Cement News tagged under: Schwenk Latvija
Baltic CCS project gains EU recognition17 May 2024, Published under Cement NewsA cement carbon capture project in Lithuania and Latvia has been granted Project of Common Interest (PCI) status by the European Commission, recognising it as a project that will significantly contribute to EU energy policy and climate goals, reports the Lithuanian News Agency. The project has been developed by CCS Baltic Consortium, consisting of Akmenes cementas AB , KN Energies AB, Larvik Shipping AS, Mitsui OSK Lines and SCHWENK Latvija SIA . The consortium was formed in 2022 with t... |
Schwenk Latvija opens new grinding plant01 July 2022, Published under Cement NewsSchwenk Latvija has opened what it calls “one of Europe’s most sustainable grinding plants”. The new works at Brocēni was commissioned in June 2022 and took just 20 months to complete. The grinding circuit, which was supplied by Christian Pfeiffer, produces high-quality cement such as CEM I 52.5R with up to 5600 Blaine. |
Schwenk Latvija reports 5% increase in turnover in 202127 June 2022, Published under Cement NewsSchwenk Latvija has reported a 4.9 per cent YoY increase in turnover in 2021. The company's turnover reached EUR96.455m, while profit came in at EUR16.118m, up 31.9 per cent YoY, according to Firmas.lv. 2021 saw Schwenk Latvija sell more than 1Mt of cement, of which over 75 per cent was exported, mainly to Finland, Estona and Sweden, reports Baltic Business Daily. Capex in 2021 stood at over EUR23m, up 16 per cent on the 2020 figure. According to the company's annual report, despite the nega... |
Cemex Latvia changes name to Schwenk Latvija04 April 2019, Published under Cement NewsFollowing its recent acquisition by Germany-based Schwenk, Cemex Latvia will change its name to Schwenk Latvija, according to reports by the LETA news agency. Cemex generated a turnover of EUR86.92m in Latvia in 2018, an increase of 11.3 per cent from 2017. Annual profit amounted to EUR5.95m, compared to a loss in the previous year. The company sold over 1Mt of cement in 2018, of which 70 per cent was exported, mostly to Finland, Sweden and Estonia. |
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