Cement News tagged under: Estonia

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Kunda Nordic Tsement is now Heidelberg Materials Kunda AS

08 August 2023, Published under Cement News

Kunda Nordic Tsement ( Heidelberg Materials ) has changed its name to  Heidelberg Materials Kunda AS . The name change followed the roll-out of the Heidelberg Materials global brand and this is now reflected in Estonia with the new name for the company's Kunda operations. The company emphasises that this is, "The same colleagues, same know-how, experience, and expertise. But in a stronger position to drive the work for a sustainable society and a sustainable future." Heidelberg Materials...

Kunda Nordic Tsement to end clinker production

19 March 2020, Published under Cement News

HeidelbergCement-owned Kunda Nordic Tsement, Estonia, is to close its kiln line in March following a decision by the company’s supervisory board. The closure has been attributed to the considerable increase in CO 2 prices, which has had a significant impact on financial results. "We have reached a crossroads in Kunda, where a new dry-processing plant is needed to reduce the cost of production of clinker and meet the increasingly stringent environmental requirements that stakeholders exp...

Cemex

02 April 2019, Published under Cement News

Cemex has agreed to sell its operations in Latvia, where it owns the 1.6Mta cement plant at Broceni, as well as import and marketing operations in Sweden, where there are four, Finland (three), Norway (four), Estonia (1) and a 38 per cent stake in Lithuania's sole cement plant, to the privately-owned Schwenk Zement for EUR340m. To help finance the purchase, Schwenk is selling its 69.8 per cent stake in Schwenk Namibia on a Singapore-based investor for some US$73m.       Cemex has also ag...

Cemex sells Broceni plant and Nordic assets to Schwenk Zement

20 February 2019, Published under Cement News

Cemex has announced that it has signed an agreement for the sale of assets in the Baltics and Nordics to Schwenk Zement for approximately EUR340m. The Baltic assets being divested consist of the 1.7Mta Broceni cement plant in Latvia, four aggregates quarries, two cement quarries, six ready-mix plants, one marine terminal and one land distribution terminal in Latvia. The assets divested also include Cemex's approximate 38 per cent indirect interest in the 1.8Mta Akmene cement plant in Lithu...

Nordic stability lies ahead

24 March 2012, Published under Cement News

The Nordic cement markets comprising Sweden, Norway, Finland, Demark, Estonia, Latvia and Lithuania have many modern cement plants operating kilns with some of the highest alternative fuel substitution rates. The region also has a wealth of cement terminals and grinding stations, encouraging strong trade, especially via sea routes. Sweden, Norway and Finland are the three biggest Nordic cement markets, with Denmark a distant fourth in terms of cement demand. The three Baltic countrie...