Cement News tagged under: Italy

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Cementir Holding NV is awarded B rating from Carbon Disclosure Project

18 December 2020, Published under Cement News

Cementir Holding NV has been awarded a ‘B’ rating from Carbon Disclosure Project (CDP), recognising its actions to mitigate climate change and its significant commitment to a low-carbon economy. This result represents a strong improvement from previous ‘F’ rating and puts Cementir amongst the top players in the cement industry and much better than the average company, considering a CDP European and Global average rating of ‘C’. "We are proud to be recognised for our efforts to address ...

Cementir launches FUTURECEM™ with up to 30% lower carbon emissions

11 December 2020, Published under Cement News

On 1 January 2021, Cementir will begin distributing the cement of the future, named F UTURECEM ™, which has a carbon footprint that is up to 30 per cent lower compared to regular cement. Cementir herlads the launch of the patented F UTURECEM ™ technology as a significant contribution to both the green transition of Cementir Group and the construction industry in general.   F UTURECEM ™ is a new grey cement innovated by the group's research and development department in Aalborg, Denmark, ...

Cementir sales up but profit slips in 9M20

13 November 2020, Published under Cement News

Cementir posted a revenue of EUR896.8m in the nine-month period ended 30 September 2020 down one per cent YoY, according to a company statement. EBITDA declined 2.1 per cent to EUR178.1m from EUR181.8m. Profit before taxes decreased 2.3 per cent to EUR81.2m in January-September 2020 when compared with EUR83.7m in the equivalent period of the previous year.  “In the first nine months of 2020, despite the serious pandemic, the Group reported a 11.3 per cent increase in cement volumes sold, m...

Buzzi Unicem records cement and clinker sales of 21.7Mt in 9M20

10 November 2020, Published under Cement News

Buzzi Unicem announced that cement and clinker sales for the group totalled 21.7Mt in the 9M20, down 1.8 per cent compared to the previous year. Ready-mix and concrete sales contracted by 4.9 per cent to 8.7Mm 3 . Consolidated net sales stood at EUR2408m, a minor dip of 0.6 per cent on the EUR2423.6m earned in the 9M19. On a like-for-like basis net sales would have slipped 0.3 per cent. The summer period was characterised by positive developments in Italy, thanks to a better-than-expec...

Buzzi Unicem proposes mandatory conversion of saving shares into ordinary shares

12 October 2020, Published under Cement News

Buzzi Unicem has announced its intention to convert savings shares into ordinary shares to streamline and simplifying the capital structure of Buzzi Unicem SpA, as well as at reducing corporate obligations and costs associated with the existence of different categories of shares. The Board of Directors of Buzzi Unicem SpA resolved to submit the proposal to shareholders for the mandatory conversion of savings shares into ordinary shares (the 'Conversion'), on the basis of a conversion rati...

Turkish cement exports to Italy and world markets increase

21 August 2020, Published under Cement News

Cement exports from Turkey to Italy increased by 0.1 per cent from January through June 2020 compared to the same period in 2019, amounting to US$70.4m, reports the Turkish Ministry of Trade. The export of cement from Turkey to Italy increased by 41.8 per cent in June 2020 compared to June 2019 and amounted to US$14.3m. From January through June 2020, the export of cement from Turkey to the world markets decreased by one per cent compared to the same period of last year, amounting to US$1.7...

Carthage Cement begins exporting cement to Italy

22 June 2020, Published under Cement News

Tunisia’s Carthage Cement launched its first export shipment of 4100t of EC-certified Portland cement to Italy last Friday. The dispatch is reportedly part of a larger contract to supply 250,000t of cement and clinker to Europe. "Our company has got a certification of the products in compliance with the requirements of the European standards, which has helped us be the first to enter the European market and we intend to remain there," indicated Brahim Sanaa, CEO, Carthage Cement.

Buzzi Unicem: Italy and beyond

26 May 2020, Published under Cement News

The growth of Buzzi Unicem into a major multinational has taken more than a century. While its operations span the Atlantic and stretch to the Russian Urals in the east and the Mediterranean Sea and Middle East to the south, the company remains a family business with a fascinating history of cement, ready-mix and aggregate production. In its home base of Italy, Buzzi Unicem operates around 13Mta of cement capacity, including the Vernasca plant pictured Buzzi Unicem’s roots date ...

Buzzi Unicem records 1Q20 net sales of EUR688.5m

12 May 2020, Published under Cement News

Buzzi Unicem has released its 1Q20 results which saw net sales reach EUR688.5m, up 4.9 per cent on 1Q19. Cement sales rose by 0.4 per cent to 6Mt, while concrete volumes fell by 3.5 per cent to 2.5Mm 3 , compared to 1Q19. Net debt as at 31 March 2020 amounted to EUR525.2m, EUR46.6m lower compared to the year-end 2019. Since March production and business activities have been severely hampered by the outbreak of COVID-19 in Italy, Luxembourg and eastern Europe. Buzzi Unicem reports construct...

Buzzi Unicem sees 12% rise in sales, stable net profit in 2019

26 March 2020, Published under Cement News

Italy-based Buzzi Unicem reported a 12.1 per cent rise in net sales in 2019 to EUR3.221bn in 2019, up from EUR2.874bn. The company posted a 4.3 per cent YoY rise in cement sales to 29.122Mt in 2019 while ready-mix sales remained stable at 12.1Mm3 over the same period. EBITDA surged to 26.1 per cent to EUR728.1m in 2019 while recurring EBITDA saw a 23.9 per cent jump to EUR704.4 when compared with the previous year. Net profit advanced by 0.8 per cent to EUR385.9m and consolidated net profit ...