Cement News tagged under: Italy
New opportunities for Europe07 October 2019, Published under Cement NewsDr Michael Clark looks at how the EU ETS is expected to change the face of European clinker manufacture. With the price of carbon credits rising, it could become more economically viable to import clinker and grind it upon arrival in Europe through the use of smaller grinding facilities. By Dr Michael Clark, UK. Cem’In’EU’s new facility in Tonneins, southwest France, is an example of the new wave of clinker-importing grinding units expected to arrive The summer of 2019 has se... |
Cementir26 September 2019, Published under Cement NewsIn the first half of 2019, Cementir Holding SpA reported revenue from sales and services of EUR591m, down 0.6 per cent on the same period last year. EBITDA advanced by 14.7 per cent YoY to EUR110m, while the EBITDA margin increased from 16.31 per cent in the 1H18 to 18.59 per cent in the 1H19. Over the six-month period, volumes of cement and clinker sold, including white cement, came in at 4.3Mt, a contraction of 12.2 per cent YoY. This was mainly due to the negative trend in Turkey, partial... |
European construction: set for continued growth?23 September 2019, Published under Cement NewsFollowing a buoyant 2017 and continued growth in 2018, the European construction market is expected to show modest growth this year. As a result, cement prices are expected to firm, easing the pressure on EBITDA margins of building material companies across the region. By Jean-Christophe Lefèvre-Moulenq, CM-CIC Market Solutions (ESN), France. In 2019, demand is forecast to increase by 1.4 per cent in western Europe After a particularly buoyant 2017, a sharp deceleration was expe... |
Buzzi Unicem reports strong 1H EBITDA05 August 2019, Published under Cement NewsBuzzi Unicem's first-half turnover improved by 13.6 per cent to EUR1518.7m and EBITDA rose by 26.9 per cent to EUR288.6m. Group cement deliveries improved by 7.1 per cent to 13.9Mt, but ready-mixed concrete deliveries eased by 0.5 per cent to 5.8Mm³. The first-half results include a EUR12.3m non-recurring benefit arising from the first time adoption of IFRS 16. The depreciation and impairment charges increased by 18.3 per cent to EUR123m and the 1H trading profit advanced by 34.1 per cent... |
Cementir shows strong 1Q recovery15 May 2019, Published under Cement NewsCementir's first-quarter turnover recovered by 9.1 per cent to EUR264.4m (US$296.4m) and EBITDA rose by 39.8 per cent to EUR33.7m, while at the trading level the advance was reduced to 23.6 per cent to EUR7.8m. At the pretax level, there was a swing from a EUR7.2m profit to a loss of a EUR0.3m. Net debt at the end of March was EUR416.4m compared with EUR387.1m a year earlier, to give a gearing level of 16.9 per cent. The number of employees increased by 2.6 per cent to 3063. Shipments of ... |
Buzzi Unicem 1Q19 benefits from better weather15 May 2019, Published under Cement NewsBuzzi Unicem's first-quarter turnover rose by 21.7 per cent to EUR656m (US$735.2m), having fallen by 8.4 per cent a year earlier, with turnover having improved in all countries apart from Brazil. Net debt at the end of March was 16.1 per cent higher at EUR1033.5m. Cement deliveries improved by 16.9 per cent to 6Mt, while group ready-mixed concrete deliveries advanced by 7.3 per cent to 2.6Mm³. The Italian turnover improved by 16.6 per cent to EUR119.6m, thanks to the better weather condit... |
Vicat can expect higher returns in USA and Brazil10 May 2019, Published under Cement NewsThis week Vicat announced its 1Q19 results with a positive turnover increase of 4.7 per cent to EUR600m. It is a good opportunity to take a closer look at this multinational and the strength of cement demand in some of the countries where it is operating. In France, where the company's headquarters are located, the market has been one of the key supports in Vicat's 8.1 per cent rise in turnover to EUR225m. The company cited favourable macroeconomic and industry conditions supported by high ... |
HeidelbergCement02 May 2019, Published under Cement NewsHeidelbergCement has sold the 0.7Mta Spoleto cement works to Colacem and agreement has been reached to sell the Testi integrated cement works and two grinding centres to Buzzi Unicem, with completion envisaged by the end of July. The Indonesian subsidiary Indocement is looking for four per cent sales growth in 2019 to some IDR1.1bn, with most of the growth coming in the second half. This compares with a 5.3 per cent growth rate in 2018 when the net profit fell by 38.4 per cent. |
Aalborg puts Cementir on a better global footing23 April 2019, Published under Cement NewsThis week Aalborg Portland , owned by Cementir Holdings, reported a record turnover in 2018 of DKK8.895bn (US$1.37bn), the highest that the company has achieved, due to higher sales volumes following acquisitions in Belgium and the US. Aalborg’s key role Aalborg Portland's latest results highlight the importance of the Denmark-based company in supporting Cementir Holdings’ operations throughout the world. It is a key part of Cementir’s 3.3Mta white cement capacity and 20 per cent share ... |
Colacem acquires Cemitaly's Spoleto facility03 April 2019, Published under Cement NewsItaly’s Colacem has announced the acquisition of Cemitaly’s 0.7Mta Spoleto cement plant for an undisclosed sum. Cemitaly was unveiled as the new branding of Cementir Italia in 2018, after it was acquired by the Italcementi Group earlier in the year. "We are confident that the cement sector will have a significant role in the near future," said Colacem in a statement. "In our country there's a need for greater public and private investments for increasingly safe, efficient, innovative and s... |