Cement News tagged under: western Europe
Cementir posts higher sales in 1Q2410 May 2024, Published under Cement NewsCementir cement and clinker sales volumes equal to 2.4Mt increased by 2.3 per cent in the 1Q24 compared to the same period of 2023 thanks to the increase recorded in Turkey, which offset the decline in volumes in other geographical areas. Francesco Caltagirone Jr, Cementir chairman and CEO, commented: “Results for the first quarter of 2024 were in line with our expectations, with sales volumes up but revenues and EBITDA down, compared to the first quarter of 2023. The excellent performa... |
C-Capture partners with Heidelberg Materials on carbon capture trial10 May 2024, Published under Cement NewsC-Capture, a UK-based developer of next generation technology for carbon dioxide removal, has launched a new carbon capture trial in partnership with Heidelberg Materials . The trial, which utilises C-Capture’s innovative solution for industrial decarbonisation, is taking place at Heidelberg Materials' cement plant in Ketton , Lincolnshire, UK. It forms part of C-Capture’s national project, ‘XLR8 CCS – Accelerating the Deployment of a Low-Cost Carbon Capture Solution for Hard-to-Abate... |
CRH announces new share buyback10 May 2024, Published under Cement NewsCRH plc has completed the latest phase of its share buyback programme, returning a further US$0.3bn of cash to shareholders. Between 29 February 2024 and 9 May 2024, 3.7m ordinary shares listed on the New York Stock Exchange were repurchased. This brings the total cash returned to shareholders under the ongoing share buyback programme to US$7.6bn since it began in May 2018. CRH has also announced that it has entered into an arrangement with HSBC Securities (USA) Inc to repurchase ordin... |
Belite: effects of cooling rate10 May 2024, Published under Cement NewsBelite properties show that the mineral has significant benefits in terms of producing cements with a reduced carbon footprint. Arthur Harrisson takes a closer look at belite and the effects of the cooling rate on the performance of high belite cements. By Arthur Harrison, UK Figure 1: Insley Type I belite (© A Harrisson) I n recent years the drive to reduce CO 2 emissions has encouraged a number of innovations in cement making. These include reducing the CO 2 produced b... |
Start of Buzzi SpA share buyback programme10 May 2024, Published under Cement NewsBuzzi SpA has announced the start of a share buyback programme pursuant to the authorisation passed at the 9 May shareholders’ meeting. Under such programme the company may repurchase up to a number of shares which, taking into consideration the ones held from time-to-time in treasury by the company and its subsidiaries, does not overall exceed the maximum amount of EUR200m. The share buyback is aimed at giving the company an instrument for liquidity investment, as well as a so-called “se... |
Ecocem appoints new UK and Ireland MD09 May 2024, Published under Cement NewsSally Anne Sherry is appointed Ecocem's new managing director for UK and Ireland business Ecocem has appointed Sally Anne Sherry as managing director for its UK and Ireland business operations. In this position, she will play a pivotal role in driving Ecocem’s growth and sustainability initiatives, and market presence in the UK and Ireland. Ms Sherry brings almost two decades of experience in the property industry and expertise from several positions as a non-executive d... |
CRH continues to invest in Ukraine08 May 2024, Published under Cement NewsCRH has invested a total of US$80m in Ukraine since the start of the Russia-Ukraine conflict, according to Guillaume Cavalier, president of CRH in Central and Eastern Europe. This brings the company’s investment in Ukraine over its 25-year history in the country to over US$500m, reports bne IntelliNews. “Investing in the expansion of production now is crucial to ensure the potential growth of the Ukrainian cement market following its integration into the EU,” Cavalier remarked, highli... |
GCCA announces new partnerships08 May 2024, Published under Cement NewsNew partnerships between cement manufacturers and tech start-ups, to work together on the development of low carbon concrete, have been announced by the Global Cement and Concrete Association (GCCA). EnviCore, based in Canada, Queens Carbon and Chement, both in the USA, and NeoCrete in New Zealand, were all shortlisted last year, as part of the GCCA’s Innovandi Open Challenge Programme. They have all now formed a partnership with at least five GCCA member companies and leading manufacture... |
Heidelberg Materials sees revenue dip 8% YoY in 1Q2407 May 2024, Published under Cement NewsHeidelberg Materials has reported an eight per cent YoY decline in revenue to EUR4488m in the opening quarter of 2024. According to the company, the fall was the result of lower sales volumes due to poor weather conditions in key regions and a reduced number of working days in the quarter, although these factors were partially offset by positive price momentum in the individual core markets. The result from current operations before depreciation and amortisation (RCOBD) over the first quar... |
Cool Planet signs carbon capture MoU with Carmeuse07 May 2024, Published under Cement NewsCool Planet Technologies Ltd, based in Guildford, UK, has signed an Memorandum of Understanding (MoU) with Carmeuse Technologies SA, a key global producer of lime, limestone and mineral-based products, to collaborate on decarbonisation technology developments, using Cool Planet's advanced membrane-based carbon capture technology. Cool Planet's technology will be used to build a pilot demonstration plant and a study for an industrial plant decarbonisation solution for Carmeuse's lime produ... |