Cement News tagged under: Europe

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Cement in 2019

07 January 2019, Published under Cement News

While global economic growth is expected to continue in 2019, uncertainty will affect the expansion of key cement markets in the year ahead. As a result a mild contraction is forecast although there will be regional differences in cement demand with the developed markets registering limited growth while emerging markets will be more robust. By Arnaud Pinatel and Yassine Touahri, On Field Investment Research, UK. Figure 1: changes in regional cement demand, 2017 vs 2018. Source: OFI...

CEMBUREAU takes stock of Low Carbon Road map 2050 objectives

30 October 2018, Published under Cement News

C EMBUREAU recently hosted its 'Low Carbon Roadmap Progress towards the 2°C target' in the European Parliament, where it gave an industry update to MEPs. Five years ago the European cement industry published its Low Carbon Roadmap, outlining how CO 2 emissions could be reduced by 32 per cent (compared to 1990 levels) by 2050 with conventional technologies and potentially by 80 per cent if breakthrough technologies become widely available. C EMBUREAU has now taken stock of where the ceme...

Cem'In'EU inaugurates its Aliénor Ciments plant

24 October 2018, Published under Cement News

Cem‘In’EU Group inaugurated its first modular grinding plant at Aliénor Ciments yesterday in Tonneins, 100km southeast of Bordeaux, France. The 0.22-0.25Mta plant is the first of a network of grinding units that the group aims to construct in France, Poland and the UK. Intercem Engineering of GmbH of Oelde in Germany constructed the 30tph ball mill section of the plant in just four months. The mill is equipped with a separator that was also specially designed by Intercem Engineering. The pl...

Titan Group tenders Euronext and Athens Exchange listing

19 October 2018, Published under Cement News

Titan Cement company has announced that Titan Cement International has submitted a voluntary tender offer the exchange of all the ordinary shares and preference shares issued by Titan Cement Co SA with new shares of Titan Cement International SA. The purpose of this offer is to have a listing of Titan Group on Euronext Brussels, one of the European Union stock exchanges. The offer includes the proposal of a secondary listing and admission to trading of all Titan Cement International SA shar...

Norway's CCS funding from EU receives cautious backing

12 October 2018, Published under Cement News

Norway is attempting to give carbon capture and storage (CCS) a new start with an updated concept focussed on developing transport and storage infrastructure to attract interests from investors around Europe. This includes the transport of CO 2 by boat instead of earlier plans to move CO 2 by pipeline, but the European Commission has been cautious in its response stating that there is currently no specific new funding set aside for the technology.
 The initiative to store CO 2 1000m und...

Staying strong: the European building materials sector

10 September 2018, Published under Cement News

There are many reasons for European construction companies to be enjoying strong order books at present. Analysts at Bernstein report that most building material companies saw strong revenue growth in 1H18, particularly in the 2Q18 following the harsh winter that impacted 1Q18 results. However, the sector has seen backwards trading since the start of the year. The European construction sector has been performing well, driven by a resurgence in infrastructure spending and improved confidenc...

Staying strong: the European building materials sector

07 September 2018, Published under Cement News

There are many reasons for European construction companies to be enjoying strong order books at present. Analysts at Bernstein report that most building material companies saw strong revenue growth in 1H18, particularly in the 2Q18 following the harsh winter that impacted 1Q18 results. However, the sector has seen backwards trading since the start of the year. The European construction sector has been performing well, driven by a resurgence in infrastructure spending and improved confidenc...

GCCA expands to 16 members

05 September 2018, Published under Cement News

The Global Cement and Concrete Association (GCCA) expanded to 16 members last month, adding companies from Europe, South America and Asia. Buzzi Unicem, Cementos Argos, Cementos Pacasmayo, Çimsa Çimento, SCG Cement and Titan Cement were all welcomed to the association which launched earlier this year. Furthermore, the US-based Portland Cement Association has joined the GCCA as an affiliate. "We are delighted to welcome further cement and concrete companies and like-minded organisations t...

CRH announces revenue increase in 1H18

23 August 2018, Published under Cement News

CRH has reported its results for the half-year period ended 30 June 2018, announcing a slight increase in revenue of one per cent YoY to EUR11.9bn (US$13.76bn). Similarly, overall EBITDA rose one per cent to EUR1.13bn, while the EBITDA margin remained consistent at 9.5 per cent. Profit after tax reached EUR378bn, advancing nine per cent from EUR346bn in the year-ago period. The company has recorded divestments of EUR2.9bn and acquisitions of EUR3.4bn in the first six months of the year, whi...

Disposals or growth for CRH?

08 June 2018, Published under Cement News

Last week, CRH made an announcement that it was creating a new global Building Products division which would start operation in January 2019 by merging its European Distribution and Americas Products divisions. Due to the company's enlarged scale, it sees opportunities for further value creation for its shareholders and is looking to maximise its network to improve its global products business. This comes after several years of re-positioning itself post-financial crisis when several of th...