Cement News tagged under: Buzzi Unicem

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Buzzi Unicem FY16 preliminary results

10 February 2017, Published under Cement News

Buzzi Unicem announced that its 2016 deliveries of products showed a favourable variance in central Europe, thanks to the upturn in shipments from the spring season, and overall also in eastern Europe, with improvements in Poland, the Czech Republic and Ukraine, which more than offset the marginal decline in Russia. Some weakness in demand during the 2H16 resulted in a moderate decrease in full-year sales in the United States of America and in a more marked rise in Italy, where no signs o...

Buzzi Unicem releases 9M16 results

11 November 2016, Published under Cement News

Buzz Unicem reports that from January to September 2016 cement and clinker sales of the group totalled 19.5Mt, up 1.2 per cent from the previous year. Consolidated net sales were in line with the previous year, increasing from EUR1998.1m in September 2015 to EUR1.9985m in the period under review, while EBITDA came in at EUR416.2m (+64.1m, equal to +18.2 per cent). Europe In Italy cement and clinker sales showed a declining trend compared to the same period of 2015, with average sales...

Visible cracks

10 October 2016, Published under Cement News

Over the last 18 months CDP has analysed sectors ranging from electric utilities and automotive manufacturing to extractives and has benchmarked how leading players manage climate risks and opportunities. In June it was the turn of the cement sector, as CDP published ‘Visible Cracks’, its first report for investors on the global cement industry. This publication revealed how differently companies in the sector are preparing for the transition to a low-carbon economy. By Tarek Soliman and Cha...

Buzzi Unicem

02 September 2016, Published under Cement News

Buzzi 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 plant

27 May 2016, Published under Cement News

A 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 depressed

27 May 2016, Published under Cement News

With 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 News

Buzzi 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 results

24 March 2016, Published under Cement News

Buzzi 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 network

22 February 2016, Published under Cement News

Buzzi 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 2015

15 February 2016, Published under Cement News

Buzzi 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...