Cement News tagged under: western europe
Carbon Clean raises US$150m in latest round of funding12 May 2022, Published under Cement NewsCarbon Clean has closed the largest-ever equity funding round for a point source carbon capture company with US$150m raised from existing investor Chevron. Chevron led the round alongside Cemex Ventures, Marubeni Corp and WAVE Equity Partners, as well as new investors, including AXA IM Alts, Samsung Ventures, Saudi Aramco Energy Ventures and TC Energy. So far, Carbon Clean has raised US$195m, having closed its US$30m Series B investment round in August last year. This new funding will h... |
Minister thanks by Spanish industry for energy auction agreement12 May 2022, Published under Cement NewsTeresa Ribera, Spain’s third vice president and minister for the ecological transition and the demographic challenge, has been personally thanked for her efforts and commitment in achieving a mechanism for energy auctions that has been agreed with the European Commission. The Alliance for the Competitiveness of Spanish Industry, made up of ANFAC (automotive), AOP (refining), ASPAPEL (paper), FEIQUE (chemicals and pharmaceuticals), FIAB (food and beverages), OFICEMEN (cement) and UNESID (s... |
GCCA starts open challenge race to net zero for six start-ups10 May 2022, Published under Cement NewsThe Global Cement and Concrete Association (GCCA) has revealed the first six start-ups that will be backed by its member companies as part of the first Innovandi ‘Open Challenge’ in the race to ‘net zero’ by 2050. The six start-ups, which were chosen from more than 100 entrants to the Open Challenge, hail from the USA, Canada, UK, Italy and the Netherlands. They have joined forces with world-leading cement companies to help drive further innovation in the industry and will each form part... |
Lhoist partner with Air Liquide for Carbon capture project10 May 2022, Published under Cement NewsLhiost is partnering with Air Liquide to launch a first-of-its-kind decarbonisation project of lime production in France. As part of this project, Air Liquide would build and operate a Cryocap™ FG (Flue Gas) unit to capture and purify 95 per cent of the CO 2 arising from Lhoist’s production unit in Réty. Lhoist will be able to reduce the CO 2 emissions of the plant by more than 600,000tpa starting in 2028 (equivalent to the annual emissions of ~ 55,000 households in France). This partne... |
SAMSON Materials Handling secures Eco Hopper order09 May 2022, Published under Cement NewsSAMSON Materials Handling has won an Eco Hopper order for handling cement clinker, limestone, coal and pellets to be installed at the port of Slite, Gotland, Sweden. The SAMSON Eco Hopper will be suitably designed to unload materials at the quay area via crane grabs. The Eco Hopper will then discharge direct to trucks via a telescopic chute. Under normal operating conditions and based on client’s grab sizes and cycle time, will achieve a peak discharging rate of: • 353tph based on c... |
Cementir's 1Q22 regional results boosted by domestic cement sales09 May 2022, Published under Cement NewsIn the1Q22 Cementir’s regional revenues were boosted by Danish sales that reached EUR109m, up 17.7 per cent compared to EUR92.6m in the 1Q21, thanks to sustained demand in all business activities and the increase of sales prices, said Cementir. Cement volumes on the domestic market, both grey and white, increased by around 20 per cent due to growth in all the main market segments, due to favourable weather conditions and the start of new infrastructure projects. Exports of white cement,... |
Cementir reported 1Q22 EBITDA of EUR60.7m06 May 2022, Published under Cement NewsCementir 's EBITDA amounted to EUR60.7m in the 1Q22, an increase of 26.2 per cent compared to EUR48.1m in the 1Q21, following better results achieved to varying degrees in almost all the regions driven to a large extent by the revenue increase as described above. In the first three months of 2022, cement and clinker sales volumes of 2.4Mt were up 1.8 per cent compared to 2021. The increase is attributable to the positive performance of Belgium, Denmark and the United States despite the dec... |
Norfund invests in Continental Blue Investments Ghana06 May 2022, Published under Cement NewsNorfund, the Norwegian investment fund for developing countries, has made a US$7.5m investment in Continental Blue Investments Ghana Ltd (CBI) to support the company’s drive to reduce CO 2 emissions and increase job opportunities at its 0.55Mta Tema plant. Earlier this year CBI Ghana placed an order with FLSmidth to supply the world’s largest clay calcination installation . The facility is expected to reduce total CO 2 emissions by up to 20 per cent compared to current practices and by ... |
UK cement and lime producers excluded from compensation scheme06 May 2022, Published under Cement NewsThe Mineral Products Association (MPA) has expressed disappointment that UK cement and lime producers have been excluded from the government’s compensation scheme for climate change costs. Under the scheme, some energy-intensive industries can apply for compensation from the indirect costs of the UK Emissions Trading Scheme (UK ETS) and Carbon Price Support (CPS) if they meet the criteria. According to the MPA, by excluding cement and lime, “the government has missed an opportunity to suppor... |
Vicat sees 12% rise in consolidated sales in the 1Q2205 May 2022, Published under Cement NewsVicat has posted a 12.4 per cent uptick at constant scope and exchange rates in 1Q22 consolidated sales to EUR789m when compared with the equivalent year-ago period. The reported YoY change was 11.6 per cent. The company saw solid sales growth in all regions and higher selling prices. In addition, no impact from the Ukraine-Russia conflict on the group’s activity was noted in the 1Q22. Commenting on these figures, the Group's Chairman and CEO, Guy Sidos, said: "Vicat’s first-quarter sales... |