Cement News tagged under: western Europe
A new focus for HeidelbergCement18 September 2020, Published under Cement NewsHeidelbergCement's 2020 Capital Markets Day – 'Beyond 2020' set out many ambitious forward targets for the global building materials company as it looks to strengthen its core portfolio and embrace the megatrends of increasing urbanisation, digitalisation and a shift towards a low-carbon future. In a bold move, it has brought forward some of its key targets for carbon reduction by five years. A simplified organisational structure will also see one global function per board member. 'Beyo... |
HeidelbergCement to end clinker production in Leimen18 September 2020, Published under Cement NewsHeidelbergCement announced the shutdown of clinker production at its cement plant in Leimen in Germany’s Rhine-Neckar region by the end of 2022 or beginning of 2023 as limestone reserves in the Nussloch quarry are depleted. In addition, the kiln lines are no longer state-of-the-art and would have required several million euros of investments and hence, clinker production going forward is not considered an economically-viable option, according to the cement producer. The workforce will be re... |
Breedon Group PLC announces GBP581m revenues for first eight months trading17 September 2020, Published under Cement NewsBreedon Group Plc delivered revenues for the first eight months of the year of GBP531m (2019: GBP624m), including a one-month contribution from its recently-acquired Cemex assets in the UK. The Board has reviewed the latest management forecasts and is now in a position to reinstate guidance for the 2020 financial year. Accordingly, Breedon Group currently anticipates delivering second-half underlying EBIT broadly in line with the 2H19, which would deliver a result in excess of the average ... |
Creating France’s post-COVID-19 landscape14 September 2020, Published under Cement NewsWhile the coronavirus pandemic has affected France’s construction sector, going forward there are new opportunities for domestic cement producers as they support a shift in focus, creating a different landscape to address climate change. By Syndicat Français de l’Industrie Cimentière (SFIC), France. Prior to the outbreak of COVID-19 in France, domestic cement output had increased by 4.4 per cent in January and market growth accelerated to 5.2 per cent in February, according to I... |
Breedon welcomes CMA announcement on Cemex asset acquisitions10 September 2020, Published under Cement NewsBreedon welcomes today's announcement from the Competition and Markets Authority (CMA) that it has reasonable grounds for believing that the undertakings offered by Breedon in connection with its completed acquisition of certain assets and operations from Cemex, or a modified version of them, might be acceptable. These undertakings will require the divestment of a small number of ready-mixed concrete plants and an asphalt plant in England, as well as two quarries and a cement terminal in S... |
IKN wins German pyroline order08 September 2020, Published under Cement NewsIKN has been awarded a contract from the Märker Group encompassing the engineering, supply, and installation of an entire 3000tpd pyroprocessing line, from raw meal feeding to clinker transport. By upgrading its cement plant at Harburg, Germany, Märker leads the company towards a sustainable future. IKN will supply and installation of a single-string, five-stage preheater tower with an inline calciner and Fire Bed Combustor for refuse-derived fuel, a three-station kiln with burner, an IKN... |
Cemex España seeks authorisation for Cemex Latam public offering08 September 2020, Published under Cement NewsCemex España has requested the authorisation of the Financial Superintendency of Colombia (SFC) to begin a public offering of every ordinary and outstanding share of Cemex Latam registered in the National Register of Securities and Issuers of Colombia and the Colombian Securities Exchange. The public offering is expected to be addressed to all Cemex Latam shareholders, with the exception of those owned by Cemex España or Cemex Latam. The bid review is estimated to take between 2-4 weeks. ... |
Germany's VDZ extends cautious outlook02 September 2020, Published under Cement NewsSpeaking about the development of the German cement market, Christian Knell, president of Germany's cement association VDZ, says "It has rarely been so difficult to make a forecast as it is this year.” Since March 2020 the coronavirus pandemic has created a great deal of uncertainty amongst most people and companies in this country. So far the cement manufacturers have had no grounds for complaint, not least because favourable weather conditions helped the cement market to get off to a goo... |
Simon Willis appointed new MPA chairman02 September 2020, Published under Cement NewsHanson UK CEO, Simon Willis, has been named as the new MPA chairman for the next two years, succeeding Martin Riley, Tarmac’s vice president. “We are delighted that Simon has agreed to pick up the baton from Martin and become the 8th Chairman of MPA. His wide industry knowledge and experience will be invaluable to the association as we look to play our part in the economic recovery whilst continuing to operate safely and securely until a vaccine for Covid-19 is available and tackle other m... |
CRH revenues expected to recover in 3Q2028 August 2020, Published under Cement NewsFollowing the release of CRH's 2020 interim results last Friday, ICR now takes a deeper look at what the underlying trends have been for the company's trading performance during this challenging period. First-half sales for the group were five per cent behind, with like-for-like (LfL) sales three per cent behind the 1H20, as a positive performance in the first quarter was followed by significant disruption in the second quarter. EBITDA of US$1.59bn down when compared with 2019 (1H19: US$1.6... |