Cement News tagged under: Europe

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Cemex seeks to offset inflationary pressures with price hikes

08 October 2021, Published under Cement News

Fernando A Gonzalez, CEO, opened yesterday's Cemex Day - Part II event with a look at some of the surprises of the last year. Not only has Cemex seen a 'V-shaped' recovery since the pandemic, it has also reported remarkable growth with EBITDA advancing in the 1H21 by 20.7 per cent YoY. However, inflation has become the main challenge going forward, particularly due to price rise for marine transportation and fuel, which the company has responded to with a robust pricing strategy and the post...

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...

Askale Cement annnounces new corporate identity and vision

20 September 2021, Published under Cement News

Aşkale Cement has changed its nearly 50-year corporate identity with a brand new image and design. The company has also announced its new vision that will guide its future goals.     The Turkey-based cement producer has changed its focus from a local to a global player in the last few years. Its new corporate identity is expected to contribute to that while the brand is fulfilling its half-century journey.     Fatih Yücelik, CEO of Aşkale Cement, said, "We are determined to do our part...

Turboden to participate in HEATLEAP waste heat initiative

07 September 2021, Published under Cement News

Today, the European Union (EU)-funded HEATLEAP project is being officially launched and presented to the public. The project aims to demonstrate the environmental and economic benefits of waste heat recovery systems in energy-intensive industries. Currently, it is difficult to capture and use low-grade (<70˚C) waste heat with conventional technologies. Paolo Bertuzzi, CEO of Turboden and coordinator of the project, comments: "We are delighted to showcase our portfolio of solutions ...

Cemix plant holds opening ceremony with President Putin in attendance

18 August 2021, Published under Cement News

Lasselsberger Group recently held the opening ceremony for its Cemix greenfield   700tpd white cement production line in Russia. Sinoma-Tianjn Cement Industry Design & Research Institute (TCDRI) carried out the project on an EPC basis.   Russian President Putin attended the opening ceremony. The Austrian Prime Minister sent a congratulatory video message. President Putin gave a speech, fully affirming the technological advancement of the white cement production line based on the BIM pl...

Norm is awarded API certification

16 August 2021, Published under Cement News

Norm has become the first cement producer in Azerbaijan to receive American Petroleum Institute (API) certification and has now launched its oil-well cement production. Norm, a part of NEQSOL Holding, was awarded API certification following a successful audit conducted by the association and confirms that the cement producer’s production process meets the internationally-recognised API specifications for producing oil-well cement. The certification enables the company to contribute to ...

FLSmidth reports 2Q21 strong order intake and improved profitability

12 August 2021, Published under Cement News

FLSmidth’s order intake in the 2Q21 increased 42 per cent compared to the 2Q20 and by 38 per cent to DKK4615m (US$97m) YoY. Cement service order intake reached DKK875 in the 2Q21 and cement capital orders totalled DKK807m in the 2Q21.   Revenue increased by six per cent to DKK4073m in the 2Q21 (2Q20: DKK 3846m) and by nine per cent organically, comprising a 13 per cent increase in mining and a flat development in cement. Group EBITA margin increased to 4.8 per cent from 3.4 per cent in ...

Votorantim Cimentos sees regional sales pick-up in 2Q21

12 August 2021, Published under Cement News

Votorantim Cimentos recorded strong sales in all operating regions in the 2Q21. Price rises and reduced restrictions from the pandemic aided beter results than in the same period last year. In Brazil Votorantim Cimentos recorded a net revenue of BRL2565m (US$494.2m) in the 2Q21, up 46 per cent from BRL1760 in the 2Q20. Adjusted EBITDA grew by 167 per cent in 2Q21 in Brazil at BRL659m compared to BRL247m in the 2Q20. "Brazil has seen 30 per cent increase in cement demand YoY,” said  Osvald...

Votorantim Cimentos records sales volume growth of 31% in 2Q21

11 August 2021, Published under Cement News

Votorantim Cimentos’ sales volume rose to 9.8Mt in 2Q21 compared to 7.5Mt in 2Q20, a growth of 31 per cent. Strong sales were recorded on all countries of the company’s operations as a result of COVID-19 vaccinations and improving market dynamics in all regions.  Osvaldo Ayres, Votorantim Cimentos’ chief financial officer, said: "The company's consolidated net revenue improved by 50 per cent, when compared to 2Q20, reaching BRL5809m (US$1107.1m) in 2Q21 mainly relating to higher volumes a...

Titan's AI optimiser is rolled out across its portfolio

23 July 2021, Published under Cement News

Titan is creating the smart cement plant of the future with a multitude of cutting-edge solutions leveraging the power of artificial intelligence (AI), in the context of the group’s digital transformation journey, including the roll-out of its fully-autonomous, real-time optimisers for the entire cement production line. Initially launched at Pennsuco cement plant in the USA starting in late 2017 with a revolutionary prototype, one of the first AI systems to be used in cement production, t...