Cement News tagged under: Cementir

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Cementir receives A- Climate Change CDP rating

10 December 2021, Published under Cement News

Cementir Holding NV has been awarded an 'A-' rating for Climate Change from CDP,   improving from last year 'B' rating and placing Cementir above the cement and concrete sector average (B), the European average (B) and the Global average (B-). Francesco Caltagirone jr, CEO and chairman of Cementir Holding NV, said: "This achievement is a further recognition of our efforts to make our carbon footprint more sustainable. We are committed to tackling climate change, and minimising our...

Cementir reports revenues of EUR1bn in 9M21

12 November 2021, Published under Cement News

Cementir has released its results for the first nine months and the 3Q21. Group revenue reached EUR1bn, up 12.4 per cent compared to EUR896.8m in the first nine months of 2020. Operating costs, equal to EUR804.9m, increased by 11.7 per cent compared to EUR720.3m in the first 9M20.   During the first 9M21, cement and clinker sales volumes reached 8.3Mt, up by 8.2 per cent compared to the same period of 2020. The company said the increase was mainly attributable to performance in Turkey...

Cementir to start CCS project in 2022

09 September 2021, Published under Cement News

Cementir Group, through its subsidiary Aalborg Portland, aims to become the first global cement producer to capture, transport and store CO 2 underground. The group is part of the consortium Project Greensand 2 that seeks funding for a pilot project aimed at capturing and storing  CO 2 underground in the North Sea.   The endeavours to reach the Danish national target of a 70 per cent reduction of carbon emissions in 2030 may now receive a great boost through Project Greensa...

White cement: beyond colour

23 August 2021, Published under Cement News

The white cement market is no longer seen as simply a niche market solely dependent on the colour of the product for sales. Recent megatrends have been a key driver for leading white cement producer, Cementir Holding NV, to develop new and more sustainable products in premix, dry-mix, precast and ultra-high performance concrete. ICR looks to the future of white cement products and new applications with Michele Di Marino, Cementir’s chief sales, marketing and commercial development officer. ...

Cementir sees 1H net profit rise of 140%

30 July 2021, Published under Cement News

Cementir reported a 16.5 per cent rise in revenues for the first half of 2021 to EUR664.5m from EUR570.4m in the 1H20. The increase reflects an 18.7 per cent rise in the sales of grey and white cement and clinker to 5.457Mt, a 31.4 per cent increase in ready-mix concrete sales to 2.515Mm3 and a 12.2 per cent uptick in aggregates sales to 5.211Mt when compared with the 1H20. EBITDA increased by 36.6 per cent to EUR133.5m in the 1H21 from EUR97.8m in the year-ago period. Group net profit adv...

Cementir Holding is given a BBB investment rating by Standard and Poor

27 May 2021, Published under Cement News

Standard & Poor's rating agency announced that it had assigned Cementir Holding NV an Issuer Rating of “BBB- with Stable Outlook”.   The attribution of an investment grade rating is the culmination of a process that began several years ago, which saw Cementir significantly diversify its business and product portfolio, allowing it to achieve considerable stability in results, even during the recent pandemic crisis.  During 2020 Cementir Holding improved its profitability and further re...

Cementir sees strong regional sales in Turkey

11 March 2021, Published under Cement News

Cementir Holding’s consolidated results for 2020 saw a surge in Turkish local cement demand and exports. This saw an increase in revenues of 53 per cent in local currency and a rise of 39 per cent in overall clinker and cement sales volumes.  Turkish sales volumes in the domestic market grew by 27 per cent. Exports of cement and clinker more than doubled with new markets of Africa and the Middle East. Ready-mix concrete volumes rose by 47 per cent compared to 2019. Overall revenue totalled ...

Cementir records consolidated cement and clinker sales of 10.7Mt in 2020

10 March 2021, Published under Cement News

Cementir Holding's consolidated results for 2020 saw cement and clinker sales volumes total 10.7Mt, up by 12.9 per cent compared to 2019. This increase was mainly due to the upturn in sales in Turkey where cement volumes rose by 39 per cent over the year. Sales of ready-mix concrete equalled 4.4Mm 3 in 2020, up by 7.8 per cent while aggregates sales volumes totalled 9.5Mt, down by 1.8 per cent as a result of market contraction in Belgium and France due to the COVID-19 pandemic. Group ...

Cementir's preliminary 2020 consolidated results achieve revenues of EUR1224.8m

05 February 2021, Published under Cement News

Cementir's preliminary consolidated results for 2020 achieved record revenue from sales of EUR1224.8m, up 1.1 per cent from EUR1211.8m in 2019. EBITDA remained stable at EUR263.7m. Sales volumes of grey and white cement and clinker totalled 10.71Mt, up 12.9 per cent from 9.49Mt in 2019 This increase is mainly attributable to the performance of the company in Turkey where cement volumes rose by 39 per cent. Ready-mix sales volumes rose to 4.44Mm 3 , up 7.8 per cent on 4.12Mm 3 in 2019. Re...

CCB Cement is awarded Concrete Sustainability Council's Silver certification

20 January 2021, Published under Cement News

Cementir Holding announces that CCB Cement, its Belgian subsidiary, has been awarded the Concrete Sustainability Council’s Silver certification. Cementir says, this recognition proves the strong commitment in achieving the ambitious Cementir Holding’s sustainability roadmap towards 2030 and represents the progress made in complementing the company's other new innovative solutions for climate change. "The Concrete Sustainability Council (CSC) certification to CCB Cement is a key milestone ...