Cement News tagged under: HeidelbergCement

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HeidelbergCement sells Stockholm property

23 December 2014, Published under Cement News

As part of its asset structure optimisation, HeidelbergCement is selling its property at Lövholmen, Stockholm, Sweden, to enable residential development. The company currently operates a cement terminal at the location, which it plans to move to an industrial zone at Värtan, Stockholm. The agreed minimum price of the property is around EUR115m and the deal is subject to several conditions, including the adoption of development plans for both areas. It is expected to be finalised in late 2...

HeidelbergCement reopens Ukraine factory

18 December 2014, Published under Cement News

HeidelbergCement has reopened its 1.8Mta plant in eastern Ukraine a month after closing it due to pro-Russian rebels in the regions wanting to impose their own agenda on the production process. The situation now has changed and the company is about to sign a contact with a new security firm, HeidelbergCEment CEO Bernd Scheifele said. The re-launch of the production process was closely coordinated with the Foreign Office, the CEO said. The conflict in Ukraine has led to serious infras...

Power crisis reduces Ghacem output

15 December 2014, Published under Cement News

Ghana’s largest cement producer, Ghacem, said that ongoing power cuts to manufacturing industries have “significantly” reduced its output, leading to concerns on supply shortages and a potential rise in prices. The Electricity Company of Ghana (ECG) earlier this month announced that it is cutting power supplied to industries by as much as 25 per cent to create an artificial reserve margin to stabilise the power sector, which it said is under immense pressure to meet rising demand. Under the...

HeidelbergCement honours International Quarry Life Award winners

10 December 2014, Published under Cement News

The winners of HeidelbergCement’s International Quarry Life Award were yesterday honoured at an award ceremony held in Prague, Czech Republic. The Quarry Life Award was established by HeidelbergCement to generate innovative ideas for promoting and protecting biodiversity at its quarry sites. Almost 400 proposals from 22 countries were submitted in 2014, of which 95 were selected for the competition in five different categories: Biodiversity and Education, Innovation and Biodiversity, Biodi...

HeidelbergCement AG announces Fritz & Maczoil as ‘Preferred Supplier’

26 November 2014, Published under Cement News

The VAS IT-Logistic solution of Fritz & Maczoil has become an integral part of HeidelbergCement AG’s “Logistic Efficiency Optimization” (LEO) initiative. A considerable cost reduction in the fields of logistics for the corporate group is the aim by introducing an integrated material-flow management system. Globally several plants in the business lines of cement, aggregates (sand and gravel) as well as concrete will be equipped with VAS from Fritz & Maczoil. In this context Fritz & Maczoil ...

HeidelbergCement halts production at Ukraine factory

18 November 2014, Published under Cement News

HeidelbergCement has halted production at its 1.8Mta cement factory in Donetsk, eastern Ukraine after pro-Russian rebels in the regions wanted to impose their own agenda on the production process, a HeidelbergCement spokesperson has said. “The separatists had their own ideas about how the business should be run,” said the German building materials group, which has three plants in Ukraine. The company was unwilling to co-operate with the separatists and would abide by EU sanctions, it said....

HeidelbergCement shows strong growth in Great Britain

06 November 2014, Published under Cement News

HeidelbergCement's turnover improved by 2.7 per cent to €10,127m in the first nine months of the 2014 and the EBITDA was 5.7 per cent ahead at €1794m. At the trading level, the profit increased by 10.9 per cent to €1241m and after a net interest charge 12.1 per cent higher at €463m, an associates contribution 14 per cent lower at €17m and a lower net exceptional items contribution, the pre-tax profit declined by 15.3 per cent to €803m, giving a the net attributable profit 33.5 per cent down ...

HeidelbergCement won't bid for Lafarge and Holcim assets

03 November 2014, Published under Cement News

HeidelbergCement has said it will not bid for any of the assets up for sale by rivals Lafarge and Holcim as part of their planned merger. “After a thorough analysis, HeidelbergCement has decided to refrain from the ongoing bidding process for the assets offered for sale of Lafarge and Holcim in the frame of its merger proceedings, “ the German cement major said in a statement. There had been speculation that HeidelbergCement would use the anticipated proceeds from the announced sale of its...

HeidelbergCement recognised as 'best improver'

17 October 2014, Published under Cement News

HeidelbergCement has been honoured as the 'best improver' in disclosure of environmental information among the 350 largest-listed companies in the Germany-Austria-Swittzerland (DACH) region by the Carbon Disclosure Project (CDP). HeidelbergCement now ranks among the top five companies in the energy and materials sector. The company received the accolade during the CDP Leadership Award Conference & Ceremony, held in Munich yesterday. Accepting the award, Rob van der Meer, public affairs di...

Industry majors reportedly teaming up for LH asset disposals

09 October 2014, Published under Cement News

CRH is reportedly teaming up with Cemex to bid for all the assets that Lafarge SA and Holcim Ltd will have to sell to secure the approval of European competition authorities for their proposed merger, Reuters reported on Tuesday. HeidelbergCement AG of Germany and Brazil's Votorantim Cimentos SA also are understood to be considering a joint bid for the assets, according to sources familiar with the matter cited by Reuters. The groups would be competing with several private equity bidders f...