Cement News tagged under: Western Europe
FLSmidth to complete ThyssenKrupp Mining acquisition in August12 August 2022, Published under Cement NewsFLSmidth has announced that all conditions and requirements for the acquisition of thyssenkrupp’s Mining business (TK Mining) have been met. In accordance with the sale and purchase agreement, final closing of the transaction will take place on 31 August 2022. All regulatory clearances have been obtained without imposition of any competition related remedies. The combination of FLSmidth and TK Mining will create a leading global mining technology and service provider with operations fro... |
Sustainability at Loesche 2021 report released10 August 2022, Published under Cement NewsLoesche has published its first sustainability report in July 2022. The report refers to the calendar year 2021. It informs about the company's own strategies in the areas of environment, social and corporate governance (ESG) as well as about Loesche 's innovative products and services that help the customers to achieve their sustainability goals, cement, mining and waste products are covered. "Loesche has always focused on improving process efficiency and reducing consumption in al... |
Start-up of Saipem's carbon capture pilot plant09 August 2022, Published under Cement NewsThe Hafslund Oslo Celsio CO 2 capture plant in Klemetsrud, Norway, has been started up with CO 2 Solutions technology provided by Saipem. This plant is the pilot of the ACCSESS project, a four-year Horizon 2020 project that aims to demonstrate technologies and produce tools and plans that aim to consolidate carbon dioxide capture and utilisation or storage (CCUS) technologies. The pilot marks the first important milestone of the ACCSESS project.The CO 2 Solutions technology is part of S... |
Buzzi Unicem regional performances in 1H2205 August 2022, Published under Cement NewsBuzzi Unicem reported positive development of deliveries in the United States, central Europe, Poland and the Czech Republic in the 1H22, as well as a continued slowdown in Italy and Ukraine. In Ukraine, at the end of February 2022, Buzzi Unicem was obliged to suspend production and commercial activities in both of our factories. At the end of March, with the repositioning of the conflict in the east and south-east of the country, the activity resumed at the Volyn plant, in the northwes... |
Carbon Clean makes new sales appointments05 August 2022, Published under Cement NewsCarbon Clean has boosted its global sales team with appointments that cover Asia, Europe and the Middle East. Lim Beng Chong joins as sales director Asia-Pacific, based in Singapore. Federico Cruzzolin has been hired as sales Manager Europe and is based in Frankfurt, Germany. While Niraj Singh has been promoted to sales manager Middle East and Africa and will be located in Mumbai, India. These appointments follow the recent record US$150m Series C funding round and the company’s... |
Buzzi Unicem net sales rise 17% in 1H2204 August 2022, Published under Cement NewsBuzzi Unicem recorded 1H22 net sales at EUR1880m, up 17 per cent compared to the 1H21 and EBITDA at EUR365m, an increase of 3.6 per cent on the 1H21. Favourable foreign exchange rates had an effect of EUR77m on net sales and of EUR19m on EBITDA. Cement sales volumes dropped by four per cent in the 1H22 to 14,233t, compared to the 14,833t in the 1H21.The overall favourable development recorded in the first three months of the year was followed by a slower second quarter, with the excepti... |
Italy’s cement output down in May 202201 August 2022, Published under Cement NewsCement production declined by eight per cent in May 2022 when compared to May 2021, when compared with the 2015 base index, output increased to 104, according to Federbeton. The price of cement increased to 186 when compared with its 2015 base index. When compared with May 2022 the price rose by 49 per cent in May 2022. Cement imports into Italy advanced by 23 per cent YoY to 157,924t in April 2022. In terms of CIF value, imports stood at EUR11.172m, or EUR71/t. In the first four months of... |
SigmaRoc records revenue of GBP28m in 1H2201 August 2022, Published under Cement NewsSigmaRoc recorded 1H revenue of GBP248m, up 18 per cent over 2021 on an adjusted like-for-like basis. 1H22 underlying EBITDA totalled GBP48m, up six per cent over 2021. The group delivered 1H22 revenue of GBP248m (US$302m), representing an 18 per cent like-for-like increase over the same period last year. First-half EBITDA was GBP48m, ahead six per cent on a like-for-like basis over 1H21, giving an 19.2 per cent EBITDA margin for the period which benefitted from the effectiveness of co... |
European construction slowdown forecast29 July 2022, Published under Cement NewsA report by analysts CIC-Market Solutions forecasts that construction activity is expected to decline after 2022. The assumption is based on a reduction in spending ability in France and Germany, as well as the potential impact from interest rate rises, supply bottlenecks and further energy price rises in the context of the war in Ukraine. The main risk factors cited are rising rates, higher costs and supply shock. “The effects from a triple economic shock that has been observed since summe... |
HeidelbergCement’s Group revenue rises 11% in 1H2229 July 2022, Published under Cement NewsHeidelbergCement Group's revenue rose significantly by 11.3 per cent to EUR9950m (1H21: EUR8938m) in comparison with the first half of the previous year. Excluding consolidation and exchange rate effects, the increase amounted to 11.6 per cent. This is primarily due to successful price adjustments in all business lines, says HeidelbergCement. "The first half of 2022 was characterised by the strong increase in energy and raw material prices. In this persistently difficult market envi... |