Cement News tagged under: Western Europe
Holcim reports net sales of CHF29,289m in 202224 February 2023, Published under Cement NewsHolcim reported its financial results for 2022 announcing net sales of CHF29,189m (US$31.2m) for 2022. This was a 12.9 per cent rise on a LfL basis compared to the prior year. The increase was driven by the fast expansion of the Solutions & Products division, which grew by 54 per cent compared to the previous year. Holcim CEO, Jan Jenish, said: " In 2022, we delivered record financial results with CHF 29.2bn in net sales, CHF 4.8bn in recurring EBIT, 9.5 per cnet ROIC and a record ... |
CEMEX signs ETFuels agreement24 February 2023, Published under Cement NewsCEMEX has signed an agreement with green fuels producer ETFuels, to transform CO 2 from CEMEX’s Alicante cement plant in Spain into green fuels. Under this agreement, ETFuels will combine up to 450,000tpa of captured CO 2 with green hydrogen to produce more sustainable fuels in the form of green methanol (e-methanol). CEMEX is evaluating several strategies and partners to perform CO 2 capture for this project. “Our goal of reaching net-zero CO 2 emissions is achievable and will b... |
Heidelberg Materials' revenue hits all-time high23 February 2023, Published under Cement NewsHeidelberg Materials has reported a 13 per cent YoY increase in group revenue to an all-time high of EUR21.1bn in 2022. Adjusted profit for the financial year also rose significantly, with adjusted earnings per share up 20 per cent YoY at EUR9.47. Good progress was seen in the company’s decarbonisation programme with specific net CO 2 emissions falling by a further two per cent. According to the company, higher energy and raw material prices had a significant impact on construction act... |
Spain's cement demand increases 5% in January23 February 2023, Published under Cement NewsCement consumption in Spain in January expanded by 5.4 per cent to 1,066,959t, according to Oficemen, the Spanish cement association. “We expected lower values at this beginning of the year, but it has been a particularly dry month in which the weather may have allowed us to recover part of the consumption lost in December due to heavy rains. The calendar effect has also had an influence, due to the absence of holidays. In fact, the average daily consumption has had a practically flat growt... |
New plant director for Holcim Jerez plant23 February 2023, Published under Cement NewsHolcim España has appointed José María Gómez as new plant manager of the company’s Jerez plant. His work will focus on promoting innovation and sustainability through circularity, resource efficiency and development of the environment to accelerate Holcim Group ’s green growth strategy. Mr Gómez was previously head of production at the Montcada I Reixac plant. He has a degree in Environmental Sciences from the University of Castilla-La Mancha and has more than 15 years of extensive ... |
Work accelerates on Slite CCS plant22 February 2023, Published under Cement NewsCementa ( Heidelberg Materials group ) is accelerating work to establish a full-scale carbon capture and storage (CCS) facility on Gotland, Sweden. The project, Slite CCS, is one of Sweden's most comprehensive climate change initiatives and is now being planned in a feasibility study. The goal is to transform the Swedish cement industry by 2030. When the CCS facility is ready in 2030, it will capture and store the Slite plant's total emissions of upwards of 1.8Mt aof CO 2 . This correspo... |
Holcim Spain invests EUR8m in AF at Toledo plant22 February 2023, Published under Cement NewsHolcim España has invested EUR8m in expanding its alternative fuel facilities at its Villaluenga de la Sagra cement plant in Toledo, Castilla-La Mancha province. The investment enables the plant to achieve a thermal substitution rate of 85 per cent and manage around 100,000t of waste. As a result, the Villaluenga de la Sagra works will reduce its CO 2 emissions by more than 30,000tpa. Carmen Díaz, CEO of Holcim España, said: “With this new module, we celebrate another step in our green ... |
Leilac signs MoU with Heirloom for direct air capture of CO222 February 2023, Published under Cement NewsLeilac, Calix's 93 per cent-owned subsidiary focussing on decarbonisation of cement and lime, has signed a Memorandum of Understanding (MoU) with Heirloom, a direct air capture (DAC) company. The partnership between Leilac and Heirloom, whose investors include Bill Gates-backed Breakthrough Energy Ventures, as well as existing Leilac shareholder Carbon Direct Capital Management, Ahren Innovation Capital and Microsoft, brings together two leading climate technologies to provide an innovati... |
Sika confirms record EBIT for 202221 February 2023, Published under Cement NewsSika has reported a record-high operating profit (EBIT) for 2022, coming in at CHF1579.7m (US$1709m), up 13.5 per cent YoY. The EBIT margin for 2022 stands at 15.1 per cent, compared to 15 per cent in the previous year. The company had already released its 2022 results in January this year, which saw sales exceed CHF10bn for the first time, but had predicted a record EBIT and an EBIT margin of 15 per cent, both of which have been now been confirmed. According to the company, at its AGM on ... |
Calderys and HarbisonWalker International appoint joint CEO21 February 2023, Published under Cement NewsFollowing the completion of HarbisonWalker International (HWI)’s acquisition by Platinum Equity by way of a merger agreement, the global investment firm confirmed Calderys and HWI will join forces to create a leading world-class refractories solutions provider. Michel Cornelissen, currently president and CEO of Calderys, is appointed Global CEO of the combined company, effective immediately. “We have a tremendous opportunity to bring together the best of both companies to create a high-gr... |