Cement News tagged under: Central Europe

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Schwenk Latvija reports 5% increase in turnover in 2021

27 June 2022, Published under Cement News

Schwenk Latvija has reported a 4.9 per cent YoY increase in turnover in 2021. The company's turnover reached EUR96.455m, while profit came in at EUR16.118m, up 31.9 per cent YoY, according to Firmas.lv. 2021 saw Schwenk Latvija sell more than 1Mt of cement, of which over 75 per cent was exported, mainly to Finland, Estona and Sweden, reports Baltic Business Daily. Capex in 2021 stood at over EUR23m, up 16 per cent on the 2020 figure. According to the company's annual report, despite the nega...

Holcim to acquire Izolbet of Poland

16 May 2022, Published under Cement News

Holcim has entered an agreement to acquire Izolbet, one of the leading players in the specialty building solutions market in Poland.   Izolbet has delivered double-digit growth in sales and EBITDA over the last three years. The acquisition will strengthen Holcim’s footprint in the highly attractive market for renovation, thermal insulation and finishing, and will complement Holcim’s recent investment in a new production facility for dry mixes in Kraków. Miljan Gutovic, EMEA regi...

Cement Hranice sees 4% uptick in net profit in 2021

25 April 2022, Published under Cement News

Czech cement producer Cement Hranice , owned by Dyckerhoff AG, increased its sales by 13.4 per cent to CZK2.037bn (US$89.8m) in 2021 when compared with sales posted in 2020. The company’s net profit advanced by four per cent YoY to CZK585.7m. "The past year was marked by increased demand for cement sales. Especially at the end of the year, we were forced to reduce our clinker and cement stocks to the lowest possible level, but we still had to slightly reduce deliveries to our customers," a...

Serbian cement industry faces fuel challenge

22 April 2022, Published under Cement News

Serbia’s cement industry is being considerably impacted by the Russia-Ukraine war as the sector depends on high-calorie coal imports from both Russia and Ukraine for more than 50 per cent of its fuel requirement. Moreover, the alternative fuels used by the industry are insufficient to safeguard business continuity, particularly in the currently expanding market. The supply chains from Russia and Ukraine have almost stopped, presenting a serious challenge to the industry, according to Associ...

Polish cement sales forecast to decline

22 April 2022, Published under Cement News

Cement sales in Poland are expected to decline to 19Mt in 2022 from 19.3Mt in 2021, according to the Polish cement association, SPC. However, the association predicts that sales could return to their upward trend in 2023, when it projects sales of 19.4Mt.

Feeling the heat of mercury

21 February 2022, Published under Cement News

Cement kiln operators, particularly in cases of co-incineration, may feel the heat when considering upcoming government regulations regarding mercury emissions. Therefore, it is recommended to invest in upgrading mercury monitoring systems if existing ones use out-of-date technology that no longer complies with mercury monitoring standards. By Gasmet, Finland. Continuous mercury monitoring systems help cement plants avoid over-the-limit emissions In an effort to decrease fossil ...

Rudnik Uglja to switch to cement production

13 January 2022, Published under Cement News

Montenegro-based coal mining company Rudnik Uglja has said it will phase out its coal mining activities and switch to cement production. To achieve this change, which is in line with its plant to reduce greenhouse gas emissions, the company is looking into a strategic partnership.

Europe: invest, divest, assess

27 September 2021, Published under Cement News

ICR looks at how economies have fared across western, central and eastern Europe over 2020-21, and what action Europe’s leading cement producers are taking to not only recover from the pandemic but also prepare for the challenges that still lie ahead as emissions regulations tighten and the need for leaner, greener production ramps up. Investing in low-carbon technology, carbon neutrality and portfolio assessment are the key themes going forward for cement producers in the European...

Holcim Croatia to invest HRK9.6m in low-carbon cement

27 September 2021, Published under Cement News

Holcim Croatia will invest HRK9.6m (US$1.5m) in a project to develop low-carbon cement production. Around 35 per cent of this amount will be a HRK3.3m grant from Innovation Norway. The company plans the launch of to new brands of low-carbon cement. The project will see the construction of a closed warehouse for mineral additives and a new transportation system for their dosage. A successful outcome of the project will enable the company to boost competitiveness, reduce CO 2 emissions an...

Lafarge Poland's Malogoszcz plant modernisation set to begin

23 September 2021, Published under Cement News

The foundation stone for Lafarge Poland's Małogoszcz plant modernisation has been ceremonially laid, which signals the beginning of construction of a new rotary kiln. Małogoszcz is expected to produce one of the most environmentally friendly cements on the Polish and European markets, according to a press release.  The investment in the project, supported by Krakow Technology Park, is worth over EUR100m. It is expected to result in approximately 20 per cent less CO 2 emissions as the ...