Cement News tagged under: europe

RSS feed

CRH: good advance in North America

06 May 2015, Published under Cement News

CRH's underlying sales in the first four months declined by around two per cent in Europe and increased by about eight per cent in the Americas during the first four months of the year. Some EUR45m was spent on acquisitions and investment during the first four months, while EUR540m was raised from divestments during the period. The group EBITDA in the first half expected to be around 10 per cent ahead of last year. Europe Heavy building materials volumes in Ireland continued to recover a...

CEMBUREAU: future EU-ETS must ensure growth and competitiveness for industry

06 May 2015, Published under Cement News

The Alliance of Energy Intensive Industries has recently outlined its views to the European Commission regarding the strategic choices which need to be taken to ensure competitiveness and growth in Europe,  CEMBUREAU has underlined. All eyes are currently on the development of the next phase of the EU Emissions Trading Scheme (EU-ETSi), post-2020. As such, it is important that the voice of Europe’s energy-intensive industries (which includes sectors such as cement, steel and metals) is he...

Buzzi Unicem's bid for Sacci expires

05 May 2015, Published under Cement News

Buzzi Unicem’s offer to buy Sacci SpA has expired after being rejected by the banks and creditors and the bidder is no longer bound to any commitment, the Italian cement major announced. “We inform that the population of the banks and creditors that take part in the debt restructuring agreement pursuant to article 182-bis of the Bankruptcy Law did not endorse the proposal by Buzzi Unicem. The offer has expired today and as such Buzzi Unicem is released from any subsequent commitment,” Buzzi...

Holcim automates logistics services with Schenck Process‘ LOGiQ software

28 April 2015, Published under Cement News

Holcim has optimised its automated dispatch processes and weighing technology in its eastern Europe plants. Since the beginning of the year, the LOGiQ logistics software by Schenck Process has been automating all process and data management relating to dispatch services in the company's 14 locations from Slovakia to Bulgaria. Four other locations are currently in the process of being connected to the highly available dispatch automation system including all Outbound-, Inbound- and AFR transp...

Cemex improves first-quarter trading profit

24 April 2015, Published under Cement News

Cemex' first-quarter turnover declined by 5.3 per cent to US$3399.87m, but EBITDA did improve by 6.3 per cent to US$568.54m. Helped by a 12.7 per cent reduction in the depreciation and amortisation charge, the trading profit rose by 25.3 per cent to US$335.32m. The net interest charge declined by 15.3 per cent to US$338.08m, to give an 82 per cent drop in the pre-tax loss from US$167.88m to US$30.86m. The effective net debt was 3.4 per cent lower at US$15,769m, of which 86 per cent was in...

Construction output down by 1.8% in euro area

24 April 2015, Published under Cement News

Seasonally-adjusted production in the construction sector fell in February 2015 fell by 1.8 per cent in the euro area (EA19) and by 1.2 per cent in the EU28 compared with January 2015, according to first estimates from Eurostat, the statistical office of the European Union. In January 2015, production in construction grew by 1.6 and 0.6 per cent, respectively. On an annual comparative basis, production in construction fell by 3.7 per cent in the euro area and by 2.4 per cent in the EU28 in...

Buzzi Unicem returns to a net profit

30 March 2015, Published under Cement News

On a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m in 2014, while at the headline level there was a 4.8 per cent advance to EUR422.7m. Following a 23 per cent reduction in impairment charges, depreciation and amortisation, the trading profit (EBIT) more than doubled from EUR86.5m to EUR178.7m. After a net interest charge 52.1 per cent lower at EUR53.1m, the pre-tax profit jumped from just EUR16.0m to EUR175.6m. A...

Buzzi offer to purchase SACCI SpA accepted

27 March 2015, Published under Cement News

Buzzi Unicem announced today that further to its proposed purchase of a 99.5 per cent interest in the share capital of SACCI SpA, controlling shareholders have accepted the binding offer. Last week Buzzi announced that it had Buzzi Unicem is offering €120m for the stake in SACCI and the simultaneous relief of all outstanding liabilities from a previous debt restructuring agreement. Buzzi highlighted that execution of the contract is still subject to the endorsement of the banks and credit...

Production in construction up by 1.9% in euro area

25 March 2015, Published under Cement News

In January 2015 seasonally-adjusted production in the construction sector grew by 1.9 per cent in the euro area and by one per cent in the EUR28 compared with December 2014, according to first estimates from Eurostat, the statistical office of the European Union. In December 2014, production in construction grew by 0.2 per cent in both zones. In January 2015 production in construction grew by three per cent YoY in the euro area and by 1.4 per cent in the EU28. Monthly comparison The inc...

HeidelbergCement ‘confident’ on 2015 outlook

19 March 2015, Published under Cement News

HeidelbergCement’s 2014 consolidated financial results show increases in revenue and operating income, and significant increases are expected for the year in hand. The group's turnover increased by four per cent last year to EUR12,614m, or by 8.4 per cent on a comparative basis, and the EBITDA improved by a 2.9 per cent to EUR2288m and the trading profit advanced by five per cent to EUR1595m, or by 12.9 per cent adjusting for currency movements and changes in the scope of consolidation. Af...