Displaying items by tag: Hungary
Lafarge Cement Hungary plans Euro1.79m chlorine capture investment
16 December 2019Hungary: 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.
CRH earnings driven by American markets so far in 2018
20 November 2018Ireland: 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.
LafargeHolcim establishes new European Works Council
28 March 2017Switzerland: 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.
HeidelbergCement appeals against investigation by European Commission into purchase of Cemex Croatia
28 February 2017Croatia: 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.
Production to restart at Miskolc cement plant
14 June 2016Hungary: Hejocsabai Cement es Meszmu (HCM) has released plans to restart production at its Miskolc plant. Production is expected to start between the end of 2016 and the first quarter of 2017. Up to 340 jobs are expected to be created as a result. The company has already received a government permit to resume its activities.
Mexico’s Cemex closes Euro160m sale of Austrian and Hungarian units
03 November 2015Europe: Cemex has completed the sale of its business operations in Austria and Hungary to Germany's Rohrdorfer Group for about Euro160m.
Cemex's Austrian operations, which comprise 24 aggregate quarries and 34 ready-mix plants, reported Euro219m in net sales in 2014. The operations in Hungary include five aggregate quarries and 34 ready-mix facilities and had net sales of some Euro42.7m in 2014.
Cemex hired Bank of America Merrill Lynch, Citigroup, BNP Paribas and Morgan Stanley & Co International plc to act as financial advisors in this transaction. The proceeds from the sale will be used mainly to finance general corporate purposes and to pay off debt.
Hungary: Lafarge Cement Magyarország has opened a storage facility for waste that will be used to help fuel its plant in Királyegyháza, southwestern Hungary. The project, involving an investment of EUro2.2m, will be used to store plastic, rubber and industrial and farm by-products.
Hungary: Lafarge Cement Magyarorszag has inaugurated a Euro2.28m alternative fuel warehouse at its cement plant in Kiralyegyhaza in the south-west of Hungary. The warehouse will store waste rubber and plastic, as well as industrial and farm waste.