Cement News tagged under: Europe

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CRH's first-half driven by the Americas

27 August 2015, Published under Cement News

CRH's first half turnover advanced by 12.6 per cent to €9,370m and the EBITDA improved by 9.9 per cent to €555m. The trading profit increased by 11.2 per cent to €189m and after a net interest charge 8.6 per cent higher at €139m, the pre-tax profit increased by 3.3 per cent to €63m. The net attributable result improved by €1m to €46m. Net debt at the end of June was 67.3 per cent lower at €1212m, giving a gearing level of 9.7 per cent, which compares with 39.9 per cent a year earlier. ...

Polish monthly sales edge ahead

11 August 2015, Published under Cement News

Cement production in Poland increased by 1.6 per cent YoY to 1.65Mt in July, while sales were up by 1.7 per cent to 1.71Mt, Poland's Cement Producer Association said in a statement. Year-to-date production grew two per cent YoY to 8.84Mt. Meanwhile, year-to-date sales rose by 2.3 per cent to 9.04Mt.

European Commission closes antitrust proceedings

03 August 2015, Published under Cement News

European Union antitrust regulators on Friday scrapped a cartel investigation launched on 8 December 2010 against a number of cement producers with operations in Europe including Lafarge, Cemex and HeidelbergCement after failing to find evidence of a cartel. The European Commission (EC) opened the case with dawn raids in November 2008 and September 2009. It concerned anti-competitive practices in Austria, Belgium, the Czech Republic, France, Germany, Italy, Luxembourg, The Netherlands, ...

Monthly construction output up by 0.3% in euro area

20 July 2015, Published under Cement News

In May 2015, seasonally-adjusted production in the construction sector rose by 0.3 per cent in the euro area (EA19) and fell by 0.3 per cent in the EU 28, according to the first estimates from Eurostat, the statistical office of the European Union. In April 2015, production in construction dropped by 0.2 per cent and 0.6 per cent, respectively. In May 2015 compared with May 2014, production in construction grew by 0.3 per cent in the euro area and by 0.5 per cent in the EU28. The increas...

CEMBUREAU: ‘EU-ETS proposal needs to incentivise best performers’

16 July 2015, Published under Cement News

CEMBUREAU has taken note of the Commission’s proposals on EU ETSii post-2020 and will now proceed to a more indepth analysis with a view to engaging in a constructive discussion with the Commission, European Parliament and Member States, the association said in a statement yesterday. CEMBUREAU notes that while the proposal does acknowledge the importance of a continued carbon leakage protection, it is disappointing in that it maintains the cross-sectoral correction factor. "Even if the Co...

CEMBUREAU calls for 'truly Circular Economy'

10 July 2015, Published under Cement News

CEMBUREAU has taken note of the European Parliament’s adoption of its ‘Own Initiative Report on Resource Efficiency: moving towards a circular economy’. The European cement association has said that it welcomes the Parliament’s support for a sustainable supply of materials from European sources, as well as the call for legal certainty and long term predictability. In addition, it also recognise that a variety of voluntary resource-efficiency indicators which take into consideration the three...

Construction output up 0.3% in euro area

25 June 2015, Published under Cement News

In April 2015 seasonally-adjusted production in the construction sector rose by 0.3 per cent in the euro area (EA19) and fell by 0.3 per cent in the EU28 compared to the previous month, according to first estimates by Eurostat. In March 2015 production output grew by 0.6 and 1.4 per cent, respectively. On an annual comparative basis, April 2015 production in construction remained stable in the euro area and grew by 1.3 per cent in the EU28. Monthly comparison by construction and by membe...

CEMBUREAU elects new President and Vice President

17 June 2015, Published under Cement News

Daniel Gauthier, CEO Western Europe-Africa and Member of the Managing Board of HeidelbergCement, has been elected as President of CEMBUREAU for a two-year term at the Association's General Assembly held yesterday in Oslo (Norway) after having completed his mandate of Vice-President over the last two years. He takes over from Peter Hoddinott, Executive Vice President Performance and Member of the Executive Committee at Lafarge. In addition, Gonçalo Salazar Leite (CEO Secil) has been elected a...

Cement sales in Cyprus fall over first five months

12 June 2015, Published under Cement News

Cement sales in Cyprus fell 10 per cent from January to May compared to the same period a year ago to 170,684t, Cystat, the country’s statistical service, said. In May alone, there was a two per cent drop to 38,053t compared to the same month last year, Cystat said in a statement on its website. Cyprus’ prolonged economic recession has led to continuous declines in domestic cement demand since 2008 when consumption had reached 1.92Mt. In 2014 demand is expected to have fallen to 0.44Mt – s...

Lafarge expects modest Czech sales growth

10 June 2015, Published under Cement News

Lafarge Cement sales rose by five per cent in 2004 to CZK965m (EUR35m) due in part to a revival of domestic construction activity. Profit from operations soared by 53 percent to CZK179m. The growth is attributed to rising sales, an extraordinary revenue from the sale of carbon credits and operating savings, spokesperson Milena Hucanova told CTK Business News. The company, which operates the 1.2Mta Cizkovice cement works, expects a modest growth in sales this year. Czech cement ...