CCUS project gets underway in Denmark
Researchers in Denmark are currently testing a new technology that aims to significantly reduce CO 2 emissions from the cement industry. Forming part of the NEWCEMENT initiative...
Denmark
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FLSmidth Cement closes MAAG gears sale
With reference to the announcement made on 22 January 2024, FLSmidth Cement has now closed the sale of its MAAG gears and drives business to the Swedish investment company, Soli...
FLSmidth reports 39% increase in net profit
In its consolidated results of 2023, Denmark-based FLSmidth reported a 10 per cent increase in revenue to DKK24,106m from DKK21,849m in 2022. The company’s gross profit increase...
Cementir posts 2023 preliminary unaudited EBITDA of EUR421.9m
Cementir 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, follo...
FLSmidth reports 2023 cement revenues of DKK6bn
FLSmidth has released its 4Q23 and full-year 2023 preliminary and unaudited results. The cement business recorded revenues of DKK1.4bn (US$203.3m) in the 4Q23 and DKK6bn in 2023...
FLSmidth looks at possible divestment options in Cement business
FLSmidth will explore the available divestment options for its Cement business to maximise the division’s full potential and strengthen the market leading position of its Mining...
FLSmidth sells MAAG to Solix
FLSmidth Cement sold its MAAG gears and drives business to Sweden-based investment company, Solix Group AB. The transaction is expected to close during the 1Q24 and includes all...
Aalborg Portland's CCUS plant to get Royal inauguration
Aalborg Portland (Cementir Group) is preparing to welcome His Royal Highness the Crown Prince of Denmark on 27 November for the official inauguration of its new CO 2 capture pla...
FLSmidth's group revenue rises 2% in 3Q23
FLSmidth's consolidated group revenue increased by two per cent in the 3Q23 compared to the 3Q22. Adjusted for integration costs of DKK119m (US$17m), the EBITA margin was 10.1 p...
Cementir posts group revenue of EUR1288.9m in 9M23
During the first nine months of 2023, Cementir Holding Group reports group revenue from sales and services reached EUR1288.9m, up 0.8 per cent compared to EUR1278.6m in the 9M22...