Cement News tagged under: France
French cement market advances 6.6% in 1Q1407 April 2014, Published under Cement NewsCement consumption in France increased 6.6 per cent to 4.386Mt in 1Q14 compared to 4.115Mt in the same period of last year, according provisional data released by French cement association SFIC. Domestic producers delivered 4.04Mt with the balance supplied by imports. During the quarter, exports rose by 21.8 per cent YoY to 313,000t comprising 269,000t of cement and 44,000t of clinker – a YoY rise of 24.5 and 7.3 per cent, respectively. Last year, French cement consumption fell by 3.8 per ... |
Guy Sidos appointed chairman of Vicat Group07 March 2014, Published under Cement NewsJacques Merceron-Vicat, chairman of the Vicat Group has appointed current CEO, Guy Sidos, chairman in addition to his position as CEO. The board also appointed Jacques Merceron-Vicat honorary chairman. |
Lafarge's profit drops in Europe and Latin America, but group net profit jumps24 February 2014, Published under Cement NewsLafarge's turnover declined by 3.9 per cent to EUR15,198m in 2013, having increased by 3.5 per cent in 2012. The EBITDA came down by 9.4 per cent to EUR3102m and the trading profit fell by 14 per cent to EUR2,075m as carbon credits dropped by 85.9 per cent from EUR99m to EUR14m. Net financial charges, which had been rising in recent years, declined by 4.9 per cent to EUR1041m, while other charges were 88.9 per cent lower at EUR55m, resulting in a pre-tax profit 20.2 per cent higher at EU... |
Lafarge 3Q net profit steady, announces new cost reduction and innovation targets06 November 2013, Published under Cement NewsLafarge reported a slight increase in the third-quarter profit with on the back of reduction initiatives, despite sales being impacted by negative currency movements. Chairman and Chief Executive Officer Bruno Lafont said: "With improving volume trends and despite the adverse effect of exchange rates, we continued to progress in the third quarter on our strategic action plan. ...We have accelerated and will complete our 2012-2015 cost reduction and innovation plan one year ahead of our in... |
Vicat sees growth in Asia and in the USA06 November 2013, Published under Cement NewsVicat's turnover for the first nine months of the year improved by a modest 0.6 per cent to EUR1740m, which represents an underlying advance of 3.2 per cent. The gearing level increased to 51.3 per cent at the end of September compared with 47.6 per cent a year ago. The expansion in Asia has been the main reason for the increased debt levels in recent years, but it is below the 53.3 per cent seen at the end of June. Turnover in cement was 2.8 per cent ahead at EUR855m, which represented 51... |
Holcim ceases production at Dannes02 October 2013, Published under Cement NewsNine months after stopping the kiln at Dannes, France, Holcim officially ceased production at the plant on 30 September. Staff have been partly transferred to Lumbres, Dunkerque and Rochefort. |
New Kercim plant to be built in Le Havre, France11 September 2013, Published under Cement NewsKercim, which opened a cement plant in Loire-Montoir last February, will start construction of a new works in Le Havre in early 2014. It is expected that the new 0.6Mta works will gradually enter service, first as a grinding unit supplied by imported clinker in 2016. By 2020, it is envisaged to run to full capacity. Output from the plant is destined for the Paris region and transported by road, rail and via the Seine. The Grand Port Maritime du Havre will build a new road on the MTV3 ... |
Vicat advances in Turkey and Kazakhstan07 August 2013, Published under Cement NewsVicat's first-half turnover increased by 1.7 per cent to EUR1147.7m, which amounts to a 3.2 per cent improvement on a comparative basis as the France-based cement producer made notable advances in Turkey and in Kazakhstan. EBITDA edged ahead by 0.4 per cent to EUR201.4m and the margin narrowed only slightly from 17.8 per cent to 17.6 per cent. The trading profit improved 2.4 per cent to EUR107m. After a net financial charge 9.8 per cent higher at EUR21.5m and a 33.8 per cent increase in t... |
Lafarge trims market growth outlook, debt reduction goal on track26 July 2013, Published under Cement NewsLafarge reported a marked rise in 2Q net profit although consolidated sales declined. The company has now trimmed its forecast for cement market growth this year but confirmed its goal to reduce debt to below EUR10bn this year. EBITDA fell eight per cent to EUR922m and current operating income declined 11 per cent to EUR667m. Net profit in the second quarter came in at EUR201m compared to EUR39m in the same period last year when earnings were hit by exceptional items. Consolidated sal... |
Vicat starts production tests for new cement type21 June 2013, Published under Cement NewsFrance-based cement producer Vicat has started testing to produce a new low-carbon cement, Alpenat, on an industrial scale in its Créchy dans L’Allier factory. After several years of research the group confirms that it has developed a new cement “with a lower carbon footprint and high technical performance”.The new cement is reported to cut CO2 emissions by 30 per cent. The industrial-scale tests will run for 10 days and the company expects an output of around 10,000t of cement. |