Cement News tagged under: Bulgaria
ANRAV CCUS project funding signing completed24 January 2023, Published under Cement NewsThe EU Innovation Fund Grant Agreement for Heidelberg Materials ’ pioneering CCUS project ANRAV has been officially signed in Brussels. ANRAV aims to be the first full-chain CCUS project in eastern Europe, eventually covering all steps from CO 2 capture, transport and geological CO₂ storage to CO₂ reuse. The EU Innovation Fund, one of the world’s largest funding programmes for innovative low-carbon technologies, will support Heidelberg Materials and PetroCeltic with around EUR190m, complem... |
Holcim Bulgaria awarded 35-year concession08 December 2022, Published under Cement NewsThe Bulgarian government has granted Holcim Bulgaria a concession for the Marudnicite West sand and gravel deposit near Sofia for 35 years. The deposit is located between the villages of Negovan and Chepintsi on the northeastern outskirts of the city. Holcim Bulgaria plans to invest over BGN2.6m (US$1.4m) to ensure extraction and pre-production activities at the site for the duration of the concession, reports SeeNews. The company is expected to pay out more than BGN5m in concession pay... |
HeidelbergCement's ANRAV project wins EU Innovation funding14 July 2022, Published under Cement NewsHeidelbergCement ’s newly-launched ANRAV carbon capture utilisation and storage (CCUS) project has been selected for Grant Agreement Preparation by the EU Innovation Fund, meaning that the project’s implementation will be supported. ANRAV aims to be the first full-chain CCUS project in Varna, Bulgaria, eastern Europe. It will link carbon capture facilities at the Bulgarian Devnya Cement (HeidelbergCement group) through a pipeline system with offshore permanent storage under the Black S... |
Producing RDF in Russia01 March 2022, Published under Cement NewsThe Kaluga Plant for the Production of Alternative Fuels (KZPAT), launched in May 2021, is Russia’s first integrated refuse-derived fuel (RDF) facility. Located in close proximity to Holcim’s Ferzikovo cement plant, the new processing line is helping the local cement sector support waste reform in Russia. By Konstantin Bojinov, CPConsult Ltd, Bulgaria The Kaluga Plant for the Production of Alternative Fuels (KZPAT) is Russia’s first official project in the field of refuse-derived f... |
Devnya Cement to alter production strategy20 December 2019, Published under Cement NewsBulgaria's government has announced it will terminate the concession contract awarded to Devnya Cement for a quartz sand deposit in the Varna region, upon the company's request. The company has decided to alter its future production strategy due to market conditions and therefore no longer intends to use deposit, according to a government statement. Devnya Cement had won the concession in 2009. In 2018 the company generated revenues of BGN137.3m (US$78.2m) and closed the year with a ne... |
Bulgaria’s Zlatna Panega swings to BGN2.7m net profit20 June 2019, Published under Cement NewsTitan-owned Zlatna Panega Cement reported a non-consolidated net profit of BGN2.7m (US$1.6m) in 2018, a significantly-improved result when compared with the non-consolidated net loss of BGN-6.8m the previous year. The Bulgaria-based cement producer saw its sales revenue increase 8.6 per cent to BGN90.5m from BGN83.3m in 2017 on the back of a 17.1 per cent YoY rise in cement sales from BGN63.3m to BGN74.1m. Cost of goods decreased by 3.6 per cent to BGN77.4m in 2018 from BGN80.3m in 2017 ... |
Bulgaria: Green Oscar for Devnya Cement01 July 2016, Published under Cement NewsDuring the official ceremony held on 8 June 2016 at Hilton Hotel Sofia, Bulgaria, Devnya Cement received the Green Oscar in the Industry and Production sector – one of 13 awarded during the Sixth Bulgaria's Greenest Companies Competition. On behalf of the company, Sustainable Development Manager, Ivaila Vasileva, received the prize and shared that it is a truly significant achievement for the company. "In line with our company policies, environmental consciousness has been a part of all o... |
Devnya Cement officially inaugurates new line, Bulgaria03 June 2015, Published under Cement NewsDevnya Cement, part of Italcementi Group, has officially launched the new line at its plant in Bulgaria in the presence of Prime Minister Boyko Borisov. Also present at the ceremony was Italy’s Ambassador to Bulgaria, Marco Conticelli, who pointed out that Italian investments in Bulgaria were producing clear results, according to reports by the Bulgarian Telegraph Agency. He said that the cement plant in Devnya was already one of the largest in Europe and the technologies used there contrib... |
Devnya wins “Building of the Year 2014” award11 December 2014, Published under Cement NewsItalcementi’s modernisation of the Devyna Cement plant, undertaken by CBMI Construction Co of China, has been awarded Bulgaria’s "Building of the Year 2014" award under the Industrial buildings – technological renovation and expansion category. Involving an investment of EUR160m, the Devnya cement plant project is one of the largest single industrial investments in Bulgaria in the last quarter of a century. CBMI (Sinoma Group) won the EPC contract for the project which combined Chinese... |
Devnya Cement begins expansion project, Bulgaria30 March 2012, Published under Cement NewsBulgarian cement producer Devnya Cement, a unit of Italy’s Italcementi, has officially launched a EUR160m upgrade project. The company has signed up CBMI of China, a subsidiary of Sinoma International Engineering, as a general subcontractor for a new production line set to begin operation in early 2015, Italcementi in a statement. The annual capacity of the new production line will be nearly 1.5Mta of cement. Devnya is based near the Black Sea port city of Varna and has an annual capaci... |
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