Cement News tagged under: europe
Cemtech Europe 201205 November 2012, Published under Cement NewsCemtech Europe 2012 was held in Geneva, Switzerland, for the first time, on 23-26 September. More than 250 delegates assembled at the Intercontinental Hotel to hear the latest market trends and a wide variety of technical presentations on cement-related topics. On the final day attendees were also invited to take part in either a technical workshop or a tour of Holcim’s Eclépens plant. Cemtech Europe 2012 welcomed delegates to Geneva, Switzerland, for its 21st anniversary conference, ... |
Europe: 2012 trends and outlook05 November 2012, Published under Cement NewsEurostat data published earlier this week shows that August was the eighth month in a row to register YoY declines in Eurozone construction output among member states – the latest confirmation that a slowdown in overall European construction activity and cement demand shows no real signs of relenting. Figures from Eurostat show that compared with August 2011, output in August 2012 dropped 5.5 per cent in the Eurozone and 6.8 per cent in the EU27, with the strongest declines seen in Portug... |
Cemex Spain lay off 370 workers as cement consumption plummets29 October 2012, Published under Cement NewsCemex Spain has lodged an employment regulation (ERE) for 370 workers, 21.2% of the 1740 employees that the Mexican multinational has in the country. The company justifies this measure of 'Horizon Plan' by the collapse in demand for cement in Spain, which "is putting at serious risk the future of this industry." Other measures include reducing eight factories to three to produce cement. So, it keeps its integrated production at the plants of Morata de Jalon (Zaragoza), Lloseta (Baleare... |
Construction held by challenging macroeconomic environment08 October 2012, Published under Cement NewsA recent research note by analysts at CM-CIC Securities sees four main themes for the global construction sector in light of a prevailing harsh macroeconomic environment. While diverse trends are being witnessed in the US and Europe and emerging markets are expected to see a slowdown in growth, a turning point could be reached in 2012-13 in terms of margins. Taking a historical look, the France-based research house highlights that today's construction industry crisis, which was fuelled by... |
Euro construction falls in July20 September 2012, Published under Cement NewsEuro-area construction output fell for a second month in July, led by declines from Spain to The Netherlands. Construction in the 17-nation euro area fell 0.3 per cent from June, when it dropped a revised 0.6 per cent, the European Union’s statistics office in Luxembourg said. From a year earlier, construction output declined 4.7 per cent. In Italy and Spain, the euro region’s third- and fourth- largest economies, output dropped 2.2 per cent and 2.1 per cent in the month, respectively, the... |
Global market outlook17 September 2012, Published under Cement NewsAnalysts at Jefferies International have recently provided an update on their expectations for global cement markets. While prospects for the US are improving, emerging markets are beginning to face uncertainties and the outlook for Europe is weaker than it previously anticipated. US markets have performed stronger than expected in 2012, having risen 15 per cent in the first half to 37Mt. While growth slowed in June and the rate is expected to ease to around three per cent for the remaind... |
ANH Refractories revamps cement division06 September 2012, Published under Cement NewsANH Refractories is launching a revamped range of products for the cement manufacturing sector following a period of intensive testing and research. The American owned company says its subsidiary, ANH Refractories Europe now manufactures and distributes its comprehensive range of refractory products for cement kilns from its Bromborough UK plant to customers worldwide.? ANH Europe managing director Peter Rooney said the aim is to simplify customers’ product selection process and drive... |
The US recovery is the one bright spot for Titan30 August 2012, Published under Cement NewsTitan’s first half turnover declined by 1.6 per cent to €547.9m and the EBITDA fell by 21.3 per cent to €112.1m, as the cement producer is caught amid a continued downturn it its domestic market of Greece and US operations prove to be its only bright spot. Titan’s trading profit fell 39.5 per cent to €50.5m, but the net financial charge dropped by 54.9 per cent to €20.5m, reducing the fall in the pre-tax profit to 21.8 per cent to €29.5m. The net attributable profit emerged 65.3 per cent l... |
Lafarge: July '1203 August 2012, Published under Cement NewsLafarge's 1H turnover increased by an underlying 4.9 per cent to €7614m and the EBITDA rose by 7.8 per cent to €1523m, while the trading profit increased by 14.7 per cent to €1022m. A lower €46m gain was taken on the sale of emission permits in the period. The net attributable profit, after charging restructuring costs and writing €200m off the assets in Greece, tumbled 95 per cent to €13m. Net debt at the end of June was 12 per cent lower at €12,550m and the gearing increased slightly from... |
US operations boost Cemex’s second quarter results23 July 2012, Published under Cement NewsCemex has reported its highest quarterly EBITDA since the third quarter of 2009 as a pick-up in US operations helps to offset declines in Europe and Mexico. Net sales reached US$3.9bn during the second quarter of 2012, an increase of 1% on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus 1Q11. Operating EBITDA increased by 11% during the quarter to US$702m versus the same period in 2011. On a like-to-like basis, operating EBITDA increased by ... |