Cement News tagged under: western Europe
Hoffmann Green sees 11% YoY rise in cement sales21 September 2022, Published under Cement NewsFrance-based Hoffmann Green Cement Technologies , a specialist in the production of clinker-free cement, has reported revenue of EUR544,000 in the first half of 2022, up from EUR540,000 in the same period a year earlier. EBITDA came in at -EUR3.5m in the 1H22, compared to -EUR2.6m at the end of the 1H21. According to the company, the decline in EBITDA is due to an increase in the purchasing of raw materials on the back of R&D tests and developments, and the resumption of trade fairs and sho... |
Holcim expands digital customer platform21 September 2022, Published under Cement NewsHolcim is expanding its proprietary digital customer platform, ConcreteDirect, from North America to Europe and Latin America. This expansion of the comprehensive digital platform for construction job site professionals offers a seamless customer experience from France, Germany and the UK, all the way to Colombia, Ecuador and El Salvador. The platform connects all relevant jobsite professionals on a construction site with Holcim’s teams to best coordinate their tasks with tailored real-tim... |
CRH completes latest phase of buyback programme20 September 2022, Published under Cement NewsCRH plc has completed the latest phase of its share buyback programme, returning a further US$0.3bn of cash to shareholders. Between 16 June 2022 and 19 September 2022, 8.2m ordinary shares were repurchased on Euronext Dublin at an average discount of 0.93 per cent to the volume weighted average price over the period, according to the company. This brings the total cash returned to shareholders under its ongoing share buyback programme to US$3.8bn since it began in May 2018. CRH has als... |
Cement demand in Spain continues to decline in August20 September 2022, Published under Cement NewsCement consumption in Spain saw a decline of 8.6 per cent in July and 5.3 per cent in August, according to Oficemen, the country’s cement association. This has resulted in a 2.3 per cent drop in cement consumption for the year to date to approximately 9.8Mt. “The latest data from the cement statistics continue to point to a slowdown in the construction sector in our country, which has been brewing for a four-month period, and which is also supported by the analyses of other institutions su... |
CEMEX sees Alicante quarry expansion approved19 September 2022, Published under Cement NewsSpain’s Ministry of Economy has extended CEMEX’ s licence to expand the Serreta Larga quarry in Alicante, Spain. The quarry supplies limestone and marl to the San Vicente del Raspeig cement plant and will now be able to operate for a further 30 years. The approval marks the end of a 12-year licence application process. The delimited perimeter of the quarry has approximately 15.5Mt of reserves with a planned extraction rate of 520,000t per year. CEMEX will have to provide guarantees of... |
Holcim Belgium joins Fluxys CO2 network19 September 2022, Published under Cement NewsHolcim Belgium is joining forces with Fluxys to meet the cement producer's carbon neutral objectives as part of its Go4Zero programme. The first phase of Go4Zero is the construction of a dry-process clinker kiln at Holcim’s Obourg site, replacing the two current wet-process kilns. Once completed, the kiln will be capable of producing 6000tpd of clinker, making it the largest in Europe. Due to be operational in 2026, the project represents an investment of over EUR400m. Once the new ... |
alcemy secures funding to help cement sector decarbonisation19 September 2022, Published under Cement NewsGermany-based developer of predictive analysis software for the cement sector, alcemy has secured EUR10m in a Series A round of funding led by Galvanize Climate Solutions. The company’s software provides precise quality predictions for mixtures and their ingredients enabling cement producers to adjust fluctuations in limestone and cement. alcemy claims it can save up to 50 per cent of CO 2 and in 2021 it reduced customer CO 2 emissions by 80,000t. “We founded alcemy with the vision tha... |
Holcim closes sale of India business16 September 2022, Published under Cement NewsHolcim has closed the sale of its business in India to the Adani Group. The deal includes Holcim’s stake in Ambuja Cement at a share price of INR385 (US$4.82) and in ACC at a share price of INR2300, resulting in cash proceeds for Holcim of US$6.4bn, according to Dow Jones. Holcim held a 63.11 per cent stake in Ambuja Cement, which owns 50.05 per cent of ACC, along with a 4.48 per cent direct stake in ACC. Jan Jenisch, CEO, Holcim, said, “I would like to thank our 10,700 Indian coll... |
Siemens and Shell collaborate on green hydrogen16 September 2022, Published under Cement NewsSiemens Smart Infrastructure and Shell Global Solutions International BV have signed a Memorandum of Understanding (MoU) to develop low-carbon and highly efficient energy sources to support the energy transition. The agreement will focus on projects that produce green hydrogen for industrial applications at Shell and its customers, as well as enhancing collaboration in the areas of biofuels and circular chemistry. Under the terms of the MoU, Siemens and Shell will develop solutions tha... |
Mexican ambassador praises climate action work at CEMEX's Rugby plant15 September 2022, Published under Cement NewsCEMEX welcomed HE Josefa González Blanco Ortiz Mena, Mexican ambassador to the United Kingdom, to its flagship UK cement plant, based in Rugby, Warwickshire, on Wednesday 14 September. The ambassador travelled to Rugby to find out more about the work CEMEX carries out in the UK and the materials it produces for key construction projects nationally. In particular, she wanted to understand how the UK is contributing to CEMEX's global climate action strategy, Future in Action, and the bu... |