Cement News tagged under: Buzzi Unicem
Buzzi Unicem02 September 2016, Published under Cement NewsBuzzi Unicem's first-half turnover improved by 1.9 per cent to EUR1261.3m and EBITDA rose by 33.5 per cent to EUR222.5m. Group cement deliveries improved by 2.7 per cent to 12.2Mt, while ready-mixed concrete deliveries eased by 0.6 per cent to 5.6Mm³. The depreciation and impairment charges came down by a further 3.1 per cent to EUR93.5m and as a result the first-half trading profit recovered by a further 84 per cent to EUR129m. The interest charge declined by 29.7 per cent to EUR36.4m an... |
Luxembourg: worker killed at Rumelange plant27 May 2016, Published under Cement NewsA worker has been killed after falling into a grinder at Cimalux’s Rumelange plant, reports the Luxemburger Wort. The plant is a subsidiary of the Dyckerhoff Group, which in turn is owned by Buzzi Unicem, and produces clinker for plants in Luxembourg and Germany. The worker, who has not been named, is a 59-year-old French citizen who was pronounced dead on the scene. An investigation into the cause of the accident is currently underway. |
Italy: Consolidation needed as consumption forecast to remain depressed27 May 2016, Published under Cement NewsWith the European Commission having this week given the go-ahead to HeidelbergCement’s acquisition of Italcementi, Italy’s largest cement producer is set to become even less dependent upon what was until now its home market. Since 2007 Italcementi's domestic market has contracted from a peak consumption of 46.4Mt nine years ago to 19.6Mt in 2015, with demand predicted to be flat in 2016. The Italian cement producers’ association, AITEC, predicts that consumption will remain below 23Mt until ... |
Buzzi Unicem: 1Q16 sales up 2.8%06 May 2016, Published under Cement NewsBuzzi Unicem reports that during the 1Q16 group cement sales were up 2.8 per cent from the first quarter of 2015, reaching 5Mt. The volume trend was favourable in the United States (+16.3 per cent) and fairly stable in central Europe and Italy. Eastern Europe reported a decrease of 9.2 per cent, mainly due to the declines recorded in Russia and Ukraine. Ready-mix concrete sales posted a slight decrease (-1.7 per cent) compared to the same period of 2015, to 2.4Mm 3 . Consolidated net sales... |
Buzzi Unicem releases FY15 results24 March 2016, Published under Cement NewsBuzzi Unicem reported recurring EBITDA of EUR121m for 4Q15 and EUR473m for the full-year 2015. This is above earlier guidance of EUR470m as well as consensus estimate of EUR468m, says analysts Morgan Stanley. Compared to the Morgan Stanley's 4Q15 segmental forecast, the strong performance came from the US, Germany and Russia where the reported EBITDA margins were much higher than analyst expectations. However, this was offset by a particularly weak performance in Italy due to one-off costs ... |
Buzzi Unicem strengthens US distribution network22 February 2016, Published under Cement NewsBuzzi Unicem has added three new terminals to its distribution network, acquired after the merger between Lafarge and Holcim. Located in Rock Island (IL), Grandville (MI) and Elmira (MI), the terminals will serve new markets for Buzzi. Rock Island terminal has a cement distribution capacity of around 70,000tpa. Cement is delivered to the terminal from Buzzi's Selma (MO) plant by barge along the Mississipi river, or by rail from the Greencastle (IN), Cape Girardeau (MO) and Selma plants. ... |
Buzzi Unicem preliminary figures show revenues rise 6.2 per cent in 201515 February 2016, Published under Cement NewsBuzzi Unicem’s preliminary results for 2015 show a 6.2 per cent rise in revenues to EUR2662m from a year earlier. Thanks to the strengthening of the dollar, which was partly offset by the devaluation of the Russian ruble and the Ukrainian hryvnia, foreign exchange fluctuations had a favourable impact of EUR101m. The group’s net debt fell to EUR1.03bn in 2015 from EUR1.06bn in 2014. It expects from preliminary data that EBITDA will be EUR470m in 2015. Cement volumes for the year rose by... |
Cementir outbids Buzzi to buy Sacci30 December 2015, Published under Cement NewsShares of Italian cement group Buzzi Unicem fell after Cementir outbid its offer for the cement and ready-mix concrete business units of the Italian group Sacci SpA. Sacci has decided to include the EUR125m offer from Cementir Italia in the Sacci creditor protection plan, replacing a previous offer from Buzzi Unicem. Buzzi Unicem’s offer to purchase Sacci SpA had originally been made in March 2015 and had been approved by Italy’s Antitrust Authority in December. |
Anti-trust authority approves Buzzi deal23 December 2015, Published under Cement NewsItaly's Antitrust Authority has approved Buzzi Unicem's offer to purchase the SACCI business unit and informed the Italian cement producer that it will not to open an investigation about the purchase transaction of SACCI SpA (SACCI). Buzzi Unicem is now clear to proceed further with the acquisition. The Buzzi Unicem offer remains under review by SACCI and the bodies of the composition proceedings initiated by SACCI. The outcome of the Buzzi Unicem offer depends on the development of the afo... |
Estanda completes ball mill water injection system for Buzzi, Italy27 November 2015, Published under Cement NewsAt the end of October 2015, Estanda completed the installation of a water injection system for a 3.8m diameter ball cement mill for the Buzzi Unicem group (Italy). This project enabled Estanda to achieve the target requested by the customer: ie, to obtain an outlet temperature in the cement of lower than 100˚C without compromising the quality of cement and maintaining the productivity of the process. The water injection system installed includes the following features, as outlined by Estan... |