Cement News tagged under: Scandinavia

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Scandinavia’s CO2 conundrum

07 November 2022, Published under Cement News

The Scandinavian countries of Denmark, Norway and Sweden are home to ~7.3Mta of cement production capacity. This is at odds with government plans to quicken the pace of decarbonisation in a bloc that already has one of the world’s most aggressive CO 2 targets. Yet, greater use of alternative fuels, carbon taxes and advances in CCUS may help solve this conundrum. As Scandinavia invests in modern infrastructure, it is mindful of the need to decarbonise and take care of its landscape...

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...

Cementir bets on US for 2018-20 revenue targets

29 June 2018, Published under Cement News

Cementir will seek long-term value creation by doubling earnings per share by 2020 compared to 2017, announced Francesco Caltagirone, chairman and CEO of the Italian cement producer this week at the company's investor conference in Milan' According to the group's ambitious 2018-2020 business plan, the company is targeting revenues and EBITDA of EUR1.34bn and EUR270m, respectively, by 2020, while net debt is forecast to fall to EUR50m at the end of the period.

 The USA is seen as the main g...

Klaipeda terminal expansion to boost Akmenes Scandinavian exports

20 September 2017, Published under Cement News

The cement loading terminal under development at the port of Klaipeda, Lithuania, will enable Akmenes Cementas to boost its exports to Scandinavia, according to business daily Verslo Zinios. "It will make it easier to hold talks with potential buyers in Scandinavia, as our response to their needs will be more flexible and timely. We will be able to gradually accumulate cement at the terminal, we will not have to bring the entire amount needed for the ship by train cars at a time, as this ...