Cement News tagged under: Western Europe

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Cementos Molins appoints new CEO

08 March 2024, Published under Cement News

Cementos Molins has appointed Marcos Cela as the new CEO. He succeeds Julio Rodríguez, who has held the job for the last nine years. The change comes after Rodríguez’s request to resign from his duties as the company's chief executive officer, and will be effective as of end of June, following the Shareholders Annual General Meeting, when Mr Cela’s appointment is to be officially confirmed.  The change in the company’s leadership is the result of a carefully-planned process that took plac...

Breedon enters US with BMC Enterprises acquisition

07 March 2024, Published under Cement News

Breedon Group has announced its acquisition of BMC Enterprises Inc (BMC) for US$300m, marking the group’s entry into the US. BMC is a supplier of ready-mixed concrete, aggregates and building products, headquartered in St Louis, Missouri. The deal gives Breedon the opportunity to launch a scalable third platform. "This transaction will give us a platform that is well-placed to grow in the highly-fragmented US construction market, is culturally aligned with Breedon and has a familiar pe...

Scotland's MPA calls for mineral forum

07 March 2024, Published under Cement News

Scotland’s economic development and drive for decarbonisation depend on domestically available mineral products, according to a new document from the Mineral Products Association Scotland (MPAS) that sets out a series of policy recommendations for the Scottish government. The document, ‘Priorities for Scotland’, highlights the role played by Scotland’s mineral production sector, which manufactures around 30Mt of aggregates, concrete and asphalt each year.  Essential for renewable energy...

Breedon posts record revenue in 2023

06 March 2024, Published under Cement News

Breedon Group has announced record revenue of GBP1487.5m (US$1893.5m) in 2023, up seven per cent from the GBP1396.3m seen in the previous year. EBIT over the same period declined two per cent from GBP148m to GBP145.7m, while profit before tax slipped one per cent from GBP135.8m to GBP134.4m. According to the company, the record revenue was due to improved pricing, which offset a two per cent reduction in volumes, reflecting the challenging macroeconomic conditions.  In terms of volumes,...

Italian cement slips in 2023 with moderate 2024 forecast

06 March 2024, Published under Cement News

Italian cement output expanded eight per cent YoY in December 2023, according to the Italian concrete association, Federbeton. This was largely driven by robust demand from local public sector works, which totaled EUR18.1bn in the year to December. However, cement output contracted two per cent for 2023 as a whole, weighed down by sluggish activity in the construction sector. Data from the national statistics provider, ISTAT, shows construction output contracted 0.1 per cent for the year....

Kunak wins SantanderX Global Challenge

06 March 2024, Published under Cement News

Kunak, a leading environmental monitoring   and Internet of Things (IoT) specialist, has won the SantanderX Global Challenge, an international competition that promotes the advancement of the digital economy through innovative solutions in the IoT. In the challenge Kunak competed with participants from 11 countries, where our proposal was recognised in the category of growing technology companies. Kunal’s CEO, Javier Fernández Huerta, received the award during the 4YFN event, held as part ...

Leilac-2 moved to Ennigerloh plant

05 March 2024, Published under Cement News

Calix has confirmed that the Leilac-2 carbon capture project, which was to be installed at Heidelberg Materials’ Hanover plant in Germany, will now be constructed at the cement producer’s Ennigerloh plant, also in Germany. The decision to move the project was the result of Heidelberg Materials opting to end clinker production at the Hanover facility.  The Leilac-2 project aims to demonstrate a replicable module that can efficiently capture up to 100,000tpa of unavoidable process CO ...

FLSmidth Cement closes MAAG gears sale

05 March 2024, Published under Cement News

With reference to the announcement made on 22 January 2024, FLSmidth Cement has now closed the sale of its MAAG gears and drives business to the Swedish investment company, Solix Group AB. The transaction does not change FLSmidth’s previously-announced financial guidance for the full year 2023.

thyssenkrupp Polysius wins Schwenk Zement activated clay project

04 March 2024, Published under Cement News

Schwenk Zement GmbH & Co KG has commissioned thyssenkrupp Polysius to build a demonstration plant in Alllmendingen for the production of activated clay without calcination. After the planned commissioning in 2025, the CO 2 emissions resulting from the production of cement containing clay will be significantly reduced. The new plant is based on an all-electric clay activation process jointly developed by thyssenkrupp Polysius and Schwenk Zement without calcination and without fuels. ...

Saint-Gobain posts 6% decline in sales in 2023

04 March 2024, Published under Cement News

Saint-Gobain has reported sales of EUR47,944m in 2023, down 6.4 per cent from EUR51,197m in the previous year. EBITDA over the same period declined 1.7 per cent from EUR7123m to EUR7001m, while consolidated net debt fell 10.2 per cent from EUR8232m to EUR7393m. Recurring earnings per share were down 1.4 per cent from EUR6.48 in 2022 to EUR6.39 in 2023. Operating income fell 1.6 per cent YoY, coming in at EUR5251m in 2023, with an operating margin of 11 per cent, marking a new record high, ...