Cement News tagged under: western Europe
Heidelberg Materials embraces AHS at Texas quarry02 August 2024, Published under Cement NewsHeidelberg Materials is deploying US-based Pronto’s Autonomous Haulage System (AHS) at its Lake Bridgeport quarry in Texas. The move follows the successful pilot of the system in 2023. Pronto specialises in commercial transportation with its AHS designed to perform in the most challenging off-road situations as well as improving safety, reducing costs and increasing productivity. At the Lake Bridgeport quarry, Pronto and Heidelberg Materials have joined forces with Komatsu North Americ... |
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... |
Molins records revenues of EUR692m in the 1H2401 August 2024, Published under Cement NewsMolins 1H24 results saw revenues of EUR692m, slightly lower than the 1H23, with positive impact of selling prices and negative impact of lower volume and currency fluctuations, especially in Argentina due to the decline in activity linked to the country's economic situation. In the 1H24 EBITDA achieved EUR189m, a five per cent increase compared to the same period of previous year, highlighting the contribution of the businesses in Europe, Mexico and north Africa. This improvement of the... |
Cemex installs renewable energy at Alrewas site01 August 2024, Published under Cement NewsCemex has installed an innovative renewable energy project at its Alrewas ready-mixed concrete plant in Staffordshire, UK. The system, which uses a 90kWh battery along with solar panels, is expected to save 200t of CO 2 . According to Cemex, the new facility at Alrewas opened in 2023 without mains electricity, which means the site, until recently, has been exclusively powered by diesel generators. Keen to reduce CO 2 and the plant’s reliance on fossil fuels, once the renewable units we... |
Heidelberg Materials acquires Carver Sand & Gravel01 August 2024, Published under Cement NewsHeidelberg Materials North America has entered into a definitive purchase agreement to acquire Carver Sand & Gravel, the largest aggregates producer in the Albany, New York, area. Included in this acquisition are four quarries, three sand and gravel pits, two asphalt plants, 70Mt of aggregate reserves, a logistics business and about 200 employees. Heidelberg Materials and Carver Companies have also agreed on a strategic partnership in the Albany area for land and marine logistics. “We a... |
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... |
Spanish cement industry contracted in 1H2431 July 2024, Published under Cement NewsCement consumption in Spain shrank 4.2 per cent YoY in June, coming in at 1.254Mt, down from 1.309Mt in June 2023, according to the latest data from Infocemento. Exports were down 157,882t or 27.1 per cent YoY in June, falling to 424,708t. January-June 2024 In the first half of 2024 cement consumption was down 3.3 per cent YoY to 7.268Mt, when compared with 7.513Mt in the same period a year earlier. Exports fell by 601,914t or 20.2 per cent YoY in the January to June period, coming in... |
Vicat's 1H24 growth driven by US31 July 2024, Published under Cement NewsThe Vicat Group has reported consolidated sales of EUR1937m in the first half of 2024, up from EUR1912m in the same period a year earlier. Over the same time frame, EBITDA advanced from EUR314m to EUR353m, while consolidated net income improved from EUR109m to EUR115m. According to the company, the growth has been primarily driven by market dynamics in the USA. Over the 1H24, the company saw a one per cent uptick in cement volumes to 14.1Mt with trends varying across the markets. A slow... |
Cementir post decline in 1H revenue but improves net profit30 July 2024, Published under Cement NewsCementir ’s consolidated revenue slipped by 3.4 per cent YoY to EUR811.8m in the first half of 2024 from EUR840.7m in the 1H23. Non-GAAP consolidated revenue declined by 7.5 per cent YoY to EUR803.3m from EUR868.2m over the same period. The company saw higher sales volumes across its product range. Volumes of grey, white cement and clinker edged up by 0.3 per cent YoY to 5.127Mt, supported by higher sales in Turkey, the USA and Malaysia. Meanwhile, ready-mixed concrete volumes picked up by... |
Heidelberg Materials closes recycling loop in Poland30 July 2024, Published under Cement NewsHeidelberg Materials has commissioned an innovative recycling plant for selective separation at its production site near Katowice, Poland. The first-of-its-kind facility features a proprietary crushing mechanism that enables sophisticated separation and sorting capabilities to fully recycle demolition concrete and substitute virgin materials in concrete production. With a capacity of up to 100tph of concrete, Heidelberg Materials is the first company in the industry to introduce high-quali... |