Cement News tagged under: Italy
Buzzi and Nuada present Monselice CO2 capture project18 October 2024, Published under Cement NewsOn 10 October 2024 the Monselice cement plant in Italy hosted a meeting to present the Nuada CO 2 capture and decarbonisation project, launched last spring, to the local community. The event began with opening remarks from Paolo Zelano, CEO of Buzzi, and Paolo Paoletti, the plant director. Group Technical Director, Luigi Buzzi, illustrated the principles of the ‘Our Journey to Net Zero’ roadmap, a long-term plan for decarbonisation, in line with the objectives set by the European Gree... |
Rezzato Mazzano CCS feasibility study launched30 September 2024, Published under Cement NewsHeidelberg Materials’ Rezzato Mazzano cement plant in the province of Brescia, Italy, is expected to be the first plant in the country to produce carbon captured net-zero cement and concrete. The plant has begun a feasibility study for a decarbonisation project. It is hoped that the Rezzato Mazzano carbon capture project will be part of a larger decarbonisation programme involving carbon capture and storage at Ravenna . Phase 1 of the Ravenna CCS project is being carried out by a join... |
Italian cement grows in June03 September 2024, Published under Cement NewsItalian cement output expanded three per cent YoY in June. This follows a five per cent YoY expansion in May, according to the latest data from Italian concrete association, Federbeton. In year-to-date terms, cement output rose two per cent YoY in the January-June 2024 period. This is up on the five per cent YoY contraction recorded in the first half of 2023. Import and export data, which lag production data, show grey cement imports jumped 42 per cent YoY to 212,148t in May, with a to... |
Buzzi sees weak regional volume performance in 1H2407 August 2024, Published under Cement NewsBuzzi Spa signalled that unfavourable weather conditions and falling sales contributed to regional performances being slightly down in the 2Q24, leading to lower cement volumes in the 1H24. Cement and ready-mix concrete sales in Italy declined in the first six months of 2024 by 5.9 per cent and 6.4 per cent, respectively, due to the abundant rainfall across the country during the spring months. Net sales in Italy came in at EUR414.4m, down 2.3 per cent from EUR424.1m in the 1H23. EBITD... |
Buzzi SpA reports net profit fall of 2% in 1H2406 August 2024, Published under Cement NewsBuzzi SpA has reported a 4.5 per cent drop in net sales to EUR2054m in the 1H24 when compared with net sales of EUR2150m in the 1H23. Cement and clinker sales fell by eight per cent to 12.017Mt from 13.057Mt in the 1H23. Ready-mix concrete sales decreased by 8.8 per cent to 4.664Mm 3 from 5.116Mm 3 in the 1H23. The company's consolidated EBITDA reached EUR553m, down 3.9 per cent on the 1H23 result. Recurring EBITDA declined 4.1 per cent YoY to EUR548m from EUR572m in the 1H23. Consol... |
Growth for Italian cement in May02 August 2024, Published under Cement NewsItalian cement output rebounded in May with growth of five per cent YoY. This follows a decline of two per cent YoY in April, according to the latest data from Italian concrete association, Federbeton. In year-to-date terms, cement output rose two per cent YoY in the January to May period. This is up on the seven per cent YoY contraction recorded in the same period of 2023. Import and export data, which lag production data, show grey cement imports jumped 78 per cent YoY to 243.268t in... |
Cementir post decline in 1H revenue but improves net profit30 July 2024, Published under Cement NewsCementir ’s consolidated revenue slipped by 3.4 per cent YoY to EUR811.8m in the first half of 2024 from EUR840.7m in the 1H23. Non-GAAP consolidated revenue declined by 7.5 per cent YoY to EUR803.3m from EUR868.2m over the same period. The company saw higher sales volumes across its product range. Volumes of grey, white cement and clinker edged up by 0.3 per cent YoY to 5.127Mt, supported by higher sales in Turkey, the USA and Malaysia. Meanwhile, ready-mixed concrete volumes picked up by... |
Italy cement output cools in April04 July 2024, Published under Cement NewsItalian cement output has cooled in recent months. Output shrank two per cent YoY in April, adding to the 11 per cent YoY contraction reported in March, according to the latest data from Italian concrete association, Federbeton. This follows four consecutive months of expansion. In year-to-date terms, cement output rose one per cent YoY in the January-April period. Strong local government and infrastructure spending will underpin cement demand in 2024. Import and export data, which l... |
Advancing carbon neutrality through enhanced WHR24 June 2024, Published under Cement NewsIn addition to reducing power costs, waste heat recovery (WHR) systems can help cement plants to achieve their goal of carbon-neutral cement production. By Exergy, Italy Exergy’s organic Rankine Cycle waste heat recovery installation in Cementi Giovanni Rossi’s cement plant in Pederobba, Italy (© Exergy) I n 2015 the Paris Agreement established a global imperative to mitigate climate change, setting a target of limiting global warming to 1.5°C. Central to achieving this g... |
Buzzi to increase stake in Cement Nacional to 100%20 May 2024, Published under Cement NewsItaly-based Buzzi SpA said it will increase its stake in Brazilian cement producer Cimento Nacional (NCPAR) to 100 per cent from the current 50 per cent as its joint venture partner, Grupo Ricardo Brennand , exercises its put option, according to a statement by the company. The price will be determined based on existing agreements and may also vary depending on the exchange rate of the real. The total investment is currently estimated EUR290-310m (US$315m-337m) and will be funded with ... |