Cement News tagged under: Western Europe
WCA launches CBAM communication campaign19 February 2024, Published under Cement NewsThe World Cement Association (WCA) is working to support the roll-out of the EU’s Carbon Border Adjustment Mechanism (CBAM) by joining its stakeholder communication campaign. The goal of the CBAM communications campaign is to inform, explain and facilitate information about CBAM, namely its reporting requirements, methodologies for calculating emissions and how the CBAM transitional registry works. The WCA recognises the importance of providing its members with the necessary tools and res... |
CEMEX and Orcan energy extend WHR agreement16 February 2024, Published under Cement NewsCEMEX and Orcan Energy have signed a large-scale partnership to decarbonise cement production through waste heat recovery (WHR). Building on the initial WHR collaboration at the cement plant in Rüdersdorf, Germany, the partners will now start to exploit Orcan Energy’s flexible and modular technology for CEMEX globally. CEMEX and Orcan Energy AG will analyse the scale-up of the heat-to-power solutions pioneered by Orcan Energy in parallel at several CEMEX plants to capitalise on the b... |
Hoffmann Green posts 78% YoY increase in sales volumes16 February 2024, Published under Cement NewsHoffmann Green Cement Technologies has reported revenue of EUR6m in 2023, a 2.7 times increase on the previous year. According to the company, over the past three years, revenue has multiplied by 12, indicative of what it calls its "uninterrupted growth trajectory". Revenue for 2023 corresponds to EUR4m from the sales of cements, mainly H-UKR technology, and EUR2m from the licensing contract signed with the Saudi Shurfah Group. Sales volumes for the 12-month period came in at over 21,3... |
Vicat reports 8% growth YoY in 202315 February 2024, Published under Cement NewsVicat has reported 8.1 per cent YoY growth in consolidated sales to EUR3.94bn in 2023, compared to EUR3.64bn in the previous year. Over the same period EBITDA has improved by 29.8 per cent from EUR570m to EUR740m. The EBITDA margin has expanded by 3.1 points from 15.7 per cent to 18.8 per cent. The company attributes the advance to its “geographically balanced” portfolio benefiting from cash generation in developed markets and growth opportunities in emerging markets. France, which acc... |
Medcem announces terminal partnerships in UK15 February 2024, Published under Cement NewsTurkey’s Medcem has announced a partnership with Brett Concrete, one of the largest independent concrete companies in the UK, to establish a terminal at Sheerness Port in Kent, UK. The terminal, which will have a storage capacity of 80,000t, is expected to be operational by July 2024. According to Medcem, the new facility will handle various cementitious products, primarily dry ash. Medcem also has another terminal investment underway in the UK, following its partnership with two indep... |
Oficemen signs decarbonisation technology agreement with Enagás14 February 2024, Published under Cement NewsSpain’s cement association, Oficemen, and natural gas transmission company Enagás SA have signed an agreement to jointly explore decarbonisation technologies. Both organisation will collaborate in the analysis and potential development of infrastructure to transport H 2 , CO 2 and O 2 . Signed by Alan Svaiter, Oficemen president, and Arturo Gonzalo Aizpiri, CEO of Enagás, the two-year agreement highlights the commitment of the Spanish cement industry to decarbonise. At the close of 2022, t... |
Oficemen and ANESE sign collaborative agreement13 February 2024, Published under Cement NewsThe general director of Oficemen (Spanish Cement Manufacturers Group), Aniceto Zaragoza Ramírez, and the general director of ANESE (National Association of Energy Services Companies), Carlos Ballesteros Barrado, have signed a collaboration agreement tohighlight the commitment of both organisations to contribute to the development of the economy following criteria of energy efficiency, sustainability and respect for the environment. This agreement contemplates the implementation of joint a... |
Saint-Gobain appoints new president of SGDB France13 February 2024, Published under Cement NewsEffective from 1 April 2024, Olivier Mercadal will become president of Saint-Gobain Distribution Bâtiment France (SGDB France), reporting to Thierry Fournier, CEO France and CEO Southern Europe, Middle East, Africa Region for Saint-Gobain. Mr Mercadal succeeds Patrice Richard who has decided to retire after 29 years, including the last 14 years as head of construction material trading activities in France. Mr Mercadal joined Saint-Gobain in 2001 and held the positions of executive ge... |
Schaeffler secures CDP 'A' rating for environmental management12 February 2024, Published under Cement NewsSchaeffler has been awarded an “A” score in the climate change category for 2023 by the global non-profit environmental organisation CDP for its commitment to corporate transparency and performance. In the water category, the score was “A-”. Based on data obtained from the CDP questionnaire on climate change, Schaeffler is one of the few companies assessed in 2023, numbering in excess of 21,000, to achieve an “A” score. “This confirmation of Schaeffler’s “A” rating in the area of climate ch... |
Cementir posts 2023 preliminary unaudited EBITDA of EUR421.9m09 February 2024, Published under Cement NewsCementir Holding Group reports preliminary unaudited results for 2023. EBITDA reached the historic record of EUR421.9m, up 25.4 per cent compared to the EUR336.3m of 2022, following the improved results achieved in all geographical areas with the exception of the United States. The EBITDA margin was 24.5 per cent compared to 19.5 per cent in 2022. Net financial income totalled EUR15.8m (income of EUR11m in 2022). Revenue in 2023 reached EUR1694.2m, down 1.7 per cent compared to 2022. Prof... |