Cement News tagged under: Europe
Recession looms for European construction sector07 October 2022, Published under Cement NewsFaced with rising energy costs, inflation and sluggish demand the European construction sector is braced for a negative landing in 2023, according to CIC-Market Solutions. With the autumn expected to see a modest decline in construction investments, Europe could well dip into a slight recession next year. CIC-Market Solutions has forecast a decline in construction investment of -1.1 per cent in 2023 following a post-pandemic high of 5.9 per cent growth. The French analysts suggest that Fr... |
Cembureau warns of EU plant closures06 September 2022, Published under Cement NewsIn light of rising energy prices across Europe, CEMBUREAU has issued advice for its members to help support energy-intensive industries and households alike. According to CEMBUREAU, a 10-fold increase in electricity prices compared to last year has led to a tripling in the cost of producing cement. “Unless urgent actions are taken at both European and national level, the current energy prices will lead to widespread plant closures across the EU, creating a crisis in the construction supply c... |
Cembureau unveils 2030 Biodiversity Roadmap for quarries31 May 2022, Published under Cement NewsCembureau has released its 2030 Biodiversity Roadmap, setting out its vision for biodiversity in and around quarries over the coming years. Through the roadmap, the European cement industry aims to help put a stop to biodiversity loss during the lifecycle of a quarry using rehabilitation processes. According to the association, going above and beyond legal requirements can ensure that new habitats are created, and rare and threatened species can prosper and flourish. “The European cement... |
Multiple potential buyers for Holcim Russia17 May 2022, Published under Cement NewsMore than 30 potential buyers have expressed an interest in Holcim’s Russia business, according to Jan Jenisch, CEO, Holcim. Holcim announced in March that it plans to exit the Russia market following the country’s invasion of Ukraine. “The process has started, it has to be done with very great diligence. We have had many inquiries,” Mr Jenisch told Reuters. “We don't expect to write it off completely, I would hope this business has a value. You have to give us a couple of months t... |
Votorantim Cimentos' see net revenue regional rises in Brazil and North America13 May 2022, Published under Cement NewsIn Brazil Votorantim Cimentos ’ net revenue in the 1Q22 was BRL2.7bn (US$525.6m), a 21 per cent increase compared to 1Q21. Despite the instability of the local market, macroeconomic pressures and the strong basis for comparison with the same period last year, the increase in revenue was primarily due to the combination of higher sales volume and price. Adjusted EBITDA in the quarter was BRL359m, down 40 per cent compared to March 2021 due to cost pressure caused by commodity prices, l... |
Geminor warns of secondary fuels shortage05 May 2022, Published under Cement NewsA reduction in waste volumes in Europe, in addition to ongoing transport challenges, makes it harder to predict access to secondary fuels this coming winter season, according to Geminor, a Norway-based recycling company specialising in refuse-derived fuel (RDF), solid recovered fuel (SRF) and other waste for material recycling. The company is encouraging industry players to increase their stocks of RDF and SRF before the winter season. A turbulent economy and the ongoing conflict in Ukrai... |
Cemex reports 1Q22 net sales increase of 13%29 April 2022, Published under Cement NewsCemex announced its first quarter of 2022 results, with consolidated net sales and EBITDA growing YoY by 13 and three per cent, respectively, despite a challenging cost environment. The growth was led by a 12 per cent increase in cement prices in LfL terms, eight per cent in ready-mix, and seven per cent in aggregates, with all regions contributing to pricing gains. Cemex continued to enjoy strong demand dynamics, with cement and ready-mix volumes growing high single to double-digits... |
Cemtech Europe 202222 April 2022, Published under Cement NewsCemtech Europe 2022 is a major in-person conference & exhibition, taking place in the bustling Mediterranean city of Barcelona, Spain, on 2-5 October 2022. This conference will address the cement industry’s ambitions to deliver sustainable, low-carbon cement, in line with the 2030 carbon reduction targets, while navigating the major economic forces impacting businesses at present. Cement industry decarbonisation is driving rapid technological change, with consequences ... |
Cemex Ventures invests in Carbon Upcycling Technologies22 April 2022, Published under Cement NewsCemex Ventures ( Cemex Group ) is investing in Carbon Upcycling Technologies, a Canadian startup and global leader in developing carbon utilisation and grinding technologies for the cement industry. Carbon Upcycling's proprietary solution infuses carbon into a grinding process for industrial residues, such as slag and fly ashes, to produce a more reactive supplementary cementitious material. These materials can then be used to replace clinker in cement production. The blended cement an... |
Holcim names new head of North America01 March 2022, Published under Cement NewsHolcim has appointed Toufic Tabbara as region head for North America and member of the group executive committee, effective 1 march 2022. Mr Tabbara is currently CEO of US Cement and joined the Holcim Group in 1998 as director of strategy and development in the US. He has a strong track record of leading the company’s cement, ready-mixed concrete and aggregates businesses in the US, Canada, Egypt, Jordan, Lebanon and Algeria. |