Cement News tagged under: HeidelbergCement

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02 March 2017, Published under Cement News

The 2016 preliminary figures from HeidelbergCement show a 12.6 per cent improvement in turnover for last year to EUR15,166m (US$ 15,963.43) but eased by some two per cent on a comparative basis. The EBITDA advanced by 12.5 per cent to EUR2939m and the trading profit was ahead by 7.5 per cent to EUR1984m, or by around three per cent adjusting for currency movements and changes in the scope of consolidation. Boosted by the addition of Italcementi, group sales of cementitious materials ro...

Egypt: Tourah Cement sees improving net loss in 2016

02 March 2017, Published under Cement News

Tourah Cement has reported improved company results in 2016. The company reduced its net loss from EGP218.97m (US$13.5m) in 2015 to EGP151.05m in 2016. Tourah Cement is a subsidiary of Suez Cement, which is owned by Germany’s HeidelbergCement.

Croatia: HeidelbergCement appeals Commission's decision

28 February 2017, Published under Cement News

HeidelbergCement AG has appealed against an EU Commission decision from 10 October 2016 that initiated an in-depth Phase II investigation into the joint acquisition of Cemex Croatia by HeidelbergCement and Schwenk. HeidelbergCement and Schwenk Cement jointly control Duna Dráva Cement ("DDC"), a Hungarian cement company that is the largest cement importer in Croatia. Cemex Croatia, the largest cement producer in Croatia, is a subsidiary of the Cemex Group. Schwenk has also appealed the dec...

China National Building Materials (CNBM)

27 February 2017, Published under Cement News

China Triumph International Engineering Co (CTIEC), a subsidiary of CNBM, has been contracted to supply turnkey services to the Phase IV coal transportation project at HeidelbergCement’s Shymkent cement plant in Kazakhstan. With a production capacity of 1.3Mta it is the largest plant in the country.  The contract marks the first project won by CTIEC since HeidelbergCement bought a 45 per cent stake in Italcementi, including the Shymkent plant, in 2016. In 2014 the plant was upgraded with ...

HeidelbergCement releases 4Q16 and 2016 results

14 February 2017, Published under Cement News

HeidelbergCement saw its cement volumes rise by 50 per cent YoY to 30.8Mt from 20.5Mt in the 4Q16, according to a company statement. Aggregates sales volumes recorded an increase of 16 per cent YoY to 73.3Mt (previous year: 63.3Mt). They include the shipments of Italcementi in France, Italy, Spain, Greece, Morocco and North America. In the 4Q16 total ready-mixed concrete deliveries rose also due to consolidation effects by 27 per cent to 12.1Mm 3 (previous year: 9.6Mm 3 ). Grou...

The world in 2016 and outlook for 2017

10 February 2017, Published under Cement News

This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por...

Emerging markets to remain unpredictable in 2017

03 February 2017, Published under Cement News

The year 2017 is expected to be a difficult one to negotiate for large cement corporations that have high exposure to emerging markets as major price and volume issues are now surfacing.   In recent years several of the major cement groups sought to focus investment and new capacity in the emerging markets, safe in the knowledge that these markets would be the engine of cement consumption growth in the long term. Currently, 60 per cent of LafargeHolcim's EBITDA exposure is in the emergin...

Georgia: Gebr Pfeiffer mill for Heidelberg's Kaspi plant

10 January 2017, Published under Cement News

Gebr Pfeiffer has received an order from HeidelbergCement for a vertical roller mill, which is due to be set up in its new 3000tpd kiln line at the group’s Kaspi plant in Georgia. The mill will be type MPS 4000B, equipped with an SLS 3750B classifier, and has been designed for a capacity of 270tph raw meal. The mill is to be delivered with an enlarged housing to allow raw material with moisture levels of up to 10 per cent to be dried almost exclusively with available preheater gases. C...

USA: Bessemer Cement partly under Argos ownership

10 January 2017, Published under Cement News

Argos USA purchased 13.92 acres of the 114 acre Bessemer Cement plant site from Essroc Cement Corp for US$1,226,026 in November 2016, according to a deed of transfer from the local recorders Office, reports New Castle News. Jeff Sieg of Lehigh Hanson Inc explained to New Castle News that the sale was part of a Federal Trade Commission required divesture of certain assets related to HeidelbegCement's acquisition of Italcementi. In a press release last August, HeidelbergCement announce...

HeidelbergCement announces Quarry Life Award winners of 2016

12 December 2016, Published under Cement News

On 8 December 2016, the winners of the International Quarry Life Award were presented in Brussels, Belgium. This was the third edition of this bi-annual competition established by HeidelbergCement to explore innovative ideas to promote biodiversity at quarry sites. More than 450 proposals from 21 countries were submitted in 2016, of which 94 were selected for the competition in different categories: Habitat and species research, Biodiversity management, Education and raising awareness, Bey...