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KHD Humboldt Wedag International Ltd. Establishes Construction Division and Appoints Div. President

03/28/2008
- In response to market demand for expanding service -
HONG KONG, March 28, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- KHD Humboldt Wedag International Ltd. (NYSE: KHD) announced today the appointment of Mr. James Purkis as President of its newly formed Construction Division, reporting directly to CEO Jim Busche. Mr. Purkis joins KHD from Alstom Transport Singapore where he served as General Manager and Project Director for the one billion dollar turnkey Singapore Circle Line Metro Project. Mr. Purkis brings to KHD over 20 years of international business experience with broad based marketing, operational and management capabilities.

KHD Humboldt Wedag International Ltd. CEO Jim Busche commented, "Our customers' business practices are changing in response to the globalization of the business, industry consolidation and the record levels of activity. KHD must also adapt to these changing market conditions to continue growing our market share, leverage equipment sales and expand our business. The industry is evolving toward more full service projects, i.e., requiring companies like KHD to offer full service and supply, beyond the scope of our proprietary equipment. Our competitors are offering cement project construction. While we have resisted a move into this arena for some time due to the additional pass-through content associated with projects of this type, market conditions require we adapt. We have considered and explored many alternative entry points to this segment of services and have elected to create a new Construction Division to develop highly competitive and capable project teams with the experience and skills in those areas beyond KHD's traditional scope of supply. We are extremely pleased to have James join our executive team to lead our new Construction Division. He brings to KHD a strong track record of creating or developing world class operations, management, project, tendering and sales teams. Equally important, he has extensive experience in managing complex, international, multidisciplinary construction projects. These are essential characteristics for the start-up of our new Construction Division."

Mr. Purkis' new Vienna-based position entails P&L responsibility for the Construction Division on a global basis. He will lead the effort to establish a seasoned group of professionals capable of assembling and managing a multidisciplinary team of subcontractors whose skill sets complement those of KHD. They will provide customers with single source responsibility for their complete production facility, whether it is cement or minerals processing. He will also have responsibility for the Division's strategic plans and initiatives.

Mr. Purkis' track record at Levallois-Perret, France-based Alstom Transport includes impressive project direction roles. Most recently on the Singapore Metro Project he managed a local team of 1,000 people, and manufacturing and design teams in ten centers in France, Canada, Italy, India and China. He had similar responsibilities for a major project in Taiwan. He also spent four years in Shanghai at Alstom as Director and eventually Managing Director. Earlier in his career he worked for multinationals in France and the UK.

Mr. Purkis earned his Masters Degree in Business Administration from Lancaster University and his Bachelors Degree in Mechanical Engineering from Liverpool University. He is a Chartered Engineer in the UK.

About KHD Humboldt Wedag International Ltd.

KHD Humboldt Wedag International Ltd. owns companies that operate internationally in the industrial plant engineering and equipment supply business, and specializes in the cement, coal and minerals processing industries. To obtain further information on KHD, please visit our website at http://www.khdhumboldt.com.

     Contact Information:  Allen & Caron Inc.
            Joseph Allen (investors)
            1 (212) 691-8087
            joe@allencaron.com
            or
            Brian Kennedy (media)
            1 (212) 691-8087
            brian@allencaron.com
            Rene Randall
            KHD Humboldt Wedag International Ltd.
            1 (604) 683-8286  ex 224
            randall.r@khd.de
            

SOURCE KHD Humboldt Wedag International Ltd.

http://www.khdhumboldt.com
            
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