Displaying items by tag: Hungary

Hungary: The government has imposed a 90% tax on the excess profits of some building materials producers to prevent rising prices. It applies to companies that produce cement, lime, gypsum, chalk, gravel, sand and clay that had an annual revenue over Euro8.4m in 2019, according to the MTI news agency. Producers will be liable for a 90% ‘mining allowance’ on the difference between revenue generated using their own prices and threshold prices set in the decree. The threshold price for cement has been set at Euro56/t.

The government has also ordered that companies report the export of ‘strategic’ construction materials including cement, gypsum wallboard, gravel and steel products. The related decree also gives the state pre-emption rights for the materials that have been reported at a price "in line with their current market value." Failure to comply with the reporting obligation may result in seizure of the construction materials and fines up to Euro14,000.

Hungary: Lafarge Hungary, part of LafargeHolcim, has awarded a contract to Germany-based Loesche subsidiary A TEC for the supply of an alternative fuel (AF) flash dryer for the 1.0Mt/yr kiln line at its Királyegyháza cement plant in Baranya county. The supplier says that the dryer will use residual hot gas from the chlorine bypass system in conjunction with a satellite burner for firing the material in the kiln. The project also includes the installation of a new AF receiving, handling, and dosing system for a second AF flow firing directly into the kiln burner. A TEC says that it will commission the project in the second quarter of 2021 after the end of the plant’s 2020/2021 winter shutdown.

Philippines: The Department of Trade and Industry (DTI) has issued an order amending its previous order on cement safeguards. The Manila Bulletin newspaper has reported that the amendment extends safeguard measures to 13 new countries which now exceed the necessary 3% import volume share. These are Chile, the Czech Republic, Estonia, Hungary, Israel, Indonesia, Latvia, Lithuania, Poland, Slovenia, Slovakia and South Korea. Imported cement from these countries will now face a safeguard duty of US$0.2/bag. An official source quoted by the newspaper called the surge in importation from these countries "trade diversion" tactics by importers since these countries were previously exempt from the safeguard duty.

Hungary: Italy-based Entsorga has completed the installation of an automated alternative fuel (AF) line at a Hungarian cement plant.The upgrade consists of an Entsorga Spider crane and Pelican power system which will be able to maintain a continuous feed to the plant’s calcination system 24 hours a day.

Entsorga CEO Francesco Galanzino said, “Bringing a commission to a successful conclusion in the middle of the maximum intensity period of the coronavirus crisis has been a great satisfaction. The cement plant will make significant savings in CO₂ emissions.”

Hungary: Lafarge Cement Hungary has announced plans to upgrade clinker production at its 1.0Mt/yr Kiralyagyháza integrated plant with a Euro1.79m investment in chlorine bypass technology, which uses powdered limestone to remove chlorine and one tenth of the carbon dioxide (CO₂) from gases released in clinker production, which will then be used in clinker cooling. There will be a concomitant increase in the rate of alternative fuel (AF) substitution in the plant’s kilns, with an AF fuel store expansion in early 2020 set to raise AF usage to 80% from 60%.

US/Europe: US refractory manufacturer Plibrico has entered into a distribution partnership with the Pli Group Europe, a refractory distributor contractor based in Vienna, Austria. Under the new alliance, Pli Group Europe will provide full-service distribution of Plibrico’s Plico brand refractories in Austria, France, Germany, Switzerland, Italy, Hungary, Czech Republic, Slovakia, Slovenia, Croatia, Serbia and Bulgaria, with immediate effect.

“Adding Pli Group Europe to our ranks of Pli Partners allows Plibrico to reinforce its expertise, enhance its service offering and strengthen the value chain offered to customers throughout Europe,” said Brad Taylor, president and chief executive officer (CEO) of Plibrico.

Ireland: CRH’s sales rose by 3% year-on-year to Euro19.9bn in the first nine months of 2018. Its earnings before interest, taxation, deprecation and amortisation (EBITDA) increased by 2% on a like-for-like basis to Euro2.5bn. The building materials producer said that its earnings had been supported by growth in the Americas despite poor weather. It added that ‘momentum’ remained positive in Europe and demand had improved in Asia. However, its EBITDA dropped by 44% in Asia.

By region the group reported falling cement sales volumes in the UK and Ukraine. Sales volumes rose in most other European territories, with particular growth in Hungary, Germany, Poland, Serbia and Switzerland. In the US it said that its newly acquired Ash Grove Cement assets and ones in Florida had performed in line with expectations. However, sales in Canada fell due to poor weather. Sales in the Philippines rose by 3% due to rising cement sales volumes and prices following growing demand. However, here earnings were hit by higher fuel and power costs.

Hungary: Germany’s IKN has provided information on its role with an environmental upgrade to Duna-Dráva Cement’s Vác plant. The Euro22m project was commissioned in April 2018. The 2400t/day clinker production line was modified by IKN to handle a refuse-derived fuel (RDF) substitution rate of up to 100% in the calciner. The two lower cyclone stages were replaced, a complete new preheater tower with the inline calciner was erected, a new bypass system and a new static inlet in the clinker cooler were installed. IKN says that it completed the project in just less than two years on an engineering, procurement, and construction (EPC) basis.

Denmark’s FLSmdith also worked on the project replacing the line’s bag filters with an electrostatic precipitator system. This part of the environmental upgrade cost Euro4.7m.

Switzerland: LafargeHolcim and employee representatives in Europe have established a new European Works Council (EWC). The forum for consultation and dialogue at a transnational level will bring together worker representatives from 19 countries with senior leaders from LafargeHolcim.

“People are essential to the success of LafargeHolcim and our commitment to social dialogue through the new European Works Council is testament to this. During a period of transformation, we recognise that ensuring the full commitment, mobilisation, and engagement of our employees is a key building block for success,” said Eric Olsen, chief executive officer of LafargeHolcim.

The EWC was established based on an agreement signed by Olsen and Executive Committee members Caroline Luscombe, responsible for Organisation and Human Resources and Roland Köhler, responsible for Europe, Australia / New Zealand and Trading as well as Sam Hägglund, General Secretary of the European Federation of Building and Woodworkers EFBWW, among other management and employee representatives. Chaired by Köhler, the EWC replaces the previous European Works Councils. Countries represented in the EWC include Austria, Belgium, Bulgaria, Croatia, Czech Republic, France, Germany, Greece, Hungary, Italy, the Netherlands, Norway, Poland, Romania, Slovakia, Slovenia, Spain, Switzerland and the UK.

Croatia: HeidelbergCement has appealed against an investigation by the European Commission into the proposed joint purchase with Germany’s Schwenk Zement of Cemex Croatia. The cement producer asserts that by considering Schwenk and itself rather than Duna-Dráva Cement (DDC), a subsidiary that both companies own equally, the commission has given the transaction a ‘Union dimension,’ according to the Official Journal of the European Union. Although DDC is based in Hungary, within the European Union (EU), it imports cement into Croatia (in the EU) from Bosnia & Herzegovina, a country outside of the union. The appeal was made in late December 2016 but only reported in late February 2017.

The European Commission revealed that it was investigating the proposed acquisition of Cemex Croatia by HeidelbergCement and Schwenk in October 2016. The commission was concerned that the transaction would merge the biggest producer in the area with the biggest importer, potentially reducing local competition.