Cement News tagged under: western europe
FLSmidth reports 28% revenue increase in 1H2316 August 2023, Published under Cement NewsFLSmidth has reported revenue of DKK12,415m (US$1822m) in the first half of 2023, compared to DKK9733m in the same period a year earlier. EBITDA fell from DKK770m in the 1H22 to DKK737m in the 1H23, while profit over the same timeframe declined from DKK257m to DKK202m. Cement revenue advanced nine per cent YoY to DKK3252m in the 1H23, while the mining business saw its revenue expand by 26 per cent YoY to DKK8536m. The first half of 2023 saw the company report a total order intake of 11,155... |
FLSmidth and Mannok partner on SCM project15 August 2023, Published under Cement NewsFLSmidth and Ireland-based cement producer Mannok are partnering on a new decarbonisation research project to maximise supplementary cementitious materials (SCMs) in cement composition, using digitalisation and advanced predictive modelling. SCMs are expected to play a key role in the cement industry’s pathway to net-zero. Covering a range of materials, from natural pozzolans to calcined clay and industrial byproducts, SCMs have a lower-carbon footprint than traditional Portland clinker... |
EcoPact range gains EPD status10 August 2023, Published under Cement NewsAggregate Industries ( Holcim ) has further invested in its sustainability commitments by obtaining Environmental Product Declarations (EPD) for its range of concrete solutions, including its low-carbon concrete ECOPact range. In a UK first for ready-mix concrete products, Aggregate Industries has invested in individual product and plant EPDs for its London Concrete business. This includes the ECOPact product range, the world’s lowest range of low-carbon concrete, DYNAMax High Performan... |
Construction in Great Britain contines to decline, warns MPA09 August 2023, Published under Cement NewsNew figures from the Mineral Products Association (MPA) provide more concrete evidence of the slowdown in Britain’s construction industry. The latest quarterly survey from the MPA – covering aggregates, asphalt, ready-mixed concrete and mortar in Great Britain – reveals a decline in actual sales volumes during the second quarter of 2023. The drop in construction activity, particularly in new housing, along with the impact of cost inflation on other areas such as roads, has contributed to the... |
Mining sector dominates FLSmidth 1Q23 results08 August 2023, Published under Cement NewsFLSmidth has reported group revenue of DKK6016m (US$886.6m) in the first quarter of 2023, up 27.8 per cent from the DKK4706m recorded in the 1Q22. Group EBITA over the same period declined 22.2 per cent to DKK235m, compared to DKK302m in the 1Q22. Group profit in the 1Q23 stood at DKK84m, down from DKK123m in the 1Q22. Group order intake for the three-month period was DKK5632m, a contraction from the DKK7018m seen in the 1Q22. Its cement business saw revenue of DKK1582m in the opening quar... |
Buzzi SpA sees 1H23 volumes decline in Europe08 August 2023, Published under Cement NewsBuzzi SpA reported cement volumes declining across much of western Europe in the 1H23, while the USA saw volumes rise significantly. Hydraulic binders and clinker sales in Italy were stable in the first six months of the year (-0.3 per cent), thanks to the recovery recorded in the second quarter. Ready-mix concrete output contracted, albeit moderately (-2.5 per cent). Selling prices closed the half-year without any significant changes compared to the level reached at the end of 2022... |
Kunda Nordic Tsement is now Heidelberg Materials Kunda AS08 August 2023, Published under Cement NewsKunda Nordic Tsement ( Heidelberg Materials ) has changed its name to Heidelberg Materials Kunda AS . The name change followed the roll-out of the Heidelberg Materials global brand and this is now reflected in Estonia with the new name for the company's Kunda operations. The company emphasises that this is, "The same colleagues, same know-how, experience, and expertise. But in a stronger position to drive the work for a sustainable society and a sustainable future." Heidelberg Materials... |
Buzzi SpA reports consolidated EBITDA up 58% in 1H2307 August 2023, Published under Cement NewsBuzzi SpA announced its 1H23 results reporting that consolidated EBITDA stood at EUR575.3m, up 57.6 per cent compared to EUR365.1m of the previous year. The figure for the period under review includes non-recurring income of EUR3.6m. Profit before tax amounted to EUR552.9m (EUR119.8m in the previous year), considering a contribution of EUR80.6m from equity earnings (EUR57.6m in 2022) and positive net finance costs of EUR24.9m (-EUR56m negative in 2022). After income taxes of EUR121.7m... |
Solar kiln scaled to industrially-viable levels07 August 2023, Published under Cement NewsCEMEX and Synhelion have announced a significant milestone to develop fully solar-driven cement production by scaling their technology to industrially-viable levels. This includes the continuous production of clinker, the most energy-intensive part of cement manufacturing, using only solar heat. At the beginning of 2022, the companies announced the first-ever successful production of solar clinker in a small-scale batch process pilot. Advancing from that stage to production under pla... |
Titan commits to a greener future04 August 2023, Published under Cement NewsThis week we take a look at Titan Group's 2022 Sustainability Report. The vertically-integrated Greek building materials company has a global presence, stretching from Brazil and the USA to Europe, the Mediterranean and Egypt. During 2022 the company invested approximately EGP67m (US$2.16m) in improving environmental management systems. It has prioritised dust control systems, increased waste recycling of by-pass gas and has shifted to low-carbon products. It also has mid- to long-term goals... |