Cement News tagged under: southern Europe
Buzzi to increase stake in Cement Nacional to 100%20 May 2024, Published under Cement NewsItaly-based Buzzi SpA said it will increase its stake in Brazilian cement producer Cimento Nacional (NCPAR) to 100 per cent from the current 50 per cent as its joint venture partner, Grupo Ricardo Brennand , exercises its put option, according to a statement by the company. The price will be determined based on existing agreements and may also vary depending on the exchange rate of the real. The total investment is currently estimated EUR290-310m (US$315m-337m) and will be funded with ... |
Cementir announces 2% drop in revenue in 202312 March 2024, Published under Cement NewsCementir has announced that its 2023 group revenues from sales and services have dropped 1.7 per cent to EUR1694.2m (US$1852.02m) after a record year of EUR1723.1m in 2022. The slight fall in revenues has been attributed to a reduction in volumes sold and weak local currencies, against a moderate increase in prices. Cementir added, in their press release that, had exchange rates remained constant from 2022, revenues would have increased 10.5 per cent to EUR1901.5m. This drop in revenues... |
Turkey’s low-carbon contributions12 September 2023, Published under Cement NewsThe past few years have seen changing trends in the Turkish cement sector. As the country looks to the road ahead, Volkan Bozay, CEO of Turkish cement manufacturers association TürkÇimento, discusses the cement industry’s role in earthquake reconstruction efforts, and its contribution to low-carbon production and policies. ICR: Please can you provide a high-level overview of the Turkish cement sector in terms of the number of players, domestic capacity, consumption and production tren... |
CLEANKER’s calcium looping progress and prospects05 September 2023, Published under Cement NewsFor the last few years, Buzzi SpA has been hosting a pilot project to demonstrate the efficiency of calcium-looping CO 2 capture technology for a cement plant. Results from the project’s nine experimental campaigns carried out over the course of 2022-23 have delivered positive outcomes, building the foundations for a technology scale-up. By Matteo C Romano, Politecnico di Milano, Department of Energy, Italy, Martina Fantini, EU CORE Consulting Srl, Italy, and Maurizio Spinelli, LEAP Scarl, ... |
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