Cement News tagged under: Italy
Cementir announces 2% drop in revenue in 202312 March 2024, Published under Cement NewsCementir has announced that its 2023 group revenues from sales and services have dropped 1.7 per cent to EUR1694.2m (US$1852.02m) after a record year of EUR1723.1m in 2022. The slight fall in revenues has been attributed to a reduction in volumes sold and weak local currencies, against a moderate increase in prices. Cementir added, in their press release that, had exchange rates remained constant from 2022, revenues would have increased 10.5 per cent to EUR1901.5m. This drop in revenues... |
Italian cement slips in 2023 with moderate 2024 forecast06 March 2024, Published under Cement NewsItalian cement output expanded eight per cent YoY in December 2023, according to the Italian concrete association, Federbeton. This was largely driven by robust demand from local public sector works, which totaled EUR18.1bn in the year to December. However, cement output contracted two per cent for 2023 as a whole, weighed down by sluggish activity in the construction sector. Data from the national statistics provider, ISTAT, shows construction output contracted 0.1 per cent for the year.... |
Martin Engineering expands in Italy27 February 2024, Published under Cement NewsUS-based bulk handling equipment specialist Martin Engineering has opened a new facility in Italy. The move follows a restructuring of the company’s Italian business to help improve growth and enhance customer service. Having been present in Italy for more than 30 years, the move to a new warehouse near Monza forms part of the company’s strategy to widen its ability to solve bulk handling problems in sectors such as recycling, glass, steel, paper and ports. The company’s range of CleanScr... |
Saint-Gobain signs energy PPA in Italy08 February 2024, Published under Cement NewsSaint-Gobain has signed a 10-year renewable electricity supply contract in Italy with Axpo Italia. The power purchase agreement (PPA) covers the purchase of electricity generated by a newly-built wind farm in the Puglia region. Axpo Italia will provide around 22GWh of green electricity per year, or 11 per cent of Saint-Gobain’s electricity needs in Italy. This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20 ... |
Italian cement production expands 10% in November02 February 2024, Published under Cement NewsCement output in Italy increased by 10 per cent YoY in November 2023, according to the Italian concrete association, Federbeton. However, when compared with the 2015-baseline index of 100, output declined to 92. The country imported 191,707t of grey cement in October 2023, up 13 per cent YoY, with a total CIF value of EUR16.584m, or EUR87/t. Grey exports advanced by 22 per cent YoY in October 2023 to 143,105tt, with a total FOB value of EUR14.468m, or EUR101/t. Year-to-date 2023 In the ... |
Cement output in Italy declines 2% in October09 January 2024, Published under Cement NewsCement production in Italy slipped by two per cent YoY in October 2023, according to the Italian concrete association, Federbeton. When compared with the 2015-baseline index of 100, output edged up to 101. The country imported 162,219t of grey cement in September 2023, up 13 per cent YoY, with a total CIF value of EUR14.424m, or EUR89/t. Exports increased by four per cent YoY in September 2023 to 121,555t, with a total FOB value of EUR12.556m, or EUR103/t. Year-to-date 2023 In the fi... |
Italy's cement output falls 8% in September08 December 2023, Published under Cement NewsCement production in Italy declined by eight per cent YoY in September 2023, according to the Italian concrete association, Federbeton. When compared with the 2015-baseline index of 100, output fell to 93. The country imported 151,690t of grey cement in August 2023, up 30 per cent YoY, with a total CIF value of EUR13.946m, or EUR89/t. Exports increased by 35 per cent YoY in August 2023 to 94,827t, with a total FOB value of EUR9.068m, or EUR96/t. January-September 2023 In the first n... |
Buzzi SpA announces consolidated 9M23 net sales of EUR3303m09 November 2023, Published under Cement NewsBuzzi SpA announced that consolidated net sales in the 9M23 were equal to EUR3303m, up 9.9 per cent compared to EUR3004m in 9M22. Cement and concrete volumes fell -8.1 and -12 per cent YoY, respectively, due to a significant contraction of demand in central and eastern Europe, and to a less marked weakness in Italy and the United States. Cement and clinker sales of the group, in the first nine months of 2023, stood at 20.1Mt (21.9Mt in 9M22). Ready-mix concrete output reached 7.7Mm ... |
Italy's cement production up 5% in August03 November 2023, Published under Cement NewsItalian cement production saw a five per cent increase YoY in August 2023, reaching an index value of 62 when compared with the base year of 2015, according to the national construction chamber, Federbeton. Cement prices increased by nine per cent YoY in August to an index value of 206 when compared with the base line of 2015. In terms of external trade cement imports fell five per cent YoY to 153,062t in July 2023 with imports up seven per cent in the first seven months of 2023 when compa... |
Italy’s cement market contracted 9% in 202206 October 2023, Published under Cement NewsTotal consumption in Italy was down by 6.7 per cent YoY to 19.07Mt in 2022 from 20.45Mt, according to Federbeton. Of this total 1.944Mt was imported, up 15.1 per cent YoY from 1.69Mt. In per capita terms, domestic consumption fell from 346kg/inhabitant in 2021 to 324kg/inhabitant in 2022. Cement dispatches in the country decreased by 8.7 per cent YoY to 17.125Mt in 2022. Declines were felt across the country. In the north dispatches were down 8.6 per cent YoY to 8.891Mt while in central Ita... |