Cement News tagged under: HeidelbergCement
New kiln line at Burglengenfeld plant online25 June 2018, Published under Cement NewsAfter two years of intense work, first clinker was received on schedule at HeidelbergCement’s Burglengenfeld cement works in Germany in April 2018. IKN was awarded a contract for engineering, supply and installation to upgrade the pyroprocessing line to 4000tpd – from raw meal feeding to clinker discharge. The contract included integration engineering, supply and installation of add-on components for the raw meal grinding plant. The upgraded kiln line features state-of-the-art technology ... |
HeidelbergCement's 2020 Vision progress and Capital Markets Day18 June 2018, Published under Cement NewsThis week Dr Bernd Scheifele, HeidelbergCement Group CEO, has provided more detail on the company's Vision 2020 while the company's regional Board members gave further guidance at the producer's Capital Markets Day 2018. The way forward for HeidelbergCement will be based on its three core business lines of cement, aggregates and ready-mix/asphalt. Of these, the cement market provides 50 per cent of group revenue and 61 per cent of group EBITDA. The geographical footprint for the... |
HeidelbergCement updates financial targets and strategic priorities12 June 2018, Published under Cement NewsHeidelbergCement presented its Vision 2020, updating financial targets and strategic priorities for the three-year period starting 2018 at its Capital Markets Day 2018 in Bergamo, Italy. The group aims to increase free cash flow generation to around EUR6bn during this period, driven by further efficiency gains and potential market upsides as well as a reduction in financial costs and disciplined capex spending, said the company in a statement. HeidelbergCement expects to benefit from mark... |
Gebr Pfeiffer delivers first MVR mill to South Africa17 May 2018, Published under Cement NewsOsho Cement, in a joint venture with HeidelbergCement, is building a new MVR grinding plant in Port Elizabeth, South Africa. The MVR 3750 C-4 mill will be supplied by Gebr Pfeiffer, a first for the Germany-based grinding specialist. The new mill, with an installed power of 2600kW, will be grinding 110tph of OPC (CEM I) to a Blaine fineness of 3500cm²/g and 80tph of blast-furnace cement (CEM III-A) to 4500 cm²/g according to Blaine. As to the classifier to be mounted on top of the mill... |
Positive expectations in reach despite mixed 1Q18 corporate results14 May 2018, Published under Cement NewsLafargeHolcim , HeidelbergCement and Martin Marietta Materials Inc all released 1Q18 results this week with some mixed performances. The regional strength of Asia and Africa is generating profits for multinationals in these markets, but Europe, the Middle East and North America have seen lower returns. LafargeHolcim Jan Jenisch, LafargeHolcim's Group CEO, was in bullish mood in asserting that the benefits of the company's new strategy would see it deliver on LafargeHolcim's 20... |
Positive expectations in reach despite mixed 1Q18 corporate results11 May 2018, Published under Cement NewsLafargeHolcim , HeidelbergCement and Martin Marietta Materials Inc all released 1Q18 results this week with some mixed performances. The regional strength of Asia and Africa is generating profits for multinationals in these markets, but Europe, the Middle East and North America have seen lower returns. LafargeHolcim Jan Jenisch, LafargeHolcim's Group CEO, was in bullish mood in asserting that the benefits of the company's new strategy would see it deliver on LafargeHolcim's 2018 ta... |
Asia contributes strongly to HeidelbergCement 1Q18 results09 May 2018, Published under Cement NewsHeidelbergCement's 1Q18 results saw sales volumes in Europe and North America impaired by a long winter and a reduced number of working days, but some emerging countries recorded considerable increases. Declining sales volumes in Europe and North America were more than offset by significant growth in Asia-Pacific and Africa-Eastern Mediterranean Basin, reports HeidelbergCement. During the first quarter, the group's cement and clinker sales volumes rose by two per cent to 28.2Mt (previous y... |
HeidelbergCement reports record 201722 March 2018, Published under Cement NewsDespite a challenging environment, HeidelbergCement has announced at 14 per cent YoY increase in revenues to EUR17.3bn in 2017 from EUR15.2bn in 2016 although on a pro-forma basis, ie taking into account the contributions of Italcementi for the 1H16, the increase was more modest at two per cent. The company's sales volumes of cement, aggregates and ready-mixed concrete increased significantly and reached new records, particularly due the acquisition of Italcementi. Total cement sales reac... |
A time of reassessment for HeidelbergCement23 February 2018, Published under Cement NewsThis week it was announced that HeidelbergCement would be selling its 51 per cent stake in the Lehigh White Cement Co LLC while the company also reported on its full-year and 4Q17 results . The sale of HeidelbergCement's interest in the Waco and York cement plants in the USA would mean a complete exit from the North American white cement market for the Germany-based multinational. HeidelbergCement is carrying out a global portfolio review and optimisation process to generate cash flow. T... |
HeidelbergCement announces 4Q17 and FY17 preliminary results20 February 2018, Published under Cement NewsHeidelbergCement's preliminary results for the 2017 financial year highlighted a significant rise for cement and clinker sales volumes, due to consolidation, increasing by 22 per cent to 126Mt, compared to 103Mt in 2016. Aggregates sales volumes recorded a growth of 12 per cent to 305Mt, up from 272Mt in 2016, while ready-mixed concrete volumes increased by 11 per cent to 47Mm 3 compared to 43Mm 3 in 2016. In the reporting year, sales volumes of the core products cement, aggregates, and ... |