Displaying items by tag: Italy

Italy: Buzzi Unicem has signed an agreement with Italgas to collaborate on the development of power to gas plants for implementation in combination with carbon capture systems. Their research will assess the possibility of producing and using synthetic methane obtained from the combination of green hydrogen from power to gas plants with captured CO₂.

Buzzi Unicem’s group technical director at Luigi Buzzi said "We are very interested in the opportunity to collaborate with Italgas as an experienced partner to develop a project that is fully integrated into our industrial investment plan aimed at identifying technologies for capturing and reusing the CO₂ released by our plants, in line with the roadmaps defined by industry associations.” He added “Our aim is to responsibly contribute to containing climate change by developing CO₂ capture technologies and identifying the best solutions for its reuse. We are currently experimenting with calcium looping technology for capturing the carbon dioxide released by the production process at our plant in Vernasca, Piacenza. Thanks to the EU Horizon 2020 Cleanker project, it will be possible to assess the technical and economic sustainability of this technology and estimate the changes to the plant and the investments required to adopt this process in existing cement plants.”

Italy: Cementir Holding has been achieved its first CDP A- rating for climate change mitigation in its operations. The producer said that the global average rating is B-, compared to B in Europe and in the cement and concrete industry globally. CDP awarded Cementir a B for water security, its first such rating in the category.

Chair and chief executive officer Francesco Caltagirone said “This achievement is a further recognition of our efforts to make our carbon footprint more sustainable. We are committed to tackling climate change and minimising our environmental impact.”

Italy: During the first nine months of 2021, Cementir Holding recorded consolidated sales of Euro1.01bn, up by 12% year-on-year from Euro897m in the corresponding period of 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 21% to Euro215m from Euro178m. Its net debt on 30 September 2021 was Euro100m, less than half that on 30 September 2020. Its third-quarter cement and clinker sales were 2.9Mt, down by 7.5% year-on-year. This was due to the impacts of pent-up demand post-Covid-19 lockdown, especially in Belgium and Turkey, in the third quarter of 2020.

Dow Jones Global News has reported that chair and CEO Francesco Caltagirone said "In the first nine months of 2021, the group reported results in line with our expectations.”

Italy: Buzzi Unicem’s consolidated sales rose by 5.6% year-on-year to US$2.54bn in the first nine months of 2021 from US$2.41bn in the first nine months of 2020. It recorded consolidated cement sales of 23.4Mt, up by 7.5% from 21.7Mt in the corresponding period of 2020. Sales growth in Eastern Europe - especially the Czech Republic and Poland - and the US offset a partial slowdown in Italy, particularly in the third quarter of the year.

The group expects global construction activity to generally remain level into the fourth quarter of 2021. It forecast “favourable” volume and price effects in its full-year results for 2021. It nonetheless noted “growing concern” at rising energy, fuels, logistics, raw materials and services costs in various regions. It forecast group recurring earnings before interest, taxation, depreciation and amortisation (EBITDA) not in excess of 2020 levels.

Dominican Republic: Domicem has signed an engineering, procurement and construction contract with China-based Sinoma Construction for a 3500t/day clinker production line at its Palenque plant. The scope of the project includes a production line, from raw material feeding to the clinker warehouse and the transformation of the cement mill workshop, according to Digital Cement. The Chinese engineering company previously built the first production line at the site. Domicem’s parent company Colacem said in March 2021 that it was preparing to invest US120m towards doubling the production capacity of the Palenque plant.

Italy: The Italian cement association Federbeton has launched its comprehensive plan for cement industry decarbonisation in line with the EU’s European Green Deal target of a 55% reduction in CO₂ emissions between 1990 and 2030 and carbon neutrality by 2050. The strategy entails Euro4.2bn of total new investments andEuro1.4m/yr of extra operating costs across the industry. This will cover the adoption of transition technologies and the large-scale application of carbon capture and storage (CCS). The association says that while some such actions, such as alternative fuel (AF) substitution,are immediately available, others require further development. The sector’s primary fuel is petcoke, mainly imported from the Gulf of Mexico. As such, Federbeton has identified the 100% replacement of all fossil fuels with ‘low-carbon impact’ alternatives as a means of reducing the industry’s carbon footprint by 12% achievable in the short term. Renewable green hydrogen use can cut a further 3% of CO₂ emissions, an energy transition to renewable sources can cut 5%, clinker factor reduction can cut 10%, alternative raw materials in clinker can cut 6%, CCS can cut 43%, supply chain and logistics changes can cut 16% and the optimisation of construction can cut the remaining 5%.

President Roberto Callieri said “The cement and concrete supply chain wants to be one of the protagonists of the ecological transition.” He added “Only with adequate and immediate support tools will it be possible to prevent the impoverishment of the industrial fabric, preserve the competitiveness of the supply chain and prevent relocation. Last but not least, a new environmental culture must be shared, based on dialogue and no longer on the preconceived opposition to any choice of industry.”

Italy: Colacem plans to stop grinding cement at its Maddaloni Plant in Campania from the start of October 2021. The unit will be converted into a sales and logistics site, according to the Il Mattino newspaper. The cement producer purchased the Maddaloni plant from Italcementi in mid-2018 as part of the measures required by the Italian Competition Authority when Italcementi acquired Cementir. The kiln at the plant was later shut down in early 2019.

US: Italy-based Bedeschi has been awarded a new order for the supply of two BED RNSH 1800/6 type apron feeders for Lehigh Cement’s integrated Mitchell plant in Indiana. The new feeders will be able to process up to 1300t/hr of crushed limestone and they will be placed in the primary and secondary crushing area to replace the old existing machines. They feature super duty design with CAT type chains and a Bedeschi super duty belt. As part of the installation Bedeschi has used a three dimensional survey to define the exact room availability in the existing plant. The new feeders will join three others at the plant that were already ordered as part of an upgrade programme for clay crushing and additive dosing. No value for the order has been disclosed.

Lehigh Cement, a subsidiary of Germany-based HeidelbergCement, resumed work on its US$600m upgrade project at the Mitchell plant in February 2021. Work on the upgrade was suspended in early 2020.

Italy: Buzzi Unicem’s net sales grew by 5.8% year-on-year to Euro1.61bn in the first half of 2021 from Euro1.52bn in the same period of 2020. Its sales volumes of cement and clinker rose by 10.9% to 14.8Mt from 13.4Mt. Earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 12.3% to Euro352m from Euro314m. The group reported cement sales volumes growth in all territories with the exception of Poland, and Germany to a lesser extent. It also noted growth in ready-mixed concrete sales volumes of 7% to 5.8Mm3 with development in Italy, Poland and Ukraine more than compensating for ‘unfavourable’ changes in the US, Germany and the Czech Republic.

Italy: Cementir’s revenue rose by 16.5% year-on-year to Euro665m in the first half of 2021 from Euro570m in the same period in 2020. Its cement and ready-mixed concrete sales volumes grew by 18.7% to 5.46Mt and 31.4% to 2.52Mm³ respectively. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 36.6% to Euro134m from Euro 97.8m. The cement producer noted strong cement sales volumes performance in Turkey, Belgium and Denmark and good concrete sales volumes also in Turkey.

“Despite the first half 2020 [when] results were affected by the lockdown due to Covid-19, during 2021 all the markets in which we operate are showing signs of vivacity and in particular Turkey is recovering significantly," said chairman and chief executive officer Francesco Caltagirone Jr.