Cement News tagged under: Denmark
FLSmidth sees 22% rise in revenue11 November 2021, Published under Cement NewsFLSmidth has reported a 22 per cent YoY increase in revenue to DKK4660m (US$718.8m) in the third quarter of 2021, compared to DKK3834m in the 3Q20. EBITA advanced 72 per cent to DKK305m from DKK177m, while EBITA margin reached 6.5 per cent from 4.6 per cent. Including currency effects, order intake increased by 15 per cent YoY to DKK4549m against DKK3955m in the year-ago period. “Third quarter saw strong momentum in order intake. In particular for service orders, as activity in the min... |
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... |
Aalborg Portland reports sluggish Futurecem sales27 August 2021, Published under Cement NewsSales of its lower-carbon cement, Futurecem, have not reached the projected volumes of 40,000tpa, 18 months after its market launch, according to Denmark-based Aalborg Portland. To date sales of 2000t have been reported. Aalborg Portland CEO, Michael Lundgaard Thomsen, said the company will carry out a 20-30 per cent price reduction to bring Futurecem’s price in line with that of standard cement. However, he added that the price was not the only reason for the subdued sales of the product.... |
FLSmidth reports 2Q21 strong order intake and improved profitability12 August 2021, Published under Cement NewsFLSmidth’s order intake in the 2Q21 increased 42 per cent compared to the 2Q20 and by 38 per cent to DKK4615m (US$97m) YoY. Cement service order intake reached DKK875 in the 2Q21 and cement capital orders totalled DKK807m in the 2Q21. Revenue increased by six per cent to DKK4073m in the 2Q21 (2Q20: DKK 3846m) and by nine per cent organically, comprising a 13 per cent increase in mining and a flat development in cement. Group EBITA margin increased to 4.8 per cent from 3.4 per cent in ... |
Vicat contracts FLSmidth for full-scale clay calcination project29 June 2021, Published under Cement NewsVicat has contracted FLSmidth to deliver equipment for a new project in France, which will replace clinker with an environmentally-friendly clay and cut up to 16 per cent of CO 2 emissions, compared to existing cement products. The order includes FLSmidth’s new flash calciner technology, an environmental control system and alternative fuel storage. The project is set to become Europe’s first full-scale clay calcination installation. The flash calciner, expected to have a minimum capacity... |
FLSmidth receives SBTi validation of its carbon emission targets17 May 2021, Published under Cement NewsFLSmidth has received validation from the Science Based Targets initiative (SBTi) for its carbon emission reduction targets. By implementing its MissionZero programme to achieve these targets, the company will help keep global warming below 1.5°C at the same time as delivering solutions to help reduce global CO 2 emissions by more than 10 per cent – and becoming carbon neutral in its own operations by 2030. Commenting on the targets, CEO Thomas Schulz says: “I truly believe that the g... |
FLSmidth’s smart moves26 April 2021, Published under Cement NewsWith the launch of ECS/ProcessExpert ® V8.5, FLSmidth brings artificial intelligence (AI) technologies to advanced process control. But what exactly does this mean for cement producers? Javier Pigazo Merino, FLSmidth global product line manager, provides the low-down on the new process control software and the importance of AI to the future of industrial digitalisation. By FLSmidth, Denmark. FLSmidth: enabling AI solutions for smarter cement plants FLSmidth recently released t... |
FLSmidth reports 22% decline in cement order intake in 202010 February 2021, Published under Cement NewsFLSmidth’s order intake in 2020 was on par with last year, comprising 13 per cent growth in mining and a 22 per cent decline in cement. Including currency effects and acquisitions, total order intake decreased by five per cent to DKK18,524m (US$2490m). FLSmidth Group CEO, Thomas Schulz, commented: "2020 was impacted operationally and financially by the pandemic, which has presented both challenges and opportunities for FLSmidth. Our employees have done a tremendous job handling this cr... |
FLSmidth enters fabric filter technology agreement with Simatek24 December 2020, Published under Cement NewsFLSmidth has agreed to sell its fabric filter technology, a non-core business of FLSmidth's advanced filter technology (AFT) to Denmark-based industrial filter producer, Simatek A/S. Under the agreement, Simatek will supply FLSmidth with fabrick filters while FLSmidth will become a supplier of filter bags and filter cages to Simatek. Through the transaction, FLSmidth will retain its core AFT operations, which continue to be key in delivering the company's MissionZero strategy while Simate... |
Cementir launches FUTURECEM™ with up to 30% lower carbon emissions11 December 2020, Published under Cement NewsOn 1 January 2021, Cementir will begin distributing the cement of the future, named F UTURECEM ™, which has a carbon footprint that is up to 30 per cent lower compared to regular cement. Cementir herlads the launch of the patented F UTURECEM ™ technology as a significant contribution to both the green transition of Cementir Group and the construction industry in general. F UTURECEM ™ is a new grey cement innovated by the group's research and development department in Aalborg, Denmark, ... |