Displaying items by tag: Czech Republic

Czech Republic: Holcim Česko, owner of the Čížkovice cement plant, will construct a new calcined clay processing line with an investment of US$44m, marking the largest investment in its history. The project, beginning in January 2025 and aiming for completion by the end of 2026, aims to reduce energy use and end reliance on fossil fuels. The Czech Ministry of the Environment has contributed US$14.5m towards the construction.

Holcim Česko CEO Miroslav Kratochvil said "The new calcined clay processing line represents a revolutionary step in the cement industry. Calcined clays will become a key material in our company's new cement products and will have a significantly lower carbon footprint. This innovation will enable the company to make a significant contribution to environmental protection and emission reduction."

Czech Republic: According to its annual report, Cement Hranice recorded a 29% year-on-year increase in net profit to US$38.5m in 2023, up from US$29.8m in 2022. Sales rose by 5.5% to US$104.1m, despite a reduction in cement sales volumes. The company managed to increase revenues through higher product prices, necessitated by rising energy costs, according to chair of the board Roman Michalčík.

Czech Republic: Engineering company Aliacem started trial operation in February 2024 of an upgrade project to the preheater at Cement Hranice’s integrated plant. The project was reportedly completed on schedule, met quality standards and occurred without any injuries. Cement Hranice is a subsidiary of Italy-based Buzzi.

Czech Republic: The Czech Cement Association (SVC ČR) says that it is “firmly” committed to decarbonise the cement industry and has agreed a clear roadmap explaining how to reach net zero by 2050. It added that it was also backing the strategy outlined in the European Commission’s (EC) industrial deal. In a statement the association said, “The position of SVC ČR regarding the proposal of the decarbonising targets by 2040 is that the Czech government has to prepare in cooperation with the individual industries a deep analysis of the opportunities and the risks arising from the new proposal and prepare a long-term strategy to support the competitiveness of Czech energy-intensive industries.”

SVC ČR distanced itself from comments published in ČTK Business News reporting that a group of energy-intensive industry associations in the country had challenged the EC's proposal to aim to reduce CO₂ emissions by 90% by 2040. The associations argue that the target will harm the competitiveness of Czech industries. They say that it is based on unrealistic assumptions and overlooks the absence of necessary conditions for major investment in the EU’s green industry transformation.

This story was updated on 29 February 2024 with comments from SVC ČR

Europe: Ireland CRH announced the completion of its divestment of its lime operations in the Czech Republic, Germany and Ireland on 4 January 2024. The deal marks the first phase of the group’s divestment of its entire European lime business, for US$1.1bn.

Czech Republic: Cemex Czech Republic resubmitted a revised environmental impact assessment (EIA) for its Prachovice quarry on 29 December 2023. Under the revised EIA, the quarry’s area will remain unchanged, but operations will expand to 1.7Mt/yr from 1.2Mt/yr. Authorities twice rejected previous EIAs for the mine.

Newton Media News has reported that the company says that its tests ‘clearly verified that the increased level of total organic carbon in air emissions was caused by one of the additives used in processing, and not by the content of organic substances in the mined raw material.’

Czech Republic: Heidelberg Materials subsidiary Českomoravský Cement will change its name to Heidelberg Materials CZ on 1 January 2024. Germany-based Heidelberg Materials’ other subsidiaries in the country - including Českomoravský Beton, Českomoravský Šterk, Pískovny Morava and Tras-Servis - will retain their names but appear under the holding company brand. Českomoravský Cement operates two integrated plants in the country.

Europe: Mexico-based Cemex says that it will soon have obtained Type III environmental product declaration (EPD) certificates for the cement products it produces across its European network of cement plants. EPDs have been published for selected cements since 2021. Cemex has confirmed the publication of EPDs for all cement types in Poland and the publication of EPDs for its products produced in Croatia and Spain by the end of 2023. Phase Two of the publication process will see EPDs for cements produced in the UK, Germany and Czech Republic in early 2024, which will complete the full roll out in Europe.

Sergio Menéndez, President of Cemex Europe, Middle East, Africa & Asia, said, "EPD certificates enable our customers to make an informed choice about which materials offer the lowest carbon footprint and reduce the environmental impact of their construction projects. We have therefore made securing these objective and reliable documents, which demonstrate that our products meet the requirements of more sustainable construction, a priority across our whole European operation. I am very pleased with the progress made so far and look forward to celebrating the completion of this process."

Europe: Ireland-based CRH has agreed to sell its European lime business to UK-based SigmaRoc for US$1.1bn. The business controls 16 sites across the Czech Republic, Germany, Ireland, Poland and the UK. CRH says that the first phase of the transaction, which is scheduled for completion in early 2024, will hand over control of the Czech Republic, Germany and Ireland businesses to SigmaRoc, while control of the Poland and UK business will pass over in two subsequent phases.

CRH chief executive officer Albert Manifold said “The decision to divest at an attractive valuation follows a comprehensive review of the Business and demonstrates CRH’s active approach to portfolio management. The proceeds from the divestment will provide us with significant additional capital allocation opportunities to deliver further growth and value creation for our shareholders.”

Central Europe: Austria-based RHI Magnesita has acquired P-D Refractories from Germany-based Preiss-Daimler Group for Euro45m. P-D Refractories produces refractories in the Czech Republic and Germany, and operates other sites in the Czech Republic and Slovenia.

RHI-Magnesita’s CEO Stefan Borgas said “The production capabilities and vertical integration of P-D Refractories, combined with RHI Magnesita’s know-how and renowned research and development capabilities, will complement our product portfolio and enlarge our production footprint and sales channels on a global scale. This acquisition is our sixth transaction to close in the year to date and marks a major milestone for both companies in the process industries sector. Together we look forward to expanding our footprint and strengthening our market presence by offering high-grade refractory products and solutions to an enlarged customer base.”