Cement News tagged under: Heidelberg Materials
Slite plant opts for KIMA Process kiln cooling system18 November 2022, Published under Cement NewsHeidelberg Materials is modernisation its Cementa AB plant in Slite on the Swedish island of Gotland. It is set to become a plant that can produce climate positive cement, using ambitious carbon capture and emission reduction technologies. In addition, it will have the first complete rotary kiln will be equipped with a fully automatic IR-temperature control based on water spray cooling. Germany-based KIMA Process Control GmbH will supply the most energy-efficient and environ... |
CIC-Market Solutions revises up Heidelberg Materials09 November 2022, Published under Cement NewsCIC-Market Solutions has softened its negative scenario post 2022 for Heidelberg Materials . It has raised its 2023 EBITDA projection to EUR3537m (down EUR128m versus 2022E), versus a previous estimate of EUR3439m. This is despite the prospect of falling demand in 2023 in the main European countries (-3 to -10 per cent compared to 2022). CIC-Market Solutions advises that the change in its forecast is firstly due to European producers being determined to pass on the increase in factor ... |
Heidelberg Materials grows revenue 13% in 9M2204 November 2022, Published under Cement NewsHeidelberg Materials ’ revenue in the first 9M22 rose significantly by 12.9 per cent in comparison with the previous year to EUR15,802m (9M21: EUR13,996m). Excluding consolidation and exchange rate effects, the rise amounted to 12.3 per cent. In particular, price increases in all group areas contributed to the revenue growth. Changes to the scope of consolidation of EUR622m had a negative effect on revenue, while exchange rate effects of EUR624m had a positive impact. The result from... |
Suez Cement orders 45GWh solar power project04 November 2022, Published under Cement NewsSuez Cement Group ( Heidelberg Materials ) signed an electricity generation agreement with Intro Power and Utilities with the aim of constructing a solar power plant at the Suez Cement Factory with investments estimated at EGP350m (US$14.4m). The project will provide a production capacity of 45GWh of clean electricity, which eliminates approximately 22,000t of CO 2 emissions annually or 440,000t over 20 years. The project is scheduled to install solar energy systems with a total capa... |
Votorantim Cimentos completes acquisition of Heidelberg Materials assets in Spain03 November 2022, Published under Cement NewsVotorantim Cimentos announced that has completed the acquisition of all the businesses of Heidelberg Materials in the south of Spain, which includes a modern integrated cement plant located in Málaga , three aggregates quarries and 11 ready-mix plants in Andalusia region. In the last two years, Votorantim Cimentos has strengthened its presence in the Spanish cement market with the acquisition of the integrated cement plant of Cementos Balboa in Extremadura and now with the Malaga p... |
Heidelberg Materials signs global licence agreement with Leilac28 October 2022, Published under Cement NewsHeidelberg Materials has signed an indefinite global licence agreement with the technology company Leilac, enabling the future scale-up of the joint carbon capture, utilisation and storage (CCUS) activities. The agreement sets out the terms of use for the company’s carbon capture technology in Heidelberg Material’s operations. Leilac provides a highly efficient, low-cost capture solution for unavoidable CO 2 process emissions in cement production. The agreement is the result of a longst... |
HeidelbergCement rebrands to start a new chapter23 September 2022, Published under Cement NewsThis week ICR reported that HeidelbergCement was to change its name to Heidelberg Materials. This transformation towards a building materials company occurred gradually over the last century as the company diversified towards the wider building materials markets rather than restricting its growth to its cement business. The new name will reflect the change in company outlook but it will not change 150 years of cement history. What’s in a name? HeidelbergCement will have considered long an... |