Cement News tagged under: Germany
Loesche wins Holcim Ecuador VRM contract25 April 2013, Published under Cement NewsLoesche will deliver one LM 56.4 vertical roller mill for cement raw material grinding to Holcim Ecuador's cement plant Guayaquil. The order with Loesche was placed by general contractor Sinoma-TJ (CBMI), who is supplying the Guayaquil works with a new 4500tpd kiln line. The mill will be used to grind cement raw material and has been designed for a capacity of 386tph and a fineness of 12 per cent R0.09mm. The mill motor capacity will be 4000kW. For Holcim an important fact in favour of this... |
German Federal Court confirms HeidelbergCement’s cartel fine09 April 2013, Published under Cement NewsGermany’s Federal Court has confirmed the 2009 fine imposed on HeidelbergCement by the Higher Court of Düsseldorf at a reduced level of EUR161.4m, the German cement major said in a statement on Tuesday. “We have to accept the verdict of the Federal Court of Justice, and we state that the law suit has now been concluded after a long period of time,” says Dr Bernd Scheifele, Chairman of the Managing Board of HeidelbergCement. HeidelbergCement and other cement producers were initially... |
Dyckerhoff net profit down on European markets18 March 2013, Published under Cement NewsBuzzi Unicem's subsidiary Dyckerhoff has confirmed that net profit in 2012 fell as declines in Europe could not be offset by volume increases in Russia and the USA. The German-based cement major said in a release on Friday that net attributable profit for the year fell 59.2 per cent from the year before to EUR26.9m. Group EBITDA of fiscal year 2012 amounted to EUR 284.2m including one-time one-time effects of EUR4.8m mainly from the sale of a real estate property in Memphis, US. Positive on... |
HeidelbergCement reduces debt, profit edges ahead14 March 2013, Published under Cement NewsGerman cement major HeidelbergCement reported increases in revenue and operating income in 2012 as well as a significant reduction in net debt. Revenue for the 12 months to December 2012 improved by nine per cent to EUR14bn. Operating income climbed nine percent to EUR1.613bn, benefiting from price increases, exchange rate effects and the successful implementation of the "FOX 2013" savings programme. Operating income before depreciation or OIBD increased seven per cent to EUR2.48bn. Pr... |
Credit Suisse upgrades HeidelbergCement08 March 2013, Published under Cement NewsCredit Suisse has upgraded HeidelbergCement from underperform to neutral and increased its target price to EUR53.00 from EUR37.00, Dow Jones reports. The bank says a more upbeat outlook for global cement prices this year and increasing demand improve the industry’s pricing power. CS also cited lower cost pressures and HeidelbergCement’s fading balance sheet concerns as reasons for the upward revision. Preliminary figures from HeidelbergCement show an 8.7 per cent advance in turnover last ... |
G Power Cement to construct new plant in Cameroon19 February 2013, Published under Cement NewsCameroon is set to see the establishment of a new cement plant as G Power Cement on Friday signed an agreement with the government for an 800,000tpa plant. The privately-held German firm will invest CFA45bn (US$90m) in the new factory which will be situated in the coastal city of Limbe, southwest region Cameroon. Work on the project is expected to begin next month with the laying of the foundation stone, the CEO of G Power Cement, Bernd Stiehl told All Africa press. The plant is expected ... |
HeidelbergCement advances in Asia and Africa, but does less well in Europe07 February 2013, Published under Cement NewsThe preliminary figures from HeidelbergCement show an 8.7 per cent advance in turnover last year to €14,020m, or by 4.2 per cent on a comparative basis. EBITDA improved by a more modest 6.7 per cent to €2477m and the trading profit advanced by 9.5 per cent to €1613m, or by 5.6 per cent adjusting for currency movements and changes in the scope of consolidation. The number of employees declined by 1.1 per cent to 51,966, as a reduction of around people 1200 in North America and Europe was par... |
Dyckerhoff improves cement profits in Russia and the USA04 February 2013, Published under Cement NewsPreliminary figures from the Buzzi Unicem subsidiary Dyckerhoff show turnover edging ahead by 0.2 per cent to €1603m in 2012. Of this, 37 per cent was generated in Germany, 39 per cent in Eastern Europe and Russia, 11 per cent in the Benelux and 13 per cent in the United States. Group cement deliveries were 2.4 per cent lower at 15.53m tonnes, while ready-mixed concrete volumes were 7.3 per cent lower at 7.32Mm³. ... |
Loesche acquires majority stake in aixprocess and aixergee, Germany01 February 2013, Published under Cement NewsLoesche announced it has acquired the majority of stakes in the aixprocess and aixergee engineering companies based in Aachen, Germany. aixergee GmbH is specialised in the optimisation of production processes in the cement industry and well-established internationally in the areas of alternative fuel firing, performance improvement, emissions reduction and stabilisation of plant operation. aixergee GmbH combines industry-specific knowledge with numerical computation methods customised to ... |
Euro area construction output down 0.4 per cent in November18 January 2013, Published under Cement NewsConstruction output in the 17-nation euro area decreased 0.4 per cent in November according to first estimates released by Eurostat. In Germany, Europe’s largest economy, November construction advanced one per cent from a month earlier, while Spain gained 1.2 per cent, according to today’s report. However, these gains were offset by falls in France and Italy, where output dropped 0.5 per cent and 3.4 per cent, respectively. In the 27-nation EU, construction fell 0.9 per cent from October... |