Cement News tagged under: western europe
Alternative fuel plant achieves 75,000t of valorised waste in first-year24 October 2023, Published under Cement NewsCementos Molins celebrates the first year of operation of its alternative raw materials plant, located within its facilities in Barcelona, Spain, with a significant milestone. The company has announced that the plant has successfully valorised more than 75,000t of non-hazardous construction and demolition waste, as well as other non-hazardous industrial waste, in its first anniversary. Cementos Molins ' alternative raw materials plant, which covers an area of over 3250m 2 , was inaugurat... |
Heidelberg Materials named as Summit mystery bidder24 October 2023, Published under Cement NewsJust weeks after it was reported that Summit Materials had entered into an agreement to merge with the US operations of Cementos Argos , Heidelberg Materials is allegedly lining itself up to acquire Summit Materials. According to Bloomberg, Summit Materials has rejected two takeover bids from an “unnamed party” in recent weeks, which has since been revealed as Germany-based Heidelberg Materials. With Argos USA home to four integrated cement plants, around 140 ready-mixed concrete p... |
Heidelberg Materials raises full-year outlook23 October 2023, Published under Cement NewsIn the course of preparing its quarterly statement for the first nine months of 2023, Heidelberg Materials has announced preliminary 3Q23 results above current capital market expectations. Capital market expectations are based on the average values of the latest estimates of financial analysts, compiled by Vara Research on 18 October 2023. Preliminary financial figures from the cement producer’s quarterly statement for January to September 2023 show: Preliminary revenue amounts to EU... |
Finnsement appoints responsibility director23 October 2023, Published under Cement NewsFinnsement has appointed a responsibility director. The appointment is part of a wider organisational reform to respond to the challenges posed by the constantly changing operating environment. With the support of the new management team, Finnsement is also more agile in promoting the company's strategic goals, such as long-term emission reduction work. Ulla Leveelahti has been appointed Finnsement's director of responsibility from 11 October 2023. Ms Leveelahti, who previously worke... |
Deutsche Bank clamps down on emissions targets20 October 2023, Published under Cement NewsDeutsche Bank has reportedly set emissions targets for loans to clients in the cement sector as part of the bank’s net-zero target for 55 per cent of its financed emissions. According to Reuters, the bank, which is Germany’s biggest lender, is under increasing pressure from policymakers and investors to encourage clients to reduce their greenhouse gas emissions. Twelve months ago the bank set up a ‘net zero forum’ of senior executives tasked with assessing loan deals of more than EUR25... |
Spain’s cement consumption sees 9% drop in September19 October 2023, Published under Cement NewsCement demand in Spain fell by nine per cent YoY to 1,137,773t in September 2023, according to the country’s cement association, Oficemen. Exports declined by 6.8 per cent to 391,566t in September when compared with the year-ago month. In the January-September 2023 period, demand contracted by 1.6 per cent YoY to 10,945,946t. Exports for the nine-month period decreased by 3.4 per cent YoY to 4,118,192t. “Since June we have now recorded four months of decline, a situation that we observe ... |
Heidelberg Materials acquires PT Semen Grobogan plant18 October 2023, Published under Cement NewsHeidelberg Materials , via its subsidiary Indocement , has signed an agreement to acquire 100 per cent of the shares in PT Semen Grobogan ’s integrated cement plant located in Central Java, Indonesia. The plant started commercial production in 2022. With this investment, Heidelberg Materials further strengthens its footprint in Indonesia, one of the company’s core markets in Asia-Pacific. The Semen Grobogan cement plant has a capacity of 1.8Mta of clinker and 2.5Mta of cement with lime... |
Swiss cement deliveries fall 12% in 3Q2317 October 2023, Published under Cement NewsCement deliveries in Switzerland in the third quarter of 2023 fell 12.1 per cent to 950,101t from 1,080,399t in the 3Q22, reports the Swiss cement association, Cemsuisse. In the January-September 2023 period deliveries were down 10 per cent to 2,854,726t from 3,173,108t in the 9M22. Approximately 2.749Mt of bulk cement was sold in addition to 88,494t of bagged cement. Dispatch was mainly by road, which accounted for 61.9 per cent while 38.1 per cent of deliveries was made by rail. Of tot... |
Breedon Ireland reports 48% profit growth in 202216 October 2023, Published under Cement NewsBreedon Ireland , the Irish cement-making business of the UK-based Breedon Group , reported profit of EUR21.5m in 2022, up 48 per cent from EUR14.5m in the previous year. Revenue over the same period advanced 21 per cent to EUR72.8m, according to Irish Independent. The results come despite higher energy prices and fears over what impact the government’s planned concrete levy would have on the residential construction market. In 2022 the Irish government announced a five per cent concret... |
Ecocem proposal at Port of Los Angeles takes next step16 October 2023, Published under Cement NewsThe Port of Los Angeles has issued a Draft Environmental Impact Report (DEIR) for a proposed low-carbon cement processing facility at the port in Wilmington. According to Random Lengths News, Ecocem Materials Ltd , through its subsidiary Orcem California Inc, plans to construct a new processing facility at the port for the production of a low-carbon binder. The facility would import raw materials by ship, process them to manufacture the binder, then ship the product to customers via truc... |