Cement News tagged under: corporate
Buzzi SpA's 2023 regional results see cement sales climb in Italy03 April 2024, Published under Cement NewsBuzzi SpA reported domestic hydraulic binders and clinker sales in Italy up 2.1 per cent in 2023, while the ready-mix concrete output slightly declined 1.4 per cent. The average prices of cement and concrete confirmed their improvement compared to the previous period. Such trend in volumes and prices led to net sales of EUR818.3m, up 12.7 per cent (EUR726.2m in 2022). Ebitda achieved EUR175.2m, more than doubled compared to EUR82m of last year. USA US cement sales closed the year sli... |
Power Cement debuts export to the USA03 April 2024, Published under Cement NewsPower Cement Ltd has dispatched its first shipment to the USA. This shipment follows the start of exports to the Europe. On 27 December 2023, Power Cement marked a significant milestone as it successfully entered the European market by exporting its cement to the UK, marking the company's commitment to global expansion. It positions the company as a formidable force in the international construction materials arena, notably as the first Pakistani cement exporter to enter the UK market. ... |
Bedeschi SpA to supply crushing unit to Buzzi Unicem03 April 2024, Published under Cement NewsBedeschi SpA has announced a finalised contract with Buzzi to provide a double-stage crushing unit for their cement plant in Guidonia, Italy. The system will take in limestone lumps of up to 600mm and reduce these to less than 50mm. Each machine in the system will have a capacity of 750tph capacity with 2x315kW power installed. The project marks the continuation of the relationship between Buzzi and Bedeschi. |
Bedeschi SpA to supply crushing unit to Buzzi Unicem03 April 2024, Published under Cement NewsBedeschi SpA has announced a finalised contract with Buzzi to provide a double-stage crushing unit for their cement plant in Guidonia, Italy. The system will take in limestone lumps of up to 600mm and reduce these to less than 50mm. Each machine in the system will have a capacity of 750tph capacity with 2x315kW power installed. The project marks the continuation of the relationship between Buzzi and Bedeschi. |
Siam Cement develops new low-carbon cement03 April 2024, Published under Cement NewsThailand-based Siam Cement Group (SCG) has developed a new low-carbon cement that has lowered emissions by 15-20 per cent. According to SCG, the new product is better or stronger than regular Portland cement and was achieved using clean energy sources and waste heat generated during production, resulting in a 38 per cent reduction in energy consumption. The producer has also adjusted the raw material proportions to further reduce carbon emissions, reports The Nation. “This cement was n... |
Flying Cement Ltd's new Line II to announce start of production03 April 2024, Published under Cement NewsFlying Cement Ltd has yet to officially announced the start of production of its new 9000tpd (clinker) Line II, which had a scheduled commissioning date of March 2024. JS Research said commissioning Flying Cement’s 3Mt plant amidst low industry utilisation is challenging. The industry’s average capacity utilisation remained below 60 per cent in the recent quarter, and analysts estimated and pointed out that this could alter the dynamics of the northern market of Pakistan. In the 1HFY... |
Buzzi SpA reports consolidated cement sales of 26Mt in 202302 April 2024, Published under Cement NewsIn 2023 Buzzi SpA reported consolidated cement sales of 26.343Mt, down seven per cent compared to 2022. The generalised slowdown in deliveries, which has been already highlighted during the first half of the year, continued also during the following quarters, particularly in central Europe, Poland and the Czech Republic, where the residential sector significantly weighed on demand. In Italy and the United States sales volumes showed some resilience. Ready-mix concrete sales amounted to ... |
Huaxin Cement net income picks up in 202302 April 2024, Published under Cement NewsChina-based Huaxin Cement posted revenues of CNY33.8bn (US$4.671bn) in 2023, up 11 per cent when compared with the previous year. Net income edged up by 2.3 per cent YoY to CNY2.76bn in 2023, but the company’s profit margin slipped to 8.2 per cent from 8.9 per cent as the company saw an increase in expenses. Earnings per share (EPS) increased to CNY1.33 in 2023 from CNY1.30 in 2022. While the company’s revenue was in line with analyst predictions, EPS missed analyst estimates by one per... |
Shree Cement inaugurates new 3Mta plant02 April 2024, Published under Cement NewsShree Cement has inaugurated its new 3Mta cement plant in Guntur, India. Commissioned six months ahead of schedule, the new facility marks an investment of over INR25,000m (US$300m), reports The New Indian Express. Located in Dachepalli village, Guntur district of Andhra Pradesh, the new plant is Shree’s sixth integrated plant in India and its second in the south of the counrry after its 4Mta works in Kodla , Karnataka. The cement producer's total production capacity now stands at 56.4Mta... |
Ketton works faces opposition for quarry expansion plans02 April 2024, Published under Cement NewsHeidelberg Materials Ketton works plans to extend its Grange Top quarry, adjacent to Ketton cement works as mineral reserves are running out. However, hundreds of people have signed a petition opposing plans to expand a quarry at Ketton, UK. Two new areas, already in Hanson’s ownership, known as Field 14 and Northwest Land, have been identified as suitable extensions and a planning application is currently being considered by Rutland County Council. More than 450 people have signe... |