M&A in Italy: a step in the right direction
News that Buzzi Unicem is acquiring fellow Italian cement producer Cementizillo SpA is seen as a small but welcome step in the right direction for the fragmented Italian cement...
Italy
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Buzzi Unicem strengthens position in Italy
Buzzi Unicem is expanding its position in northen Italy with the acquisition of Cementizillo SpA. A total of 47.9 per cent of Cementizillo’s share capital has just been acquire...
Paolo Zugaro appointed general manager of Cementir Holding
The Board of Directors of Cementir Holding SpA on 11 May 2017 appointed Paolo Zugaro as General Manager of the company. Effective 1 May, Mr Zugaro is also Chief Operating Offic...
Buzzi Unicem first quarter volumes ahead
Buzzi Unicem's first-quarter turnover improved by 8.9 per cent to EUR588.5m. Net debt at the end of March was 4.1 per cent higher at EUR979.9m, while capital expenditure was re...
Cementir benefits from acquisitions
Cementir's first-quarter turnover rose by 33 per cent to EUR279.9m while on a like-for-like basis the improvement was just 0.5 per cent. EBITDA improved by 7.9 per cent to EUR2...
Cemtech Rome 2017
Cemtech Rome has successfully concluded after being held on 1-4 October 2017 at the Sheraton Roma Hotel and Conference Center. Please view a full report of the event her...
The world in 2016 and outlook for 2017
This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new er...
Cementir CEO: Italy's cement market has finally reached the bottom
In an interview with Reuters, CEO and Chairman of Cementir Holding, Group Francesco Caltagirone jr, said "After nine year of contraction of cement output, I think the Italian m...
Italy: Monselice cement plant to burn SRF
The 0.7Mta capacity Monselice cement plant (Cementizillo group), in Padova, Italy, has received so the authorisation to substitute 50 per cent of its petcoke firing with solid ...
Italcementi hit by restructuring and impairment charges
Italcementi's first-half turnover declined by 2.1 per cent to EUR2122.6m and running EBITDA was 7.6 per cent lower at EUR300m. Hit by restructuring and impairment charges, the ...