05 February 2021

Italy: Cementir Holding recorded revenues from sales and services of Euro1.22bn in 2020, up by 1% year-on-year from Euro1.21bn in 2019. Cement and clinker volumes rose by 13% to 10.7Mt from 9.49Mt. Volumes registered the sharpest increase in Turkey, of 39%. Ready-mixed concrete (RMX) volumes grew by 7.8% to 4.4Mm³ from 4.1Mm³. The company maintained its 2019 earnings before interest, taxation, depreciation and amortisation (EBITDA) levels of Euro264m. It said that an improvement in performance in Turkey, Denmark, Egypt, China and Sweden balanced out negative effects on earnings in Belgium, US and Malaysia.

Chair and chief executive officer Francesco Caltagirone said, “In 2020, despite the serious pandemic, the group showed significant resilience with a 13% increase in cement volumes sold and revenue reaching the historical record. On a recurring basis, EBITDA increased by 2%, EBIT was up by 4% and yearly cash generation was Euro119m."

Under Plan 2021 – 2023 Industrial Plan, the company says that it envisages sales growth of 20% to Euro1.47bn and EBITDA growth of 29% to Euro340bn in 2023 compared to 2020 figures. It said that digitalisation investments begun in 2019 will contribute an expected Euro15m to EBITDA in 2023. As part of its sustainability commitments it has set a CO₂ emissions reduction target of around 30% by 2030, with emissions below 500kg/t of grey cement. However, it said that under the future European Taxonomy criteria white cement emissions are not included.

The group is planning to invest around Euro107m from 2021 to 2023 on sustainability and digitalisation. This includes a the construction of a new calcination plant in Denmark for the production of its Futurecem product and, the installation of wind turbines with an installed capacity of 8.4MW. It is also planning to increase the alternative fuels substitution rate at its integrated Gaurain plant in Belgian to 80% from 40% and invest in the use of natural gas and biogas in some of its plants.

Latvia: Schwenk Building Materials Group subsidiary Schwenk Latvija plans to invest Euro34m in installing a new 170t/day grinding mill and 12,500t silo at its Broceni cement plant. The Baltic Business Daily newspaper has reported that the company aims to reduce energy consumption with the new mill.

The group acquired Schwenk Latvija from Cemex in February 2019 as part of a Euro340m expansion into the Baltic and Nordic markets. The company’s 2019 profit was Euro36.4m.

Germany: Mexico-based Cemex has announced its planned participation in Australia-based Calix and others’ LEILAC (Low Emissions Intensity Lime And Cement) 2 carbon capture and storage (CCS) project at HeidelbergCement’s Hanover cement plant in Lower Saxony. Cemex previously assisted the LEILAC partnership at its first installation at HeidelbergCement’s cement plant in Lixhe in Belgium. The company said that it will contribute to the technology's development utilising its gasification process expertise, leveraging its skills in alternative fuel (AF) consumption and computational fluid dynamic simulation design.

Global head of research and development Davide Zampini said, "Our participation in the LEILAC 2 project is another example of our continued efforts to deliver net-zero CO₂ concrete products globally by 2050. We are determined to have a significant direct involvement in research and development efforts pursuing high impact technologies in carbon capture, use, and storage."

UK: HeidelbergCement subsidiary Hanson has announced a planned 80ha expansion of its Ouse Fen nature reserve partnership project with the Royal Society for the Protection of Birds (RSPB) in Cambridgeshire. The company says the additional restored land from its Needingworth quarry will increase the area of the reserve to 298ha.

Unit manager Hilton Law said, “The Ouse Fen reserve is an outstanding example of minerals extraction leading to habitat creation on a landscape scale and highlights the benefits that managing the land left behind from quarrying can make in shaping and improving habitats for wildlife. We are proud to support the RSPB, Cambridgeshire County Council and others involved in the project, which will make an invaluable contribution to achieving UK biodiversity targets and securing the future of important wildlife habitats and species.”

The reserve is a home to marsh harriers, bitterns and bearded tits, in addition to otters and water voles.