Cement News tagged under: western Europe

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S&P Global raise HeidelbergCement's credit rating

16 April 2021, Published under Cement News

S&P Global Ratings raised HeidelbergCement’s long- and short-term issuer credit ratings to BBB/A-2 from BBB-/A-3 and the issue ratings on its debt to BBB from BBB-, while giving a stable outlook.   As rationale behind the rating upgrade, S&P highlighted HeidelbergCement’s ability to significantly reduce its debt in 2020, despite the COVID-19 pandemic, thanks to extensive cost saving measures, resilient operating performance and strong cash flow. As a result, HeidelbergCement's leverag...

HeidelbergCement updates markets on preliminary 1Q21 expectations

16 April 2021, Published under Cement News

HeidelbergCement AG's preliminary 1Q21 financial figures deviate significantly from current capital market expectations. Preliminary revenue amounts to EUR3958m (previous year: EUR3930m) in 1Q21. The capital market expects EUR3873m for this key figure. The preliminary result from current operations before depreciation and amortisation (operating EBITDA) amounts to EUR538m (previous year: EUR405m) in 1Q21. The capital market expects EUR436m for this key figure. The preliminary result...

Former Blue Circle director passes away

15 April 2021, Published under Cement News

Anthony J Jackson, a former director of UK-based cement multinational Blue Circle Industries PLC, sadly passed away on 29 March at the age of 87. Mr Jackson was previously the CEO of Blue Circle’s Nigerian operations, following earlier responsibilities in the UK and Australia. He was later also responsible for the Far East segment and involved in operations in Malaysia, Singapore and Indonesia. He went on to become the CEO of Blue Circle Enterprises in the UK, responsible for all non-cement...

LafargeHolcim recognised by Solar Impulse Foundation

14 April 2021, Published under Cement News

10 LafargeHolcim green building solutions are now endorsed by the 'Solar Impulse Efficient Solution' label, recognising world-leading technologies that protect the environment in a profitable way.   The labelled LafargeHolcim solutions include ECOPact green concrete, which enables carbon-neutral building; bio-active reef concrete that restores marine ecosystems and 3D printing technologies to accelerate affordable housing and infrastructure.   Bertrand Piccard, initiator and cha...

Titan Cement Group releases 2020 integrated annual report

13 April 2021, Published under Cement News

Titan Cement Group has published its 2020 integrated annual report, which outlines the group's financial, as well as environmental, social and governance (ESG) performance.  New ESG targets for 2025 and beyond have been set, underlining the group's enduring commitment to sustainability and value creation for all. An ambitious CO 2 reduction target is set at -35 per cent by 2030, compared to 1990 levels, with the group embracing the vision of the European Green Deal and the Global Ceme...

Cemex to acquire Eqiom Granulats assets

13 April 2021, Published under Cement News

Cemex has signed an agreement to expand its French network with the acquisition of aggregate assets in the northern Paris metropolitan area.   Cemex will acquire some assets of Eqiom Granulats, including two strategically-located aggregate quarries and a rail-enabled platform that will improve customer service in Paris and surrounding areas.   "This acquisition will allow us to better serve our customers by integrating and complementing our portfolio to provide a comprehensive and ...

LafargeHolcim to vote on group name change at AGM

12 April 2021, Published under Cement News

At this year's LafargeHolcim AGM, on 4 May 2021, shareholders will be asked to vote on changing the group company name from LafargeHolcim Ltd to Holcim Ltd. As the company transforms to become the global leader in innovative and sustainable building solutions, the Board of Directors recommends simplifying its name for efficiency and impact, while building on the group's legacy. All market brands will remain in existence, as the drivers of the company's market success, building value and tr...

LafargeHolcim makes changes to Board of Directors

09 April 2021, Published under Cement News

LafargeHolcim has announced changes on its Board of Directors. Oscar Fanjul has decided to step down as Vice-Chairman after serving on the Board of LafargeHolcim since 2015 and Jan Jenisch is being appointed as a member of the Board of Directors in addition to his CEO role. Beat Hess, chairman of the Board, said: "On behalf of the entire Board of Directors, I sincerely thank Oscar for his invaluable contributions since joining the Board of LafargeHolcim in 2015. He played an instrumental ...

Geminor database for waste material recycling is launched

01 April 2021, Published under Cement News

GemiLAB  is a new database that will help analyse the quality of waste for material recycling and energy recovery. The database developed by Norway-based Geminor will assist in making cleaner fractions and better utilisation of waste in Europe. GemiLAB is a database where the content of waste volumes can be registered and analysed from producers across Europe. Through this data gathering, it will be possible to assess the quality of waste fractions over time, says GemiLAB . The d...

Buzzi Unicem outlook for 2021

30 March 2021, Published under Cement News

Buzzi Unicem's Board of Directors gave an outlook for 2021 with expected sales recovery in Italy and an economic recovery in the USA, while forecasting higher industry inflation forces for building material production going forward.  In Italy construction investments are expected to grow moderately, mainly favoured by the residential building renovation sector and by a gradual recovery of activity in the commercial and public segments. In this context, Buzzi Unicem believe that a recovery...