Source: EQS Group AG

DGAP-News: KHD Humboldt Wedag International AG: KHD signs License Agreement with Weir Minerals for HPGR Technology

DGAP-News: KHD Humboldt Wedag International AG / Key word(s):
Miscellaneous
KHD Humboldt Wedag International AG: KHD signs License Agreement with
Weir Minerals for HPGR Technology

18.04.2013 / 10:03

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KHD signs License Agreement with Weir Minerals for HPGR Technology

Cologne, Germany, April 18, 2013 - For the past three years Weir has acted
as KHD's agent for the marketing of High Pressure Grinding Rolls (HPGRs) in
the minerals sector, operating on a commission only basis. KHD is an
originator of HPGR technology with 2011 and 2012 order intake relating to
minerals HPGRs averaging EUR25m a year. This agreement has been replaced by
an exclusive and perpetual license agreement, giving Weir direct control
over the design, manufacture and distribution of HPGR equipment in minerals
processing applications utilizing KHD's technology, in return for royalty
payments on equipment sales. Several KHD technical staff engaged in
applying HPGRs in minerals processing will be offered employment with Weir.

About the comminution process and HPGR technology 
Comminution is the process through which solid materials are reduced in
size through crushing, grinding and screening before being passed through
further 'mill circuit' processes where copper, iron ore and other minerals
are refined into raw commodities. In minerals processing, different
combinations of crushers and mills can be deployed in the comminution
process circuit, dependent, for example, on ore characteristics such as
rock size, hardness and moisture content, with the total market for
comminution equipment and services estimated to exceed £3bn.
HPGR technology is of increasing importance in the mining industry as an
energy efficient comminution solution. Originally developed for cement
processing, HPGRs, often in combination with secondary cone crushers, are
seeing increasing acceptance in the mining industry as a replacement for
the conventional SAG mill, offering significant benefits in terms of
consumption of energy and consumable parts - as well as superior crushing
performance.

KHD Group
KHD is a global leader for providing equipment and services to cement
producers with over 150 years of experience in the cement industry. Process
engineering and project management are among the core competencies of the
technology-focused group. KHD offers a wide spectrum of products and
services for the cement industry and is a leader in environmentally
friendly and energy-efficient products for the grinding and pyroprocessing
sections of the plants. The holding company KHD Humboldt Wedag
International AG, based in Cologne, Germany, coordinates its
internationally operating subsidiaries. The group employs more than 750
employees worldwide with customer service centers in growing markets like
India, Russia and the Asia Pacific region. Other major customer service
centers include 'Americas' covering both North and South America and EMEA
(Europe, Middle East and Africa), based in Cologne. KHD Humboldt Wedag
International AG (ISIN: DE0006578008, WKN: 657800) is listed on the
Frankfurt stock exchange (General Standard). More information: www.khd.com.

Contact:
KHD Humboldt Wedag International AG
Michael Nielsen
Investor Relations 
Tel.: +49 (0)221 - 6504-1500
E-Mail: michael.nielsen@khd.com
Website: www.khd.com


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Language:    English                                             
Company:     KHD Humboldt Wedag International AG                 
             Colonia-Allee 3                                     
             51067 Köln                                          
             Germany                                             
Phone:       +49 (0)221 6504 1500                                
Fax:         +49 (0)221 6504 1409                                
E-mail:      michael.nielsen@khd.com                             
Internet:    www.khd.com                                         
ISIN:        DE0006578008                                        
WKN:         657800                                              
Listed:      Regulierter Markt in Frankfurt (General Standard);  
             Freiverkehr in Berlin                               
 
 
End of News    DGAP News-Service  
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