Cement News tagged under: HeidelbergCement

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Cementa to ration deliveries from December

18 November 2021, Published under Cement News

Cementa has announced it is preparing to ration deliveries from December 2021 due to the uncertainty on the future of its Slite facility. The site in Gotland represents three quarters of cement used in the domestic construction industry. The HeidelbergCement subsidiary saw its continued exploitation of its limestone mining operation blocked by the Swedish environmental court. The cement producer sought a three-year temporary extension to its current permit while it prepares to apply for a ...

HeidelbergCement sells southern Spanish assets to Votorantim

11 November 2021, Published under Cement News

After having announced to sell regional businesses in Catalonia, Madrid, Asturias and on the Balearic Islands, HeidelbergCement now signed a contract to sell its southern Spain business to Votorantim Cimentos.   The sale includes the 1.4Mta integrated cement plant in Malaga, three aggregate sites, and 11 ready-mixed concrete sites in Andalusia. Both companies have agreed not to disclose the purchase price. "With this transaction, Votorantim Cimentos strengthens its business in Sp...

HeidelbergCement sets 2030 CCUS targets

08 November 2021, Published under Cement News

Dr Dominik von Achten, chairman of the Managing Board of HeidelbergCement, has set out HeidelbergCement’s 2030 targets for carbon capture and storage utilisation (CCUS) during a state visit by the German Federal President, Frank-Walter Steinmeier, to Norway on 4-5 November 2021.   Dr Dominik von Achten said: “We target CO 2 -reductions of up to 10Mt with several CCUS projects already underway by 2030. One example is the CCS project at the Slite cement plant on the Swedish island of Go...

HeidelbergCement sees 7% rise in revenue for 9M21

04 November 2021, Published under Cement News

HeidelbergCement has posted a seven per cent YoY increase in revenue to EUR13.996bn (US$16.17bn) for the first nine months of the year, against EUR13.14bn in the year-ago period. The result from current operations before depreciation and amortisation (RCOBD) grew by six per cent to EUR2.896bn from EUR2.731bn. “HeidelbergCement has achieved a good result in the first nine months of 2021. The general conditions in the third quarter were very challenging due to the exceptionally high year-on-...

Soaring freight rates prompt cement sector reaction

29 October 2021, Published under Cement News

This week, we are taking a look at the rising costs of dry bulk freight and the resulting impact on the cement industry. Earlier this month, the Baltic Dry Index, a global indicator of bulk freight rates, reached 5670 , marking its highest level since September 2008. Dry bulk rates on the whole have been steadily rising with spot rates for large dry cargo ships, such as Capesize, topping US$80,000 a day in the opening week of October – up 50 per cent in just two weeks. Much of the ri...

Extractive Sector Species Protection Code is launched

29 October 2021, Published under Cement News

A new ‘Extractive Sector Species Protection Code of Conduct’ has been launched by a collaboration between teh European Commission, HeidelbergCement, CEMBUREAU, BirdLife International, European Aggregates Association (UEPG) and Euro Gypsum. The guidelines are deigned to ensure best practice management of temporary habitats as well as during initial quarry extraction and rehabilitation. The code builds on the provisions of the EU Commission’s Birds and Habitats Directive, and provides a che...

Norcem to invest in alternative fuel technology to lower CO2 emissions

28 October 2021, Published under Cement News

Norcem is investing NOK80m (US$9.53m) at its Kjøpsvik cement plant to help reduce CO 2  emissions. Norcem's owners announce that the funds will be invested in the factory by 2023.   Plant manager, Trond Kaasa, says the investment testifies that the owners are satisfied with the production facility. "This shows without a doubt that our owners believe and bet on us. The investments will go to a number of different measures at the factory, which overall reduce the CO 2  footprint. Techni...

HeidelbergCement agrees to 68% stake in Tanga Cement

27 October 2021, Published under Cement News

HeidelbergCement has signed an agreement to acquire 68 per cent of the shares in the Tanzanian cement producer Tanga Cement. The step aims to strengthen its local business and create significant synergies with its existing assets in Tanzania, says the company in a statement. Through its subsidiary Tanzania Portland Cement, the largest cement-producing company in the country, HeidelbergCement already has a good market position in Dar es Salaam in eastern Tanzania. As part of this transactio...

HyNet North West consortium chosen for CCUS funding scheme

21 October 2021, Published under Cement News

Hanson UK (HeidelbergCement) and its partners in the HyNet North West consortium have been chosen for funding under the British government’s carbon capture, usage and storage (CCUS) cluster sequencing process. The announcement will result in economic benefits to the region, safeguarding existing jobs and creating around 6000 new employment opportunities. It also gives Hanson the confidence to invest in a carbon capture plant at its Padeswood cement works, which will connect to the planned...

Cimtogo raises price due to input price pressures

18 October 2021, Published under Cement News

HeidelbergCement subsidiary Cimtogo will increase its cement price by XOF6000/t (US$10.60), according to Republic of Togo. “This adjustment became necessary following a 250 per cent increase in fuels for the Scan Togo plant and an increase of more than US$35 per tonne in sea freight on gypsum and coal. In the current international context, it is no longer possible to maintain the old prices,” explained Eric Goulignac, CEO of Cimtogo on Saturday.