Cement News tagged under: Western Europe

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Breedon completes asset acquisition from Cemex

03 August 2020, Published under Cement News

Breedon has completed completion the acquisition of certain assets and operations from Cemex, as announced on 8 January 2020. As previously indicated, the Competition and Markets Authority (CMA) has instructed that these assets should be held separate from Breedon until it has completed its investigation. Accordingly, the assets will be operated as Pinnacle Construction Materials (Pinnacle), a newly-created ring-fenced business led by an independent management team and operating from its o...

Vicat's 1H20 results see consolidated sales of EUR1.3bn

31 July 2020, Published under Cement News

Vicat has announced 1H20 results with consolidated sales of EUR1.304bn, down 2.7 per cent from EUR1.340bn in 1H19. EBITDA reached EUR213m, representing a decline of 6.7 per cent on EUR228m earned in 1H19. The EBITDA margin stood at 16.3 per cent in the 1H20 compared with 17 per cent in 1H19. First-half operational sales of the cement business rose 0.9 per cent on a reported basis, and 1.9 per cent at constant scope and exchange rates. The concrete and aggregates business recorded a...

FCT Combustion to install Turbo-Flex™ burner at Couvrot plant

31 July 2020, Published under Cement News

FCT Combustion has just delivered a new Turbu-Flex™ burner to a client in France! The Turbu-Flex™ will be installed at Ciments Calcia's Couvrot plant in France, after the installation of its new calciner. The targets of the project are maximised use of alternative fuel, as well as improved control of the combustion. Commissioning is expected for 2021.

HeidelbergCement's 1H revenue declines by 10% to EUR8.25bn

30 July 2020, Published under Cement News

HeidelbergCement Group revenues decreased by 10.4 per cent to EUR8.254bn compared to  EUR9.212bn in 1H19 and the company posted a loss of EUR3.095bn for the 1H20. In addition to lower sales volumes, the decline in revenue is also due to the changed business policy at HC Trading, reported HeidelbergCement. Cement sales reached 56.3Mt in the 1H20, a decline of seven per cent from 61Mt in the 1H19. Aggregate sales totalled 134.8Mt in the 1H20, down seven per cent from 145.6Mt in the 1H19 and r...

LafargeHolcim records net sales of CHF10.7bn in 1H20

30 July 2020, Published under Cement News

LafargeHolcim recorded net sales of CHF10.693bn (US$11.7m), a decline of18.1 per cent compared to the prior year of CHF13.059bn, reflecting the severe impact of the implementation of strict lockdowns of construction sites in several major operating countries. The strong appreciation of the Swiss franc against all currencies accounted for 6.2 per cent of the absolute decrease. Following the easing of the lockdowns, net sales in all five regions resumed prior-year levels by the end of June. R...

Titan Group's 1H20 revenues stable at EUR786m

30 July 2020, Published under Cement News

Titan Group consolidated revenue in the 1H20 amounted to EUR786.3m, remaining largely stable (+0.1 per cent) over the same period the previous year. Group cement and cementitious volumes reached 7.9Mt in the 1H20, down two per cent from 8.1Mt in the 1H19. Ready-mix sales edged up 1.3 per cent YoY to  2.64Mm 3 from 2.6Mm 3 in 1H19, while aggregate volumes totalled 9.2Mt, up 2.6 per cent from 8.9Mt in 1H19. EBITDA was up 12 per cent YoY, reaching EUR136.8m, while the group's EBITDA margin r...

Sutco RecyclingTechnik GmbH wins order to build Subcoal® production line for N+P

30 July 2020, Published under Cement News

N+P has signed a contract to rebuild its Dutch production line, Subcoal Production FRM BV, located in Farmsum, The Netherlands. The new production line will have a capacity of over 170,000tpa. To be able to process this amount, N+P have also signed a lease to extend the available storage and production area. German-based Sutco RecyclingTechnik GmbH was awarded the contract to completely overhaul the existing production facility. The contract is subjected to financial close, which is expect...

Breedon Group sees revenue decline by 25% to GBP353.3m in 1H20

29 July 2020, Published under Cement News

Breedon Group Plc announced its interim (unaudited) results for the six months ended 30 June 2020 with revenue reaching GBP353.3m, representing a 25 per cent drop from GBP447.4m in 1H19. Breedon recorded cement sales of 0.8Mt in the 1H20, down from 1Mt in 1H19, while ready-mix sales declined to 1Mm 3 in the 1H20 from 1.5Mm 3 in the 1H19. Breedon also sold 8Mt of aggregates and 1Mt of asphalt in the period, down from 9.9Mt and 1.4Mt, respectively in the 1H19. Despite the COVID-19 lockdown ...

Quinn Cement takes delivery of new Feldbinder cement tankers

28 July 2020, Published under Cement News

Quinn Cement has received delivery of five new Feldbinder triaxle cement tankers as part of Quinn Building Products' Fleet and Mobile Plant Replenishment Programme in Northern Ireland. The new tankers have been paired up with tractor units purchased in the second half of 2019, said Quinn Cement. The tractor units have all been fitted with truck-mounted blowers, which are lighter and more efficient than traditional tank-mounted equipment. The combined trucks and trailers have performed well ...

FLSmidth's 2Q20 preliminary report sees 29% decline in order intakes

27 July 2020, Published under Cement News

FLSmidth released its preliminary 2Q20 report ahead of the full interim 2Q20 results due to the volatility in order intake and revenue combined with the suspension of guidance caused by COVID-19. Across all regions, the mining industry and especially the cement industry have been negatively affected by the pandemic. In the 2Q20, organic order intake declined 29 per cent and organic revenue dropped 26 per cent YoY. Order intake totalled DKK3348m (US$526.2m) compared to DKK4954m in 2Q19. Reve...