Cement News tagged under: italy

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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 ...

Tasek’s fabric filter conversion

24 March 2020, Published under Cement News

CTP Team has completed an ESP conversion project for Tasek Corp’s Ipoh cement plant in Malaysia to help the producer comply with new regulations for dust emissions at the stack. The 3-in-1 fabric filter system is designed with 12m-long bags equipped with SWAP cleaning technology,and required smart-thinking to fit an existing footprint. By CTP Team, Italy. Fabric filter at Tasek Corp’s Ipoh plant, Malaysia At the beginning of 2017 CTP Team entered negotiations with Tasek Corporat...

Italcementi presents fast-setting cement mixture for 3D printing

19 February 2020, Published under Cement News

Italcementi has presented a new concrete mixture developed specifically for construction 3D printing applications at the BAUTEC conference in Berlin, Germany. The new mixture is developed to be fast setting, to enable deposition of more complex geometries, and also more sustainable, in line with the company's targets for more sustainable construction processes. Italcementi, part of the HeidelbergCement Group, began studying 3D printing technology in 2015 at the company's laboratories (ie,...

Cementir sales advance in most areas, but net profit falls

14 November 2019, Published under Cement News

Cementir's turnover for the first nine months of 2018 improved by 1.5 per cent to EUR906.12m and EBITDA advanced by 11.6 per cent to EUR181.84m. However, the trading profit eased by 2.8 per cent to EUR103.5m reflecting the application of IFRS 16. After a net financial charge profit of EUR19.8m compared with a EUR32.4m profit, the pretax profit fell by 39.7 per cent to EUR83.7m. Net debt at the end of September was EUR346.3m, slightly higher than the EUR339.6m reported a year earlier. The ...

Buzzi Unicem sees improved cement volume and stable in concrete

08 November 2019, Published under Cement News

Buzzi Unicem's turnover for the first nine months of 2019 was up by 13.4 per cent to EUR2423.6m, but ignoring exchange rate movements the increase would have been 9.9 per cent. Net debt at the end of September was EUR13.3m lower than a year earlier at EUR710.1m. Capital investment in the period was 19.2 per cent higher at EUR260.8m.  Cement deliveries were 5.7 per cent higher at 22.13Mt, while ready-mixed concrete deliveries advanced by just 0.4 per cent to 9.1Mm³. The Italian turnover wa...