Displaying items by tag: Europe

Italy: Buzzi recorded sales of €972m in the first quarter of 2025, up by 9% year-on-year, driven by acquisitions and ‘favourable’ exchange rates. Sales remained level year-on-year in Italy, but dipped by 3.3% in the US. During the quarter, Buzzi sold 6.38Mt of cement and 2.18Mm³ of ready-mix concrete, up by 23% and 4% respectively. The producer noted ‘solid’ shipments in Eastern Europe and signs of recovery in Central Europe.

Buzzi confirmed its 2025 guidance for operating results in line with 2024.

Denmark: Cementir Holding subsidiary Aalborg Portland Cement has awarded Christian Pfeiffer an engineering, procurement and construction (EPC) contract for the installation of a QDK-T 250-Z high-efficiency separator for Cement Mills 8 and 9 at its Rørdal plant. The equipment will integrate both mills into a shared separator system, in order to increase their total capacity and facilitate the production of new cements. The upgrade also includes the installation of a single replacement bucket elevator, two air slides with integrated flow impact meters and a bag filter system. Commissioning is scheduled for 2026.

Christian Pfeiffer’s Product Line Manager Cement, Juan Camilo Vanegas Aguirre, said “This was the first EPC offer jointly prepared by our team in Chennai, and reaching this agreement after two years of collaboration is a real achievement.”

Switzerland/US: Holcim’s shareholders have approved all proposals at the group’s annual general meeting in Zug, Switzerland. A key proposal was the planned spin-off of the producer’s North American business as US-based Amrize. Holcim will now make a special distribution of one Amrize share for every Holcim share. Amrize shares are due to list on the SIX Swiss Exchange the New York Stock Exchange as AMRZ from June 2025.

Holcim says that over 99% of voters favoured the spin-off proposal.

UK: John King Chains has been honoured with a prestigious King’s Award for Enterprise in International Trade - its first King’s Award, following a Queen’s Award in 2020.

The award was officially announced on Tuesday 6 May 2025, and John King Chains is delighted to be one of just 197 organisations nationally recognised this year for outstanding achievement.

Founded in 1926 and headquartered in Sherburn-in-Elmet, North Yorkshire, John King Chains has built a proud legacy of engineering excellence. Now a fifth-generation family-owned manufacturer, the company continues to experience strong international growth, supported by ongoing investment in its people and British manufacturing facilities.

Managing Director William Wadsworth commented:

"Receiving the King’s Award is a truly proud moment for everyone at John King Chains, and we are honoured to receive this prestigious accolade, particularly as the company approaches its 100-year anniversary next year of British manufacturing. It reflects the incredible effort our team puts in every day to deliver world-class products and services to our international customer base."

International markets have been a key driver of growth for John King Chains group, with the company continuing to achieve year-on-year expansion. Today, operations span four continents, enabling the business to better serve customers worldwide.

Continued investment in people, technology and UK manufacturing facilities has been fundamental to John King Chains' international success. As the company prepares to celebrate its centenary, winning the King’s Award marks a powerful milestone that highlights what can be achieved through hard work, innovation and dedication.

Now in its 59th year, the King’s Awards for Enterprise are the United Kingdom’s most prestigious business accolades and a globally recognised mark of excellence, making this achievement a proud moment in John King Chains' history and a testament to the commitment and passion of its entire team.

Italy: Cementir reported revenues of €368m in the first quarter of 2025, down slightly from 2024. The company said this was despite the reduction in sales volumes in many regions and negative currency exchange effects in Egypt and Türkiye. Earnings before interest, taxation, depreciation and amortisation (EBITDA) also fell slightly to €66.4m from €66.5m. Profit before tax dropped by 48% year-on-year to €30.3m from €56.7m previously.

Cement and clinker sales declined by 6% to 2.24Mt, due to the Turkish government’s ban on exports to Israel active from the second quarter of 2024, as well as the general decline in the ‘main geographical areas’, with the exception of Malaysia, Egypt and China. Ready-mixed concrete volumes rose by 2%, while aggregates remained stable.

Chair and CEO Francesco Caltagirone said “Notwithstanding a modest reduction in cement sales volumes, group revenues for the first quarter of 2025 are in line with the same period of last year, as is EBITDA, which at constant exchange rates would instead have grown by 7.5% over 2024. Despite the current phase of significant geopolitical and trade uncertainty, we are keeping our industrial targets unchanged and continue on our decarbonisation path.”

France: Hoffmann Green Cement Technologies has formed a strategic partnership with paper mill Norske Skog Golbey to integrate ash from paper residue incineration into its clinker-free cement. The partners have been collaborating since January 2024 and the first shipment of paper ash for large-scale use was sent in May 2025, after successful testing.

Hungary: ID Energy Group inaugurated a 28.5MW solar park at Holcim Magyarorszag's cement plant in Kiralyegyhaza on 12 May 2025. The new facility will supply around 30% of the plant’s electricity needs and was built under a power purchase agreement, according to MTI news.

Greece: Titan Cement reported a ‘positive start to the year’, having recorded sales of €638m in the first quarter of 2025, up by 2% year-on-year. Aggregates sales rose by 18% and ready-mix concrete saw an increase of 6%, while cement volumes remained flat year-on-year. The company said that the impact of severe weather conditions in both the US and Southeast Europe weighed on sales volumes in these regions, however, the strong performance in Greece, as well as the significant rise in cement exports from Egypt, mitigated those effects.

It reported an earnings before interest, taxation, depreciation and amortisation (EBITDA) of €123m, an increase of 12% year-on-year. Profit before tax increased by 3% to €66.6m. Titan is ‘cautiously optimistic’ for the remainder of the year, despite global uncertainties.

Spain: A local cement manufacturer will integrate ‘green’ hydrogen into its production process using a 2MW Neptune II electrolyser from Uk-based supplier ITM Power, according to H2 View news. The electrolyser will supply hydrogen to be co-fired with natural gas in the cement kiln, expected to reduce CO₂ emissions. The method was previously demonstrated in 2021, when Hanson UK (now Heidelberg Materials) and MPA trialled hydrogen co-firing in cement production. It will be the first time that ITM has deployed the system in the cement industry.

Germany: Heidelberg Materials increased its revenue by 5% year-on-year to €4.71bn in the first quarter of 2025. Operating earnings from current operations rose slightly to €235m from €232m in the previous year.

“Despite the political and economic uncertainties as well as difficult weather conditions in some regions, we got off to a very good start to the 2025 financial year,” chair Dominik von Achten said. “In particular, we benefitted from significant growth in the Africa-Mediterranean-Western Asia group area.”

He added “In the first three months of 2025, we continued to set the course for our sustainable transformation. Final preparations for our CCS lighthouse project in Brevik, Norway, are currently well underway. We started capturing, liquefying and temporarily storing CO₂ a few days ago as part of the plant's ramp-up. We look forward to the grand opening of the world's first large-scale industrial carbon capture facility at a cement plant in June.”

The company confirmed its outlook for the 2025 financial year. It expects full-year earnings of €3.25bn – €3.55bn.