Displaying items by tag: Europe

Germany: Gebr. Pfeiffer will supply an MVR vertical roller mill to Thomas Zement’s Karsdorf plant in Saxony-Anhalt, replacing the existing Horomill to reduce CO₂ emissions.

The order also includes the mill building, material dosing and transport systems to defined transfer points. The project is funded by the Federal Ministry for Economic Affairs and Climate Protection, with commissioning scheduled for mid-2027.

Italy: Cementir Holding’s cement volumes rose by 2% and aggregates by 5%, while ready-mix concrete remained stable at -0.3% in the first nine months of 2025, compared to the same period in 2024. Revenue stood at €1.23bn, down by 0.7% from €1.24bn in the same period of 2024. Earnings before interest, taxation, depreciation and amortisation (EBITDA) declined by 3% year-on-year from €296m to €287m, while profit before tax dropped by 17% year-on-year from €210m to €174m. Despite geopolitical challenges and a weak macroeconomic environment, Cementir confirmed all full-year targets.

Francesco Caltagirone Jr, chair and CEO, said “The results for the first nine months of 2025 are in line with our expectations, with the third quarter showing an improvement in cement and aggregates volumes. We are effectively managing operational challenges while continuing to pursue our strategic objectives and growth path with determination. At the same time, we are accelerating our decarbonisation projects, particularly in carbon capture and storage technologies. While awaiting potential market opportunities, we remain committed to further strengthening our financial position.”

Serbia: Lafarge Srbija, part of the Holcim group, has officially changed its name to Holcim Srbija to align its corporate identity with the global group. Lafarge Srbija has been part of Holcim since 2015.“The name change completes the company’s corporate profile and represents an even more decisive step towards a future that is more sustainable, responsible and innovative,” said Dimitrije Knjeginjic, CEO of Holcim Srbija.

The company operates a cement plant in Beočin, along with several concrete facilities, and plans to build a new €112m cement plant in Belgrade’s Obrenovac municipality. The company acquired the Jazovnik stone quarry in Vladimirci, around 30km from the planned Obrenovac site, earlier in 2025.

France: Titan Group has entered into exclusive negotiations to acquire Vracs de L’Estuaire, which operates a grinding plant at the port of Le Havre in northern France. The acquisition would strengthen Titan’s presence in the French market, building on its existing operations in Marseille. The transaction remains subject to customary legal procedures and is expected to close in the first quarter of 2026.

Germany: Heidelberg Materials increased its revenue by €51m, representing 1%, year-on-year to €5.81bn in the third quarter of 2025, while its result from current operations (RCO) rose by €54m, or 5%, to €1.18bn. The company expects full-year RCO to be €3.3-3.5bn. Specific net CO₂ emissions per tonne of cementitious material are projected to decline slightly compared to 2024.

Chair of the managing board Dr Dominik von Achten said "We continued our growth trajectory in the third quarter of 2025, despite ongoing political and economic uncertainties. Our uncompromising focus on active price and cost management in all group areas contributed significantly to improving our result and further expanding our profitability in the third quarter.” He added “We remain confident about the year as a whole. Based on the business development to date, we confirm our positive outlook for 2025.”

Ireland: CRH recorded total revenues of US$11.1bn in the third quarter of 2025, up by 5% from US$10.5bn in the same period in 2024. Net income rose by 9% year-on-year to US$1.5bn, while adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 10% to US$2.7bn, supported by strong pricing, acquisitions and operational efficiencies.

The group completed nine acquisitions during the quarter with a total value of US$2.5bn.

CEO Jim Mintern said “CRH delivered a strong third quarter performance driven by favourable underlying demand, positive pricing momentum and further contributions from acquisitions.” He added “We are pleased to reaffirm net income and raise our adjusted EBITDA guidance for 2025, representing another record year for CRH. We have completed 27 acquisitions year-to-date, including the acquisition of Eco Material Technologies. Looking ahead to 2026, we expect favourable market dynamics and the continued execution of our strategy to underpin another year of growth and shareholder value creation.”

Greece: Titan Group recorded sales of €684m in the third quarter of 2025, up by 3% year-on-year, supported by growth across all regions. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 20% to €187m, driven by firm pricing, cost management and operational improvements.

In Greece, sales and EBITDA grew strongly, supported by double-digit volume increases across product lines amid continued construction market expansion. In the US, improved market conditions and favourable weather helped raise cement, ready-mix, aggregates and fly ash volumes, while sustained pricing strength delivered higher sales and EBITDA in dollar terms. Southeast Europe also recorded strong growth, with higher cement volumes and firm pricing reversing the softer performance seen earlier in the year. In the Eastern Mediterranean, Egypt accounted for most of the region’s revenue and profitability following the sale of Adocim in Türkiye in May 2025, posting strong domestic and export sales.

For the first nine months of 2025, Titan’s sales rose by 1% year-on-year to €2.01bn, while EBITDA grew by 8% to €473.6m (+13% when adjusted for the Adocim sale and currency effects). Domestic cement volumes totalled 13.2Mt, up by 2%.

Romania: Holcim has won a European Union Innovation Fund grant for its Carbon Hub CPT 01 carbon capture and storage (CCS) project at its Campulung cement plant. The initiative will produce an estimated 2Mt/yr of near-zero cement from 2032, marking Eastern Europe’s first full-scale onshore CCS project, according to the company.

The project, developed with Carmeuse as a key partner, will capture CO₂ from kiln flue gases, compress it and transport it for permanent underground storage. Holcim said the project supports the EU’s Clean Industrial Deal and advances its NextGen Growth 2030 strategy.

With this grant, Holcim now has eight large-scale EU-supported carbon capture, utilisation and storage (CCUS) projects, located in Belgium, Croatia, France, Germany, Greece, Poland and Romania.

Greece: Titan Group has entered a strategic partnership with thyssenkrupp Polysius to advance Polysius’ meca clay technology, which aims to reduce CO₂ emissions from cement production. The collaboration was formalised through a memorandum of understanding.

The meca clay system activates alternative cementitious materials to partially replace clinker, thereby lowering emissions and energy use without affecting performance, according to the company. Titan will first implement the technology at its Patras cement plant, with pilot activities scheduled for 2026 and further rollout planned. The partnership targets the production of low-carbon cement with a clinker-to-cement ratio below 40%, compared to 93% in ordinary Portland cement.

Belgium: Carmeuse’s LEOPARD project in Aisemont has been selected for funding by the European Innovation Fund. The project aims to achieve zero-carbon lime production through a hybrid process that combines CO₂ preconcentration with membrane-based carbon capture. The system increases the CO₂ concentration in kiln flue gases prior to capture, reducing operating costs compared to conventional post-combustion methods while avoiding additional air or chemical waste emissions, according to the company. The facility will also integrate bioenergy with carbon capture and storage technologies.

Carmeuse said the project will prevent more than 70,000t/yr of CO₂ emissions and remove additional CO₂ from the atmosphere through bioenergy carbon capture and storage (BECCS). The process runs solely on electricity, supporting the company’s target of achieving net-zero emissions by 2050.