CIC-Market Solutions revises up Heidelberg Materials
CIC-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), ...
Western Europe
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Vicat posts 16% increase in 9M consolidated revenue
Vicat 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 repor...
Carbon Re raises GBP4.2m seed funding to address cement industry carbon emissions
Carbon Re, the Cambridge University and UCL joint spin-out, will accelerate the roll-out of artificial intelligence (AI)-based industrial decarbonisation technology. The comp...
WCA welcomes CHASM Advanced Materials as Associate Corp member
The World Cement Association (WCA) has announced that it is welcoming US-based carbon nanotube materials innovation company CHASM Advanced Materials (CHASM™) as an Associate Co...
Heidelberg Materials grows revenue 13% in 9M22
Heidelberg 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 consolid...
Italy’s cement output falls 8% in August
Italy saw cement output decline by eight per cent YoY in August 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index produc...
Cementir Group reports revenue of EUR1248m in 9M22
Cementir’s Group revenue from sales and services in the 9M22 reached EUR1248.2m, up 23.8 per ent compared to EUR1008.3m in 9M21. The increase in revenue is mainly due to pric...
Cookstown Cement rebrands to Cemcor
Cookstown cement plant in Northern Ireland acquired in January by LCC Group and David Millar for GBP56m (US$64.3m) has changed its name to Cemcor. The Cookstown plant, ori...
Votorantim Cimentos completes acquisition of Heidelberg Materials assets in Spain
Votorantim Cimentos announced that has completed the acquisition of all the businesses of Heidelberg Materials in the south of Spain, which includes a modern integrated cemen...
Holcim posts record 3Q performance
Holcim reported record 3Q net sales of CHF8045m (US$8043.1m), up 10.4 per cent YoY and 16.3 per cent on a like-for-like (LfL) basis, from CHF7286m. Recurring EBIT edged 1.2 p...