Cement News tagged under: western Europe
Spain’s cement sector recovers 57Mt of waste in 15 years26 November 2021, Published under Cement NewsThe Spanish cement industry has recovered 57Mt of waste from 88 sectors between 2004-19, reports the Fundación CEMA in collaboration with Institut Cerdà. This has prevented the release of 1Mt of CO2 emissions to the atmosphere and savings of EUR115m by not sending the waste to landfills. The report confirms that the optimisation of synergies has resulted in the cement sector becoming one of the largest recyclers of mineral waste in Spain and a leader in energy recovery. It has injected alm... |
Breedon Group sees revenue of GBP1045m in the 10M2124 November 2021, Published under Cement NewsUK-based Breedon Group has reported a revenue of GBP1,045m in the first 10 months of the year, up 31 per cent against the same period in 2019, according to its November trading update. On a like-for-like basis, revenue increased 15 per cent from the 10M19 period. “Breedon has continued to benefit from strong end markets, with demand levels remaining encouraging across the group. Trends evident in the first half have persisted with momentum in residential housebuilding and infrastructure s... |
Loesche acquires Dynamis24 November 2021, Published under Cement NewsLoesche has welcomed to its fold Brazil-based Dynamis, a company specialised in combustion and industrial processes since its foundation in 2003. “The Dynamis name is synonymous with the development of state-of-the-art equipment such as the revolutionary D-Gasifier, the D-Flame Burner, the robust D-Igniter and the efficient D-HotGas, which allows companies to work with a variety of fuels including biomass, petcoke, natural gas, and heavy fuel oil,” said Loesche in a statement. Dynamis fo... |
CRH sees 11% YoY increase in sales23 November 2021, Published under Cement NewsCRH’s cumulative nine-month sales to the end of September reached US$22.8bn, an increase of 11 per cent YoY and ahead seven per cent on a like-for-like basis. EBITDA was up 15 per cent YoY to US$3.9bn while EBITDA margin was up 50bps to 17.1 per cent. Third quarter sales remained ahead of the prior year across all divisions, with good demand in key markets. Americas Materials was primarily driven by improved pricing as volume growth was impacted by inclement weather, while Europe Material... |
Vicat to invest EUR800m to meet 2030 climate targets19 November 2021, Published under Cement NewsThis week, Vicat held a meeting at L'Isle d'Abeau on the company's climate strategy. The French producer has been describing how it will meet its 2030 and 2050 emission targets throughout its value chain in building materials. Vicat reports that just to meet its 2030 objectives it will need to invest an estimated EUR800m. Capex investment of this magnitude will be shared with clinker factor and activated clay investment accounting for 30 per cent of the budget, fuel substitution representi... |
Cementa obtains 1-year mining permit19 November 2021, Published under Cement NewsSweden’s government has given Cementa (HeidelbergCement) permission to continue its limestone mining for another year after the previous permit expired on 31 October 2021. The new permit is valid until and including December 2022 and was granted to avoid the risk of acute cement shortage in Sweden. “It is positive that the government has considered the application and given Cementa a temporary permit. That it was about a year's permit instead of the three years we applied for will, however... |
Holcim announces its Strategy 202518 November 2021, Published under Cement NewsHolcim has announced its “Strategy 2025 – Accelerating Green Growth” to become the global leader in innovative and sustainable building solutions, following the group’s achievement of Strategy 2022 one year in advance. With “Accelerating Green Growth,” it is seeking to achieve profitable growth across all its businesses. As part of this it is expected to accelerate the expansion of its Solutions & Products business to reach 30 per cent of group sales, with this achieved through strategic i... |
Cement consumption in Spain up 10% in October17 November 2021, Published under Cement NewsSpanish cement demand has expanded by 10.1 per cent to 1,302,750t in October 2021, according to data from Oficemen. In the January-October 2021 period domestic cement consumption advanced 12 per cent YoY to 12.458Mt. "The figures for October bring us closer to the end of the year in which we could recover the volume of pre-pandemic consumption for 2019, in line with what was already indicated in September,”said Oficemen President, José Manuel Cascajero. However, exports declined 14.2 per ... |
Carbon8 appoints chief engineer17 November 2021, Published under Cement NewsCarbon8 System has appointed David Clemmitt as its chief engineer. David will be responsible for leading the engineering direction and execution of Carbon8 Systems’ Advanced Carbonation Technology (ACT) across global markets. As part of his role, Mr Clemmitt will have ownership of growing and developing the engineering function of the company to provide world class capability and innovation in the Carbon Capture and Utilisation (CCU) arena. He joins the board of Carbon8 Systems and... |
Cementos Molins signs novation of syndicated sustainable financing16 November 2021, Published under Cement NewsCementos Molins signed a renewal of its sustainable syndicated financing for the group and affiliates in Spain, which was formalised in 2019. The novation continues to be classified as a “sustainability-linked loan” extends the maturity by two years until December 2026. In addition, the agreement now has a limit up to EUR300m, of which EUR75m as a term loan and EUR225m as revolving credit facility. All other terms and conditions remain unchanged. The financing, which was the first sustaina... |