Cement News tagged under: Europe

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HeidelbergCement announces EUR0.60 dividend per share at AGM

05 June 2020, Published under Cement News

HeidelbergCement held its 131st Annual General Meeting (AGM) yesterday with around 1000 people following the live transmission on the Internet. Prior to the AGM shareholders submitted a record 120 questions (previous year: 36 questions). For the 2019 financial year, HeidelbergCement shareholders will receive a dividend of EUR0.60/share (2018: EUR2.10). The total distribution to shareholders thus amounts to around EUR119m. The dividend will be paid on 9 June 2020. In view of the scope and...

Pandemic to seriously affect global cement trade

08 May 2020, Published under Cement News

At Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 and the many government lockdowns that have been implemented worldwide.  "Seaborne trade of cement and clinker will be seriously affected," said Mr Ligthart, adding: "There will be a global reduction in cement consumption and the result of that for seaborne trade and distribution is that the drop w...

HeidelbergCement releases 1Q20 results

07 May 2020, Published under Cement News

HeidelbergCement has recorded a seven per cent decline in revenue to EUR3.93bn for the first quarter of 2020, compared with EUR4.24bn in the year-ago period. The company saw sales volumes across all lines increase in January and February, however, its volumes from mid-March were severely affected by the coronavirus pandemic. As a result, total cement and clinker sales volumes decreased three per cent YoY to 27.7Mt from 28.6Mt. Deliveries of aggregates also fell four per cent to 60.1Mt in t...

GCCA publishes biodiversity guidelines for quarries

07 May 2020, Published under Cement News

The Global Cement and Concrete Association (GCCA) has published new guidelines aimed at further improving the biodiversity performance of the industry's quarries. The guidelines support the Association’s Sustainability Charter implementation. Member companies will use the guidelines to implement agreed good practices as well as a framework for reporting progress against key performance indicators (KPIs). Benjamin Sporton, GCCA CEO, said: "These new guidelines are an important example of ...

Salonit Anhovo restarts cement production

06 May 2020, Published under Cement News

Slovenian cement producer, Salonit Anhovo (Wietersdorfer Group) has resumed cement operations after 14-day shutdown due to the COVID-19 pandemic that caused reduced demand for its domestic market and exports to Italy. Production was suspended on 20 April and resumed on 4 May, as the company used the two-week break to carry out maintenance works, while continuing to make cement shipments to meet the needs of its clients during the period, Salonit Anhovo said. "Construction sites in Italy ha...

RHI Magnesita reports resilient 1Q cement business

05 May 2020, Published under Cement News

RHI Magnesita NV reports that the Industrial division continued to perform well in 1Q20, particularly in cement. Trading activity in the steel division remained weak in Europe and South America, largely offset by a robust performance in North America. Overall, demand levels were similar to the 1Q19 with EBITA slightly ahead, in line with management expectations. Raw material prices fell further in 2020, given the reduction in overall demand and uninterrupted supply from China, which has h...

Designing the carbon border mechanism

03 April 2020, Published under Cement News

This week, Cembureau released its position paper on the EU carbon border mechanism (CBM), largely welcoming the prospect. Since one of the main risks with the EU ETS carbon market is that of carbon leakage, where companies transfer the production of certain products to countries outside of the EU, the CBM would be designed to counteract this by placing a carbon price on imports of those goods from outside Europe. The completion of a feedback period on the roadmap of the CBM was reached on ...

European cement industry welcomes well-designed European carbon border mechanism

31 March 2020, Published under Cement News

The European cement association, CEMBUREAU, has welcomed the prospect of an EU carbon border mechanism although this requires a number of design principles, said the association in a statement. In the initial phase the mechanism, which should be based on verified direct and indirect emissions from imports to the EU, should be complementary to the free allowances of the EU emissions trading scheme (EU ETS) and applicable to all ETS sectors alike. In addition, it must be fully WTO compatible...

Cemex makes organisational changes

27 March 2020, Published under Cement News

Cemex has announced that Sergio Mauricio Menéndez Medina, current president of Cemex Europe, has been appointed as president of Europe, the Middle East, Africa and Asia. Therefore, Mr Menéndez Medina will oversee the business in the Philippines, Israel, Egypt and the UAE, in addition to his current responsibilities, with effect from 27 March 2020. "I would like to thank our current president of our Asia, Middle East and Africa region, Joaquin Estrada, for his contribution and commitment t...

Carthage Cement to start exports to Europe

12 February 2020, Published under Cement News

Following the award of a CE mark, Tunisia-based Carthage Cement will start exports to Europe from March 2020 onward, reports ilBoursa. The first shipment will consist of  150,000t of cement. “This operation marks a new horizon and a new opportunity for the company as part of its drive to diversify the destinations of its products and its commercial fulfilment,” said the company in a statement.