Cement News tagged under: HeidelbergCement

RSS feed

HeidelbergCement reduces its shareholding in Ciments du Maroc to 51%

02 December 2019, Published under Cement News

HeidelbergCement has announced the sale of around 0.5 million shares representing 3.6 per cent of Ciments du Maroc's share capital for an aggregate amount of approximately EUR73m. The shares were sold to certain Moroccan institutional investors through a block trade. Following this transaction, HeidelbergCement will retain a controlling stake of 51 per cent in Ciments du Maroc and continue to fully consolidate the company. "HeidelbergCement is fully committed to remain the long-term majo...

Lehigh Cement announces CCS feasibility study at Edmonton plant

29 November 2019, Published under Cement News

HeidelbergCement’s North American subsidiary, Lehigh Cement, and the International CCS Knowledge Centre have announced a feasibility study for a full-scale carbon capture and storage (CCS) project. The project would seek to capture the majority of the CO 2 emissions from the flue gas of Lehigh’s Edmonton plant in Alberta, Canada.  "This is a North American first in the cement industry to examine the feasibility of full-scale CCS as a definitive solution to cut greenhouse gas emissions," ...

Ciments du Maroc reports 4% rise in 9M turnover

29 November 2019, Published under Cement News

Ciments du Maroc, the Moroccan subsidiary of HeidelbergCement, has posted a 9M19 turnover of MAD2.67bn, up 3.8 per cent YoY. For the third quarter of 2019, the company reported revenues of MAD831m, representing a three per cent fall when compared with the 3Q18. The fall is due lower cement sales volumes as construction sites wound down activity in August. However, turnover is expected to increase by two per cent for the full year of 2019.

HeidelbergCement outlines plans to raise Indian capacity

19 November 2019, Published under Cement News

HeidelbergCement is expecting to take both organic and inorganic routes to increase capacity to 20Mta from 12Mta in India, according to The Hindu. "We are looking for cement companies with a capacity ranging from 5-10Mta," said J N Cooper, managing director of HeidelbergCement’s Indian operations. “We are in talks with cement firms that do not want to get into the National Company Law Tribunal. But we are unable to give more details.” Regarding pending projects, he said the company is awai...

Heidelberg Cement Bangladesh announces acquisition of ECBL & EPCL

13 November 2019, Published under Cement News

Heidelberg Cement Bangladesh Ltd has informed the Dhaka Stock Exchange that the company's Board of Directors has approved the acquisition of 100 per cent of the shareholding of Emirates Cement Bangladesh Ltd (a private company limited by shares incorporated in Bangladesh and engaged in cement production) and Emirates Power Co Ltd (a private company limited by shares incorporated in Bangladesh and engaged in generating and supplying electricity) from UltraTech Cement Middle East Investments L...

HeidelbergCement orders latest version of INFORM's Transport Optimisation Software

11 November 2019, Published under Cement News

HeidelbergCement has successfully rolled out the latest version of INFORM's transport optimisation software for the building materials industry. The new version (V10) features an overhauled user interface (UI) and decision-making engine. Inspired by feedback from customers and partners, INFORM designed the new UI to accelerate user adoption, while the updated algorithms further increase truck fleet productivity. "We have been using INFORM’s AI based transport optimisation software for over...

HeidelbergCement records 7% rise in group revenue for the 9M19

08 November 2019, Published under Cement News

HeidelbergCement has reported a seven per cent increase in group revenue to EUR14.3bn for the first nine months of 2019, compared with EUR13.4bn in the year-ago period. Excluding consolidation and exchange rate effects, revenue advanced by four per cent YoY. Results from current operations before depreciation and amortisation rose by 17 per cent YoY to EUR2.6bn from EUR2.3bn in the 9M18. The company attributed the results to growth in sales volumes and successful price increases, which mor...

Hanson secures rail deal to supply Hinkley Point C project with cement

05 November 2019, Published under Cement News

Hanson Cement (HeidelbergCement group) has agreed a new contract with GB Railfreight for seven years. The new deal will provide freight services for bulk cement from the Ketton works in Rutland, Lancashire, to terminals at London King's Cross, Avonmouth in Bristol and Mossend in Glasgow. GB freight will operate nine trains a week for cement deliveries in the UK for Hanson Cement which are in part for the construction of the Hinkley Point C nuclear power station. John Smith, managin...

Votorantim

28 October 2019, Published under Cement News

Votorantim is among the companies believed to be interested in buying LafargeHolcim’s Australian and New Zealand divisions, according to The Australian. The cement giant is reportedly considering exiting the two countries in a bid to drive down debt levels. Cement Australia Pty Ltd and Cement Australia Partnership (CACAP) is the company that LafargeHolcim operates as in Australia. It currently operates two integrated plants at Railton, Tasmania and Gladstone, Queensland, and two grinding ...

Cembureau members look to pilot test new EC building assessment framework

17 October 2019, Published under Cement News

Three member-companies of Cembureau, the European Cement Association, have successfully completed a pilot test of the European Commission's new building assessment framework, Level(s). Level(s) is a voluntary building assessment framework covering six broad areas: greenhouse-gas emissions, resource use, water use, healthy and comfortable spaces, resilience to climate change, and life-cycle cost. The buildings tested by Cembureau's members were a sustainable single-family housing developme...