Cement News tagged under: europe

RSS feed

European cement sector: towards greater efficiency

30 September 2013, Published under Cement News

Cemtech Europe 2013 has opened its doors to 200 cement industry specialists, gathered together in the magnificent city of Prague, Czech Republic, for three days of intense discussion on achieving the most efficient and competitive operations possible in today’s challenging environment. Jan Gemrich, executive director of the Czech cement association, provides an overview of the current status of the domestic market and advances by the local producers While the eurozone has re...

Poland sees double-digit declines, Jan-Aug

10 September 2013, Published under Cement News

Cement production and sales in Poland have seen a double-digit drop in the first eight months of the year, latest data from the country’s cement association, SPC, shows. Between January-August 2013, cement output declined by 15.2 per cent to 9.092Mt while sales were down by 14.8 per cent to 9.295Mt. In August alone, production in Poland fell by 1.9 per cent YoY in August 2013 to 1.576Mt. Sales for the month declined by 3.9 per cent to 1.616Mt.

Holcim and Cemex to swap, combine assets in Europe

28 August 2013, Published under Cement News

Holcim and Cemex have reached an agreement to conduct a series of transactions to exchange and combine assets in parts of Europe with the aim of improving synergies and boosting operating profit. Cemex increase its presence in Central Europe through the acquisition of Holcim Cesko in the Czech Republic. The deal includes one cement plant (cement and clinker capacities of 1.1Mta and 0.9Mta, respectively), four aggregate quarries and 17 ready-mix plants. Holcim said it will continue to serve...

Cemex opens new marine terminal in Norway

16 August 2013, Published under Cement News

The southern Norwegian port of Kristiansand is now home to Cemex’s fifth marine terminal. “With this strategically-located terminal in Kristiansand we close the gap between the west and east coast of Norway, because we could not reach this geographic region by truck,” explained Andreas Rotermund, Cemex Deutschland’s commercial and logistics vice president. The first cement cargo to be unloaded at the terminal was shipped from Cemex OstZement’s Rüdersdorf works in Germany. Following the...

Titan's European profitability suffers

02 August 2013, Published under Cement News

Titan's first-half turnover improved by 4.4 per cent to €571.9m but the EBITDA fell by 17.8 per cent to €92.2m as European profitability continues to suffer. The trading profit fell by 36.6 per cent to €32m, but the net financial charge, that had dropped by 54.9 per cent to €20.5m a year ago, more than doubled to €44m. As a result, there was a pre-tax loss of €12.4m compared with a profit of €29.5m and the net attributable loss amounted to €21.8m. Capital investment recovered by 5.7 p...

Cemex expects best volume growth from USA

26 July 2013, Published under Cement News

Cemex reported a slight decline in turnover for the first half of 2013, with EBITDA also down marginally but the trading profit improved by double digits. While volumes were down in the first six months, the group sees full year sales edging ahead with the USA expected to show the best advance. Cemex' first half turnover eased by 0.7 per cent to US$7322.1m and  EBITDA came off by 1.7 per cent to US$1251.2m, but the trading profit improved 13.8 per cent to US$690.2m. Net interest payment...

CRH: acquisition and investment update, Ireland

02 July 2013, Published under Cement News

Irish building materials major CRH plc announced it has undertaken 17 acquisition and investment initiatives during the first half of 2013. These transactions, together with the acquisition of Cementos Lemona in Spain (acquired as part of the Uniland asset swap announced in February) and net deferred consideration payments, bring development spend for the first half of 2013 to approximately €470m. Proceeds to date from divestments and disposals, including the Uniland swap, amount to approxim...

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 ...