Cement News tagged under: Denmark

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FLSmidth reports 22% decline in cement order intake in 2020

10 February 2021, Published under Cement News

FLSmidth’s order intake in 2020 was on par with last year, comprising 13 per cent growth in mining and a 22 per cent decline in cement. Including currency effects and acquisitions, total order intake decreased by five per cent to DKK18,524m (US$2490m). FLSmidth Group CEO, Thomas Schulz, commented: "2020 was impacted operationally and financially by the pandemic, which has presented both challenges and opportunities for FLSmidth. Our employees have done a tremendous job handling this cr...

FLSmidth enters fabric filter technology agreement with Simatek

24 December 2020, Published under Cement News

FLSmidth has agreed to sell its fabric filter technology, a non-core business of FLSmidth's advanced filter technology (AFT) to Denmark-based industrial filter producer, Simatek A/S. Under the agreement, Simatek will supply FLSmidth with fabrick filters while FLSmidth will become a supplier of filter bags and filter cages to Simatek. Through the transaction, FLSmidth will retain its core AFT operations, which continue to be key in delivering the company's MissionZero strategy while Simate...

Cementir launches FUTURECEM™ with up to 30% lower carbon emissions

11 December 2020, Published under Cement News

On 1 January 2021, Cementir will begin distributing the cement of the future, named F UTURECEM ™, which has a carbon footprint that is up to 30 per cent lower compared to regular cement. Cementir herlads the launch of the patented F UTURECEM ™ technology as a significant contribution to both the green transition of Cementir Group and the construction industry in general.   F UTURECEM ™ is a new grey cement innovated by the group's research and development department in Aalborg, Denmark, ...

FLSmidth names Carsten Riisberg Lund as new Cement Industry President

16 November 2020, Published under Cement News

Carsten Riisberg Lund has been appointed FLSmidth’s new Cement Industry President and member of the Group Executive Management. Mr Riisberg Lund has been with FLSmidth for 33 years in various roles, most recently as the president for Region Europe, North Africa and Russia (ENAR) where he has been responsible for all sales and service activities in the region, with a particular focus on customer relationships and creating a single interface to the customer. He has played a vital role in imp...

FLSmidth reports 33% decline in 3Q cement revenues

03 November 2020, Published under Cement News

In the 3Q20 FLSmidth’s revenue amounted to DKK3834m (US$4181m) compared to DKK4736m in the 3Q19, down 19 per cent. Organic revenue decreased by 12 per cent, comprising a one per cent increase in mining and a 33 per cent decline in cement. The sharp decline in cement was due to a more severe pandemic impact on the cement industry and a low backlog.   In the 3Q20 FLSmidth’s order intake amounted to DKK3955m, compared to DKK4571m in the 3Q19, down 13 per cent. Organic order intake fell b...

FLSmidth acquires KnowledgeScape for its digital portfolio

02 October 2020, Published under Cement News

FLSmidth has acquired KnowledgeScape and its advanced solutions to expand its digital ENABLR™ portfolio. The KnowledgeScape™ portfolio has documented capabilities in increasing the total output of a processing plant by 4-10 per cent. At the same time, its solutions reduce power, water and reagent consumption, which contribute significantly to the goals of FLSmidth’s MissionZero sustainability strategy. "With this acquisition, FLSmidth reinforces a strong track record of M&A and integra...

FLSmidth's revenue guidance for 2020 is DKK15.5-17bn

28 August 2020, Published under Cement News

FLSmidth's revenue in 2020 is forecast to be DKK15.5bn-17bn (US$2.48bn-2.72bn), says the company. EBITA margin is expected to be 4.5-6 per cent, which takes into account around DKK210m of implementation costs related to business improvement activities. On 23 March FLSmidth's financial guidance for 2020 was suspended due to the global uncertainty caused by the COVID-19 pandemic. On 28 April the company announced that full-year results were expected to be below the initial guidance. Visibilit...

FLSmidth's 2Q20 preliminary report sees 29% decline in order intakes

27 July 2020, Published under Cement News

FLSmidth released its preliminary 2Q20 report ahead of the full interim 2Q20 results due to the volatility in order intake and revenue combined with the suspension of guidance caused by COVID-19. Across all regions, the mining industry and especially the cement industry have been negatively affected by the pandemic. In the 2Q20, organic order intake declined 29 per cent and organic revenue dropped 26 per cent YoY. Order intake totalled DKK3348m (US$526.2m) compared to DKK4954m in 2Q19. Reve...

HeidelbergCement’s Nordic light

11 May 2020, Published under Cement News

The countries of Denmark, Norway and Sweden are part of HeidelbergCement Group’s Northern and Eastern Europe-Central Asia division. In an exclusive interview, ICR speaks with Giv K Brantenberg, general manager of HeidelbergCement Northern Europe, to find out about the company’s engagement with these three Nordic markets. ICR speaks with Giv K Brantenberg, general manager of HeidelbergCement Northern Europe ICR: How are the construction markets in Denmark, Norway and Sweden perf...

Nordic cement’s green shoots

04 May 2020, Published under Cement News

The Nordic cement industry is a relatively small player in Europe. Still, its plants are some of the most advanced in the world and are pioneering projects for alternative fuels and carbon capture and storage. The region entered 2020 with expectations of improved sales, driven by infrastructure projects and hopes of a housing recovery. However, the coronavirus pandemic is expected to inhibit this growth. Owned by CRH, Finnsementti’s 1.1Mta cement plant at Parainen saw the domestic mar...