Cement News tagged under: western europe
Cementos Molins' revenue up 37% YoY in 9M2228 October 2022, Published under Cement NewsCementos Molins has reported revenue of EUR959m in the opening nine months of 2022, up 37 per cent on the same period a year earlier. According to the company, the increase is attributed to higher sales across all businesses and the significant contribution from acquisitions completed in 2021. On a like-for-like basis, revenue advanced by 14 per cent. EBITDA over the same period improved by 11 per cent to EUR208m, on the back of strong performances by the company’s South American and A... |
Ecocem joins new European Cleantech Scale-up Coalition28 October 2022, Published under Cement NewsEcocem has joined seven other leading European cleantech companies on 24 October to announce the formation of a new Cleantech Scale-up Coalition to support Europe in becoming climate neutral, energy autonomous and industrially competitive. The coalition is supported by Breakthrough Energy, founded by Bill Gates, and European Commissioner for Energy, Kadri Simson. “Europe is facing an energy crisis and the threat of climate change. The solution must be a clean energy transition. We need ... |
Spain’s cement price sees record hike27 October 2022, Published under Cement NewsThe price of cement in Spain hit a record high as it increased by 18 per cent in September, the highest increase since the historical series started in 2002, according to the country’s National Institute of Statistics (INE). In May the cement price increased by 14.3 per cent YoY and increases accelerated further in June to 16.5 per cent, followed by further increases in July and August, when the price saw a 16.8 per cent advance, noting new records. Prior to May, the largest increase in ce... |
Airvault modernisation underway27 October 2022, Published under Cement NewsThe first stone of the Ciments Calcia cement plant modernisation project at Airvault , France, was officially laid on 5 October 2022 in the presence of Jon Morrish, general manager of parent company HeidelbergMaterials ’ western and Southern Europe, Bruno Pillon, president of HeidelbergCement France, Emmanuelle Dubée, prefect of Deux-Sèvres and many local personalities. The Airvault 2025 project represents an investment of EUR285m and will see the replacement of two semi-dry kiln lines... |
Aumund supplies second kiln line at Medcem Madencilik26 October 2022, Published under Cement NewsGermany’s Aumund Fördertechnik GmbH is supplying 41 machines for a new kiln line at the Medcem Madencilik cement plant in Silifke in the Turkish province of Mersin. The Aumund supply package comprises six belt bucket elevators, two bucket elevators with central chain, four pan conveyors and 11 drag chain conveyors. The conveying capacities range from 50-900tph.The machines will be used for feeding material to the raw mill, the raw mill silo, the coal mill, the heat exchanger and the cem... |
Sika requests "fast track" remedy from CMA26 October 2022, Published under Cement NewsSika AG and MBCC Group have asked the UK’s Competition & Markets Authority (CMA) to consider a “fast-track” remedy to address concerns that their merger could harm the construction industry in the UK. In November 2021 Swiss firm Sika agreed to buy the German-based MBCC Group in a GBP4.5bn (US$5.1bn) deal. Sika and MBCC are the two largest UK suppliers of chemical admixtures used in the production of cement. Together they account for over half of the UK supply. Following an initial Phase ... |
GCC market to expand at a CAGR of 6% in 2022-3225 October 2022, Published under Cement NewsThe Gulf Corporation Council (GCC) cement market is predicted to grow at a CAGR of six per cent between 2022 and 2032, according to a report by Future Market Insights. Demand for cement by the end of the period is expected to reach a value of US$12,651m. Much of this growth is forecast to come from the residential sector on the back of population growth, along with public infrastructure and non-residential buildings, such as hospitals. According to the report, over the forecast period, Sa... |
GCCA and ACI join forces to promote concrete sustainability25 October 2022, Published under Cement NewsThe Global Cement and Concrete Association (GCCA) and the American Concrete Institute (ACI) have signed an International Partnership Agreement (IPA) to develop and disseminate information on concrete, concrete structures, and concrete sustainability. GCCA is the key driver of sustainability in the cement and concrete industry, working towards the goal of carbon neutral concrete. Representing 80 per cent of global production outside of China, as well as key Chinese producers such as CNBM, t... |
Thomas Gruppe acquires Opterra Zement GmbH and Opterra Beton GmbH24 October 2022, Published under Cement NewsThomas Gruppe has confirmed the acquisition of Opterra Zement GmbH and Opterra Beton GmbH (east Germany), which have been owned by CRH Plc since 2015 as part of the pre-merger bulk acquisition of certain Lafarge and Holcim assets. CIC-Market Solutions estimates Opterra's cement sales to be close to EUR110m. The transaction amount has not been disclosed but is unlikely to exceed EUR200m. CRH previously tried to sell this asset to Schwenk Zement KG in 2017 (transaction value of the m... |
Titan appoints new Group Executive Committee Chairman21 October 2022, Published under Cement NewsMarcel Cobuz has been appointed the new chairman of Titan’s Group Executive Committee. “As I take leadership of Titan Group , I would like to thank Dimitri Papalexopoulos for the excellent transition and look forward to working with him as Chair of the Board of Directors,” said Marcel Cobuz. “Big thanks to all my new colleagues around the world for making me feel at home. Together, we will continue the great work started in digitising and decarbonising the business and seize new op... |