Cement News tagged under: europe

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Cemex sales decline by 10% in 2Q20

28 July 2020, Published under Cement News

Cemex reported significant disruption from COVID-19 in 2Q20. Sales declined by 10 per cent YoY and EBITDA fell by six per cent to US$554m. These decreases were attributed to lockdown measures. The decline in quarterly consolidated net sales was due to lower volumes for the company's three core products in almost all regions. The USA was the one exception with cement volumes growing six per cent. Net operating earnings before other expenses decreased 17 per cent to US$279m on a like-for-li...

LafargeHolcim launch ECOPact concrete to more territories

24 July 2020, Published under Cement News

LafargeHolcim has launched ECOPact, the industry's broadest range of green concrete, delivering high-performing, sustainable and circular benefits, the company claims. After a successful market adoption in Europe, ECOPact is now available in the US with plans to expand into the UK, Canada, Latin America and other markets worldwide in the coming months. This introduction is an essential component of the company's strategy to advance the transition towards low-carbon and circular constructi...

European building materials sector shows resilience

17 July 2020, Published under Cement News

Following the downturn in activity for the French construction materials sector in April, the following month saw the beginnings of a sequential recovery and even more impressive results were noted in June, according to a CIC Market Solutions (France) report. The country’s ready-mix sector saw activity return from -62 per cent YoY in April to +14-20 per cent in June, while distribution activity recovered to +12-14 per cent in the same month. The positive boost for the sector has stimulate...

HeidelbergCement announces EUR0.60 dividend per share at AGM

05 June 2020, Published under Cement News

HeidelbergCement held its 131st Annual General Meeting (AGM) yesterday with around 1000 people following the live transmission on the Internet. Prior to the AGM shareholders submitted a record 120 questions (previous year: 36 questions). For the 2019 financial year, HeidelbergCement shareholders will receive a dividend of EUR0.60/share (2018: EUR2.10). The total distribution to shareholders thus amounts to around EUR119m. The dividend will be paid on 9 June 2020. In view of the scope and...

Pandemic to seriously affect global cement trade

08 May 2020, Published under Cement News

At Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 and the many government lockdowns that have been implemented worldwide.  "Seaborne trade of cement and clinker will be seriously affected," said Mr Ligthart, adding: "There will be a global reduction in cement consumption and the result of that for seaborne trade and distribution is that the drop w...

HeidelbergCement releases 1Q20 results

07 May 2020, Published under Cement News

HeidelbergCement has recorded a seven per cent decline in revenue to EUR3.93bn for the first quarter of 2020, compared with EUR4.24bn in the year-ago period. The company saw sales volumes across all lines increase in January and February, however, its volumes from mid-March were severely affected by the coronavirus pandemic. As a result, total cement and clinker sales volumes decreased three per cent YoY to 27.7Mt from 28.6Mt. Deliveries of aggregates also fell four per cent to 60.1Mt in t...

GCCA publishes biodiversity guidelines for quarries

07 May 2020, Published under Cement News

The Global Cement and Concrete Association (GCCA) has published new guidelines aimed at further improving the biodiversity performance of the industry's quarries. The guidelines support the Association’s Sustainability Charter implementation. Member companies will use the guidelines to implement agreed good practices as well as a framework for reporting progress against key performance indicators (KPIs). Benjamin Sporton, GCCA CEO, said: "These new guidelines are an important example of ...

Salonit Anhovo restarts cement production

06 May 2020, Published under Cement News

Slovenian cement producer, Salonit Anhovo (Wietersdorfer Group) has resumed cement operations after 14-day shutdown due to the COVID-19 pandemic that caused reduced demand for its domestic market and exports to Italy. Production was suspended on 20 April and resumed on 4 May, as the company used the two-week break to carry out maintenance works, while continuing to make cement shipments to meet the needs of its clients during the period, Salonit Anhovo said. "Construction sites in Italy ha...

RHI Magnesita reports resilient 1Q cement business

05 May 2020, Published under Cement News

RHI Magnesita NV reports that the Industrial division continued to perform well in 1Q20, particularly in cement. Trading activity in the steel division remained weak in Europe and South America, largely offset by a robust performance in North America. Overall, demand levels were similar to the 1Q19 with EBITA slightly ahead, in line with management expectations. Raw material prices fell further in 2020, given the reduction in overall demand and uninterrupted supply from China, which has h...

Designing the carbon border mechanism

03 April 2020, Published under Cement News

This week, Cembureau released its position paper on the EU carbon border mechanism (CBM), largely welcoming the prospect. Since one of the main risks with the EU ETS carbon market is that of carbon leakage, where companies transfer the production of certain products to countries outside of the EU, the CBM would be designed to counteract this by placing a carbon price on imports of those goods from outside Europe. The completion of a feedback period on the roadmap of the CBM was reached on ...