Cement News tagged under: Western Europe
FLSmidth report 3% EBITA margin growth for cement in 202227 February 2023, Published under Cement NewsFLSmidth announced a positive 3.3 per cent EBITA margin improvement for its cement division in 2022, compared to -0.3 per cent in 2021. Cement EBITA amounted to DKK204m (US$29m) in 2022 compared to DKK-19m in 2021. Cement revenue increased by two per cent YoY organically and by seven per cent including favourable currency effects, reported FLSmidth. Cement EBITA continued the positive trend seen during 2022, driven by the increased revenue and higher gross margin. The company ann... |
Holcim announces plans for new chairman27 February 2023, Published under Cement NewsHolcim has announced that Beat Hess, chairman of the company since 2016, has decided not to seek re-election to the Board of Directors at the AGM in May 2023. The board intends to propose Jan Jenisch, current CEO of Holcim, as the new chairman. Subject to the vote, Mr Jenisch will succeed as the chairman and continue as CEO of Holcim for a limited duration. According to the company, this double mandate is for a limited duration and a CEO successor will be announced within the next 12 month... |
Holcim reshapes for the future24 February 2023, Published under Cement NewsHolcim caught the cement world's attention this week when it announced the launch of a major low carbon cement project in Europe. The French cement plant of Saint-Pierre-la-Cour is the location of the project that will use the company's proprietary ProximaTech technology to produce ECOPlanet cement, which is a calcined clay cement, with a 50 per cent lower CO2 footprint than OPC. The development of the ECOPlanet cement in France was given an important boost after the French government com... |
Holcim reports net sales of CHF29,289m in 202224 February 2023, Published under Cement NewsHolcim reported its financial results for 2022 announcing net sales of CHF29,189m (US$31.2m) for 2022. This was a 12.9 per cent rise on a LfL basis compared to the prior year. The increase was driven by the fast expansion of the Solutions & Products division, which grew by 54 per cent compared to the previous year. Holcim CEO, Jan Jenish, said: " In 2022, we delivered record financial results with CHF 29.2bn in net sales, CHF 4.8bn in recurring EBIT, 9.5 per cnet ROIC and a record ... |
CEMEX signs ETFuels agreement24 February 2023, Published under Cement NewsCEMEX has signed an agreement with green fuels producer ETFuels, to transform CO 2 from CEMEX’s Alicante cement plant in Spain into green fuels. Under this agreement, ETFuels will combine up to 450,000tpa of captured CO 2 with green hydrogen to produce more sustainable fuels in the form of green methanol (e-methanol). CEMEX is evaluating several strategies and partners to perform CO 2 capture for this project. “Our goal of reaching net-zero CO 2 emissions is achievable and will b... |
Heidelberg Materials' revenue hits all-time high23 February 2023, Published under Cement NewsHeidelberg Materials has reported a 13 per cent YoY increase in group revenue to an all-time high of EUR21.1bn in 2022. Adjusted profit for the financial year also rose significantly, with adjusted earnings per share up 20 per cent YoY at EUR9.47. Good progress was seen in the company’s decarbonisation programme with specific net CO 2 emissions falling by a further two per cent. According to the company, higher energy and raw material prices had a significant impact on construction act... |
Spain's cement demand increases 5% in January23 February 2023, Published under Cement NewsCement consumption in Spain in January expanded by 5.4 per cent to 1,066,959t, according to Oficemen, the Spanish cement association. “We expected lower values at this beginning of the year, but it has been a particularly dry month in which the weather may have allowed us to recover part of the consumption lost in December due to heavy rains. The calendar effect has also had an influence, due to the absence of holidays. In fact, the average daily consumption has had a practically flat growt... |
New plant director for Holcim Jerez plant23 February 2023, Published under Cement NewsHolcim España has appointed José María Gómez as new plant manager of the company’s Jerez plant. His work will focus on promoting innovation and sustainability through circularity, resource efficiency and development of the environment to accelerate Holcim Group ’s green growth strategy. Mr Gómez was previously head of production at the Montcada I Reixac plant. He has a degree in Environmental Sciences from the University of Castilla-La Mancha and has more than 15 years of extensive ... |
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... |
Holcim Spain invests EUR8m in AF at Toledo plant22 February 2023, Published under Cement NewsHolcim España has invested EUR8m in expanding its alternative fuel facilities at its Villaluenga de la Sagra cement plant in Toledo, Castilla-La Mancha province. The investment enables the plant to achieve a thermal substitution rate of 85 per cent and manage around 100,000t of waste. As a result, the Villaluenga de la Sagra works will reduce its CO 2 emissions by more than 30,000tpa. Carmen Díaz, CEO of Holcim España, said: “With this new module, we celebrate another step in our green ... |