Displaying items by tag: Europe

Ireland: CRH recorded US$16.6m in consolidated sales during the first half of 2023, up by 8% year-on-year from first-half 2022 levels. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) totalled US$2.5bn, up by 14%. Throughout the half, CRH invested US$600m in acquisitions, and maintained a ‘robust’ pipeline of further opportunities. In its Americas business, cement sales were ‘robust.’ There, volumes rose by 5%, and prices rose by 17%, despite adverse weather in Texas and the Western US. Meanwhile, price rises successfully offset local volume declines in Europe, but failed to do so in the Philippines. CRH said that infrastructure projects in the Philippines are experiencing delays. In Ukraine, it said that construction activity increased in the first half of 2023, despite the continuing Russian invasion.

CEO Albert Manifold said "I am pleased to report a strong first half performance, reflecting the continued delivery of our differentiated strategy, further commercial progress across our businesses and good contributions from acquisitions. The strength of our balance sheet, together with our relentless focus on disciplined capital allocation, will enable us to invest in future growth and value creation opportunities for our business."

Greece: Titan Cement Group reported sales of Euro1.23bn in the first half of 2023, up by 19% year-on-year from Euro1.04bn in the first half of 2022. Its sales rose by 25% to Euro736m in the US, by 21% to Euro197m in Greece and Western Europe and by 16% to Euro195m in Southeast Europe. However, they fell by 11% to Euro101m in the Eastern Mediterranean. The producer noted a cement demand decline in Brazil of 1.6%. Titan Cement Group's consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 77% to Euro241m from Euro136m.

Chair Marcel Cobuz said “An excellent first half of the year with strong pricing over costs and increased percentage of low carbon sales reaching 25% in infrastructure and building projects across the group. We are well on track for a record year of growth and an accelerated roadmap of decarbonisation and digitalisation.”

Europe: Holcim has secured funding for three separate carbon capture, utilisation and storage (CCUS) projects at its cement plants in Europe. The recipient projects are the Go4Zero project at Holcim Belgium's Obourg cement plant in Belgium, the KOdeCO project at Holcim Croatia's Koromačno cement plant in Croatia and the eM-Rhône project at Lafarge Ciments' Le Teil cement plant in France. The Le Teil plant's system will be used to produce e-methanol, while the investment at the Koromačno plant will be part of a package of upgrades to turn the plant carbon neutral.

Alongside on-going projects in Germany and Poland, this will bring Holcim's total number of EU-funded CCUS projects to five. Holcim is committed to US$2.33bn-worth of investments of its own in over 50 carbon capture projects worldwide before 2030.

Holcim's Europe regional head Miljan Gutovic said “It’s exciting to be at the forefront of decarbonising the building sector in Europe. The support we are receiving from the EU Innovation Fund for five of our CCUS projects is a great testament to the strength of our engineering teams, the maturity of our technologies and our advanced partnerships across the value chain. Our robust pipeline of projects positions us as the partner of choice to scale up carbon capture technologies in Europe.”

Europe: Heidelberg Materials Northern Europe has signed a collaboration agreement with Volvo Group for an investigation into the use of electric vehicles in loading and hauling. Under the agreement, Heidelberg Materials Northern Europe will implement a mix of its electric trucks and construction equipment machines in its operations. Land-based transport accounts for 6% of the producer's CO₂ emissions. Through electrification, Heidelberg Materials Northern Europe expects to eliminate 200,000t/yr of CO₂ emissions.

Heidelberg Materials CEO Dominik von Achten said “The partnership with Volvo is a lighthouse project in our industry and has the potential to significantly push the decarbonisation of our entire value chain in northern Europe. We look forward to working together to identify and implement state-of-the-art solutions for a fast climate transition in the construction sector."

Europe: The European cement industry association, Cembureau, has welcomed the enactment of the Nature Restoration Law, which aims to restore ecosystems through binding targets in line with the EU Biodiversity Strategy. The European Commission says that the law provides a framework to 'secure the things nature does for free, like cleaning our water and air, pollinating crops and protecting us from floods,' as well as to help limit climate change to +1.5°C.

In a joint statement with other extractive industry bodies, Cembureau told the EU that member states' national restoration plans should take into account industry efforts to plan and implement nature restoration, that member states should protect pioneer species in line with the Nature Directives Species Protection Guidelines' definition of temporary nature and that restoration efforts outside of designated Natura 2000 areas should be addressed on a case-by-case basis in recognition of sectoral specificities.

Europe/India: Finland-based Betolar has secured EU-wide and Indian patents for a new waste-based alternative concrete produced without cement and capable of storing energy. Betolar said that the material, which is already patented in Finland, is especially suited for use in renewable energy infrastructure, where it can provide a storage solution for dealing with short-term peaks. Chief commercial officer Ville Voipio said that the company will now seek to establish a partnership for commercialisation of its new alternative building material.

Betolar produces and markets the Geoprime additive used to produce cement-free concrete from supplementary cementitious materials, including ground granulated blast furnace slag (GGBFS), in regions that include India and the EU.

Europe: 12 decarbonisation-focused companies from across the European cement and concrete sector have launched the Alliance for Low-Carbon Cement & Concrete (ALCCC). The alliance has called on policymakers to change building standards to help low-carbon alternatives to enter the cement and concrete markets. It further said that green procurement and targeted financing instruments would help to reduce sectoral CO₂ emissions. It said that a progressive decline in clinker factor to 60%, 50% or 40% by 2050 will reduce CO₂ emissions by over 50%. The ALCCC says that it is ready to lead the sector towards a swift, low-cost and viable decarbonisation pathway. Participants in the alliance include France-based Hoffmann Green Cement Technologies, Ireland-based Ecocem and US-based Fortera.

Fortera's Europe director Thierry Legrand said "Climate action is a global priority, and collaboration is essential to advancing emissions-reducing technologies and policies. This alliance represents collective action by scientists, engineers, entrepreneurs and environmental advocates to reduce CO₂ emissions from cement production."

Europe: Holcim plans to deploy 1000 new electric trucks in its operations across Europe before 2030. The cement producer ordered the vehicles from Sweden-based Volvo. Both companies are founding members of the First Movers Coalition low-CO₂ technology alliance. Holcim expects the initiative to reduce its annual CO₂ emissions from road transport by 50%. It will take delivery of the first new trucks by the end of 2023.

Chair and CEO Jan Jenisch said “The net zero transition requires deep collaboration across value chains. We are excited to be partnering with Volvo to decarbonise our European operations’ logistics with electric fleets, advancing our goal to reach 30% of zero-emission heavy-duty trucks by 2030.”

Europe: Cemex has launched its latest packaging design for its Vertua reduced-CO₂ product range at the Low Carbon World exhibition in Paris, France. The new design incorporates products' scores across five 'sustainability attributes:' emissions reduction, energy efficiency, conservation of water, recycled content and design optimisation. Cemex will now deploy the design across Europe by June 2023.

Cemex's Europe, Middle East and Africa regional president Sergio Menendez said “Cemex is attuned to the need to focus on all aspects that can make a product more sustainable - not just achieving a lower carbon footprint. With the updated classification system for Vertua, customers can now more easily identify which of our products leverage the cutting-edge technology and innovation that will enable them to overcome the challenges they are currently facing in construction and renovation." Menendez concluded "The enhanced Vertua brand represents a more ambitious and stronger approach: from a group of low carbon products to a family of products and solutions that encompass more sustainable attributes and contribute to our company vision of building a better future.”

Algeria: Groupe des Ciments d'Algéries (GICA) says that it exported 350,000t of clinker produced at its Chlef cement plant over the period between 1 January and 14 March 2023. Local press has reported that the producer aims to export a total of 2Mt of clinker throughout 2023. It is currently on track to reach 1.75Mt, 13% short of its target, but 17% greater than its 1.5Mt exported in 2022. The company despatched the clinker from the ports of Oran and Tenès, to customers in Africa, Europe and South and Central America. It would now like to begin delivering its clinker to Syria and Türkiye in order to help facilitate rebuilding efforts there in the wake of the catastrophic February 2023 earthquake.