KHD Humboldt Wedag International AG

Earnings Release • Sep 30, 2010

News Details

Corporate | 30 September 2010 14:08

KHD Humboldt Wedag International AG: KHD wins two major orders in India totalling EUR 85 million

KHD Humboldt Wedag International AG / Key word(s): Miscellaneous/Change in Forecast

30.09.2010 14:08

• UltraTech Cement Limited chooses KHD equipment for their expansion plans

Cologne, September 30th, 2010 - KHD Group, one of the world's major
suppliers of cement manufacturing equipment, has won major orders from
India-based UltraTech Cement Ltd. for two cement lines, a member of the
Aditya Birla Group, the 8th largest cement producer in the world. As a
consequence of a long-standing and successful relationship between
UltraTech and KHD, the two companies now agreed on new orders for two
projects in India with a volume of EUR 85 million. This order will
contribute to KHD's earnings until commissioning begins in H2 2012. As a
result, KHD Humboldt Wedag International AG lifts its guidance for order
intake from previously EUR 260 - 280 million to now significantly more than
EUR 300 million in 2010.

The two projects contain pyro-processing lines with a nominal capacity of
10.000 tons per day (tpd) each and the connected roller press grinding
circuits for raw material and for cement. In the last two years, KHD has
supplied three 8.000 tpd lines to UltraTech and won orders for roller press
grinding circuits.

According to Jouni Salo, CEO of KHD, the acquisition success confirms the
validity of the strategic shift towards the BRIC-states: 'Today, more than
50% of our order backlog is generated in Russia and India. In this respect,
we benefit greatly from our strong local presence and from the increasing
urbanisation and industrialisation in these regions. Cement is a local
business.' In the view of the management this trend will continue in the
future so that the highest growth potential for KHD is expected to result
from the emerging markets, especially China and India with nearly
double-digit growth rates in the cement market.

KHD is one of the major suppliers of cement manufacturing equipment with a
base in India. With over 300 employees in India, KHD has brought the latest
cement technology to India for over three decades. The company has made a
major contribution towards achieving high technical standards for fuel and
power consumption in Indian cement plants and has earned the respect and
trust of the major local cement producers.

UltraTech Cement Limited is the largest cement company in India with
revenues of more than 3 billion USD. It has operations in five countries
with a total capacity of 52 million tons per year.

Investor Relations Contact:
cometis AG
Ulrich Wiehle
Tel.: +49 (0)611 - 205855-11
Fax: +49 (0)611 - 205855-66
E-Mail: wiehle@cometis.de

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Language: English
Company: KHD Humboldt Wedag International AG
Colonia Allee 3
51067 Köln
Deutschland
Phone: +49 (0)221 6504 1106
Fax: +49 (0)221 6504 1090
E-mail: info@khd.com
Internet: www.khd.com
ISIN: DE0006578008
WKN: 657800
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin

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