Cement News tagged under: HeidelbergCement
New Kaspi production line enters tough market environment18 February 2019, Published under Cement NewsThis week HeidelbergCement opened its new US$100m dry-process clinker line at its Kaspi cement plant in Georgia. The new 3000tpd line was originally expected to open at the end of 2018 but had a small delay. The new capacity increases HeidelbergCement’s presence in the local market, where it already operates the terminal at Supsa as well as the Rustavi plant and grinding plant at Poti. It has been a testing last 12 months for the Georgian operations of HeidelbergCement. In August 2018 the... |
New Kaspi production line enters tough market environment15 February 2019, Published under Cement NewsThis week HeidelbergCement opened its new US$100m dry-process clinker line at its Kaspi cement plant in Georgia. The new 3000tpd line was originally expected to open at the end of 2018 but had a small delay. The new capacity increases HeidelbergCement’s presence in the local market, where it already operates the terminal at Supsa as well as the Rustavi plant and grinding plant at Poti. It has been a testing last 12 months for the Georgian operations of HeidelbergCement. In August 2018 the... |
Kaspi Cement opens new 1Mta production line12 February 2019, Published under Cement NewsHeidelbergCement Georgia reports that they have carried out the full modernisation of the Kaspi Cement plant and have opened a new 1Mta production line. Preparatory works for the plant's modernisation project were launched in September 2016, with a US$100m investment in the project. The project was implemented with support from the Georgian Co-Investment Fund and Honeywell Partners. Within the project, a high-standard filtration system and special equipment for continuous emission control ... |
HeidelbergCement reportedly considers selling Ukrainian assets11 February 2019, Published under Cement NewsHeidelbergCement is reportedly considering the sale of its assets in Ukraine, according to Interfax-Ukraine. "HeidelbergCement is selling its assets in Ukraine. The deal is to be held in March-April of this year. The buyer will be the Ukrainian investment group Concorde Capital," said a source for the news agency. HeidelbergCement Ukraine owns three plants in the country – Kryvyi Rih, Kamyanske and Amvrosiyivka. As yet, the company has not commented on the alleged sale. |
HeidelbergCement targets cash generation04 February 2019, Published under Cement NewsThis week the trend for divestments from the large multinationals was again demonstrated by LafargeHolcim's admission that it may seek a buyer for its operations in the Philippines , but it is not alone in trying to seek markets with higher returns. The selling hat is also being worn by HeidelbergCement, which held its Commerzbank German Investment Seminar 2019 in New York on 14 January. Dr Bernd Scheifele, Group CEO, gave a presentation update on the performance of the group in 2018 with s... |
HeidelbergCement targets cash generation01 February 2019, Published under Cement NewsThis week the trend for divestments from the large multinationals was again demonstrated by LafargeHolcim's admission that it may seek a buyer for its operations in the Philippines , but it is not alone in trying to seek markets with higher returns. The selling hat is also being worn by HeidelbergCement, which held its Commerzbank German Investment Seminar 2019 in New York on 14 January. Dr Bernd Scheifele, Group CEO, gave a presentation update on the performance of the group in 2018 with s... |
Ciments du Maroc Board appoints new MD01 February 2019, Published under Cement NewsThe Board of Ciments du Maroc, owned by HeidelbergCement via the Italcementi group, has appointed Matteo Rozzanigo as new managing director, effective 1 February 2019. He replaces Hakan Gurdal who remains as Board Director East Africa and Mediterranean Basin. A graduate of the Polytechnic University of Milan, Italy, he has held several posts in Italcementi since 2007, including MD of FYM, the Spanish subsidiary. From 2016 he has worked as Development Director Southwest Europe for Heidelber... |
Romanian cement market valued at EUR650-700m in 201830 January 2019, Published under Cement NewsThe value of the Romanian cement market is estimated between EUR650m-700m (US$743m-800m) and is primarily supported by three large players: LafargeHolcim, HeidelbergCement and CRH. The three cement majors reported around RON3bn in total sales in 2018, representing a YoY rise of 10 per cent. LafargeHolcim’s Romanian operations were valued at EUR633m, followed by CRH (EUR469m) and HeidelbergCement (EUR410m). |
Cement companies show positive performance in CDP ranking28 January 2019, Published under Cement NewsInternational organisation CDP has released its annual ‘A List’ which names the world’s leading businesses and scores them on their approach to climate change, water security and deforestation. The ranking is from A to D-, with F indicating a failure to provide sufficient information to be evaluated. The score assesses the level of detail and comprehensiveness of the response to CDP’s questionnaire, as well as the company's awareness of climate change issues, management methods and progres... |
Will 2019 be noted as a year for acquisitions?18 January 2019, Published under Cement NewsIn the last week, HeidelbergCement has completed its divestment of its 50 per cent share in Ciment Quebec and its minority participation in Syria (Al Badia Cement via the Italcementi acquisition). The company also auctioned its Helwan plant in Egypt and divested its Ukrainian businesses, as it targeted divestments of EUR1.5bn by 2020. This is on the back of selling its stake in Lehigh White Cement in 2018. Having acquired Italcementi, HeidelbergCement has had to modify its swollen portfo... |