Cement News tagged under: Sweden
Cementir reports 36% rise in 1H net profit28 July 2023, Published under Cement NewsCementir Holding posted broadly stable sales of EUR454.5m in the second quarter of 2023. Growth in Turkey, Asia-Pacific and Egypt was able to partially offset a decrease in revenues in the Nordic and Baltic area, Belgium and the USA. In the 2Q23 cement and clinker volumes sold declined by 6.8 per cent YoY to 2.8Mt due to a slowdown in sales in Denmark, Turkey, Belgium and the USA, despite the increase seen in China, Egypt and Malaysia. In the 2Q23 sales of ready-mixed concrete were down ... |
Cementir posts 1Q23 revenue of EUR414.8m10 May 2023, Published under Cement NewsCementir ’s revenue totalled EUR414.8m in the 1Q23, up 14.5 per cent from the 1Q22. EBITDA reached EUR81.2m, a 33.8 per cent YoY advance while profit before taxes totalled EUR63.9m, a rise of 50.7 per cent when compared with the 1Q22. Meanwhile, net debt stood at EUR32.1m at 31 March 2023. Operating costs rose by 2.8 per cent to EUR342.5m when compared to EUR333.1m in the 1Q22. The cost of raw materials rose by 5.5 per cent YoY. Cement volumes (white and grey) totalled 2.34Mt, a f... |
Cementa prepares groundwork for 2030 electricity supply at Slite plant24 April 2023, Published under Cement NewsCementa ( Heidelberg Materials ) is working purposefully in three areas to enable the transition to its carbon capture and storage (CCS) facility at its Slite plant by 2030. The plant will need significantly more electricity, which will place great demands on the company as part of Gotland's electricity system as well as on the collaborations on which Cementa depend. Cementa is working to produce cement with as little energy as possible. Energy efficiency is also a decisive fact... |
SaltX Technology has patent awarded for EAC15 March 2023, Published under Cement NewsSaltX Technology has developed an electrified solution for the industrial process of calcination and has now been granted a patent for its electric calcination technology in Sweden. The Electric Arc Calciner (EAC) solution replaces fossil fuels with renewable electricity and isolates the CO 2 released from the material during heating. The innovation provides an entirely emission-free manufacturing process. The patent granted in Sweden covers several parameters, such as the cyclon... |
Cementir reports significant revenue increases in Europe in 202213 March 2023, Published under Cement NewsCementir's regional results showed significant revenue increases in Turkey, Europe, US and Malaysian markets. However, cement sales were under pressure in most regions. Cementir ’s Danish sales revenues in 2022 reached EUR509.8m, up 23.2 per cent compared to EUR413.9m in 2021, due mainly to the rise in sales prices. Overall cement volumes decreased by six per cent compared to previous year. White cement exports declined by 29 per cent. Ready-mixed concrete volumes in Denmark fell by five... |
Work accelerates on Slite CCS plant22 February 2023, Published under Cement NewsCementa ( Heidelberg Materials group ) is accelerating work to establish a full-scale carbon capture and storage (CCS) facility on Gotland, Sweden. The project, Slite CCS, is one of Sweden's most comprehensive climate change initiatives and is now being planned in a feasibility study. The goal is to transform the Swedish cement industry by 2030. When the CCS facility is ready in 2030, it will capture and store the Slite plant's total emissions of upwards of 1.8Mt aof CO 2 . This correspo... |
SaltX invests in electric calcination demonstration facility14 February 2023, Published under Cement NewsSaltXis is investing about SEK50m (US$4.8m) in an industrial electric calcination demonstration plant. This follows successful and verified tests for manufacturing climate-neutral lime and SMA Mineral’s pre-order of the first electric calcination factory. Since autumn 2021 SaltX Technology has been conducting test operations for its electric calcination technology. In 2022 the company scaled up its operations to a pilot facility. After successful tests to produce climate-neutral lime and ... |
Cementa to develop water treatment plant13 January 2023, Published under Cement NewsCementa ( Heidelberg Materials ) plans a new water treatment plant to strengthen the drinking water supply in northern Gotland, Sweden. In the autumn of 2022, Cementa commissioned and tested a miniature water plant in the roof to evaluate technology and construction before the full-scale water plant is being built. The pilot plant, which has been in operation since last September at Filehajdar, is a smaller-scale model of a fully-functioning water treatment plant, about one-tenth t... |
Cementa gets go-ahead for Gotland quarry14 December 2022, Published under Cement NewsA Swedish court has given Cementa the green light to continue mining limestone at its quarry on the island of Gotland, heading off the risk of a shortage of cement in the building industry, reports Reuters. Cementa, which is part of Heidelberg Materials , has been clashing with local groups over plans to extend mining on Gotland, where the company produces about 75 per cent of the cement used in Sweden. The court said in a statement that it had decided that a nearby nature reserve, pro... |
Cementa's time-limited extraction permit stands08 December 2022, Published under Cement NewsThe Supreme Administrative Court (HFD) has decided that the time-limited extraction permit, which the government announced to Cementa ( Heidelberg Materials ) in the fall of 2021, must stand. HFD made the assessment that the government's decision on a time-limited permit does not contravene any legal rule. This means that limestone quarrying and cement production in Slite can continue as planned for the rest of the year. Cementa's previous permit to mine limestone in Slite expired ... |