Cement News tagged under: western Europe
FLSmidth's group revenue rises 2% in 3Q2313 November 2023, Published under Cement NewsFLSmidth's consolidated group revenue increased by two per cent in the 3Q23 compared to the 3Q22. Adjusted for integration costs of DKK119m (US$17m), the EBITA margin was 10.1 per cent in the 3Q23. Including integration costs, the EBITA margin was eight per cent in the 3Q23 compared to 5.9 per cent in the 3Q22. Excluding the AFT divestment gain, the underlying EBITA margin was 6.3 per cent. The Non-Core Activities (NCA) divestment to KOCH Solutions had no material impact on EBITA for the qua... |
Lafarge Africa reduces CO2 emissions through AF use10 November 2023, Published under Cement NewsLafarge Africa has reduced is CO 2 emissions from 595kg CO 2 /t in 2021 to 574kg CO 2 /t in 2022 through the use of alternative fuels and energy-efficient technologies. According to the company’s 2022 Sustainability Report, its global thermal substitution rate in 2022 stood at 13.5 per cent, compared to 9.4 per cent in 2021, reports This Day. Prince Adebode Adefioye, chairman, Lafarge Africa, said, “I am delighted to present Lafarge Africa Plc’s latest Sustainability Report, highligh... |
Titan announces 14% sales rise in 9M2310 November 2023, Published under Cement NewsTitan 's group sales in the 9M23 increased by 14 per cent to EUR1892m YtD driven by increased volumes in all its regions and by solid pricing levels. Group EBITDA reached EUR397m YtD, up by 72 per cent as the group’s margins restored. Net profit more than doubled in the YtD to EUR198m. The group’s nine-month 2023 net profit after taxes and minority interests (NPAT) more than doubled, reaching EUR197.6m, compared to the EUR89.1m recorded in the same period in 2022. Growth-oriented capital... |
Buzzi SpA announces consolidated 9M23 net sales of EUR3303m09 November 2023, Published under Cement NewsBuzzi SpA announced that consolidated net sales in the 9M23 were equal to EUR3303m, up 9.9 per cent compared to EUR3004m in 9M22. Cement and concrete volumes fell -8.1 and -12 per cent YoY, respectively, due to a significant contraction of demand in central and eastern Europe, and to a less marked weakness in Italy and the United States. Cement and clinker sales of the group, in the first nine months of 2023, stood at 20.1Mt (21.9Mt in 9M22). Ready-mix concrete output reached 7.7Mm ... |
Holcim arrange shareholding agreement for Elite Cementos09 November 2023, Published under Cement NewsThe shareholders of the company Élite Cements SL , Grupo Simetry and Holcim España, have reached an agreement by which Holcim acquires the entire share capital of Élite Cements, thus becoming the sole partner of the company. Elite Cementos, located in the port of Castellón-el Grao, will continue to operate under the same brands and will continue its commercial activity, under Holcim Spain . For its part, Simetry Group continues with its diversification strategy. In recent years, Si... |
Saint-Gobain signs solar energy agreement09 November 2023, Published under Cement NewsSaint-Gobain has signed a 14-year renewable electricity supply agreement with Alpiq Energie France. The contract covers the purchase of electricity generated by two solar farms located in Moselle, northeast France. Alpiq Energie France will supply over 500GWh of solar electricity to Saint-Gobain over the course of the agreement. As a result, 11 Saint-Gobain plants in France will use 100 per cent solar electricity. This contract is the third such agreement signed by Saint-Gobain in Fra... |
Holcim sets out European ambitions08 November 2023, Published under Cement NewsHolcim intends to drive profitable growth in Europe, reaching CHF10bn (US$11.1bn) in net sales and CHF1.6bn in EBIT by 2026 with increasing margins. According to the company, its ambition is to achieve annual organic growth of above four per cent in net sales and more than eight per cent in recurring EBIT to 2030 in Europe, while reducing CO 2 per net sales by 60 per cent compared to 2020. Miljan Gutovic, region head Europe, said, “Europe offers the most advanced regulatory environmen... |
Cementir posts group revenue of EUR1288.9m in 9M2307 November 2023, Published under Cement NewsDuring the first nine months of 2023, Cementir Holding Group reports group revenue from sales and services reached EUR1288.9m, up 0.8 per cent compared to EUR1278.6m in the 9M22. The substantial stability in revenues derives from the combined effect of the increase in average sales prices, against the reduction in volumes sold, and the weakening of local currencies, with different dynamics in the individual geographic areas. EBITDA amounted to EUR321.1m, an increase of 32.6 per cent c... |
Northern Region Cement awards EPC contract for new line07 November 2023, Published under Cement NewsKHD Humboldt Wedag and AVIC have been awarded a major EPC contract for engineering, equipment supply, construction, commissioning and site services for a new 3500tpd production line for Northern Region Cement Co , Saudi Arabia. The plant will be located in Iraq and marks a total investment of around US$139m. KHD Humboldt Wedag will design and deliver the plant with the latest sustainability-driven technologies, while AVIC, KHD’s parent company, will complete the EPC project in a record ... |
UNTHA appoints global marketing director07 November 2023, Published under Cement NewsAustria-based shredding technology specialist UNTHA has appointed a new global marketing director as part of its plans for significant growth over the next five years. Katie Mallinson has joined the EUR80m turnover company following almost 15 years working with the business as a supplier. Until recently, she was managing director of global communications firm Scriba PR, which she founded in 2013. Now a permanent member of the UNTHA team, her role is to support the continued expansion of UNT... |