Cement News tagged under: Schwenk
New Gävle terminal for Schwenk29 December 2023, Published under Cement NewsAfter two years of planning and construction Schwenk inaugurated a new terminal in the Swedish port of Gävle in December 2023. The new terminal is 45m high and has a volumetric capacity of 8000m 3 . It is expected to have a throughput capacity of more than 90,000tpa. |
Schwenk to increase stake in Akmenės Cementas04 June 2021, Published under Cement NewsGermany’s Schwenk has received approval to increase its stake in Lithuania's only cement manufacturer, Akmenės Cementas. It was already the majority shareholder at 50.42 per cent but is now set to increase this to 96.98 per cent. Schwenk Zement Beteiligungen will also acquire 75.41 per cent of Kalcitas, a limestone and clay producer, and 100 per cent of Cemeka and Lanku Bokstai. |
General Court dismisses challenge of antitrust ruling in Croatia06 October 2020, Published under Cement NewsHeidelbergCement and Schwenk have reportedly lost their challenge of the European Commission’s antitrust veto of their joint bid for Cemex’s Croatian operations, after Europe's second-highest court backed the decision. The European Commission said in its 2017 ruling that the companies' offer to grant competitors access to a cement terminal in southern Croatia was not sufficient to address competition concerns that the deal would push up cement prices in Croatia. The companies subsequen... |
Germany: leading the recovery05 October 2020, Published under Cement NewsThe German cement sector has fared better than most during the pandemic. Cement demand is forecast to remain stable this year, with a more cautious outlook for 2021. Meanwhile, producers are embracing the latest technology for a leaner, greener manufacturing base. HeidelbergCement’s plant at Burglengenfeld, Germany, was modernised in 2017-18 with a new kiln, baghouse and SNCR system Germany’s economic growth slowed to 0.6 per cent in 2019 from 1.5 per cent the previous year,... |
International Cement set to acquire Schwenk Namibia11 March 2019, Published under Cement NewsSingapore’s International Cement Group has entered into a conditional agreement to acquire a 100 per cent stake in Schwenk Namibia Pty Ltd for SGD141.89m (US$104.4m). This amount comprises of US$19.3m for its shares and another US$85.1m for the purchase of its loans, according to the Straits Times. Amongst its assets Schwenk Namibia owns a 69.8 per cent stake in Ohorongo Cement, which operates a 1Mta facility in north Otavi. International Cement noted that instead of building a new plant... |
Croatia: HeidelbergCement appeals Commission's decision28 February 2017, Published under Cement NewsHeidelbergCement AG has appealed against an EU Commission decision from 10 October 2016 that initiated an in-depth Phase II investigation into the joint acquisition of Cemex Croatia by HeidelbergCement and Schwenk. HeidelbergCement and Schwenk Cement jointly control Duna Dráva Cement ("DDC"), a Hungarian cement company that is the largest cement importer in Croatia. Cemex Croatia, the largest cement producer in Croatia, is a subsidiary of the Cemex Group. Schwenk has also appealed the dec... |
EC to investigate HeidelbergCement-Schwenk acquisition of Cemex Croatia11 October 2016, Published under Cement NewsThe plans of HeidelbergCement and Schwenk to acquire Cemex's Croatian subsidiary will be subject to review by the European Commission (EC). The transaction would result in the merger of Cemex Croatia, the largest domestic cement producer, with Duna Drava Cement, the largest importer and a subsidiary of the two German cement producers. After a preliminary analysis, the EC concluded that "the proposed transaction would remove a significant competitor in an already concentrated regional ... |
Schwenk invests EUR20m in grinding unit23 November 2012, Published under Cement NewsGermany’s Schwenk Zement will invest EUR20m in a new grinding plant, which is slated to work more efficiently, with lower energy requirement and reduced noise levels. Part of the equipment at the Allmending works is 30-40 years old, said works manager Jürgen Thormann, including a tube ball mill. As a result, the company will invest in a new unit – a roller mill. It is expected that work on the foundations will start this year, with the new mill entering operation in 2014. |
Hungary: building on traditions21 November 2011, Published under Cement NewsDemand for cement products as an essential construction material is a representative indicator of economic development and socio-economic “well-being” in Hungary. The Hungarian Cement Association gives a brief overview of recent developments in the country’s cement sector in the context of the nation’s recent economic performance and outlines the key trends going forward. In 2011, GDP growth in Hungary has been weaker than the European average. In the first quarter, the Hungarian eco... |
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