Cement News tagged under: western Europe
TITAN updates its 2030 greenhouse gas emission reduction targets11 November 2022, Published under Cement NewsTITAN Group has updated 2030 greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) as consistent with the levels required to limit the global temperature increase to 1.5°C. By 2030 TITAN Group commits to reduce Scope 1 (gross), 2 and 3 (gross) GHG emissions covering produced and purchased cement and clinker, by 25.1 per cent per tonne of cementitious product sold by 2030, from a 2020 base year (the target boundary incl... |
Mannock receives Volvo tipper trucks11 November 2022, Published under Cement NewsMannok ’s Fleet Replenishment Programme has reached another milestone with the delivery of three new, custom-built 58t mountain tipper trucks, which will increase productivity and efficiency of the mountain truck fleet. The Replenishment Programme aims to upgrade and replace older fleet vehicles, and this latest phase brings the total number of new road-going and mountain truck fleet to 135 since the multi-million-pound programme of investment began in 2015. Mannok worked with... |
Titan records consolidated sales of EUR1662m in 9M2210 November 2022, Published under Cement NewsTitan Group's consolidated sales for the first nine months of 2022 reached EUR1661.8m posting a 31.6 per cent increase. Energy costs have seen their highest levels during the early part of the 3Q22. However, the group was able to both increase prices as well as work on improving the energy mix, achieving a higher EBITDA. In the 3Q22 EBITDA recorded a strong increase of 23.9 per cent versus EUR95.4m in the3Q21, while year-to-date EBITDA increased to EUR234.5m, 6.8 per cent above 2021. ... |
Buzzi Unicem records net sales of EUR3bn in 9M2209 November 2022, Published under Cement NewsBuzzi Unicem reported consolidated net sales in the 9M22 of EUR3004m, up 18.2 per cent compared to EUR2542m in 9M21. Cement and clinker sales of the group, in the first nine months of 2022, reached 21.9Mt, down 6.2 per cent compared to the previous year. Ready-mix concrete sales closed with a more moderate slowdown at 8.8Mm 3 , a fall of 2.8 per cent. Foreign exchange rate variances positively contributed for EUR160.9 m. Net debt improved from EUR16.8m at the end of 2021 to a positive pos... |
Swiss market contracts 3% in 3Q2209 November 2022, Published under Cement NewsCement deliveries in Switzerland, including Liechtenstein, declined by 2.6 per cent to 1,080,399t in the third quarter of 2022 from 1,108,772t in the 3Q21, according to the Swiss cement association, cemsuisse. In the January-September 2022 period, sales edged up 1.1 per cent to 3,174,108t from 3,139,313t in the 10M21. Ordinary Portland cement (CEM I) sales were down 5.4 per cent YoY in the 3Q22 with 9M CEM I sales down 0.3 per cent YoY. Cement deliveries by rail remained stable with 36... |
CIC-Market Solutions revises up Heidelberg Materials09 November 2022, Published under Cement NewsCIC-Market Solutions has softened its negative scenario post 2022 for Heidelberg Materials . It has raised its 2023 EBITDA projection to EUR3537m (down EUR128m versus 2022E), versus a previous estimate of EUR3439m. This is despite the prospect of falling demand in 2023 in the main European countries (-3 to -10 per cent compared to 2022). CIC-Market Solutions advises that the change in its forecast is firstly due to European producers being determined to pass on the increase in factor ... |
Vicat posts 16% increase in 9M consolidated revenue08 November 2022, Published under Cement NewsVicat posted a 15.7 per cent YoY increase to EUR2697m (US$2691m) in consolidated revenue at constant scope and exchange rates in the January-September 2022 period. On a reported basis, the increase was 14.6 per cent YoY. The variation takes into account a negative foreign exchange effect of more than EUR9m as the euro appreciated against the lira and the Egyptian pound. The scope of the result also fell by nearly EUR17m due to the sale of Créabéton in Switzerland, which was only partly off... |
Carbon Re raises GBP4.2m seed funding to address cement industry carbon emissions08 November 2022, Published under Cement NewsCarbon Re, the Cambridge University and UCL joint spin-out, will accelerate the roll-out of artificial intelligence (AI)-based industrial decarbonisation technology. The company has raised GBP4.2m (US$4.8m) seed funding to scale up the development and deployment of its Delta Zero AI platform, which enables the cement industry to reduce over 50,000tpa of CO 2 emissions per plant. This is the equivalent of taking 11,000 cars off the road. Carbon Re's cloud-based Delta Zero platform models... |
WCA welcomes CHASM Advanced Materials as Associate Corp member08 November 2022, Published under Cement NewsThe World Cement Association (WCA) has announced that it is welcoming US-based carbon nanotube materials innovation company CHASM Advanced Materials (CHASM™) as an Associate Corporate Member. CHASM, with its proprietary NTeC-C™, a pioneering nanotube hybrid material, claims to have the potential to produce a greener, smarter, scalable, cost-effective concrete. CHASM’s NTeC-C aims to overcome one of the main challenges to decarbonising concrete by decreasing the quantity of cement in concr... |
Heidelberg Materials grows revenue 13% in 9M2204 November 2022, Published under Cement NewsHeidelberg Materials ’ revenue in the first 9M22 rose significantly by 12.9 per cent in comparison with the previous year to EUR15,802m (9M21: EUR13,996m). Excluding consolidation and exchange rate effects, the rise amounted to 12.3 per cent. In particular, price increases in all group areas contributed to the revenue growth. Changes to the scope of consolidation of EUR622m had a negative effect on revenue, while exchange rate effects of EUR624m had a positive impact. The result from... |