Cement News tagged under: Switzerland
Swiss cement deliveries stable in 1Q2020 May 2020, Published under Cement NewsCement deliveries in Switzerland including Liechtenstein remained largely stable in the 1Q20 at 872,104t, just slightly down from 874,275t reported in 1Q19, according to Cemsuisse, the Swiss cement association. In the 1Q20, 40.1 per cent of deliveries were made by rail, while the rest was transport by road. Ready-mix concrete plants accounted for 73.5 per cent of take-off while 17.8 per cent of deliveries were supplied to in-situ concrete systems at large construction sites and 5.2 per cen... |
LafargeHolcim propose dividened and re-elect board members at AGM13 May 2020, Published under Cement NewsLafargeHolcim shareholders confirmed the proposed distribution of a dividend of CHF2.00 per registered share (US$2.06/registered share) of LafargeHolcim Ltd from capital contribution reserves. The dividend is not subject to Swiss withholding tax. The Annual General Meeting confirmed Beat Hess as chairman of the company’s Board of Directors. Except for Paul Desmarais Jr, who did not stand for re-election, all other existing members of the Board were confirmed in office. On behalf of the Boa... |
Switzerland prepares to lower NOx limits09 April 2020, Published under Cement NewsThe Swiss Federal Department of the Environment has published a review of the country’s air protection ordinance, in which it plans to lower the limit values for NO x by more than half – from 500 to 200mg/m 3 . The revision of the legislation is in consultation until 20 August 2020. The step will require the country’s cement plants to adapt their emission control process to meet the new legislation. At Ciments Vigier, Director Oliver Barbery said the industry had been preparing for it fo... |
Swiss cement industry joins EU ETS28 January 2020, Published under Cement NewsFrom 1 January 2020 Swiss cement companies are participating in the EU Emissions Trading Scheme (EU ETS). Based on the polluter-pays principle, the scheme will allow the sector to be exempt from carbon levies collected in Switzerland. Moreover, Swiss ETS participants will also be allowed to trade emission allowances in the larger EU market as the two systems have been linked since the start of the year. Cemsuisse, the Swiss cement association, believes the system is an effective tool as i... |
Swiss cement deliveries down 5% in 201917 January 2020, Published under Cement NewsDeliveries by the Swiss cement industry fell by 4.9 per cent YoY to 1,034,914t in the fourth quarter of 2019 from 1,088,196t in the 4Q18. The latest figures published by Cemsuisse show a softening cement market after a promising first quarter with 4.8 per cent growth. In the 2Q19 and the 3Q19 the market contracted by -0.2 and 1.5 per cent, respectively. For the full-year 2019 cement demand fell 1.7 per cent to 4,214,785t from 4,289,401t in 2018. Cemsuisse also reported that despite rail ... |
No large acquisitions for LafargeHolcim29 October 2019, Published under Cement NewsLafargeHolcim does not expect to be bidding for BASF’s construction chemicals business, according to CEO, Jan Jenisch. Following the divestment of some of its businesses and using the proceeds to pay down debt, the cement producer is more likely to look at smaller transactions and investment in its existing operations, Mr Jenisch said. "It's not like we have a couple of billions we want to throw at anyone. We are quite happy to have this new solid balance sheet, and have no plans to go ba... |
LafargeHolcim doubles net income and reports 4% net sales growth31 July 2019, Published under Cement NewsLafargeHolcim posted a like-for-like (LfL) net sales growth of 3.5 per cent YoY in the first half of 2019. Sales increased from CHF13.272bn (US$13.4bn) in the 1H18 to CHF13.059bn with gains in all regions but particularly thanks to favourable market conditions in Europe and north America. Recurring EBITDA (pre-IFRS16) increased 10.8 per cent to CHF2.662bn from CHF2.484bn in the previous year’s first six months. Net income attributable to share holders of LafargeHolcim Ltd more than doubled... |
Swiss cement deliveries fall to 1.176Mt in 2Q1908 July 2019, Published under Cement NewsCement deliveries in Switzerland declined 3.6 per cent in the 2Q19 when compared to the 2Q18, according to Cemsuisse, the Swiss cement association. Sales in the April-June quarter 2019 came in at 1.176Mt. In the 2Q18 cement sales reached 1.22Mt. In the first quarter sales increased 4.8 per cent YoY to 0.874Mt and when compared with the 1H18, total cement sales in the first half of 2019 have slipped by 0.2 per cent. |
Sika sees successful start to the year09 April 2019, Published under Cement NewsSika has reported a successful start to 2019 business year, reporting a new sales record of CHF1644.8m (EUR1462m) in the first quarter. This equates to an increase of 7.1 per cent in local currencies. A negative currency effect (-1.3 per cent ) led to robust sales growth in Swiss francs of 5.8 per cent . Paul Schuler, Chief Executive Officer: “In a commercially challenging environment we have delivered sales growth of 7.1 per cent, which represents a strong start to the new business... |
Switzerland sees 5% increase in cement deliveries08 April 2019, Published under Cement NewsCement deliveries by the Swiss cement industry increased 4.8 per cent YoY to 874,275.2t in the 1Q19, according to the country’s cement association, Cemsuisse. It follows a 2.2 per cent YoY to 834,251.6t in the 1Q18. The market expansion was driven by a 6.8 per cent rise in the sales of lower-carbon CEM II cements. The share of CEM I cements in total deliveries continued to decline to 7.9 per cent. In addition, the share of deliveries by rail was declining with around half of deliveries m... |