Cement News tagged under: western europe
Cemex Ventures helps Carbon Clean raise US$8m for carbon capture projects04 August 2021, Published under Cement NewsCarbon Clean has raised US$8m from new investor Cemex Ventures and existing investors Equinor Ventures, ICOS Capital and WAVE Equity Partners. The capital raise extends Carbon Clean's successful US$2m Series B investment round , brings the total value of the round to US$30m. "We're delighted to have Cemex as an investor and its backing further confirms the growing value of our technology proposition, as well as expanding confidence of strategic investors," said Aniruddha Sharma, Carb... |
Swedish cement shortage could impact climate transition02 August 2021, Published under Cement NewsMalin Löfsjögård, CEO of Swedish trade association Svensk Betong, says that the potential cement shortage starting in autumn 2021 could be detrimental to the planned climate transition. A considerable volume of cement will be required for infrastructure and new housing construction and supply could be significantly reduced following the discontinuation of Cementa’s limestone mining on Gotland . While the limestone in cement could be replaced partly with other materials, it is not sufficien... |
Cementir sees 1H net profit rise of 140%30 July 2021, Published under Cement NewsCementir reported a 16.5 per cent rise in revenues for the first half of 2021 to EUR664.5m from EUR570.4m in the 1H20. The increase reflects an 18.7 per cent rise in the sales of grey and white cement and clinker to 5.457Mt, a 31.4 per cent increase in ready-mix concrete sales to 2.515Mm3 and a 12.2 per cent uptick in aggregates sales to 5.211Mt when compared with the 1H20. EBITDA increased by 36.6 per cent to EUR133.5m in the 1H21 from EUR97.8m in the year-ago period. Group net profit adv... |
Titan Cement International SA announces in consolidated revenues of EUR821.1m in 1H2130 July 2021, Published under Cement NewsTitan Group announced consolidated revenue amounted to EUR821.1m in the 1H21, up 4.4 per cent versus the 1H20, reflecting growing demand in most markets and a supportive pricing environment. Top line growth was held back by weaker US dollar and US dollar-linked currencies. In local currencies, growth was 11.7 per cent. Titan Group saw positive sales volume trends in all product lines. Group cement and clinker sales, including exports, increased by 11 per cent supported by higher demand ac... |
Holcim records net sales of CHF12,566m in 1H2130 July 2021, Published under Cement NewsHolcim announced 1H21 net sales of CHF12,566m (US$13,640m) compared to CHF10,693m in the 1H20, a rise of 16.6 per cent LfL. Operating profit (EBIT) reached CHF1794 up from CHF1005 in the 1H20. Net debt rose to CHF12,438m in the 1H21 up from CHF10,662m in the 1H20. Jan Jenisch, Holcim CEO, said : "As we close H1 under our new Group identity, I sincerely thank all members of the Holcim family for the teamwork and resilience they continue to demonstrate to navigate the challenges of the pand... |
HeidelbergCement enjoys improved 1H results29 July 2021, Published under Cement NewsHeidelbergCement’s positive sales development in the first quarter of 2021 continued in the second quarter, leading to a 9.7 per cent YoY increase in cement and clinker sales volumes to 61.8Mt in the first half of 2021 from 56.3Mt in the year-ago period. Deliveries of aggregates advanced by 7.5 per cent YoY to 145Mt from 134.8Mt in the 1H20 while ready-mixed concrete sales in the 1H21 were up by 8.3 per cent YoY to 23.5Mm3 from 21.7Mm3 in the 1H20. Asphalt deliveries increased by 11.5 per ce... |
Italcementi selects Bedeschi crusher28 July 2021, Published under Cement NewsBedeschi has signed a new order with Italcementi (HeidelbergCement group) for the supply of clay handling equipment and other sticky materials. The machines will operate at the Matera plant, Italy. The installation includes a Bedeschi double-roller crusher installation receiving incoming material discharged by dumping trucks. The crusher has a design capacity of 400tph, with two motors of 110kW each installed. The hoppers’ internal surfaces are lined with specific material, su... |
Holcim launches 'ECOPlanet' a global range of green cement28 July 2021, Published under Cement NewsHolcim has launched ECOPlanet, its global range of green cement delivering at least 30 per cent lower carbon footprint with equal to superior performance. ECOPlanet is available in Germany, Romania, Canada, Switzerland, Spain, France and Italy, and will be distributed across 15 countries in 2021, with the objective of doubling its market presence by the end of 2022 to enable low-carbon construction at scale. Jan Jenisch, Holcim's CEO: "I am excited to introduce ECOPlanet, the lat... |
Science Based Targets initiative validates Cementir’s CO2 emissions reduction targets27 July 2021, Published under Cement NewsThe Science Based Targets initiative (SBTi) has validated Cementir's CO 2 emission reduction targets, judged to be consistent with the 'well below 2°C' objective, pursuant to the Paris Climate Agreement of 2015. SBTi has validated Cementir Holding commitment to a 25 per cent reduction of scope 1 and scope 2 GHG emissions per tonne of cementitious products by 2030, from a 2020 baseline. The target boundary includes biogenic emissions and removals from bioenergy feedstocks1. The objecti... |
Titan's AI optimiser is rolled out across its portfolio23 July 2021, Published under Cement NewsTitan is creating the smart cement plant of the future with a multitude of cutting-edge solutions leveraging the power of artificial intelligence (AI), in the context of the group’s digital transformation journey, including the roll-out of its fully-autonomous, real-time optimisers for the entire cement production line. Initially launched at Pennsuco cement plant in the USA starting in late 2017 with a revolutionary prototype, one of the first AI systems to be used in cement production, t... |