Cement News tagged under: europe

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Catalonian producers cut exports, Spain

24 May 2013, Published under Cement News

Cement producers in Spain's autonomous region of Catalonia reduced their exports by 41 per cent between January and April, compared to the same period in 2012. The drop was explained by a five per cent cut in the price per tonne, which made the sales abroad less profitable. (Abstracted from an original article in Expansion)

EU construction output falls in March

20 May 2013, Published under Cement News

Construction output in the EU27 fell by 1.7 per cent in the euro area and 1.1 per cent in March 2013, compared with the previous month, according to first estimates released by Eurostat, the statistical office of the European Union. Compared with March 2012, production decreased by 7.9 per cent in the euro area and by 7.2 per cent in the EU27 in March 2013. Among the Member States for which data are available for March 2013, production in construction fell in ten and rose in four. The l...

HeidelbergCement net loss widens, confirms 2013 outlook

08 May 2013, Published under Cement News

HeidelbergCement said its first-quarter loss widened in the first quarter of 2013 compared to a year ago as sales were impaired mostly by a weak European market. However, the German cement major reported a rise in operating income and has confirmed its 2013 outlook. Group share of the after-tax loss was  EUR235m in the first quarter of 2013, wider than the EUR208m loss a year earlier. Operating income before depreciation was higher on the year EUR219m from EUR212 in the same period a ...

CRH sees US operations offsetting weaker European market

08 May 2013, Published under Cement News

In trading statement released today, CRH said the first four months of 2013 were affected by adverse weather conditions but expects growth in the second half to be led by its US operations. Combined with a challenging economic environment, most of CRH’s European operations experienced lower activity and sales declined 12 per cent (approximately €0.3bn) in the first four months of the year compared to the same period of 2012. Wet and cold conditions also persisted in the US in the first ...

Euro area construction output down by 0.8%

18 April 2013, Published under Cement News

Construction output in the euro area declined for the fourth consecutive month in February, the latest data from Eurostat shows. Construction in the euro zone decreased 0.8 per cent from January, when it fell 2.1 per cent, the European Union’s statistics office in Luxembourg said yesterday. The January figure was revised lower from an initial estimate of a 1.4 per cent drop. However, from a year earlier, February construction gained 0.8 per cent. In Germany, Europe’s biggest economy, c...

Heracles to permanently close Halkis cement works, Greece

27 March 2013, Published under Cement News

Heracles Cement, the largest cement producer in Greece, is to permanently close the doors on its Halkis cement plant as the company restructures its business to adjust to the struggling domestic construction and cement sectors. The 2.6Mta Halkis plant has been idle since July 2011 and management have now made the decision to officially cease operations, as of 26 March 2013. The closure will result in job losses for 236 members of staff. The company stated that: “This decision comes afte...

Euro-area construction output falls 1.4%

20 March 2013, Published under Cement News

Euro-area construction in January 2013 fell 1.4 per cent from the month before as gains in Germany were offset by slumps in Spain and France, according to latest figures by Eurostat. Euro-area construction output fell the most in four months in January following December’s rise of 0.3 per cent, the European Union’s statistics office in Luxembourg said yesterday. The December figure had earlier been estimated as a 1.7 per cent drop. France, the euro area’s second-largest economy, show...

Dyckerhoff net profit down on European markets

18 March 2013, Published under Cement News

Buzzi Unicem's subsidiary Dyckerhoff has confirmed that net profit in 2012 fell as declines in Europe could not be offset by volume increases in Russia and the USA. The German-based cement major said in a release on Friday that net attributable profit for the year fell 59.2 per cent from the year before to EUR26.9m. Group EBITDA of fiscal year 2012 amounted to EUR 284.2m including one-time one-time effects of EUR4.8m mainly from the sale of a real estate property in Memphis, US. Positive on...

Cementos Molins to reduce workforce

15 March 2013, Published under Cement News

Spain-based cement producer Cementos Molins is to cut 56 jobs at its St Vicenc dels Horts works due to the ongoing crisis in the domestic construction market. The cutbacks will reduce the total number of employees at the plant by 29.3 per cent, according to reports in Cinco Días.

European cement sector: a strategic contributor to Europe's future – report

07 March 2013, Published under Cement News

A study published by the Boston Consulting Group (BCG), commissioned by CEMBUREAU, outlines the competitiveness of the cement industry in Europe and its role in helping the region achieve its goals of developing a sustainable, resource efficient and innovative society. In a statement released yesterday, the European cement association said the report shows that the  cement and concrete industry in Europe contributes to the economy with a total production value of €74bn, a value added of €...