Displaying items by tag: Italy
Former Italcementi chairman Giampiero Pesenti dies
25 July 2019Italy: Giampiero Pesenti, the former chairman of Italcementi, has died at the age of 88. The grandson of one the brothers who created the company in 1906, he took a degree in mechanical engineering from the Polytechnic University of Milan and then started working for Italcementi in 1958. He became chief operating officer and chief executive officer (CEO) before becoming its chairman, according to Reuters. He was known informally at Italcementi as ‘Engineer Giampiero.’ Notably, the Italian cement producer purchased Ciments Francais in 1992, under his leadership, greatly increasing its size. Italcementi was purchased by Germany’s HeidelbergCement in 2016.
Alpacem buys terminal in Trieste
30 July 2019Italy: Austria’s Alpacem purchased a terminal and bagging plant at Trieste in Italy from Italcementi in April 2019 for an undisclosed sum. The unit will be run by the company’s Slovenian Salonit Anhovo subsidiary with support from its Italian subsidiary W&P Cementi. Cement processed at the terminal will be delivered from the Salonit Anhovo integrated plant in Slovenia for sale in Slovenia, Italy and Croatia.
Turkey drags on Cementir’s half-year results
29 July 2019Italy: Cementir Holding has blamed poor performance in Turkey for falling cement sales volumes. Although it said that positive trends in Scandinavia, the Baltics and Belgium had party compensated for this. Its sales volumes of grey and white cement fell by 12.2% year-on-year to 4.32Mt in the first half of 2019 from 4.92Mt in the same period in 2018. Ready-mixed concrete sales dropped by 21.3% to 2Mm3 from 2.54Mm3. Its revenue rose slightly by 0.6% to Euro592m from Euro589m. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 14.7% to Euro110m from Euro96m.
Italy: The Italian Competition Authority (AGCM) has reduced a fine against Cementi Rossi by 20% to Euro4.6m. The fine relates to a penalty of Euro184m levied against a number of cement producers and the Italian Cement Association (AITEC), according to the Il Sole 24 Ore newspaper. The original fine of Euro5.8m was reduced following an appeal to the AGCM.
Italy: Buzzi Unicem says that its Unical subsidiary is the first national concrete producer to earn silver level RSS certification from the Concrete Sustainability Council. The accreditation asserts that a company meets criteria for sustainable practices and operates in a sustainable, environmentally positive manner. Unical’s Strada Berlia concrete batching plant in Turin received the certification in June 2019. The CSC procedure also included certifying the cement produced by Buzzi Unicem’s Robilante Cement plant and the aggregates from Ceretto quarry. The certificate was issued by ICMQ, the Italian Certification Body member of CSC. Unical manages more than 100 concrete plants in Italy.
New Colacem plant coming to Paraguay
25 June 2019Paraguay: The Italian cement manufacturer Colacem has confirmed that it will start construction of a US$200m integrated 2Mt/yr cement plant in the district of San Alfredo, Concepción, Paraguay in early 2020. Representatives from Colacem, along with the Italian Ambassador to Paraguay and Paraguayan Minister for Industry and Commerce made the announcement at a meeting with Paraguay’s President Mario Abdo Benítez.
Paraguayan Minister for Industry and Commerce Liz Cramer said that the projected investment will benefit the entire northern area of the eastern region in terms of new jobs, incorporation of technology and environmental sustainability.
Construction will take three years and the plant will create 700 jobs during construction. There will be around 500 permanent positions, with a further 2000 indirect new jobs arising from the plant.
Italian ambassador to Paraguay, Gabriel Annis, said, "I thank the Government of Paraguay for its support and I confirm the support of my Government for this investment, which for us is fundamental and strategic.” He added that the investment includes technology transfer, social projects and care of the environment and said that he was confident that they will bring development for a Paraguayan region that needs economic injection.
Italy: Buzzi Unicem says its ready-mix concrete subsidiary Unical has completed the largest continuous concrete casting in Europe at the Galeazzi Orthopedic Institut project in Milan. It pumped 33,000m3 of concrete continuously for 94 hours including 3300 concrete mixer journeys with 106 Unical staff on duty. The new 16-storey building will have a height of 90m once completed.
Italy: Martin Engineering has launched its successful ‘Mr Blade’ conveyor belt optimisation program in Italy's construction materials sector. The service is a direct-to-site service to maintain and replace belt-cleaner blades that has previously been implemented in the US and the UK. Martin Engineering offers a range of conveyor belt solutions in Italy for industries like energy and steel. The ‘Mr Blade’ program extends this offering to smaller sites – such as quarries, concrete and asphalt plants. Martin Engineering expects to launch its ‘Mr Blade’ service in other European countries later in 2019.
Italy: Buzzi Unicem’s sales rose by 21.7% year-on-year to Euro656m in the first quarter of 2019 from Euro539m in the same period in 2018. Its cement sales volumes grew by 16.9% to 6Mt and its ready-mixed concrete sales rose by 7.3% to 2.6Mm3. It attributed the gain in sales to improved weather in the reporting period. The group reported particular sales growth in Italy, the US and Germany.
Italy: Colacem’s Spoleto cement plant has been idled. The kiln has been shut down and quarrying work suspended, according to La Nazione newspaper. The integrated plant was acquired by Colacem from Cemitaly in early April 2019. Union representatives from the plant have asked Colacem what its business plans and staffing levels will be. Currently the plant employs 80 people.