Cement News tagged under: Italy
Buzzi Unicem changes name to Buzzi SpA19 May 2023, Published under Cement NewsItalian-based Buzzi Unicem hs changed its name to Buzzi SpA as of 18 May 2023. The name change was ratified by an extraordinary shareholders meeting on 12 May 2023. The names of the international cement producer's subsidiaries remain unchanged. |
Buzzi Unicem posts 1Q23 consolidated net sales of EUR955.9m15 May 2023, Published under Cement NewsConsolidated net sales for Buzzi Unicem in the 1Q23 reached EUR955.9m, a rise of 19.5 per cent compared to EUR8000.1m the 1Q22. However, Buzzi Unicem reported to a decline in sales volumes for the group in the first three months of 2023, both for cement (-8.8 per cent) and ready-mix concrete (-12.2 per cent). The strengthening of cement prices offset lower volumes in sales. Cement sales totalled 5,803,000t in the 1Q23 compared to 6,363,000t in the 1Q22. Ready-mix sales totalled 2,364,... |
Italian cement production up 3% in February05 May 2023, Published under Cement NewsCement production in Italy increased by three per cent YoY in February 2023, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value advanced from 66 in January to 87 in February 2023. Cement prices in February 2023 remained stable MoM at 212 when compared with the base year of 2015 (=100). Federbeton reported a 35 per cent increase when compared with February 2022. External trade Grey cement imports in January 2023 advance... |
Taiwan Cement Group plans green bond04 May 2023, Published under Cement NewsTaiwan Cement Group is planning to issue green bonds through its subsidiary in Europe, marking the first time the group has sold such bonds to finance environmentally-friendly projects. In a statement to the Taiwan Stock Exchange, Taiwan Cement Co (TCC) said its energy storage subsidiary NHOA SA in Italy will sell convertible green bonds with a maturity of five years, aiming to raise EUR250m (US$276m). In July 2021, through its subsidiary Taiwan Cement Europe Holdings BV, TCC acquired... |
Buzzi Unicem reports on sustainability achievements21 April 2023, Published under Cement NewsBuzzi Unicem has lowered its specific gross scope 1 CO 2 emissions from 689kg/t cementitious product in 2021 to 664kg/t in 2022, according to its 2022 Sustainability Report. This marks a 3.6 per cent reduction YoY. Compared to 2020, scope 1 CO 2 emissions are down 4.3 per cent. Specific thermal consumption has fallen from 4138MJ/t clinker in 2020 to 4106MJ/t in 2021 and 4084MJ/t in 2022. Meanwhile, the group’s thermal substitution rate fell from 29.2 per cent in 2020 to 27.8 per cent in... |
Italian cement output advances 4% in January 202305 April 2023, Published under Cement NewsItalian cement production increased by four per cent YoY in January 2023, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value slipped from 69 in December to 66 in January. Cement prices in January 2023 edged up MoM to 212 from 210 in December 2022 when compared with the base year of 2015 (=100). Federbeton reported a 39 per cent increase when compared with January 2022. External trade Grey cement imports in December 202... |
CICSA Group completes CADERSA acquisition04 April 2023, Published under Cement NewsItaly-based CICSA Group has completed the acquisition of CADERSA Cadenas y Derivados SL of Barcelona, a company leader in Spain in the production of mechanical chains for bulk materials handling applications. In its almost 50 years of activity, CADERSA has proved a strong focus on high-quality production, with particular attention to the markets of the Iberian Peninsula, north Africa, and Latin America. Through this operation, CICSA Group completes the production range of chain solutions ... |
Buzzi Unicem Group net sales rise 16% in 202230 March 2023, Published under Cement NewsBuzzi Unicem 's group net sales rose to EUR3996m, up 16 per cent from EUR3446m in 2021. However, cement sales of 28.33Mt in 2022 marked a decline of 9.2 per cent from the 31.2Mt recorded in 2021. Ready-mix sales for the group also slipped to 11.51Mm 3 , down 5.2 per cent from 12.14Mm 3 achieved in 2021. Group EBITDA totalled EUR892m in 2022, up 11.2 per cent from the EUR795m achieved in 2021. Consolidated net profit fell 15.4 per cent to EUR459m in 2022, down from EUR542m in 2021. ... |
IKN completes test runs of calcium looping trials15 March 2023, Published under Cement NewsAfter successfully finishing CLEANKER’s test-runs of the entrained Calcium Looping (CaL) system at Vernaca cement plant in Italy, the complete project will be presented to the public at the 9th HTSLCN conference at Piacenza this week. During this workshop IKN will present its plant design for the CLEANKER pilot project and the first steps towards scaling up to a full-size cement plant. CLEANKER aims to demonstrate the CaL concept, one of the most promising technologies for ... |
Italy’s cement output sees 9% MoM drop in December 202213 March 2023, Published under Cement NewsItalian cement production fell by 29 per cent MoM and nine per cent YoY in December 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value declined from 85 in November to 70 in December. Cement prices in December 2022 slipped MoM to 210 when compared with the base year of 2015 (=100). Federbeton reported a 67 per cent increase when compared with December 2022. External trade Grey cement imports in November were up by... |