Cement News tagged under: European Commission
European Commission adopts rules governing CBAM18 August 2023, Published under Cement NewsThe European Commission (EC) has adopted the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which starts on 1 October of this year and runs until the end of 2025. The Implementing Regulation published on 17 August 2023 details the transitional reporting obligations for EU importers of CBAM goods, as well as the transitional methodology for calculating embedded emissions released during the production process of CBAM goods.... |
CEMBUREAU discusses Europe's future for cement13 October 2021, Published under Cement NewsC EMBUREAU held its 'Cementing Europe's future: Action through policy' webinar on 12 October 2021 . Two panel discussions looked at whether the cement industry was Fit for 55 per cent carbon reduction by 2030 and the carbon-neutral built environment and the role of concrete with in it. Isidoro Miranda, CEO of Holcim Spain and C EMBUREAU president, opened the meeting stating that the "cement sector was on the move!" He announced that the Green Deal was a starting point race towards 205... |
EU policy uncertainty hampering the cement industry's climate goals16 October 2020, Published under Cement NewsThe role of the cement industry and government working together to deliver the objectives for the Green Deal were the subject of Cementing Europe's Future - Building the Green Deal, organised by Cembureau this week in its online event. However, while a consensus has been reached between industry and government to work towards the creation of a climate-neutral continent by 2050, the regulatory framework is not yet in place to support this necessary industrial revolution. The European Green... |
EUR10bn Innovation Fund open for registration05 March 2020, Published under Cement NewsThe Innovation Fund, which for the period 2020-30 may amount to about EUR10bn depending on the carbon price, will focus on highly-innovative technologies and big flagship projects with European value added that can bring on significant emission reductions. From mid-2020, Europe's Innovation and Networks Executive Agency ( INEA) is expected to be entrusted with the implementation of the grant component of the Innovation Fund. The Innovation Fund will be a key funding instrument for deliveri... |
EC to investigate HeidelbergCement-Schwenk acquisition of Cemex Croatia11 October 2016, Published under Cement NewsThe plans of HeidelbergCement and Schwenk to acquire Cemex's Croatian subsidiary will be subject to review by the European Commission (EC). The transaction would result in the merger of Cemex Croatia, the largest domestic cement producer, with Duna Drava Cement, the largest importer and a subsidiary of the two German cement producers. After a preliminary analysis, the EC concluded that "the proposed transaction would remove a significant competitor in an already concentrated regional ... |
Court annuls information request by EC into cement company competition probe14 March 2016, Published under Cement NewsThe European Court of Justice has annulled a request for information the European Commission had made to several cement makers in a cartel probe. The European Commission in 2010 opened an investigation into several cement makers – including HeidelbergCement, Holcim and Lafarge – saying it suspected the companies of possibly restricting imports into the EU, divvying up markets and coordinating prices. A year later, the commission sent lengthy questionnaires to the companies, requesting... |
European Commission closes antitrust proceedings03 August 2015, Published under Cement NewsEuropean 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, ... |
Holcim and Lafarge receive EC approval for CRH as buyer of divestment assets27 April 2015, Published under Cement NewsThe European Commission has cleared under the EU Merger Regulation the proposed acquisition of several assets of Holcim and Lafarge by Irish building materials manufacturer CRH. The Commission concluded that the transaction would raise no competition concerns, in particular because the merged entity will continue to face sufficiently strong competition after the merger and customers will have alternative suppliers in all markets concerned. The proposed transaction concerns assets worth seve... |
EC clears Holcim and Cemex Spanish deal10 September 2014, Published under Cement NewsThe European Commission (EC) has cleared, under the EU Merger Regulation, the proposed acquisition of Holcim’s Spanish operations by Cemex, the last of three transactions under scrutiny in the European tie-up between the two global majors. Following an in-depth investigation launched in April 2014, yesterday the Commission concluded that the acquisition "would not raise competition concerns since the merged entity will continue to face sufficient competition from its rivals in all markets ... |
Cemex expected to receive EU clearance for Holcim Spain assets05 August 2014, Published under Cement NewsEuropean Union antitrust regulators are expected to approve Cemex’s bid to acquire Holcim’s Spanish units without requiring concessions from the Mexican producer, a source told Reuters on Monday. Cemex has convinced the European Commission that the deal will not reduce competition in Spain, a person familiar with the matter told the news agency. Another source had previously told Reuters earlier this month that the Commission had objected to the deal. Last month the European Commission... |