Cement News tagged under: europe
Euroconstruct adjusts 2013-15 forecasts02 December 2013, Published under Cement NewsConstruction forecast group Euroconstruct has published its updated Construction Investment forecasts for 2013-15 which sees a three per cent decline this year across the 19 countries for which it provides forecasts, and a gradual upturn from 2014. In western Europe its overall expectations remain unchanged at a 2.7 per cent decline. Its forecasts for Germany were revised down (+0.3 per cent compared to a previous estimate of +1.2 per cent), while the UK has been upgraded from -2 per cent ... |
Cemex quarries win European biodiversity awards29 November 2013, Published under Cement NewsTwo Cemex quarries, Rugeley in the UK and Soto Pajares in Spain, have been recognised for their outstanding contributions to biodiversity at the European Aggregates Association (UEPG) awards in Brussels. Rugeley Quarry in Cannock Chase, West Midlands received a Recognition of Achievement for its significant restoration work and excellent habitat management activities. Soto Pajares Quarry in the Province of Madrid, Spain won the Special Award for Biodiversity for its outstanding actions rel... |
Spanish cement demand falls 11% in October25 November 2013, Published under Cement NewsCement consumption in Spain has fallen again in October by more than 11 per cent, to 1,003,618t. As a result, domestic cement demand during the first 10 months of 2013 has declined sharply by nearly 21 per cent, with total demand standing at 9,351,734t, some 2.5Mt less than in the same period of 2012, according to Oficemen, Spain’s cement association Cement companies associated with Oficemen are focussing their efforts on a major export drive to maintain production levels. However, the ... |
CRH results broadly in line with last year12 November 2013, Published under Cement NewsIn its autumn trading statement, CRH announced that it expects the EBITDA to be broadly in line with last 2012 numbers, assuming normal weather patterns for the remainder of the year. Depreciation and amortisation charges as well as the net interest charge are forecast to be a little lower than in 2012, though the net debt is expected to be about EUR300m higher. Acquisitions and large capital investments amounted to around EUR660m, of which EUR492m were in heavy building materials, and incl... |
Cembureau: cement sector should maintain carbon leakage status06 November 2013, Published under Cement NewsCembureau, the European Cement Association, has called for the European cement sector to maintain its carbon leakage status. In a statement released today, Cembureau responded to the Carbon Leakage Evidence Project report, recently published by Dutch consultancy Ecorys, which found 'no evidence for any carbon leakage' in the past two periods of the European Trading System. In relation to the European cement industry, the report – specially commissioned by the European Commission, DG Cli... |
Holcim held back by weaker Indian and Mexican markets05 November 2013, Published under Cement NewsHolcim's turnover for the first nine months declined by 6.1 per cent to CHF14,941m, as weaker Indian and Mexican markets hold back the company's performance. In euro terms the reduction was 8.0 per cent to EUR12,136m and in US dollar terms the decline was 5.7 per cent. The Asia Pacific region generated 37.5 per cent of group turnover, down from 39.3 per cent a year earlier, while Europe represented 28.4 per cent, up from 26.5 per cent. Latin America contributed 17.1 per cent against 15.6 ... |
Euro area construction output rises in August28 October 2013, Published under Cement NewsEU construction output increased in August 2013, latest data from Eurostat shows. Seasonally-adjusted production in the construction sector was 0.4 per cent higher in August than in July. Output has been steadily rising since March but remains at historically low levels. Production in August 2013 was 2.5 per cent lower than that in the same month a year earlier. Portugal led the recovery with a 10.8 per cent hike in output from July, followed by Sweden (+4.8 per cent), Hungary (+4.0 per cen... |
Global demand growth outlook downgraded28 October 2013, Published under Cement NewsA recent report by Morgan Stanley has lowered the growth outlook for global cement demand for 2013 to adjust for a changing economic landscape in emerging regions. Following economic updates by its analysts, which cut GDP forecasts for most emerging countries, cement volume expectations have been significantly trimmed in half of the world’s regions. The research house now expects two per cent growth in global cement demand in 2013 (excl. China) followed by 3.5 per in 2014 – marking the slo... |
Holcim Croatia to boost profitability25 October 2013, Published under Cement NewsHolcim Croatia said it is implementing a new strategy to help drive the company back to profitability by 2015. The new operational plan cover all of Holcim's divisions and business segments in Croatia with measures including increasing prices and finding new markets as well as niche ones, SeeNews reports. As a result of a difficult construction market, cement consumption has fallen from 2.39Mt in 2009 to around 1.7Mt in 2012. This is well below total domestic capacity of 3.7Mta and industr... |
Holcim, Cemex Europe deal to be examined21 October 2013, Published under Cement NewsEU antitrust regulators will assess a bid by Cemex to acquire Holcim's cement operations in Spain following a request from Spanish authorities, the European Commission said. Cemex and Holcim announced plans back in August this year to exchange some assets and combine others in Germany, Czech Republic and Spain to boost profit amid tough conditions in the European construction sector. The Spanish part of the deal involved Cemex and Holcim combining all their cement, ready-mix and aggregate... |