Cement News tagged under: europe

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Hanson Cement to hold public exhibitions for upgrade plan

16 May 2017, Published under Cement News

Hanson Cement is holding two public exhibitions in May to explain plans for the GPB20m upgrade project at its Padeswood cement works in Flintshire, UK, which the company says "will guarantee the long-term future of the plant and its 96 employees". At the heart of the project will be the installation of a new vertical roller mill for cement grinding which will improve efficiency, reduce energy consumption and increase output. Hanson is also planning to invest in new rail loading facilities...

Titan 1Q results driven by US market

11 May 2017, Published under Cement News

Financial results for Titan Group in the first quarter of 2017 recorded an improvement, primarily due to the continued recovery of the US market. All geographic regions where the group operates recorded higher sales volumes with the exception of Greece, where demand remains stagnant at low levels. Consolidated turnover was EUR361.8m posting a 7.1 per cent increase compared to the 1Q16. EBITDA increased by 18 per cent reaching EUR51.1m. The net result after minority interests and the provi...

CRH sees 4% advance in 1Q sales

26 April 2017, Published under Cement News

CRH reported a ‘satisfactory’ start to 2017 with first quarter sales up four per cent compared with a strong first quarter of 2016 which benefitted from very mild weather conditions across all its major markets. In a trading update released today in advance of its AGM taking place tomorrow, the Irish building materials major said group EBITDA for the "seasonally less significant first half of the year" is expected to be ahead of last year (1H16: EUR1.12bn). Based on current momentum, furth...

Construction output up by 6.9% in euro area

24 April 2017, Published under Cement News

In February 2017, compared with January 2017, seasonally-adjusted production in the construction sector increased by 6.9 per cent in the euro area (EA19) and by 4.4 per cent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In January 2017 construction output fell by 2.4 per cent in the euro area and by 1.5 per cent in the EU28. In February 2017 compared with February 2016, production in construction rose by 7.1 per cent in the euro ar...

Votorantim sees cement revenues fall 10% YoY in 2016

19 April 2017, Published under Cement News

Votorantim, formerly Votorantim Industrial, generated a turnover 8.7 per cent lower at BRL26,738m (EUR8046m) and EBITDA declined by some 38 per cent to around BRL4300m (EUR1,294m) in 2016 when compared with 2015. Although the net interest charge declined by 9.9 per cent to BRL1731m, there was a net loss of BRL1295m compared with a the net profit fell of BRL387m (EUR116.5m). Group capital expenditure was 6.2 per cent lower at BRL3031m (EUR912m), of which cement represented BRL27.3m. Brazil...

EU reportedly set to block HeidelbergCement, Schwenk's Cemex Croatia deal

29 March 2017, Published under Cement News

EU antitrust regulators are set to block HeidelbergCement and Schwenk's joint bid for Cemex's Croatian unit barring a last minute change of mind, Reuters reports. The European Commission, which opened an investigation into the deal in October last year, has not been convinced so far by the companies' offer to lease a terminal on the Dalmatian coast to a rival to address its concerns, the news agency reported citing two source familiar with the matter. The EU competition authority has said ...

The world in 2016 and outlook for 2017

10 February 2017, Published under Cement News

This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por...

EU urged to end carbon credits system

30 November 2016, Published under Cement News

Carbon Market Watch is urging EU lawmakers to abolish the carbon emissions trading scheme (ETS) after it was revealed that cement producers took EUR5bn windfall from scheme between 2008 and 2015. The watchdog used analysis by consultancy CE Delft and delved into the leading cement producers annual reports to find out the financial benefit of the ETS to cement producers. Companies like Lafarge, HeidelbergCement and Cemex profited from selling carbon allowances they received for fr...

Cemtech's 25th Anniversary Conference & Exhibition

02 November 2016, Published under Cement News

Cement professionals from over 40 nations gathered at The Westin Palace, Madrid, to celebrate Cemtech’s 25th Anniversary on 18-21 September. Following major events staged in Dubai and Manila earlier this year, this final celebration marked another successful year of growth for the industry’s leading independent cement conference. Delegates settle down to the first morning presentations in the conference hall Cemtech conferences now span the globe, with annual events in Europe, M...

Positive signs of recovery

19 September 2016, Published under Cement News

CEMBUREAU released figures this summer on the production performance of its members in the European cement sector in 2015. They reveal a modest positive annual growth rate of 0.9 per cent to 248Mt, when compared to the year before. The growth experienced by Europe's cement indsutry in 2015 reflects positive signs of recovery The annual growth registered by the European cement sector in 2015 reflects positive signs of recovery. Even with significant differences across EU member s...