Cement News tagged under: Buzzi Unicem

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Buzzi Unicem sees improved cement volume and stable in concrete

08 November 2019, Published under Cement News

Buzzi Unicem's turnover for the first nine months of 2019 was up by 13.4 per cent to EUR2423.6m, but ignoring exchange rate movements the increase would have been 9.9 per cent. Net debt at the end of September was EUR13.3m lower than a year earlier at EUR710.1m. Capital investment in the period was 19.2 per cent higher at EUR260.8m.  Cement deliveries were 5.7 per cent higher at 22.13Mt, while ready-mixed concrete deliveries advanced by just 0.4 per cent to 9.1Mm³. The Italian turnover wa...

Buzzi Unicem reports strong 1H EBITDA

05 August 2019, Published under Cement News

Buzzi Unicem's first-half turnover improved by 13.6 per cent to EUR1518.7m and EBITDA rose by 26.9 per cent to EUR288.6m. Group cement deliveries improved by 7.1 per cent to 13.9Mt, but ready-mixed concrete deliveries eased by 0.5 per cent to 5.8Mm³. The first-half results include a EUR12.3m non-recurring benefit arising from the first time adoption of IFRS 16. The depreciation and impairment charges increased by 18.3 per cent to EUR123m and the 1H trading profit advanced by 34.1 per cent...

Ukraine moves to protect local cement industry

31 May 2019, Published under Cement News

This week UkrCemFor 2019 got underway in Kyiv to focus on developments in Ukraine's cement sector. While the domestic industry is well supported by the four multinational producers Eurocement, CRH, Dyckerhoff (Buzzi Unicem group) and HeidelbergCement as well as Ukraine's Ivano-Frankivskcement, it has been under great pressure from increasing imports. Imports into Ukraine have steadily increased. Belarus was the largest supplier of foreign cement into the country in 2018, accounting for 58...

Time for a Brazilian adventure?

28 May 2019, Published under Cement News

Following the entry of Titan Cement into Brazil in 2016, fellow multinational cement producers Vicat and Buzzi Unicem have recently stepped into the local cement market despite the country’s falling cement demand last year. Others may follow this trail if Brazil’s cement market shows further signs of growth in 2019, but timing will be key. While cement demand declined in 2018, forecasts for 2019 indicate better times ahead Brazil remains one of the largest cement markets in the ...

Buzzi Unicem 1Q19 benefits from better weather

15 May 2019, Published under Cement News

Buzzi Unicem's first-quarter turnover rose by 21.7 per cent to EUR656m (US$735.2m), having fallen by 8.4 per cent a year earlier, with turnover having improved in all countries apart from Brazil. Net debt at the end of March was 16.1 per cent higher at EUR1033.5m. Cement deliveries improved by 16.9 per cent to 6Mt, while group ready-mixed concrete deliveries advanced by 7.3 per cent to 2.6Mm³. The Italian turnover improved by 16.6 per cent to EUR119.6m, thanks to the better weather condit...

Buzzi Unicem reports net sales of EUR2873.5m in 2018

10 May 2019, Published under Cement News

Buzzi Unicem announced consolidated 2018 net sales of EUR2873.5m versus EUR2806.2m in 2017, up 2.4 per cent, while EBITDA stood at EUR577.2m compared to EUR508.2m in 2017. The group’s net profit amounted to EUR382.1m down from EUR391.6m in 2017. Net debt on 31 December 2018 stood at EUR890.5m, up by EUR28m from EUR862.5m at the end of 2017. At the shareholders' meeting the Board of Directors authorised a buy-back of a maximum additional 7m ordinary and/or savings share for 18 months up to ...

HeidelbergCement makes further progress with portfolio optimisation

09 April 2019, Published under Cement News

HeidelbergCement’s subsidiary Italcementi has signed contracts with Buzzi Unicem and Colacem regarding the disposals of cement plants in the northern and central region of Italy. The involved parties agreed not to disclose details of the transactions for the time being.  “These divestments are part of our action plan to accelerate our portfolio optimisation,” said Dr Scheifele, chairman of the Managing Board of HeidelbergCement. “We are well on our way to reach our target of EUR1.5bn of d...

Buzzi Unicem reports EBITDA rose by nearly 14% in 2018

29 March 2019, Published under Cement News

Buzzi Unicem released its consolidated financial statement for 2018, reporting that EBITDA rose by 13.6 per cent in 2018 to EUR577m, up by EUR69m on 2017. Net debt increased to EUR891m rising by EUR28m after investments of EUR444m, of which EUR31m were for expansion projects, EUR45m for the acquisition of Seibel & Sohne in Germany and EUR161m for the strategic agreement with Grupo Ricardo Brennand in Brazil. In 2018 the group sold 27.9Mt of cement , up 4.3 per cent on 2017 and 12.1Mm 3 ...

Buzzi Unicem announces resignation of non-executive director

22 March 2019, Published under Cement News

Buzzi Unicem has announced that Luca Dal Fabbro will be resigning from his position of non-executive director, effective from the end of the board meeting on 28 March 2019. He was appointed on 8 February 2018 in place of Oliviero Maria Brega, who had passed away. Mr Dal Fabbro has decided to leave his position after his name had been indicated for the presidency of Snam SpA by the majority shareholder, according to a press release. The company thanked him for his contribution and noted that...

FCB Horomill® turns 25

25 February 2019, Published under Cement News

This year marks the 25th anniversary of the FCB Horomill ® , a breakthrough technology for raw meal, cement, slag and minerals grinding. Having actively participated in the development of the mill, Buzzi Unicem reflects on the evolution of the technology in terms of mechanical, wear protection, process and layout developments. By Giovanni Battista Auxilia &  Luigi Buzzi, Buzzi Unicem, Italy. Buzzi Unicem’s Mexican associate Cementos Moctezuma employs the FCB Horomill to grind raw meal...