Cement News tagged under: Cementir
Cementir records strong regional results in 202111 March 2022, Published under Cement NewsCementir 's regional markets results for 2021 produced increasing revenues in all markets. The highest revenues outside of Italy were recorded in Belgium and France. Norway and Sweden In 2021 sales revenues in Norway and Sweden amounted to EUR193.6m (EUR176.4m in 2020) while EBITDA recorded 22 per cent growth to EUR 21.2m (EUR 17.4m in 2020). In Norway ready-mixed concrete sales volumes increased by around four per cent compared to the previous year with a more favourable trend i... |
Cementir posts record EUR1360m group revenue in 202110 March 2022, Published under Cement NewsCementir's group revenue in 2021 set the historical record of EUR1360m, up 11 per cent compared to EUR1224.8m in 2020. At constant 2020 exchange rates, revenue would have been equal to EUR1399.5m, an increase of 14.3 per cent on the previous year. EBITDA hit a record of EUR311m, up by 17.9 per cent compared to EUR263.7m in 2020, following improved results in all countries except Denmark and Malaysia. In 2021 cement and clinker sales volumes reached 11.2Mt, up 4.1 per cent compared ... |
Cementir expands FUTURECEM distribution28 February 2022, Published under Cement NewsSince 1 January 2022, Cementir Group , through its subsidiary CCB , has been distributing FUTURECEM ™ in the French and Benelux markets, following the strategic roll-out of this technology as part of the Cementir Group ambitious sustainable roadmap towards 2030 and beyond. This new and more sustainable cement technology developed by Cementir Group has been already warmly welcomed by the Danish market in 2021 with sales development in line with plans. Cementir Group claims that th... |
Cementir records 11.2Mt of cement and clinker sales in 202109 February 2022, Published under Cement NewsDuring 2021, Cementir’s cement and clinker sales volumes reached 11.2Mt, up 4.1 per cent compared to 2020 thanks to a favourable trend in all countries. Sales volumes of ready-mixed concrete, equal to 5.1Mm 3 , increased by 14.8 per cent mainly due to Turkey and, to a lesser extent, Denmark and Norway. In the aggregates segment, sales volumes reached 11.1Mt, up 8.1 per cent. Group revenue set the historical record of EUR1360m, up 11 per cent compared to EUR1224.8m in 2020.... |
Cementir receives A- Climate Change CDP rating10 December 2021, Published under Cement NewsCementir Holding NV has been awarded an 'A-' rating for Climate Change from CDP, improving from last year 'B' rating and placing Cementir above the cement and concrete sector average (B), the European average (B) and the Global average (B-). Francesco Caltagirone jr, CEO and chairman of Cementir Holding NV, said: "This achievement is a further recognition of our efforts to make our carbon footprint more sustainable. We are committed to tackling climate change, and minimising our... |
Cementir reports revenues of EUR1bn in 9M2112 November 2021, Published under Cement NewsCementir has released its results for the first nine months and the 3Q21. Group revenue reached EUR1bn, up 12.4 per cent compared to EUR896.8m in the first nine months of 2020. Operating costs, equal to EUR804.9m, increased by 11.7 per cent compared to EUR720.3m in the first 9M20. During the first 9M21, cement and clinker sales volumes reached 8.3Mt, up by 8.2 per cent compared to the same period of 2020. The company said the increase was mainly attributable to performance in Turkey... |
Cementir to start CCS project in 202209 September 2021, Published under Cement NewsCementir Group, through its subsidiary Aalborg Portland, aims to become the first global cement producer to capture, transport and store CO 2 underground. The group is part of the consortium Project Greensand 2 that seeks funding for a pilot project aimed at capturing and storing CO 2 underground in the North Sea. The endeavours to reach the Danish national target of a 70 per cent reduction of carbon emissions in 2030 may now receive a great boost through Project Greensa... |
White cement: beyond colour23 August 2021, Published under Cement NewsThe white cement market is no longer seen as simply a niche market solely dependent on the colour of the product for sales. Recent megatrends have been a key driver for leading white cement producer, Cementir Holding NV, to develop new and more sustainable products in premix, dry-mix, precast and ultra-high performance concrete. ICR looks to the future of white cement products and new applications with Michele Di Marino, Cementir’s chief sales, marketing and commercial development officer. ... |
Cementir sees 1H net profit rise of 140%30 July 2021, Published under Cement NewsCementir reported a 16.5 per cent rise in revenues for the first half of 2021 to EUR664.5m from EUR570.4m in the 1H20. The increase reflects an 18.7 per cent rise in the sales of grey and white cement and clinker to 5.457Mt, a 31.4 per cent increase in ready-mix concrete sales to 2.515Mm3 and a 12.2 per cent uptick in aggregates sales to 5.211Mt when compared with the 1H20. EBITDA increased by 36.6 per cent to EUR133.5m in the 1H21 from EUR97.8m in the year-ago period. Group net profit adv... |
Cementir Holding is given a BBB investment rating by Standard and Poor27 May 2021, Published under Cement NewsStandard & Poor's rating agency announced that it had assigned Cementir Holding NV an Issuer Rating of “BBB- with Stable Outlook”. The attribution of an investment grade rating is the culmination of a process that began several years ago, which saw Cementir significantly diversify its business and product portfolio, allowing it to achieve considerable stability in results, even during the recent pandemic crisis. During 2020 Cementir Holding improved its profitability and further re... |