Displaying items by tag: Luxembourg

Benelux: Belgium-based building supplies chain EcoBati has signed a distribution agreement with France-based Hoffmann Green Cement Technologies. The producer will supply its H-Iona clinker-free cement for EcoBati to sell online and in its shops in Belgium, Luxembourg and the Netherlands.

Hoffmann Green Cement Technologies owners Julien Blanchard and David Hoffmann said "Signing a distribution agreement with an international specialist in ecological materials shows the competitive edge and relevance of our H-Iona cement within the context of the fight against global warming. We are therefore delighted with the signing of this partnership that allows us to benefit from the EcoBati network’s strategic retail outlets and provide a response to the exponential demand for sustainable cement. We intend to sign more such partnerships in the future in order to spread our responsible vision of the construction sector and contribute to the environmental transition."

Benelux: Ireland-based Ecocem has appointed Paul Roos as Ecocem Benelux Managing Director and Joris Schoon as Technical Developer.

Prior to this appointment, Roos was the Europe, Middle East and Africa (EMEA) Commercial Director at Huntsman Corporation. At Ecocem, he will be responsible for managing Ecocem Benelux.

Schoon holds a PhD in civil engineering, specialising in concrete and environment. He holds over 20 years of industry experience. He will be based in Belgium for this role.

Italy: Buzzi Unicem sales revenue grew by 13.6% year-on-year to Euro1.52bn in the first half of 2019 from Euro$1.34bn in the same period in 2019. Its net profit rose by 27% to Euro135m from Euro123m. Its cement sales volumes increased by 7.1% to 13.9Mt from 12.9Mt but ready-mixed concrete sales fell slightly to 5.8Mm³.

The building materials producer said that ‘lively’ activity levels in the US had driven its sales so far in 2019. This was mainly caused by falling imports in the face of weak domestic demand and ‘considerable production and logistical difficulties’ in June 2019 caused by flooding of the Mississippi river. A slight recovery in Italy was also noted with growing cement sales volumes and strengthening prices. Elsewhere, growth was recorded in most territories apart from Luxembourg, the Czech Republic and Slovakia.

Finland: Metso has signed a distribution agreement for its valve products with Process Control Equipment (PCE) to cover the UK, Benelux and Spain. Under the non-exclusive agreement, PCE will add to its current portfolio of Metso's Neles and Jamesbury product families for all process industries in all countries. PCE has been distributing Metso's Jamesbury valves in the UK since 2012.

"The new agreement brings benefits for Metso's customers in UK, Benelux and Spain to ensure better availability and service support for them. The expansion of distributors in these countries will bring additional value, including more local support, local inventories, and faster deliveries of our products," said Kyle Rayhill, Director of Global Distribution, Flow Control, Metso.

Canada/Luxembourg: Algoma Central Corp has entered into a joint venture agreement with Nova Marine Holding SA of Luxembourg and its subsidiaries to create a global fleet of cement carriers to support infrastructure projects worldwide. Algoma will own 50% of the joint venture, which will be named NovaAlgoma Cement Carriers (NACC).

"We are very excited about the opportunity this investment with Nova presents," said Ken Soerensen, President and Chief Executive Officer of Algoma. "NACC is an excellent example of a global short-sea shipping business that shares many characteristics with our domestic dry-bulk business. In fact, Algoma currently provides technical and operations management services for three cement carrying vessels on the Great Lakes on behalf of major cement producers."

The demand for modern efficient cement carriers continues to increase globally. Growth is fuelled by demand for infrastructure in developing regions, by infrastructure renewal in mature markets, by consolidation among major cement producers and by the need to renew an aging fleet.

"We are very pleased to be able to work with our experienced partner, Nova, in this segment," said Wayne Smith, Senior Vice President, Commercial, of Algoma. "We see opportunities in both existing markets and globally for the renewal of cement carrier vessels."

Under the terms of the agreement, upon the satisfaction of certain conditions precedent, Algoma will acquire a 50% interest in the existing cement carrier fleet owned by Nova, comprising three pneumatic cement carriers now in operation and two additional vessels under construction. These five vessels are and will be deployed in various regional markets in Asia and Europe.

"The cement business is becoming more global and consolidated. We are excited by the prospects of this venture because it aims to create a dedicated group to serve the cement industry in its global logistic needs," said Vincenzo Romeo, Chief Executive Officer of Nova Marine Holding SA.