Cement News tagged under: Buzzi Unicem

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Buzzi Unicem strengthens position in Italy

19 June 2017, Published under Cement News

Buzzi Unicem is expanding its position in northen Italy with the acquisition of Cementizillo SpA. A total of 47.9 per cent of Cementizillo’s share capital has just been acquired and the remaining 52.1 per cent will be purchased from Mr AG Zillo, the sole director, in early July. Some of the purchase price of EUR60m will be deferred, but only in respect of Mr Zillo, and an additional amount may become payable if the average cement price over the 2017-2020 period were to exceed a certain le...

Buzzi Unicem first quarter volumes ahead

15 May 2017, Published under Cement News

Buzzi Unicem's first-quarter turnover improved by 8.9 per cent to EUR588.5m. Net debt at the end of March was 4.1 per cent higher at EUR979.9m, while capital expenditure was reduced by 29 per cent to EUR49.2m. Cement deliveries increased by 4.5 per cent to 5.2Mt, while group ready-mixed concrete deliveries were ahead by 9.1 per cent to 2.6Mm³. The Italian turnover advanced by 12.7 per cent to EUR95.1m as deliveries of cement and clinker showed a good improvement thanks to higher export sh...

Buzzi Unicem

02 March 2017, Published under Cement News

Buzzi Unicem's turnover improved by a marginal 0.3 per cent in 2016 to EUR2669m, with a like-for-like improvement of 1.7 per cent after adjusting for some eastern European currency weakness. Net debt at the end of December was 8.5 per cent below the level seen a year earlier at EUR942m. Group cement deliveries in 2016 increased by 0.3 per cent to 25.6Mt, while ready-mixed concrete deliveries were broadly unchanged at 11.9Mm³. Buzzi Unicem's Italian turnover declined by a further 1.6 per ...

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...