Cement News tagged under: western europe
Titan Group's 1H20 revenues stable at EUR786m30 July 2020, Published under Cement NewsTitan Group consolidated revenue in the 1H20 amounted to EUR786.3m, remaining largely stable (+0.1 per cent) over the same period the previous year. Group cement and cementitious volumes reached 7.9Mt in the 1H20, down two per cent from 8.1Mt in the 1H19. Ready-mix sales edged up 1.3 per cent YoY to 2.64Mm 3 from 2.6Mm 3 in 1H19, while aggregate volumes totalled 9.2Mt, up 2.6 per cent from 8.9Mt in 1H19. EBITDA was up 12 per cent YoY, reaching EUR136.8m, while the group's EBITDA margin r... |
Sutco RecyclingTechnik GmbH wins order to build Subcoal® production line for N+P30 July 2020, Published under Cement NewsN+P has signed a contract to rebuild its Dutch production line, Subcoal Production FRM BV, located in Farmsum, The Netherlands. The new production line will have a capacity of over 170,000tpa. To be able to process this amount, N+P have also signed a lease to extend the available storage and production area. German-based Sutco RecyclingTechnik GmbH was awarded the contract to completely overhaul the existing production facility. The contract is subjected to financial close, which is expect... |
Breedon Group sees revenue decline by 25% to GBP353.3m in 1H2029 July 2020, Published under Cement NewsBreedon Group Plc announced its interim (unaudited) results for the six months ended 30 June 2020 with revenue reaching GBP353.3m, representing a 25 per cent drop from GBP447.4m in 1H19. Breedon recorded cement sales of 0.8Mt in the 1H20, down from 1Mt in 1H19, while ready-mix sales declined to 1Mm 3 in the 1H20 from 1.5Mm 3 in the 1H19. Breedon also sold 8Mt of aggregates and 1Mt of asphalt in the period, down from 9.9Mt and 1.4Mt, respectively in the 1H19. Despite the COVID-19 lockdown ... |
Quinn Cement takes delivery of new Feldbinder cement tankers28 July 2020, Published under Cement NewsQuinn Cement has received delivery of five new Feldbinder triaxle cement tankers as part of Quinn Building Products' Fleet and Mobile Plant Replenishment Programme in Northern Ireland. The new tankers have been paired up with tractor units purchased in the second half of 2019, said Quinn Cement. The tractor units have all been fitted with truck-mounted blowers, which are lighter and more efficient than traditional tank-mounted equipment. The combined trucks and trailers have performed well ... |
FLSmidth's 2Q20 preliminary report sees 29% decline in order intakes27 July 2020, Published under Cement NewsFLSmidth released its preliminary 2Q20 report ahead of the full interim 2Q20 results due to the volatility in order intake and revenue combined with the suspension of guidance caused by COVID-19. Across all regions, the mining industry and especially the cement industry have been negatively affected by the pandemic. In the 2Q20, organic order intake declined 29 per cent and organic revenue dropped 26 per cent YoY. Order intake totalled DKK3348m (US$526.2m) compared to DKK4954m in 2Q19. Reve... |
Hope plant's economic contribution to local economy assessed24 July 2020, Published under Cement NewsBreedon Group has had an assessment of the Hope Cement plant's economic contribution to the local economy. An independent report by global management, engineering and development consultancy Mott Macdonald says Breedon Group shows a 51 per cent increase in its contribution to GBP61m from GBP53m in 2017. The report aimed to show how much the Hope Cement works contributes both financially and in terms of employment to the Peak District National Park's economy. The figures say that the cement ... |
Spain's cement demand falls 17% in 1H1921 July 2020, Published under Cement NewsCement consumption in Spain declined 16.5 per cent to 6.1Mt in the first half of 2020 when compared with the 1H19, according to Oficemen, the country’s cement association. The association attributes the fall to the halt in construction works due to the coronavirus pandemic. "In June, many of the works paralysed during the confinement, for example, real estate developments, were resumed, but the monthly positive data should not make us think of a recovery in the sector," explains Oficemen p... |
Norwegian CCS project is awarded EUR2.1bn20 July 2020, Published under Cement NewsThe full-scale carbon capture and storage (CCS) project in Norway has been awarded EUR2.1bn from the European Free Trade Association (EFTA) Surveillance Authority (ESA). By supporting the project, the Norwegian government aims to scale up CCS and share its knowledge and experience. The approved project will allow for the establishment of carbon capture facilities at Norcem's (HeidelbergCement) Brevik cement factory as well as at Fortum Oslo Varme, a waste-to-energy plant. The CCS project... |
Cemex to help take FastCarb to the industrial level17 July 2020, Published under Cement NewsCemex is participating in the IREX-administered FastCarb project that will capture CO 2 in concrete, which is then used in aggregate. The scheme will improve the quality of this type of recycled aggregate by plugging the porosity and leading to a greater understanding of the accelerated carbonisation mechanism for recycled concrete aggregates. Started in 2016, FastCarb works to design and implement an accelerated carbonisation process at pre-industrial scale to store CO 2 in recycled conc... |
European building materials sector shows resilience17 July 2020, Published under Cement NewsFollowing the downturn in activity for the French construction materials sector in April, the following month saw the beginnings of a sequential recovery and even more impressive results were noted in June, according to a CIC Market Solutions (France) report. The country’s ready-mix sector saw activity return from -62 per cent YoY in April to +14-20 per cent in June, while distribution activity recovered to +12-14 per cent in the same month. The positive boost for the sector has stimulate... |