Cementir posts 2024 results with gross profits down 7 %
Cementir ’s Board of Directors released the company’s financial statements for the year ended 31 December 2024. Profit before taxes was EUR295.3m, down 6.5 per cent on E...
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FLSmidth sees increased mining profitability in 2024
FLSmidth's cement order intake decreased by 22 per cent in 2024, reflecting recent divestments and continued pruning of the product portfolio. Cement adjusted EBITA margin reac...
Cementir reports preliminary cement and clinker sales of 10.7Mt in 2024
The Board of Directors of Cementir Holding NV has released the preliminary unaudited consolidated results as at 31 December 2024. In 2024 cement and clinker sales volumes i...
FLSmidth announces proposed changes to its Board of Directors
FLSmidth & Co A/S has announced proposed changes to its Board of Directors (BoD) ahead of the Annual General Meeting on 2 April 2025. Curre...
INEOS-led Greensand Future to become first full scale CO2 storage facility
INEOS, the day-to-day operator, of ‘Greensand Future’ and its partners, Harbour Energy, and Nordsøfonden have announced the Financial Investment Decision (FID) to safely and pe...
FLSmidth reports 31% drop in cement order intake in 3Q24
FLSmidth reported that its cement business in the 3Q24 achieved an adjusted EBITA margin of 10.8 per cent, demonstrating continued strong execution of higher-margin orders as w...
ACCSION CO2 capture project wins EUR220m EU Innovation funding
Aalborg Portland A/S ( Cementir group ) and project partner Air Liquide have received EUR220m in support from the EU Innovation Fund to establish a large-scale CO 2 capture ...
FLSmidth hosts its 3rd annual meeting for its EcoClay™ project
Various partners involved with the EcoClay project gathered to review the current progress of the company's work and discuss new developments within the calcined clay market. H...
Investment Fund for Developing Countries sells Power Cement stake
The Investment Fund for Developing Countries and IFU Investment Partners K/S (IIP) have decided to dispose of their combined 6.1 per cent stake in Power Cement Ltd , Pakistan....
Denmark’s first CO2 storage facility ready to store large volumes of CO2
Project Greensand, Denmark’s CO2 storage facility in the North Sea subsoil, is ready to receive large amounts of CO 2 . The project is now awaiting the Danish authorities' appr...