Cement News tagged under: europe
Votorantim shows strong regional performance in Europe, Asia and Africa15 August 2024, Published under Cement NewsVotorantim Cimentos reports positive results in the 2Q24 for its operations particularly in Europe, Asia and Africa but also in North America. In Brazil Votorantim Cimentos’ net revenue in the 2Q24 was BRL3.2bn (US$583.1m), flat compared to the same period in 2023. Adjusted EBITDA reached BRL566m in 2Q24, stable compared to the 2Q23, due to a positive trend in new businesses and an improvement in variable costs. In North America net revenue reached BRL2.2bn in the 2Q24, a decrease of ... |
Ukraine's reconstruction efforts boosts cement production12 August 2024, Published under Cement NewsUkraine 's cement association, Ukrcement, reported that the country has increased its cement production by 25 per cent in response to growing reconstruction needs. Data for the January-June 2024 period shows that members of Ukrcement boosted their production by 24.4 per cent compared to the same period in 2023 (a total of 3.7Mt). The association highlighted the strength of its member enterprises, continuing to adapt and produce construction materials despite the ongoing difficulties of the ... |
Titan Group reports 1H net profit up 34%01 August 2024, Published under Cement NewsIn the 1H24 Titan Group achieved consolidated sales growth of 7.6 per cent, reaching EUR1323m, with all regions supporting top-line growth and overall volumes increasing, leading to the delivery of another strong performance. Cement pricing was firmly upheld, exhibiting low regional variances, while selective price increases were performed in aggregates and ready-mix concrete. EBITDA for the period reached EUR281.4m, increased by 16.7 per cent YoY, despite unabated cost pressures in factors... |
Heidelberg Materials 1H revenues slip31 July 2024, Published under Cement NewsHeidelberg Materials has released its half-year financial report for the period January to June 2024. The group’s consolidated revenue for the 1H24 was EUR9993.7m, marking a 4.6 per cent decrease from EUR10,472.6m in the 1H23. Its half-year result from current operations before depreciation and amortisation (RCOBD) edged up 2.3 per cent, from EUR1786.7m to EUR1828.4m. First-half RCOBD margins also saw a minor rise from 17.1 per cent to 18.3 per cent YoY. Result from current o... |
Separators for improved grinding performance29 July 2024, Published under Cement NewsSeparators or classifiers can be key to optimising performance of grinding systems in cement plants as well as ensuring product quality targets are delivered. Modern third-generation separators are delivering significant grinding improvements in new and existing grinding systems By Intercem Engineering, Germany Modern separators can significantly enhance the performance of a closed-circuit grinding system in a cement plant (© Intercem Engineering) A s ball mills work in a... |
Ukrcement appeals to the government to amend electricity import rates11 July 2024, Published under Cement NewsUkraine's cement association, Ukrcement, has appealed to the government to amend the current electricity import rate of 80 per cent. Under the country’s martial law, cement producers are obliged to purchase at least 80 per cent of electricity at European prices from the EU to avoid supply restrictions. On 27 October 2023, CMU Resolution No 1127 guaranteed the supply of electricity for domestic producers, provided that 30 per cent of supply was purchased from the EU and 70 per cent from d... |
Cambridge Electric Cement secures £2.25m for low-carbon cement05 July 2024, Published under Cement NewsA British start-up, born out of the University of Cambridge, has raised GBP2.25m in seed funding to support its plans to industrialise the production of low-carbon cement. Cambridge Electric Cement (CEC) has received investment from previous investor Legal & General, as well as Cambridge Enterprise Ventures, Parkwalk Advisors, Almanac Ventures and Delph25 in a funding round spearheaded by Zero Carbon Capital. The company has announced that it has developed a way to make low-carbon, cir... |
Water spray injection in coolers25 June 2024, Published under Cement NewsWhile water injection in coolers has been around for some time, the introduction of an innovative spraying system following an investigation using advanced analysis techniques helped one cement plant in France to cool its clinker more effectively. By Lechler GmbH, Germany Figure 1: a computational fluid dynamics analysis was performed to evaluate the effectiveness of water injection in achieving the required cooling performance (© Lechler GmbH) I n the world of cement produc... |
Advancing carbon neutrality through enhanced WHR24 June 2024, Published under Cement NewsIn addition to reducing power costs, waste heat recovery (WHR) systems can help cement plants to achieve their goal of carbon-neutral cement production. By Exergy, Italy Exergy’s organic Rankine Cycle waste heat recovery installation in Cementi Giovanni Rossi’s cement plant in Pederobba, Italy (© Exergy) I n 2015 the Paris Agreement established a global imperative to mitigate climate change, setting a target of limiting global warming to 1.5°C. Central to achieving this g... |
Votorantim Cimentos Spain appoints new sustainability director19 June 2024, Published under Cement NewsVotorantim Cimentos España has appointed Carmen Boulet as its new director for sustainability, strategy and new business, reporting directly to CEO, Alan Svaiter. An industrial engineer with an MBA from Colombia Business School, Ms Boulet started her career at McKinsey & Co. During that period she accompanied large companies in the world of banking, energy and telecommunications in Latin America and European countries such as Germany, the UK and Norway, to outline their business strategy... |