Cement News tagged under: UK
Breedon reports uptick in revenue in 1H2424 July 2024, Published under Cement NewsBreedon Group has announced underlying revenue of GBP764.6m (US$985.9m) in the first half of 2024, up three per cent from GBP742.7m in the same period a year earlier. According to the company, this has been supported by its entry into the US. Underlying EBITDA over the same time frame has advanced five per cent to GBP118.1m, while the EBITDA margin has risen slightly from 15.1 per cent in the 1H23 to 15.4 per cent in the same period a year later. Underlying profit before tax has declined s... |
Aggregates Industries UK names new CEO24 July 2024, Published under Cement NewsHolcim has announced Lee Sleight as the new CEO of Aggregate Industries UK . He will take up his position on 1 August 2024. Mr Sleight joined the business in 2021 as managing director of the ready-mixed concrete division and in his time there transformed the business. Last year he moved to take up the role as managing director of the aggregates division. He has more than 20 years of experience in the construction industry holding various senior leadership positions. Outgoing CEO ... |
Cemex announces EPD publication for its UK cement products19 July 2024, Published under Cement NewsCemex UK has published Environmental Product Declarations (EPDs) for products at its Rugby and Tilbury cement plants. The EPDs have been gained for cement delivered in bulk tankers, covering more than 80 per cent of manufactured cements. Paul Fletcher, head of sustainability for Cemex Europe, comments that, “Achieving third-party verification through the International EPD System provides independent and transparent information of our cement’s environmental performance over the entir... |
Recycled cement paste offers decarbonisation opportunities17 July 2024, Published under Cement NewsProceedings of the National Academy of Sciences (PNAS) have published a new study, which found that recycling cement paste is one of the cheapest and most efficient methods of reducing emissions from cement production. Led by experts at Imperial College London’s Department of Civil and Environmental Engineering, this research explores how waste cement paste that has undergone CO 2 mineralisation can be a cost-effective method of cement emissions reduction. The study found that CO 2 mine... |
MPA welcomes new UK government planning reforms16 July 2024, Published under Cement NewsPlans set out by new UK Chancellor, Rachel Reeves, to overhaul the UK’s planning system and boost housebuilding have been welcomed by the Mineral Products Association (MPA), which is calling for the same approach to be applied to minerals planning. On her first full day in the job, with a clear emphasis on housebuilding and energy generation, the chancellor outlined the new government’s intention to reform the National Planning Policy Framework, review greenbelt boundaries and revive onshor... |
Bestway Group acquires shares in UNBL UK16 July 2024, Published under Cement NewsBestway Group of the UK, which has a stake as a parent company in cement and bank operations in Pakistan, will notice the exchange of shareholding patterns among two banking businesses in Pakistan and Great Britain. According to AHL Research, United Bank Ltd (UBL operation in Pakistan) has finalised the sale of its 55 per cent stake in United National Bank Ltd UK (UNBL UK) to Bestway Group, having obtained all the necessary and stringent regulatory approvals, ensuring the legality and sec... |
Loesche wins UK mill order12 July 2024, Published under Cement NewsLoesche has been awarded an order by Aggregate Industries UK Ltd ( Holcim group ) for the delivery of a grinding plant for the Port of Tilbury, London, in 2025. The centrepiece of this plant will be a Loesche vertical roller mill type LM30.2 CS. The scope of supply includes a LSKS dynamic classifier, process filters, nuisance filters, hot gas generator, mill fan, structural steelwork and ducting. The new facility is designed for Aggregate Industries to supply customers 24h/day with conve... |
Carbon8's CO2 capture technology is validated by DNV10 July 2024, Published under Cement NewsDNV has validated the methodology developed and used by Carbon8 to reduce carbon emissions. Carbon8’s patented technology permanently captures CO 2 at source from hard-to-abate industries and DNV has verified that Carbon8’s methodology satisfies the ISO 14064 part 2 standard. Eager to demonstrate authenticity, quality and traceability, Carbon8 selected DNV to validate and authenticate its methodology. The ISO 14064 part 2 requirements specifically relate to quantifying, monitor... |
The Materials Processing Institute received GBP4.2m for EconoMISER programme03 July 2024, Published under Cement NewsThe Materials Processing Institute has received a GBP4.2m (US$5.3m) investment as part of the groundbreaking EconoMISER programme, new CEO Terry Walsh has announced. The Teesside-based Institute is a key member of the Foundation Industries Sustainability Consortium (FISC) tasked with delivering the UK Research and Innovation (UKRI) funded initiative to scale up sustainable technologies. Mr Walsh, who took over as Institute CEO this week, said: “This support will fund investment in cutt... |
Power Cement Ltd tapped new export markets, including the US and UK02 July 2024, Published under Cement NewsPower Cement Ltd held its analyst briefing on 26 June, during which management reviewed past performance and looked ahead. The company posted a loss of PKR1.2bn (US$4.32m) in 9MFY23-24 compared to a profit of PKR0.6bn in the previous period. Top company officials primarily attributed the loss to higher financial charges (up 39 per cent YoY) during the period amidst elevated interest rates. The company’s total sales of 9MFY23-24 increased by 13 per cent YoY to 2.1Mt, driven by 72 per cen... |