Cement News tagged under: europe

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Buzzi Unicem sees improvements in the USA and Czech Republic

11 February 2015, Published under Cement News

Buzzi Unicem's turnover eased by 0.1 per cent last year to €2506m, but ignoring the exchange rate effect there would have been a 3.4 per cent improvement. Net debt at the end of December was 3.1 per cent below the level seen a year earlier at €1063m. Group cement deliveries in 2014 increased by 1.8 per cent to 25.1Mt and ready-mixed concrete deliveries improved by 1.4 per cent to 12Mm³. Domestic reduction in line with overall market Buzzi Unicem's Italian turnover declined by a furt...

Cementir increases profit and reduces debt

06 February 2015, Published under Cement News

Cementir Holding's turnover in 2014 declined by 4.1 per cent to EUR948m, but at constant currencies there would have been a 5.3 per cent increase. The EBITDA, however, improved by 13.4 per cent to EUR192.4m, in spite of negative exchange rate movements though it was boosted by non-recurring credits of around EUR12m. As a result, the margin improved from 17.2 per cent to 20.3 per cent, or to 19 per cent excluding non-recurring items. The trading profit again showed a more marked advance, ri...

Vicat increases cement shipments by 13.7%

04 February 2015, Published under Cement News

Vicat's turnover improved by six per cent in 2014 to €2423m, which translates into an underlying increase of eight per cent  on a like-for-like basis. Turnover in cement advanced by 13.7 per cent  to €1261m, or €1483m before deducting inter-group transfers. Aggregates and concrete sales declined by 1.8 per cent  to €860m, while other activities saw turnover edging ahead by 0.3 per cent to €301m. Cement accounted for 53.7 per cent  of turnover, up from the 50.6 per cent  shown in the previ...

CRH strikes deal to acquire €6.5bn Holcim and Lafarge assets

02 February 2015, Published under Cement News

CRH has reached a deal to acquire €6.5bn in the assets of Lafarge and Holcim who are restructuring to win regulatory approval for their planned merger. The deal will significantly expand CRH’s globally footprint in the cement industry by acquiring new facilities in the Philippines, Canada, Brazil and several countries in Europe. Commenting on the acquisitions, CRH chief executive Albert Manifold said: “This transaction represents a significant value creation opportunity for CRH. We are acqu...

FLSmidth concludes Cembrit sale

02 February 2015, Published under Cement News

FLSmidth has now successfully closed the divestment of Cembrit to Solix Group AB, to sell all shares in Cembrit Holding A/S at a price of DKK1.1bn (enterprise value on a debt-free basis). Cembrit is one of the leading distributors and manufacturers of fibre-cement products in Europe. The deal was initially announced in mid-January 2015 and concludes FLSmidth's divestment of building materials companies.

CRH withdraws from aerated concrete in Poland

30 January 2015, Published under Cement News

The Polish CRH subsidiary Grupa Ozarow has now received Polish competition authority approval to sell its aerated concrete subsidiary Grupa Prefabet SA to the Danish aerated concrete producer H+H International.  The deal values Grupa Prefabet at just over €14m and the move is aimed at reducing the fragmentation in the highly competitive Polish aerated concrete market.

Cemtech Europe 2015 - Vienna, Austria

23 January 2015, Published under Cement News

Cemtech Europe 2015, hosted in the historic city of Vienna on 20-23 September, attracted cement industry professionals from 35 countries for three days of discussions dedicated to the latest advances in cement manufacturing technology and market insights. The agenda covered key themes such as alternative fuels utilisation, energy efficiency and process optimisation, and plant management, whilst also drawing on inspiration from Austria’s long tradition in cement manufacturing and as a...

Polish output up 6.8% YoY

09 January 2015, Published under Cement News

Full year Polish cement production increased 6.8 per cent YoY in 2014 to 15.4Mt, according to the country's cement association. Cement production edged up by 1.9 per cent YoY to 861,7000t in December, while sales were ahead by 805,800t, Poland's Cement Producer Association said in a statement.

Holcim and Cemex close their series of transactions in Europe

06 January 2015, Published under Cement News

Holcim and Cemex today announce the successful closure of their series of transactions in Europe. Holcim acquired Cemex’s operations in western Germany and The Netherlands while Cemex took over Holcim Czech Republic with all its subsidiaries in the country. In Spain, Cemex purchased Holcim’s Gador cement plant and Yeles grinding station, while Holcim keeps its remaining operations. As a result of the transactions, Cemex paid Holcim EUR45m in cash. Holcim said it expects sustainable ad...

HeidelbergCement reopens Ukraine factory

18 December 2014, Published under Cement News

HeidelbergCement has reopened its 1.8Mta plant in eastern Ukraine a month after closing it due to pro-Russian rebels in the regions wanting to impose their own agenda on the production process. The situation now has changed and the company is about to sign a contact with a new security firm, HeidelbergCEment CEO Bernd Scheifele said. The re-launch of the production process was closely coordinated with the Foreign Office, the CEO said. The conflict in Ukraine has led to serious infras...