Cement News tagged under: Western Europe
Cementir posts 2023 preliminary unaudited EBITDA of EUR421.9m09 February 2024, Published under Cement NewsCementir Holding Group reports preliminary unaudited results for 2023. EBITDA reached the historic record of EUR421.9m, up 25.4 per cent compared to the EUR336.3m of 2022, following the improved results achieved in all geographical areas with the exception of the United States. The EBITDA margin was 24.5 per cent compared to 19.5 per cent in 2022. Net financial income totalled EUR15.8m (income of EUR11m in 2022). Revenue in 2023 reached EUR1694.2m, down 1.7 per cent compared to 2022. Prof... |
Ecocem's ACT technology obtains ETA09 February 2024, Published under Cement NewsEcocem ’s ACT technology has obtained an ETA (European Technical Assessment) from EOTA (European Organisation for Technical Assessment) for a new eco-efficient cement. This independent assessment is a critical step towards CE marking and will enable the introduction of this new low-carbon cement throughout Europe. "The ETA provides Ecocem with a route to full commercialisation for its ACT technology by 2026 and creates the opportunity for the cement and concrete industries to do the same,... |
CEMEX UK tackles shipping emissions09 February 2024, Published under Cement NewsWork will begin in April this year on a new demonstrator of a smart shore power system at CEMEX ’s wharf in Shoreham, UK. Working in partnership with University of Warwick and advanced system integrator, iconsys, CEMEX is developing an intelligently-managed shore power system demonstrator, specifically tailored to understand fluctuations in electricity demand of self-discharging commercial vessels. The UK Department of Transport has awarded the project a grant of nearly GBP1.7m (US$2.15m... |
Titan achieves top ‘A' CDP score for climate leadership09 February 2024, Published under Cement NewsFor the second consecutive year, Titan has earned a place on the globally-recognised 'A' List of the carbon disclosure non-profit organisation CDP, in recognition of its leadership in corporate transparency and performance on climate change. Furthermore, the company has achieved an 'A-' score for water security management. Titan is one of only three companies in its sector to attain top scores in both categories. Since 2020, Titan has reduced its net specific CO 2 emissions by almost 1... |
Heidelberg Materials awards FEED contract for Padeswood08 February 2024, Published under Cement NewsSustainability solutions provider Worley and Mitsubishi Heavy Industries (MHI) Group have been awarded a front-end engineering and design (FEED) contract by Heidelberg Materials UK for the development of a carbon capture facility at the Padeswood cement works in north Wales. The Padeswood project has been selected as a Track 1 capture project by the UK government and is a key establishing project within the HyNet industrial cluster. Once operational, it is anticipated to capture up t... |
CEMEX supports EC's Carbon Management Strategy08 February 2024, Published under Cement NewsThe European Commission has presented its Carbon Management Strategy in an announcement this week that details the EU’s policy approach to industrial carbon management for the coming decades. CEMEX firmly welcomes this outline of upcoming initiatives and policies, and stands ready to support the European institutions in the design and implementation of the announced actions. In line with the EU's 'Fit for 55' aspirations, CEMEX has already reduced the CO 2 intensity in its European cemen... |
Saint-Gobain signs energy PPA in Italy08 February 2024, Published under Cement NewsSaint-Gobain has signed a 10-year renewable electricity supply contract in Italy with Axpo Italia. The power purchase agreement (PPA) covers the purchase of electricity generated by a newly-built wind farm in the Puglia region. Axpo Italia will provide around 22GWh of green electricity per year, or 11 per cent of Saint-Gobain’s electricity needs in Italy. This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20 ... |
Holcim expands Solutions & Products business08 February 2024, Published under Cement NewsHolcim has acquired ZinCo, a leader in advanced green roofing systems based in Germany with global operations across Europe, Asia and the Americas. The deal forms part of Holcim's efforts to advance its Solutions & Products business to 30 per cent of group net sales by 2025, entering the most attractive segments of construction, from roofing systems to insulation and renovation. According to Holcim, with its integrated green and solar roofing systems, ZinCo is expanding Holcim’s specifi... |
MPA survey reveals deteriorating markets07 February 2024, Published under Cement NewsThe UK-based Mineral Products Association (MPA) has released the results of its latest industry sales survey, revealing a second consecutive annual drop in sales volumes of heavy-side building materials in Great Britain. The deteriorating market for aggregates, concrete, asphalt and mortar has unfolded against a backdrop of unfavourable economic conditions, escalating costs, rising interest rates and a diminishing pipeline of new construction projects, says the MPA. The quarterly surve... |
Italian cement production expands 10% in November02 February 2024, Published under Cement NewsCement output in Italy increased by 10 per cent YoY in November 2023, according to the Italian concrete association, Federbeton. However, when compared with the 2015-baseline index of 100, output declined to 92. The country imported 191,707t of grey cement in October 2023, up 13 per cent YoY, with a total CIF value of EUR16.584m, or EUR87/t. Grey exports advanced by 22 per cent YoY in October 2023 to 143,105tt, with a total FOB value of EUR14.468m, or EUR101/t. Year-to-date 2023 In the ... |