15 September 2017
Cimpor grows sales in first half of 2017 on back of Portuguese recovery 15 September 2017
Portugal: Cimpor’s sales rose by 2.6% to Euro921m in the first half of 2017 from Euro897m in the same period in 2016. Recovery in the Portuguese market buoyed its sales despite continued issues in Brazil, Egypt and Mozambique. Its earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 2.6% to Euro166m from Euro170m due to non-recurring costs. However, the cement producer said that, excluding these its earnings would have remained stable and would have even risen by 4% if CO2 permits management had been disregarded. Its cement sales volumes fell by 2.7% to 11.5Mt from 11.8Mt.
Dangote Cement confirms talks with PPC 15 September 2017
South Africa: Nigeria’s Dangote Cement has confirmed its interest in bidding for PPC. The company said that its board of directors had communicated to the board of PPC but that the dialogue was at a preliminary stage. The offer follows offers by Canada’s Fairfax Financial Holdings with AfriSam and other unnamed bids.
Cemex participates in European Union industrial efficiency research 15 September 2017
UK/Europe: Cemex’s South Ferriby cement plant is participating in the European Union (EU) supported enhanced energy and resource efficiency and performance in process industry operations via onsite and cross-sectorial symbiosis (EPOS) project. Designed to enable cross-sector industrial working, the project highlights case studies exemplifying ways for companies to use wastes from other industries to deliver greater efficiency, save raw materials, and contribute to more sustainable processes.
The South Ferriby plant has worked with other companies, including the INEOS chemical company, to determine how waste from INEOS’s production could be used as part of the cement manufacturing process. In addition Cemex Poland and Cemex Research Group in Switzerland will also represent Cemex in the project.
“It is a privilege for Cemex’s cement plant in South Ferriby to participate in this project, collaborating with other companies and partners across Europe. This helps to ensure that we operate our cement plant as efficiently as possible, while learning lessons that we can apply to our other facilities,” said Kevin Groombridge, South Ferriby Cement Plant Environment Manager.