Cement News tagged under: Italcementi
Italcementi: 2013 turnover declines 5.4%07 March 2014, Published under Cement NewsItalcementi's 2013 turnover declined by 5.4 per cent to EUR4,235.4m while the underlying EBITDA way off by just 1.9 per cent to EUR631.0m. The depreciation charge declined by 6.5 per cent to EUR426.5m and impairment charges dropped by 89.6 per cent to EUR32.1m from EUR309.4m and the previous year's trading loss EUR140.2m was turned into a trading profit of EUR159.3m. Net financial charges rose by 31.1 per cent to EUR123.9m and the contribution from associates declined by 27.2 per cent to ... |
Italcementi approves capital hike, to delist Ciment Francais06 March 2014, Published under Cement NewsItalcementi approved a capital increase for up to EUR450m, and a voluntary public tender offer on all the minority shares it does not already own in French subsidiary Ciments Francais at EUR78/share. The plan, which includes the conversion of Italcementi savings shares into ordinary shares on a conversion ratio of 0.65 ordinary shares for each savings share, is part of efforts to boost and streamline the company's capital structure. Ciment Francais will be delisted from the Paris stoc... |
Italcementi: only Asia shows sales growth in 201307 February 2014, Published under Cement NewsItalcementi's turnover declined by 5.4 per cent in 2013 to EUR4235.4m, or by 2.2 per cent on a comparable basis. Group cement shipments declined by a further six per cent to 43.1Mt and the turnover from cement and clinker was down by 6.4 per cent to EUR2716.8m, with cement volumes lower everywhere other than in Asia and in North America. The concrete and aggregates turnover eased by 2.5 per cent to EUR1248.7m as shipments of aggregates declined by 4.2 per cent to 32.5Mt and ready-mixed co... |
India: Zuari Cement picks up 'Outstanding Company in Cement' award05 February 2014, Published under Cement NewsZuari Cement announced it won the "Outstanding Company in Cement Sector" Award as part of the Fourth EPC World Awards 2013. In a release, the company said it is a recognition for excellence. Now in its fourth year, the EPC World Awards is the foremost in its category that acknowledges the achievements of the companies and individuals from infrastructure, construction and real estate sectors. Zuari Cement (Italcementi Group) has a total cement manufacturing capacity of 6.2Mta in India, whi... |
Zuari Cement recognised for ‘outstanding’ performance, India31 January 2014, Published under Cement NewsZuari Cement, part of the Italcementi group, has been recognised as an 'Outstanding Company’ in the Indian cement sector at the 4th EPC World Awards 2013, having previously received the accolade in 2011. Zuari Cement was rewarded for its industry performance, originality and state-of-the-art operations. The EPC World Awards acknowledge the achievements of the companies and individuals from the infrastructure, construction and real estate sectors. Over the years, EPC World Awards have evolv... |
Italcementi breaks ground on new Kazakh kiln line10 December 2013, Published under Cement NewsThe Italcementi group has held a groundbreaking ceremony for a new kiln line at its Shymkent Cement in south Kazakhstan. Plant managing director, Gabriel Morin, said the capacity of the new dry-process cement line would be 1.2Mta. The project will take 20 months to complete, Kazakhstan General Newswire reported. "The new cement making technology line is expected to produce first clinker in mid-2015." After the launch of the new line, the old kiln will be shut down, Shymkent Cement's genera... |
Construction of Zuari Cement’s new grinding unit underway26 November 2013, Published under Cement NewsItalcementi subsidiary Zuari Cement has started construction of new grinding unit in the Solapur District in the western state of Maharashtra, India. The grinding centre is expected to be operational by the second quarter of 2015 and will have a production capacity of 1Mta. It is designed to double its capacity to cater for growing demand in the Maharashtra region, one of the largest cement consumption areas in the country, Italcementi said in a statement. The ground breaking ceremony wa... |
Italcementi 3Q13 sees cement sales in North America and Asia rise08 November 2013, Published under Cement NewsItalcementi Group sales for the year to 30 September 2013 reflected an easing in the reduction in volumes, assisted by continuing healthy performance in Asia, the confirmed upturn on the North American market and the slower decline in the EU area. The Group’s key operating results (net of income from the sale of CO2 emission rights) were substantially in line with the first nine months of 2012, despite a particularly negative exchange-rate effect. “Despite the stagnation in demand on the... |
Zuari Cement breaks ground on new grinding plant, India31 October 2013, Published under Cement NewsItalcementi group company Zuari Cement has launched the construction of a 1Mta grinding unit in Solapur, Maharashtra. The groundbreaking ceremony, held on Wednesday, was attended by Nabil Francis, Managing Director, Zuari Cement;, HS Ramesh, director – Business Development, and S Sundaram, VP - Projects. The new Maharashtra unit is expected to be operational in the second quarter of 2015 and will serve the southern and western parts of the state. The facility will also be designed to d... |
Global i.nova branding to revolutionise cement marketing30 September 2013, Published under Cement NewsItalcementi is changing the way we look at cement. The approach to the cement sector market is traditionally based on the standardised supply of a commodity, but Italcementi is offering a new approach. Using its i.nova system, customers will find it easier to distinguish and select, for instance, the acoustic insulating products that are grouped under the i.sound 'family', or the thermal insulating products grouped under the i.clime "family" or again, the products that remain in contact wit... |