Cement News tagged under: western Europe

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Carbon8 Systems to participate in South Wales industrial cluster project

20 April 2021, Published under Cement News

The South Wales Industrial Cluster (SWIC), a partnership between industry, energy suppliers, infrastructure providers, academia, legal sector, service providers and public sector organisations, has been awarded GBP1.5m from UKRI’s Industrial Decarbonisation programme to map what is needed to support South Wales in becoming a net-zero carbon region by 2050. Carbon8 Systems is part of the SWIC partnership companies and has already shown its capabilities of reducing CO 2 emissions with carbo...

Cement consumption in Spain up 8% in 1Q21

19 April 2021, Published under Cement News

Spanish cement demand advanced 8.4 per cent YoY in the first quarter of 2021, reaching 3,378,281t, reports Oficemen, the country’s cement association. The hike reflects the low based of demand in the 1Q20 as the country entered lockdown due to the coronavirus pandemic. “You have to look very cautiously at the percentage data for March, which show a growth of 52.6 per cent when compared to the start of the pandemic, when the stoppage of many of the works weighed down consumption by about 30...

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 ...