assumptions about certain projects and the markets the Company operates in, the global economic environment, interest rates, exchange rates and the Company's ability to attract and retain customers and to manage its assets and operating costs, may prove to be incorrect.
Contact Information: Allen & Caron Inc
Joseph Allen (investors)
(212) 691-8087
joe@allencaron.com
or
Brian Kennedy (media)
(212) 691-8087
brian@allencaron.com
Rene Randall
KHD Humboldt Wedag International Ltd.
(604) 683-8286
rrandall@bmgmt.com
SOURCE KHD Humboldt Wedag International Ltd.
International News / Press Release source: PR Newswire
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