Cement News tagged under: Western Europe
Heidelberg Materials grows revenue 13% in 9M2204 November 2022, Published under Cement NewsHeidelberg Materials ’ revenue in the first 9M22 rose significantly by 12.9 per cent in comparison with the previous year to EUR15,802m (9M21: EUR13,996m). Excluding consolidation and exchange rate effects, the rise amounted to 12.3 per cent. In particular, price increases in all group areas contributed to the revenue growth. Changes to the scope of consolidation of EUR622m had a negative effect on revenue, while exchange rate effects of EUR624m had a positive impact. The result from... |
Italy’s cement output falls 8% in August04 November 2022, Published under Cement NewsItaly saw cement output decline by eight per cent YoY in August 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value dropped from 100 in July 2022 to 61 in August. In August 2022 cement prices were up 51 per cent when compared with August 2021 and but slipped from 190 in July to 189 in August 2022 on a price index basis (base year 2015). Grey cement imports in July increased by 66 per cent when compared with July 202... |
Cementir Group reports revenue of EUR1248m in 9M2204 November 2022, Published under Cement NewsCementir’s Group revenue from sales and services in the 9M22 reached EUR1248.2m, up 23.8 per ent compared to EUR1008.3m in 9M21. The increase in revenue is mainly due to price increases, offsetting higher costs for fuel, electricity, raw materials, transport and services, said Cementir. During the first nine months of 2022, Cementir announced its cement and clinker sales volumes, amounted to 8.2Mt, a fall of 1.7 per cent compared to the same period of 2021. The decline is mainly attr... |
Cookstown Cement rebrands to Cemcor04 November 2022, Published under Cement NewsCookstown cement plant in Northern Ireland acquired in January by LCC Group and David Millar for GBP56m (US$64.3m) has changed its name to Cemcor. The Cookstown plant, originally known as Lafarge Cement Ireland, was acquired by Cookstown Cement from Holcim. Since then Cookstown Cement has been led and co-owned by David Millar, a former executive with Lafarge. Cemcor has already begun to grow in stature with a GBP15m fleet of new branded tanker and curtain-sided vehicles on the roads ... |
Votorantim Cimentos completes acquisition of Heidelberg Materials assets in Spain03 November 2022, Published under Cement NewsVotorantim Cimentos announced that has completed the acquisition of all the businesses of Heidelberg Materials in the south of Spain, which includes a modern integrated cement plant located in Málaga , three aggregates quarries and 11 ready-mix plants in Andalusia region. In the last two years, Votorantim Cimentos has strengthened its presence in the Spanish cement market with the acquisition of the integrated cement plant of Cementos Balboa in Extremadura and now with the Malaga p... |
Holcim posts record 3Q performance01 November 2022, Published under Cement NewsHolcim reported record 3Q net sales of CHF8045m (US$8043.1m), up 10.4 per cent YoY and 16.3 per cent on a like-for-like (LfL) basis, from CHF7286m. Recurring EBIT edged 1.2 per cent (+7.7 per cent LfL) to CHF1551m in the 3Q22 from CHF1534m in the 3Q21. In the 9M22 group net sales increased 14.5 per cent (+13.9 per cent LfL) to CHF22,725m from CHF19,842m in the 9M21. Recurring EBITDA advanced to CHF3724m in the 9M21 from CHF3516m in the year-ago period. This represents a YoY rise of 5.9 p... |
Cement consumption in Spain down 3% in September31 October 2022, Published under Cement NewsSpain’s cement market contracted by 3.4 per cent YoY in September to 1,245,816t, according to Oficemen, the Spanish cement association. Moreover, the fifth-consecutive monthly decline has pushed the volume on a year basis into the red, with domestic cement sales contracting by 0.2 per cent YoY in the January-September 2022 period. External trade also lacks lustre as exports were down 5.4 per cent YoY to 4,251,175t in September. "Furthermore, the accumulated figure for the last 12 months (mo... |
Heidelberg Materials signs global licence agreement with Leilac28 October 2022, Published under Cement NewsHeidelberg Materials has signed an indefinite global licence agreement with the technology company Leilac, enabling the future scale-up of the joint carbon capture, utilisation and storage (CCUS) activities. The agreement sets out the terms of use for the company’s carbon capture technology in Heidelberg Material’s operations. Leilac provides a highly efficient, low-cost capture solution for unavoidable CO 2 process emissions in cement production. The agreement is the result of a longst... |
TITAN raises targets to limit global warming28 October 2022, Published under Cement NewsTITAN Group has not only reported robust decarbonisation results, it has also strengthened its commitment to net zero and updated its science-based CO 2 targets to levels aligned with limiting the global temperature increase to 1.5°C. According to the company, its new targets have been submitted to the Science Based Targets initiative (SBTi) for validation. In the third quarter of 2022, the group reduced its net CO 2 emissions by 5.5 per cent, or double the pace achieved in the equiva... |
Cementos Molins' revenue up 37% YoY in 9M2228 October 2022, Published under Cement NewsCementos Molins has reported revenue of EUR959m in the opening nine months of 2022, up 37 per cent on the same period a year earlier. According to the company, the increase is attributed to higher sales across all businesses and the significant contribution from acquisitions completed in 2021. On a like-for-like basis, revenue advanced by 14 per cent. EBITDA over the same period improved by 11 per cent to EUR208m, on the back of strong performances by the company’s South American and A... |