Cement News tagged under: central Europe
Cementarnica Usje sees 9M net profit up 77%01 November 2023, Published under Cement NewsNorth Macedonia-based Cementarnica Usje , owned by Greek cement producer Titan, reported 77 per cent YoY increase in net profit to MKD1.1bn (US$19m) in the January-September 2023 period. The company’s operating expenses declined 17 per cent YoY to MKD3.4bn in the 9M23 as material costs fell 23 per cent YoY to MKD1.9bn. It total operating revenue slipped by two per cent YoY to MKD4.8bn in the 9M23. |
NEXE dd selects Rockwell Automation as a digitalisation partner19 October 2023, Published under Cement NewsRockwell Automation is introducing changes in its production processes through digitalisation that will offer Croatian cement producer NEXE dd additional value on its path towards further reductions in its carbon footprint. In combination with using alternative raw materials and fuels, the company is achieving these goals by leveraging the FactoryTalk ® Analytics™ Pavilion8 ® model predictive control (MPC) solution, in combination with performance-management dashboards based on the ... |
Romcim SA’s takeover move gets green light from Competition Council04 August 2023, Published under Cement NewsRomcim SA, a Romania-based producer of cement, concrete and other construction materials, has had its takeover of Bauelemente Reinvest SRL and its subsidiary Bauelemente SRL approved by the Competition Council. According to Agerpres, “Following the analysis, the Competition Council found that this operation does not raise significant obstacles to effective competition on the Romanian market or on a substantial part of it and that there are no serious doubts regarding its compatibility with a... |
Lafarge Cement Polska commits to renewable energy14 April 2023, Published under Cement NewsLafarge Cement Polska has joined forces with KGAL Investment Management, an asset manger in the Polish renewables market, to establish two onshore wind farms, known as Krasin and Rywald. The farms, which are owned by KGAL ESPF 4 renewable energy fund, will supply the cement producer with around 230GWh of green electricity each year. The Krasin wind farm was acquired by KGAL ESPF 4 in May 2020 as a development project. The 35MW site has been producing green electricity since 2022, accor... |
Czech action on climate change11 April 2023, Published under Cement NewsCement consumption in the Czech Republic remained resilient during the pandemic. However, economic headwinds and a slowdown in construction activity are likely to impact demand in the near-term. For local cement producers, decarbonisation plans are high on the agenda as the sector looks to implement a number of changes in line with industry's green goals. By Jan Gemrich, Czech Cement Association, Czech Republic. For Czech cement producers industry decarbonisation is high on the agenda... |
Holcim Romania expands aggregates portfolio04 April 2023, Published under Cement NewsHolcim Romania has expanded its aggregates division by acquiring Stones Business Development SRL, one of the main suppliers of aggregates in the Bucharest-Ilfov area of Romania. With this transaction, Holcim has secured a volume of high-quality aggregate reserves and strengthened its position including in the Bucharest-Ilfov area, one of the areas with the highest growth in the construction sector in Romania. The deal was approved by the Competition Council and completed on 31 March 2023. ... |
Salonit Anhovo expands solar power plant29 March 2023, Published under Cement NewsSlovenia-based cement producer, Salonit Anhovo , is expanding its rooftop solar power plant by 1.5MW. The installation on the roof of the company’s cement plant near Anhovo is already the largest of its kind in Slovenia at 2.2MW. Ljubljana-based Interenergo, a subsidiary of Austrian energy company Kelag, has been awarded the contract for the expansion. According to Balkan Green Energy News, the new panels will be fitted to all suitable roofs at the plant and gradually connected by the ... |
Cementarnica Usje posts 13% drop in net profit in 202203 March 2023, Published under Cement NewsCementarnica Usje , the North Macedonian subsidiary of Titan, reported a 13 per cent YoY drop in net profit to MKD1bn (US$17.2m) in 2022 as costs increased. Operating expenses were up 41 per cent YoY to MKD5.8bn in 2022 as raw material costs increased by 67 per cent YoY to MKD3.5bn. Operating revenue advanced 25 per cent YoY to MKD6.7bn in 2022. Sales within Macedonia increased 26 per cent YoY to MKD4.1bn while export sales were up 22 per cent YoY to MKD2.3bn in 2022. |
Holcim Bulgaria awarded 35-year concession08 December 2022, Published under Cement NewsThe Bulgarian government has granted Holcim Bulgaria a concession for the Marudnicite West sand and gravel deposit near Sofia for 35 years. The deposit is located between the villages of Negovan and Chepintsi on the northeastern outskirts of the city. Holcim Bulgaria plans to invest over BGN2.6m (US$1.4m) to ensure extraction and pre-production activities at the site for the duration of the concession, reports SeeNews. The company is expected to pay out more than BGN5m in concession pay... |
Akmenes Cementas to import SRF31 August 2022, Published under Cement NewsAkmenes Cementas , Lithuania’s only cement producer, plans to import up to 200,000t of solid recovered fuel (SRF) for use in the second half of 2023. Last year the company received EUR4.34m in funding under the Climate Change Program towards the EUR20m bill to install SRF burning equipment. The aim is to replace 75 per cent of the coal used by Akmenes with SRF next year. The company saw its cement production advance by 11 per cent YoY in 2021 to 1.35Mt, with cement sales over the same perio... |