Cement News tagged under: europe
Bilfinger targets cement industry emissions reduction17 October 2019, Published under Cement NewsBilfinger is supporting the US-based tech firm PRTI in bringing a technology to Europe that can help cement companies reduce their emissions. "Emission standards are getting stricter in industries around the world," says Tom Blades, CEO of Bilfinger. "Bilfinger's expertise and emission reduction technologies help our customers meet these requirements in an effective and cost-efficient way." Burning tyres directly to fire cement kilns results in various environmentally harmful emissions. By... |
New opportunities for Europe07 October 2019, Published under Cement NewsDr Michael Clark looks at how the EU ETS is expected to change the face of European clinker manufacture. With the price of carbon credits rising, it could become more economically viable to import clinker and grind it upon arrival in Europe through the use of smaller grinding facilities. By Dr Michael Clark, UK. Cem’In’EU’s new facility in Tonneins, southwest France, is an example of the new wave of clinker-importing grinding units expected to arrive The summer of 2019 has se... |
LafargeHolcim26 September 2019, Published under Cement NewsLafargeHolcim Maroc saw its sales advance by 0.2 per cent YoY to MAD3.89bn (US$401.4m) in the first half of this year. Operating profit over the same period improved by 10.6 per cent YoY to MAD1.65bn, while net consolidated profit saw an 8.6 per cent uptick to MAD965m. Low rainfall in the opening months of the year resulted in a 2.1 per cent increase in cement volumes in the 1H19. Meanwhile, construction on the company’s new MAD3bn Souss plant is progressing well, with completion due in the ... |
Creating a new vision24 September 2019, Published under Cement NewsRaoul de Parisot, president of CEMBUREAU, talks to ICR about his expectations for the future of the European cement industry, including risks posed by the EU Emissions Trading System, and sets out the sector’s vision for achieving carbon neutrality by 2050. Raoul de Parisot, president of cembureau: “One of the most important aspects of my new position is to establish a level playing field for our industry to maintain its capacity to innovate and invest in Europe, to create jobs ... |
European construction: set for continued growth?23 September 2019, Published under Cement NewsFollowing a buoyant 2017 and continued growth in 2018, the European construction market is expected to show modest growth this year. As a result, cement prices are expected to firm, easing the pressure on EBITDA margins of building material companies across the region. By Jean-Christophe Lefèvre-Moulenq, CM-CIC Market Solutions (ESN), France. In 2019, demand is forecast to increase by 1.4 per cent in western Europe After a particularly buoyant 2017, a sharp deceleration was expe... |
CRH to divest European Distribution business to Blackstone02 August 2019, Published under Cement NewsCRH plc has agreed to divest its European Distribution business to private equity funds managed by Blackstone for EUR1.64bn, subject to regulatory approval. The sale includes CRH's entire General Builders Merchant business in Europe, including its sanitary heating and plumbing business. It supplies building materials to professional builders, specialists contractors and DIY customers through a network of local and regional brands across six countries in western Europe. The divestment follo... |
Cembureau elects new president and vice-president17 June 2019, Published under Cement NewsThe European cement association, Cembureau, has appointed its new president and vice-president at its general assembly in Helsinki, Finland, on 14 June 2019. Raoul de Parisot, advisor to the chairman and CEO of Vicat, will take over as president from Gonçalo Salazar Leite, vice-president of SECIL. Isidoro Miranda Fernandez, CEO of LafargeHolcim Spain, is Cembureau’s new vice-president. Speaking following his election as president, Raoul de Parisot said he was delighted to be taking up the... |
Aggregates in growth mode04 June 2019, Published under Cement NewsThe scale and dynamics of the aggregates industry are often poorly understood. Now, thanks to the Global Aggregates Information Network (GAIN™), better macro-data is available, which points to a maturing global industry, poised for significant growth in the coming decade. Consequently, aggregates may provide an attractive and complementary new investment horizon for players in the cement industry. By Jim O’Brien, GAIN, Ireland. Participants from six continents at the most recent GAIN ... |
Can Titan expect a better 2019?24 May 2019, Published under Cement NewsThis week Titan Group announced its first-quarter 2019 results which saw a 12.5 per cent rise in turnover but also a EUR6.2m loss appearing on the company’s profit and loss account. While the US market and southeastern Europe returned healthy business results, the company’s performance was more muted in its other markets, particularly in Egypt and Turkey. However, going forward Titan sees the overall group outlook for 2019 as more favourable. The USA is Titan’s most important market, ge... |
Titan reports 13% advance in 1Q turnover but EUR6.2m net loss23 May 2019, Published under Cement NewsGreece-based Titan Group reported a 12.5 per cent rise YoY in consolidated turnover to EUR362.7m in the first quarter of 2019 ended 31 March 2019. The company attributed the higher sales to a robust US market and growth in southeastern Europe. EBITDA was up two per cent to EUR44m as the company faced a challenging business environment in Egypt and Turkey. Titan's net result was impacted by higher depreciation charges and unfavourable foreign exchange rates, recording a EUR6m loss (1Q18: E... |