Cement News tagged under: Western Europe

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Holcim proposes Michael H McGarry as independent Board of Directors member

01 March 2024, Published under Cement News

Holcim proposes Michael H McGarry, formerly chairman and CEO of PPG Industries, a leading global specialty coatings company, for election to its Board of Directors. The election will take place at Holcim’s Annual General Meeting on 8 May 2024. All other members are standing for re-election. Jan Jenisch is proposed for re-election as chairman of the Board.  With the proposed nomination, the Holcim Board will comprise 10 members, nine of whom are independent according to the Swiss Code of...

Cementos Molins reports record results in 2023

29 February 2024, Published under Cement News

Spain-based Cementos Molins closed 2023 with revenues of EUR1349m, up six per cent YoY with gains across all businesses and regions as sales increased and price management impacted positively on the company’s results. EBITDA advanced 22 per cent YoY to EUR337m thanks in particular to the contribution of the company’s Spanish and Mexican operations. Higher volumes, successful efficiency plans and increases in selling prices all played a role in improving the operational result. However, the...

Rohrdorfer Zement breaks ground on CO2 capture plant

29 February 2024, Published under Cement News

Rohrdorfer Zement is building Austria's first large-scale CO 2 recovery plant in the cement industry. Climate Protection Minister Leonore Gewessler, Provincial Councillor Markus Achleitner and Provincial Councillor Stefan Kaineder broke ground at Rohrdorfer Zement GmbH in Gmunden this week.   The plant can recover 30,000tpa of CO 2 , enabling the production of 50,000tpa of CO 2 -free cement. The plant is scheduled to go into operation in late autumn 2026.

Schwenk Zement terminates Namibian purchase agreement

29 February 2024, Published under Cement News

The purchase agreement between Schwenk Zement International GmbH and RWCo GmbH regarding shares in Schwenk Namibia (PTY) Ltd has been cancelled. The agreement, which was signed on 6 April 2023, was for 100 per cent of the shares in Schwenk Namibia, which holds, inter alia, 69.83 per cent of Ohorongo Cement (PTY) Ltd and 100 per cent of Energy For Future (PTY) Ltd. The agreement was waiting on the approval of the Namibian Competition Commission (NaCC).  According to RWCo, rather than a...

Holcim Spain joins Green Building Council Spain

29 February 2024, Published under Cement News

Holcim Spain has joined the Green Building Council Spain (GBCE) with the aim of promoting circular and sustainable construction practices in the building sector. According to the company, through this alliance it will offer all its expertise in the development of cutting-edge materials and solutions aimed at the construction of sustainable and carbon-neutral cities, while the GBCE will provide meeting spaces and the exchange of knowledge for the generation of proposals and initiatives.  ...

Eqiom to boost Lumbres capacity by 57%

29 February 2024, Published under Cement News

Eqiom , part of Ireland’s CRH group, has announced plans to increase the cement production capacity at its Lumbres plant in France from 0.7Mta to 1.1Mta by 2026, marking a 57 per cent expansion. The EUR300m investment will include the installation of a new kiln, which aims to lower the plant’s CO 2 emissions by 20 per cent, reduce its NO x emissions by 40 per cent, cut its SO 2 emissions by 80 per cent, and reduce the facility’s fuel consumption by around 35 per cent. 

Holcim posts record results in 2023

28 February 2024, Published under Cement News

Holcim has posted record results in 2023 with full-year net sales of CHF27,009m (US$30,662m), compared to CHF29,189m in the previous year. Recurring EBIT over the same period advanced from CHF4752m to CHF4760m, while operating profit improved from CHF3221m to CHF4577m. Earnings per share declined from CHF5.48 in 2022 to CHF5.37 a year later. According to the company, the record results were driven by positive price over cost in cement, aggregates and ready-mix.  Commenting on the result...

Heidelberg Materials supports German Vice Chancellor's stance on CCS

28 February 2024, Published under Cement News

Germany's Vice Chancellor, Robert Habeck, has presented a legislative bill containing amendments to the law on carbon storage, and guidelines for a German carbon management strategy. The announcement on 26 February 2024 represents a significant change in German policy, as carbon capture and storage (CCS) is currently banned in the country.  Mr Habeck stressed that Germany cannot meet its climate targets without CCS. In addition, the technology for CCS is important for the competitiveness ...

ACT selected for The Buildings and Climate Global Farm event

28 February 2024, Published under Cement News

ACT, Ecocem' s groundbreaking low-carbon cement technology, has been selected to showcase at 'The Buildings and Climate Global Farm', that will build on the progress made at the recent United Nations Climate Change Conference (COP28). Ecocem’s ACT has already received a European Technical Assessment. This confirms ACT as a safe, high performance, scalable, low-carbon, and energy efficient alternative to traditional cement, claims Ecocem. It opens a route to full commercialisation for the t...

Martin Engineering expands in Italy

27 February 2024, Published under Cement News

US-based bulk handling equipment specialist Martin Engineering has opened a new facility in Italy. The move follows a restructuring of the company’s Italian business to help improve growth and enhance customer service. Having been present in Italy for more than 30 years, the move to a new warehouse near Monza forms part of the company’s strategy to widen its ability to solve bulk handling problems in sectors such as recycling, glass, steel, paper and ports. The company’s range of CleanScr...