Share on Facebook Share on Twitter Email
Answers.com

HeidelbergCement

 
Hoover's Profile: HeidelbergCement AG
(German:HEI)
Contact Information
HeidelbergCement AG
Berliner Strasse 6
69120 Heidelberg, Germany
Tel. +49-6221-481-0
Fax +49-6221-481-554

Type: Public
On the web: http://www.heidelbergcement.com
Employees: 67,916
Employee growth: 47.8%

HeidelbergCement believes in concrete results. The company is one of the world's leading producers of cement and clinker (about 80 million tons annually), and concrete; it is the largest cement producer in Germany. Cement, concrete, and aggregates together account for more than 90% of the company's sales. HeidelbergCement also has group services which manage fossil fuels and electricity for its operations and trade internationally in cement and clinker (an intermediate product used to make portland cement). To help finance its 2007 acquisition of British building products giant Hanson, HeidelbergCement sold building materials subsidiary Maxit to Saint-Gobain.

Key numbers for fiscal year ending December, 2008:
Sales: $20,134.8M
One year growth: 26.6%
Net income: $2,705.9M
Income growth: (13.2%)

Officers:
Chairman of the Supervisory Board: Fritz-Jürgen Heckmann
Chairman of the Managing Board: Bernd Scheifele
Member of the Managing Board, Finance, Group Accounting, Controlling, Taxes, Insurance and Corporate Risk Management, IT, Shared Service Center, and Logistics: Lorenz Näger

Competitors:
CEMEX
Holcim
Lafarge

Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
Wikipedia: HeidelbergCement
Top
HeidelbergCement
Type Public
Founded 1874
Headquarters Heidelberg, Germany
Key people Bernd Scheifele (CEO)
Industry cement, aggregates, concrete
Revenue Green Arrow Up.svg € 15 billion (2007)
Employees 65,000 (2008)
Website www.heidelbergcement.com

HeidelbergCement (FWB: HEIG) is a German cement and building materials company. It is currently (as of 2007) the world's fourth largest cement producer and the market leader in aggregates. In 2006 the company produced around 80 million tonnes of cement. The company employs some 65,000 people at 2,700 locations in 50 countries with an annual turnover of approximately EUR 15 billion.

Contents

History

HeidelbergCement factories around the world

The company was founded on 5 June 1874 by Johann Philipp Schifferdecker, at Heidelberg, Baden-Württemberg, Germany. It was making 80,000 tonnes per annum of Portland cement in 1896. Numerous other small companies were taken over from 1914 onwards, and by 1936 it was making one million tonnes per annum. Activities abroad began with the acquisition of part of Vicat Cement, France. Shipments reached 8.3 million tonnes in 1972. In 1977, a massive program of purchases in North America began with the acquisition of Lehigh Cement. In 1990, expansion in eastern Europe began. In 1993, it acquired part of SA Cimenteries CBR of Belgium which already had a major multinational operation. Since then it has continued to expand, with complete buy-out of CBR, and purchases in eastern Europe and Asia, including Norcem of Norway in 1999. In 2005, it was operating in 50 countries with 43000 employees, and sold 68 million tonnes of cement. It has (2006) 37 cement plants in Europe and Central Asia, 13 cement plants in North America, 4 in Africa, and 12 in the rest of Asia. The company sold its 35% share in Vicat Cement to help finance its acquisition of Hanson plc in August 2007. In most of the Group’s European countries, HeidelbergCement is the market leader in the cement business.

As of 2007, Adolf Merckle and his family have become one of the largest investors in HeidelbergCement.[1]

See also

Main HeidelbergCement competitors are:

External links

References

  1. ^ Adolf Merckle on Forbes.com



 
 
Learn More
Hanson Limited (Subsidiary Company)
Lehigh Hanson Company (Subsidiary Company)
PT Indocement Tunggal Prakarsa Tbk. (Public Company)

Post a question - any question - to the WikiAnswers community:

 

Copyrights:

Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "HeidelbergCement" Read more