Cement News tagged under: Portugal
Semapa Group attributes 9M24 growth to cement operations01 November 2024, Published under Cement NewsSemapa Group, the parent company of Portuguese cement producer Secil , has reported a net profit of EUR181.6m (US$197.3m) for the first nine months of 2024, marking an 8.6 per cent increase from the same period last year. The group attributes much of this growth to its cement and pulp operations, which generated a EUR36.9m increase in EBITDA despite challenging conditions in other business segments. Secil saw turnover rise to EUR526.1m, a 1.4 per cent increase YoY. The company's EBITDA c... |
Minister for the Economy visits Cimpor to see decarbonisation investments31 October 2024, Published under Cement NewsCimpor received a visit from Portugal's Minister of Economy, Pedro Reis, at the Alhandra Production Centre to present the company's strategic decarbonisation plan for the country, which represents a total of EUR360m to be invested in the Alhandra, Souselas and Loulé plants. This investment plan, which is already underway, aims to achieve carbon neutrality for Cimpor by 2050, which will place the historic Portuguese company at the forefront of the environmentally sustainable transition a... |
Cimpor subsidiary invests EUR11.5m in new bag line07 June 2024, Published under Cement NewsSacopor, part of Cimpor , is investing EUR11.5m in a new bag production line. The new line will increase the company's annual bag output from 130m to 160m. The new bag line was inaugurated on 6 June 2024 at the company's Alenquer plant and operating in Portugal for the last three decades, the latest line is the fourth at the facility, according to Noticias Financieras. Its output is supplied to the cement and mortar industry. Amaro Freire, director of Sacopor, says that "The new product... |
Taiwan Cement to operate as TCC Group Holdings27 May 2024, Published under Cement NewsTaiwan Cement Corporation (TCC) held its shareholders' meeting on 21 May 2024 officially announcing the transformation of the 78-year-old company into a group holding company, shifting its English name from Taiwan Cement Corporation to TCC Group Holdings. This marks a significant leap into 11 industries, spreading its presence across 13 international markets. TCC's Chairman, Nelson Chang, highlighted that 60 years ago, TCC operated as a cement-only supplier. TCC has now advanced to becom... |
Portuguese cement consumption up 13% YoY in February02 May 2024, Published under Cement NewsCement consumption in Portugal in February 2024 advanced by 13.4 per cent, compared to the same period a year earlier, according to the Association of Civil Construction and Public Works Industries (AICCOPN). Consumption for the month came in at 646,000t. In the opening two months of 2024, the number of licences issued for new construction or rehabilitation works of residential buildings in Portugal declined 0.9 per cent, compared to the same period a year earlier, reports The Portugal Ne... |
Taiwan Cement expands its European footprint29 November 2023, Published under Cement NewsTurkey's Army Pension Fund, OYAK , has reached a preliminary agreement to sell its stakes in two cement companies to Taiwan Cement Corp for a total of about EUR673m. OYAK is selling a 20 per cent stake in Oyak Denizli Cement of Turkey to Taiwan Cement, valuing the company at EUR1.3bn (US$1.42bn). Taiwan Cement estimates it will pay EUR193.4m for the stake, increasing its ownership to 60 per cent, a filing from the Taiwanese company confirmed. Taiwan Cement had purchased a 40 per cent s... |
CTP to supply WHR to Cimpor plants06 September 2023, Published under Cement NewsOyak group is investing in technology to mitigate the carbon footprint of its cement plants through its Cimpor subsidiary, which is equipping Souselas and Alhandra in Portugal with new waste heat recovery systems (WHRS). Cimpor has set the goal of reducing direct CO 2 emissions by 37 per cent by 2030. The measure, which is part of the Oyak and its controlled long-term environmental strategy, is part of the energy transition plan to a carbon neutral economy, which is expected to take... |
WHR testing begins at Secil30 August 2023, Published under Cement NewsThe CTP Team waste heat recovery (WHR) system being installed at Secil , Portugal, has entered the testing phase with each piece of equipment being individually checked prior to commissioning and start-up. According to the company, the fans of the air-to-air heat exchanger have been tested using a temporary power source. The 7.2MW WHR system integrates three different heat sources to generate electricity: AQC boiler, PH boiler, and solar field. The system features a 15,172m 2 total heat... |
Pipe conveying in Portugal24 July 2023, Published under Cement NewsPipe conveyors offer several advantages compared to conventional conveyors, including the ability to easily overcome obstacles with curves, no need for transfer points, the absence of material spillage and very limited environmental impact. Demonstrating the benefits of this system in practice, Bedeschi’s recent installation of an alternative fuels pipe conveying system for the SECIL Group’s Outão cement plant in Portugal has proven to be a good fit for the producer’s Clean Cement Line R&D i... |
Cimpor to install Portugal’s first Pyrorotor® alternative fuel solution11 July 2023, Published under Cement NewsKHD has received a contract from Cimpor Portugal ( Oyak Group ) to modernise production line 7 at its Alhandra cement plant. The contract further strengthens the long-standing relationship between Oyak Group and KHD. The project will see production capacity increased at the Alhandra plant from 3000tpd to 3600tpd, as well as allowing thermal substitution rates of more than 80+ per cent to be achieved. It includes the first installation of KHD’s innovative Pyrorotor ® alternative fuel com... |