Cement News tagged under: Central Europe

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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 ...

Czech Republic sees domestic sales up 4% in 2020

12 August 2021, Published under Cement News

The Czech Republic’s cement output declined 1.2 per cent YoY to 4.51Mt in 2020, which was still the second-highest level since 2008, according to preliminary data. Overall domestic sales expanded by 4.2 per cent to 4Mt. Cement exports declined 26 per cent to 562,720t, with the most important markets being Slovakia (almost 50 per cent), Poland (about 25 per cent), Germany (18 per cent) and Austria (10 per cent), according to the Czech News Agency.

Cementarnica Usje sees 17% rise in profit

06 August 2021, Published under Cement News

North Macedonia’s Cementarnica Usje has seen a 17 per cent YoY rise in net profit to MKD686.8m (US$13.2m) in the first half of the year, while operating revenue increased 18 per cent to MKD2.5bn. Domestic sales advanced 11 per cent to MKD1.6bn and sales on foreign markets was up 44 per cent to MKD827.9m.

Hungary levies excess-profit tax on construction material producers

12 July 2021, Published under Cement News

Hungary's government has levied a 90 per cent excess-profit tax on some producers of construction materials from 9 July, in an effort aimed at curbing surging prices. The tax applies to companies that produce cement and other materials, including plaster, chalk, gravel, sand, clay, lime and gypsum, with annual revenue of HUF3bn (US$10.02m) or more in 2019. It requires the companies to pay a 90 per cent "mining allowance" on the difference between revenue generated using their own prices a...

Lafarge Cement sees record sales in 2020

21 June 2021, Published under Cement News

Despite the coronavirus pandemic  in 2020 Czech-based producer Lafarge Cement reported a nine per cent YoY rise in sales to CZK1.55bn (US$72.1m) and pretax profit went up by 60 per cent to CZK555m. This represents the best income figure in its history, said Miroslav Kratochvil, who leads the LafargeHolcim subsidiary. The pandemic saw higher staff and operational cost. However, the increased expenditures were offset by savings, Mr Kratochvil said. Demand for building materials continues thi...

Nexe Grupa invests in production capacity

17 June 2021, Published under Cement News

Croatia’s Nexe Grupa reportedly invested HRK115m (US$18.6m) last year to boost the production capacity and energy efficiency of its plants, with further plans for development this year. In particular, its cement subsidiary targeted both capacity expansion and the increased usage of alternative fuels during the year. "These are just some of the important project that we will follow also in 2021, which we enter with a reduced overall debt of the group and lower costs of financing thanks to ...

Schwenk to increase stake in Akmenės Cementas

04 June 2021, Published under Cement News

Germany’s Schwenk has received approval to increase its stake in Lithuania's only cement manufacturer, Akmenės Cementas. It was already the majority shareholder at 50.42 per cent but is now set to increase this to 96.98 per cent. Schwenk Zement Beteiligungen will also acquire 75.41 per cent of Kalcitas, a limestone and clay producer, and 100 per cent of Cemeka and Lanku Bokstai.