Cement News tagged under: Western Europe
Irish Cement named as one of biggest polluters09 May 2023, Published under Cement NewsIrish Cement Ltd (part of CRH ) has been named among Ireland’s biggest climate polluters, according to a report in the Irish Independent. The cement producer joins other household brands, such as Ryanair and Pfizer, with the latest records showing that a group of just 100 factories, power plants and airlines emitted around 25Mt of CO 2 in Ireland in 2022. Irish Cement currently runs the 2.8Mta integrated Platin cement plant and the 1.2Mta integrated Limerick works. |
Italian cement production up 3% in February05 May 2023, Published under Cement NewsCement production in Italy increased by three per cent YoY in February 2023, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value advanced from 66 in January to 87 in February 2023. Cement prices in February 2023 remained stable MoM at 212 when compared with the base year of 2015 (=100). Federbeton reported a 35 per cent increase when compared with February 2022. External trade Grey cement imports in January 2023 advance... |
Cementos Molins reports 25% YoY revenue growth in 1Q2304 May 2023, Published under Cement NewsCementos Molins has reported revenue of EUR342m in the first quarter of 2023, up 25 per cent YoY. According to the company, sales have improved across all businesses and regions, driven by both volume and selling prices. On a like-for-like basis, revenue improved by 38 per cent. EBITDA over the same period advanced by 47 per cent YoY to EUR86m, with a strong contribution from Spain and Mexico. Like-for-like EBITDA increased by 64 per cent. Net profit in the 1Q23 came in at EUR37m, marki... |
Sika completes MBCC acquisition04 May 2023, Published under Cement NewsSika has completed its acquisition of MBCC Group. Based in Germany and formerly owned by an affiliate of Lone Star Funds, MBCC Group is active in the field of construction systems and admixture systems. To close the transaction and to comply with regulatory requirements, Sika sold MBCC Group’s chemical admixtures assets in the UK, USA, Canada, Europe, Australia and New Zealand to the international private equity firm Cinven. The business now acquired by Sika generated sales of CHF2.1bn (U... |
Taiwan Cement Group plans green bond04 May 2023, Published under Cement NewsTaiwan Cement Group is planning to issue green bonds through its subsidiary in Europe, marking the first time the group has sold such bonds to finance environmentally-friendly projects. In a statement to the Taiwan Stock Exchange, Taiwan Cement Co (TCC) said its energy storage subsidiary NHOA SA in Italy will sell convertible green bonds with a maturity of five years, aiming to raise EUR250m (US$276m). In July 2021, through its subsidiary Taiwan Cement Europe Holdings BV, TCC acquired... |
Holcim and Air Liquide join forces to decarbonise new Obourg plant02 May 2023, Published under Cement NewsAir Liquide and Holcim have signed a Memorandum of Understanding (MoU) to pursue a project to decarbonise Holcim’s new cement production plant under development in Belgium, using Air Liquide's proprietary Cryocap TM carbon capture innovative technology. Thanks to Air Liquide’s unique carbon capture innovative technology, Holcim will be able to reduce emissions by up to 1.1Mta CO 2 . The new cement production plant announced will be replacing an existing asset. This partnership form... |
Heidelberg Materials supplies Europe's largest 3D printed building01 May 2023, Published under Cement NewsUsing a special 3D concrete printing material from Heidelberg Materials , the largest 3D printed building in Europe is currently being constructed in Heidelberg, Germany. Printing of the building began at the end of March 2023 and is expected to complete at the end of July 2023. Once completed, the commercial building by real estate company KRAUSGRUPPE, which will be around 54m long, 11m wide and 9m high, will house a data centre. Heidelberg Materials is supplying around 450t of i.tech®... |
CBR to change its name to Heidelberg Materials Benelux01 May 2023, Published under Cement NewsCBR ( Heidelberg Materials ) will see its name change on 22 November 2023. CBR will then officially become Heidelberg Materials Benelux. The Belgian company’s first trucks with the new logo are already on the roads. |
CRH supplies major highway project in Utah28 April 2023, Published under Cement NewsCRH is playing an integral part in the West Davis Corridor project in Utah, USA. The 27km (17-mile), four-lane greenfield highway project will include freeway-style interchanges and 10 miles of new trails for biking and walking. Construction of the corridor began in 2021 and will require 7.2Mt of aggregates, 445,000t of asphalt and 42,050m 3 (55,000 cubic yards) of ready-mixed concrete. Staker Parson Materials & Construction, a CRH company, is delivering key components to the project,... |
CRH shareholders back US listing27 April 2023, Published under Cement NewsCRH has confirmed that it will be pursuing a US primary listing, along with a US equity index inclusion “as soon as possible”, said the company. North America now accounts for around 75 per cent of the group's EBITDA and is expected to be a key driver of growth in the future. “We believe a US primary listing will bring increased commercial, operational and acquisition opportunities for our business, further accelerating our successful integrated solutions strategy and delivering even h... |