Cement News tagged under: HeidelbergCement

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Cement companies show positive performance in CDP ranking

28 January 2019, Published under Cement News

International 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 News

In 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...

HeidelbergCement updates on portfolio optimisation

15 January 2019, Published under Cement News

HeidelbergCement has reported that it closed the divestment of its 50 per cent share in Ciment Québec and its minority participation in Syria in December 2018. In addition, a former cement plant area in the Cairo metropolitan area, Egypt, has been auctioned and the divestment of its Ukrainian business has been signed. The closure of both the latter transactions is expected to occur in 2019. These divestments have a total value exceeding EUR150m and is expected to have a slightly positive e...

HeidelbergCement reports rise in revenues and earnings for 3Q18

08 November 2018, Published under Cement News

HeidelbergCement saw a 7.2 per cent rise in revenues to EUR4.943bn in 3Q18 from EUR4.61bn in the year-ago period. EBITDA fell 6.3 per cent to EUR750m in July-September 2018 from EUR800m in July-September 2017 while net profit increased by 12 per cent to EUR580m from EUR518m in the year-ago period. HeidelbergCement reported a five per cent rise in cement and clinker sales to 35.1Mt in the third quarter of 2018 from 33.4Mt in 3Q17. Following adjustment for the disposal of its US white cement...

Kryvyi Rih plant orders ESP to baghouse conversion

30 October 2018, Published under Cement News

CTP Team has recently signed a contract for the replacement of the existing electrostatic precipitator (ESP) with a modern bag filter with HeidelbergCement, a project to be carried out at the cement producer's plant in Kryvyi Rih, Ukraine. CTP Team will supply a new baghouse equipped with SWAP bag cleaning technology, which uses low-pressure compressed air. The new filter will take into account the strict demands made by the existing surroundings. CTP will design the new filter to make use ...

Romania's Competition Council launches cement market investigation

25 October 2018, Published under Cement News

Romania's Competition Council (RCC) is investigating possible anti-competitive practices between the three domestic market cement producers – Holcim Romania, CRH Ciment Romania and HeidelbergCement Romania. It is reported in the Romania Insider that the three companies are suspected of having split the local market in terms of market shares, product offer, production sales levels, technical development and investments. The investigation will also look at possible price-fixing starting from ...

Quarry Life 2018 Award winners announced

25 October 2018, Published under Cement News

A team from the University of South Wales has won HeidelbergCement Group's Quarry Life Awards 2018 for its biodiversity project. The project investigated the value of translocating ancient woodland soils with quarried landscapes at Forest Wood quarry, Mid-Glamorgan, in Wales. The winners picked up a prize of GBP4400 at the ceremony held at Hanson's former sand and gravel quarry at Middleton Hall, Tamworth. The winning team, led by Dr David Lee, senior lecturer in wildlife ecology, c...

HeidelbergCement partially adapts 2018 outlook

18 October 2018, Published under Cement News

Today, HeidelbergCement has made a new assessment of the current business year based on preliminary numbers for the 3Q18. Sales volumes and revenue of the first nine months of 2018 developed within expectations and the guidance for the full year remains unchanged. However, the outlook for 2018 is adapted to a low- to mid-single-digit percentage decline (previously: mid- to high-single digit percentage increase). HeidelbergCement said in a statement that: "The reason for the adjustment is...

HeidelbergCement applies for Atlas quarry expansion

05 October 2018, Published under Cement News

HeidelbergCement has applied for an expansion to its Atlas quarry to enable the company to extract more raw materials for its Paderborn cement works in southern Germany. The application covers an area of 9ha to be added to the current 29ha exploitation permit. The 420 x 220m area runs continuous with the existing quarry and is expected to be quarried to a depth of 55m, around 5m above the water table, according to the company.

HeidelbergCement

02 October 2018, Published under Cement News

HeidelbergCement subsidiary Suez Cement Co, which came with the purchase of Italcementi, has agreed in principle to sell the El Minya white cement works to Emaar Industries Company. The El Minya works was completed in 1991 and has a capacity of 1Mta and is located in the Cairo area, to the north of the city. It is held through Helwan Cement Co, which first has to split out its white cement operations. That procedure is likely to take some months. Emaar Industries is controlled by the D...