Displaying items by tag: Hungary
Holcim to close down cement factory in Hungary
10 October 2012Hungary: Holcim's Hungarian subsidiary Holcim Hungaria Zrt plans to close its cement plant in Labatlan in 2013. 94 employees will be affected by the decision to stop production at the wet kiln plant.
Holcim Hungaria Zrt originally planned to shut the 144 year-old plant by 2010 but its lifetime had previously been extended by environment-friendly investments of almost Euro1.76m to 2016. In a press release the company blamed the downturn of Hungary's construction industry for the closure.
Holcim employed more than 500 people at its cement, concrete and aggregates plants in Hungary in 2010, and 413 at the end of 2011. Its combined revenue in Hungary exceeded Euro84.7m in 2010, but this fell to Euro63.2m in 2011.
At the end of 2011 Holcim Hungaria Zrt indefinitely shelved a plan to build a cement plant in Nyergesujfalu that was designed to replace the plant in Labatlan. It also postponed the construction of a cement distribution base in Dabas, near Budapest.
Smooth test completed at Lafarge/Strabag plant
29 February 2012Hungary: Lafarge and Strabag have successfully finished a test run at a Euro250m cement plant that they have jointly completed near Kiralyegyhaza in south west Hungary, according to Lafarge Cement Magyarorszag managing director Frederic Aubet. Mr Aubet said the test run results show the plant to be one of the most environmentally friendly in Europe.
The plant, which will turn out 0.75Mt/yr of clinker and 1Mt/yr of cement, will be fully commissioned by 2015.
Strabag invests Euro270m in Hungarian cement plant
16 September 2011Hungary: The Austrian construction group Strabag SE has invested some Euro270m in the construction of a new cement plant in southern Hungary, according to Strabag's CEO Hans-Peter Haselsteiner. Strabag will work with its partner Austrian Lafarge Cement CE Holding on the construction of the 1.25Mt/yr facility. The plant will be used exclusively for Strabag's own construction activities, bringing operational savings to the group.
Haselsteiner expects depression in the construction industry over the upcoming years, but remains positive in the long run.