Cement News tagged under: western Europe
CO2 capture and storage - a German pipe dream waiting to happen?22 March 2024, Published under Cement NewsThis week, a report on Germany's CO2 pipeline infrastructure by the country's cement industry association, VDZ, estimated that a total of 4800km of CO2 pipelines is needed, costing EUR14bn, to decarbonise. Moreover, as the cement industry and other heavy industries in the EU emission trading scheme must produce a largely climate-neutral business, the CO2 pipeline network has to be in place by 2040. VDZ's pipeline transport costs are approximately EUR25-30/t CO 2 . For longer distances of ... |
Heidelberg Materials Italy signs clean energy PPA22 March 2024, Published under Cement NewsHeidelberg Materials Italy ( Italcementi ) has signed a power purchase agreement (PPA) with OX2, Europe’s leading producer of renewable energy. The PPA covers the supply of an average of 36.6-51.2GWh of clean energy over a seven-year period from 2025-2032. The majority of the energy will be sourced from OX2’s Stornarella wind farm near Foggia, Italy. The wind farm, which was purchased by Glennmont Partners, now Nuveen Infrastructure, is currently under construction and due to be complet... |
Cemvision raises EUR10m in landmark climate tech seed round22 March 2024, Published under Cement NewsIn the largest known green cement seed round to date, Sweden-based Cemvision joins forces with its compatriot investors Polar Structure and BackingMinds, and SF-based Zacua Ventures. BackingMinds and Polar Structure have invested the largest share of EUR10m, with Zacua contributing an additional amount for Cemvision to further develop its alternative to traditional Portland cement, reducing CO 2 by more than 95 per cent while retaining durability and performance. Cemvision is produced usi... |
Successful kiln lift at Mergelstetten's catch4climate project21 March 2024, Published under Cement NewsA 700t crane was used to lift the kiln into position at Mergelstetten cement plant, Germany, for the ‘catch4climate’ CO 2 capture project on 7 March 2024. The four European cement manufacturers Buzzi SpA ( Dyckerhoff GmbH ), Heidelberg Materials AG , Schwenk Zement GmbH und Co KG and Vicat SA joined forces in In 2019 to start the research company CI4C GmbH & Co KG to jointly realise the ‘catch4climate’ CO 2 capture project. Schwenk's Mergelstetten plant, for the construction a... |
Heidelberg Materials opens new bagging centre at Mitchell plant21 March 2024, Published under Cement NewsHeidelberg Materials North America has installed a state-of-the-art packaging system at its Mitchell plant in Indiana, the second-largest cement plant in North America. The new bagging centre and rotating packaging system features a Ventomatic GIROMAT EVO V12 Rotary Packer, representing the latest technology. The 12-spout automated rotating packaging system can fill 3600 bags/h. Another technological advancement is the bagging centre’s automated kiosk system, which will facilitate produc... |
Holcim Switzerland acquires Cand-Landi Group20 March 2024, Published under Cement NewsHolcim Switzerland has acquired the Cand-Landi Group. This transaction is the result of a successful partnership that the two companies have maintained for many years to better meet the needs of the French-speaking Swiss market. By combining their know-how, Holcim and Cand-Landi offer a comprehensive range of solutions in the areas of sustainable building, logistics and teh circular economy. With now more than 600 employees at around 30 production sites in French-speaking Switzerland, H... |
Holcim Philippines and Megawide renew supply contract19 March 2024, Published under Cement NewsHolcim Philippines has renewed its supply agreement with infrastructure conglomerate Megawide Construction Corp. Under the terms of the agreement, Holcim will supply the cement requirements of Megawide’s Precast and Construction Solutions (PCS) projects across the island of Luzon in 2024. This partnership is a continuation of a collaboration between Holcim and Megawide that began in 2016. “With our renewed supply agreement with Holcim Philippines Inc, Megawide has reinforced its linkag... |
Hoffmann Green exceeds revenue target for 202319 March 2024, Published under Cement NewsHoffmann Green Cement Technologies has reported revenue of EUR6.04m in 2023, far exceeding its target of EUR4.5m, and marking a notable increase from EUR2.2m in the previous year. This is attributed to the increase in cement sales volumes and the signing of the company’s first international licensing contract in Saudi Arabia. EBITDA improved from -EUR6.6m in 2022 to -EUR5.2m the following year, while the company’s net loss increased from -EUR6.7m to -EUR7.9m over the same period. Sales... |
Titan reports record EBITDA growth of EUR540m in 202318 March 2024, Published under Cement NewsTitan reported record EBITDA in 2023 reaching EUR540.3m, up by 63.1 per cent, achieving margin expansion. All regions posted double-digit profitability growth, thanks to increased sales across all main products, firm pricing, operational efficiencies and improved performance of energy costs, said a company statement. Group sales in 2023 totalled EUR2547m, a 11.6 per cent increase compared to the previous year, while EBITDA grew by 63.1 per cent YoY, reaching EUR540.3m. The group's net profi... |
Spanish cement demand falls 1.5% in February18 March 2024, Published under Cement NewsCement consumption in Spain fell 1.5 per cent in February, compared to the same month in the previous year. According to Oficemen, demand in February stood at 1,157,811t, marking a 17,769t contraction versus February 2023. This marks the ninth month in a row that cement demand in Spain has declined. The cumulative figure for the year to date sees consumption down 2.4 per cent YoY, or 53,852t, at 2,187,069t. The last 12 months (March 2023-February) saw consumption come in at 14,447,056t... |