Cement News tagged under: italy
Buzzi SpA reports consolidated EBITDA up 58% in 1H2307 August 2023, Published under Cement NewsBuzzi SpA announced its 1H23 results reporting that consolidated EBITDA stood at EUR575.3m, up 57.6 per cent compared to EUR365.1m of the previous year. The figure for the period under review includes non-recurring income of EUR3.6m. Profit before tax amounted to EUR552.9m (EUR119.8m in the previous year), considering a contribution of EUR80.6m from equity earnings (EUR57.6m in 2022) and positive net finance costs of EUR24.9m (-EUR56m negative in 2022). After income taxes of EUR121.7m... |
Italy’s cement supply declines 13% in May, but prices see 13% increase02 August 2023, Published under Cement NewsCement production in Italy fell by 13 per cent YoY in May 2023, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output value increased from 90 in April 2023 to 93 one month later. Cement prices increased 13 per cent YoY in May 2023, following a 27 per cent YoY rise in April 2023. Compared with the 2015 base index, prices edged up from 208 in April 2023 to 209 in May 2023. External trade Grey cement imports saw a 13 per cent YoY dr... |
Cementir reports 36% rise in 1H net profit28 July 2023, Published under Cement NewsCementir Holding posted broadly stable sales of EUR454.5m in the second quarter of 2023. Growth in Turkey, Asia-Pacific and Egypt was able to partially offset a decrease in revenues in the Nordic and Baltic area, Belgium and the USA. In the 2Q23 cement and clinker volumes sold declined by 6.8 per cent YoY to 2.8Mt due to a slowdown in sales in Denmark, Turkey, Belgium and the USA, despite the increase seen in China, Egypt and Malaysia. In the 2Q23 sales of ready-mixed concrete were down ... |
Cement prices in Italy see 27% rise in April05 July 2023, Published under Cement NewsCement production in Italy declined by 13 per cent YoY in April 2023 in addition to a nine per cent YoY drop in March, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value decreased from 101 in March 2023 to 90 in April 2023. Cement prices in April 2023 increased 27 per cent when compared with April 2022, following a 34 per cent YoY increase in March 2023. Compared with the base year of 2015 the price index reached 208 in F... |
Can CBAM create a level playing field for CO2 emissions?19 May 2023, Published under Cement NewsThis week, Eurostat released the EU cement industry statistics for 2022. There has been little change from 2021 when EU27 imports of cement and clinker totalled around 9.5Mt, but in 2022 imports rose above 10Mt for the first time. It is a rising trend that has continued to evolve since pre-2016, when clinker and cement imports to the EU27 totalled less than 2.5Mt. Meanwhile, cement and clinker exports from the EU27 have slumped from nearly 25Mt in 2016 to around 13Mt in 2022 with the UK and ... |
Buzzi Unicem changes name to Buzzi SpA19 May 2023, Published under Cement NewsItalian-based Buzzi Unicem hs changed its name to Buzzi SpA as of 18 May 2023. The name change was ratified by an extraordinary shareholders meeting on 12 May 2023. The names of the international cement producer's subsidiaries remain unchanged. |
Buzzi Unicem posts 1Q23 consolidated net sales of EUR955.9m15 May 2023, Published under Cement NewsConsolidated net sales for Buzzi Unicem in the 1Q23 reached EUR955.9m, a rise of 19.5 per cent compared to EUR8000.1m the 1Q22. However, Buzzi Unicem reported to a decline in sales volumes for the group in the first three months of 2023, both for cement (-8.8 per cent) and ready-mix concrete (-12.2 per cent). The strengthening of cement prices offset lower volumes in sales. Cement sales totalled 5,803,000t in the 1Q23 compared to 6,363,000t in the 1Q22. Ready-mix sales totalled 2,364,... |
Italian cement production up 3% in February05 May 2023, Published under Cement NewsCement production in Italy increased by three per cent YoY in February 2023, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value advanced from 66 in January to 87 in February 2023. Cement prices in February 2023 remained stable MoM at 212 when compared with the base year of 2015 (=100). Federbeton reported a 35 per cent increase when compared with February 2022. External trade Grey cement imports in January 2023 advance... |
Taiwan Cement Group plans green bond04 May 2023, Published under Cement NewsTaiwan Cement Group is planning to issue green bonds through its subsidiary in Europe, marking the first time the group has sold such bonds to finance environmentally-friendly projects. In a statement to the Taiwan Stock Exchange, Taiwan Cement Co (TCC) said its energy storage subsidiary NHOA SA in Italy will sell convertible green bonds with a maturity of five years, aiming to raise EUR250m (US$276m). In July 2021, through its subsidiary Taiwan Cement Europe Holdings BV, TCC acquired... |
Buzzi Unicem reports on sustainability achievements21 April 2023, Published under Cement NewsBuzzi Unicem has lowered its specific gross scope 1 CO 2 emissions from 689kg/t cementitious product in 2021 to 664kg/t in 2022, according to its 2022 Sustainability Report. This marks a 3.6 per cent reduction YoY. Compared to 2020, scope 1 CO 2 emissions are down 4.3 per cent. Specific thermal consumption has fallen from 4138MJ/t clinker in 2020 to 4106MJ/t in 2021 and 4084MJ/t in 2022. Meanwhile, the group’s thermal substitution rate fell from 29.2 per cent in 2020 to 27.8 per cent in... |