Cement News tagged under: western europe
CEMEX UK supports Capital Hydrogen16 November 2022, Published under Cement NewsCEMEX UK has pledged its support of Capital Hydrogen, a partnership between Cadent, SGN and National Grid Gas Transmission, which plans to deliver a transition to low carbon hydrogen for gas networks in the East of England, South East and London. As part of its participation, CEMEX has committed to working with Capital Hydrogen to assess the feasibility of implementing hydrogen powered equipment and vehicles at its sites in London and give due consideration to decarbonisation opportunit... |
Demand for mineral products falls for second quarter in a row, says MPA14 November 2022, Published under Cement NewsDemand for aggregates, asphalt and ready-mixed concrete has declined for the second quarter in a row in the 3Q22, according to the UK-based Mineral Products Association (MPA). MPA members supply around 90 per cent of the total market for minerals and mineral products in Great Britain, predominantly to the construction industry. Sales volumes were not only down on 2021 but also below their 2019 level. Over the past year, compared to 2019, aggregates sales have fallen 2.3 per cent, asph... |
TITAN updates its 2030 greenhouse gas emission reduction targets11 November 2022, Published under Cement NewsTITAN Group has updated 2030 greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) as consistent with the levels required to limit the global temperature increase to 1.5°C. By 2030 TITAN Group commits to reduce Scope 1 (gross), 2 and 3 (gross) GHG emissions covering produced and purchased cement and clinker, by 25.1 per cent per tonne of cementitious product sold by 2030, from a 2020 base year (the target boundary incl... |
Mannock receives Volvo tipper trucks11 November 2022, Published under Cement NewsMannok ’s Fleet Replenishment Programme has reached another milestone with the delivery of three new, custom-built 58t mountain tipper trucks, which will increase productivity and efficiency of the mountain truck fleet. The Replenishment Programme aims to upgrade and replace older fleet vehicles, and this latest phase brings the total number of new road-going and mountain truck fleet to 135 since the multi-million-pound programme of investment began in 2015. Mannok worked with... |
Titan records consolidated sales of EUR1662m in 9M2210 November 2022, Published under Cement NewsTitan Group's consolidated sales for the first nine months of 2022 reached EUR1661.8m posting a 31.6 per cent increase. Energy costs have seen their highest levels during the early part of the 3Q22. However, the group was able to both increase prices as well as work on improving the energy mix, achieving a higher EBITDA. In the 3Q22 EBITDA recorded a strong increase of 23.9 per cent versus EUR95.4m in the3Q21, while year-to-date EBITDA increased to EUR234.5m, 6.8 per cent above 2021. ... |
Buzzi Unicem records net sales of EUR3bn in 9M2209 November 2022, Published under Cement NewsBuzzi Unicem reported consolidated net sales in the 9M22 of EUR3004m, up 18.2 per cent compared to EUR2542m in 9M21. Cement and clinker sales of the group, in the first nine months of 2022, reached 21.9Mt, down 6.2 per cent compared to the previous year. Ready-mix concrete sales closed with a more moderate slowdown at 8.8Mm 3 , a fall of 2.8 per cent. Foreign exchange rate variances positively contributed for EUR160.9 m. Net debt improved from EUR16.8m at the end of 2021 to a positive pos... |
Swiss market contracts 3% in 3Q2209 November 2022, Published under Cement NewsCement deliveries in Switzerland, including Liechtenstein, declined by 2.6 per cent to 1,080,399t in the third quarter of 2022 from 1,108,772t in the 3Q21, according to the Swiss cement association, cemsuisse. In the January-September 2022 period, sales edged up 1.1 per cent to 3,174,108t from 3,139,313t in the 10M21. Ordinary Portland cement (CEM I) sales were down 5.4 per cent YoY in the 3Q22 with 9M CEM I sales down 0.3 per cent YoY. Cement deliveries by rail remained stable with 36... |
CIC-Market Solutions revises up Heidelberg Materials09 November 2022, Published under Cement NewsCIC-Market Solutions has softened its negative scenario post 2022 for Heidelberg Materials . It has raised its 2023 EBITDA projection to EUR3537m (down EUR128m versus 2022E), versus a previous estimate of EUR3439m. This is despite the prospect of falling demand in 2023 in the main European countries (-3 to -10 per cent compared to 2022). CIC-Market Solutions advises that the change in its forecast is firstly due to European producers being determined to pass on the increase in factor ... |
Vicat posts 16% increase in 9M consolidated revenue08 November 2022, Published under Cement NewsVicat posted a 15.7 per cent YoY increase to EUR2697m (US$2691m) in consolidated revenue at constant scope and exchange rates in the January-September 2022 period. On a reported basis, the increase was 14.6 per cent YoY. The variation takes into account a negative foreign exchange effect of more than EUR9m as the euro appreciated against the lira and the Egyptian pound. The scope of the result also fell by nearly EUR17m due to the sale of Créabéton in Switzerland, which was only partly off... |
Carbon Re raises GBP4.2m seed funding to address cement industry carbon emissions08 November 2022, Published under Cement NewsCarbon Re, the Cambridge University and UCL joint spin-out, will accelerate the roll-out of artificial intelligence (AI)-based industrial decarbonisation technology. The company has raised GBP4.2m (US$4.8m) seed funding to scale up the development and deployment of its Delta Zero AI platform, which enables the cement industry to reduce over 50,000tpa of CO 2 emissions per plant. This is the equivalent of taking 11,000 cars off the road. Carbon Re's cloud-based Delta Zero platform models... |