Displaying items by tag: digitisation
Italy: Cementir Holding recorded revenues from sales and services of Euro1.22bn in 2020, up by 1% year-on-year from Euro1.21bn in 2019. Cement and clinker volumes rose by 13% to 10.7Mt from 9.49Mt. Volumes registered the sharpest increase in Turkey, of 39%. Ready-mixed concrete (RMX) volumes grew by 7.8% to 4.4Mm3 from 4.1Mm3. The company maintained its 2019 earnings before interest, taxation, depreciation and amortisation (EBITDA) levels of Euro264m. It said that an improvement in performance in Turkey, Denmark, Egypt, China and Sweden balanced out negative effects on earnings in Belgium, US and Malaysia.
Chair and chief executive officer Francesco Caltagirone said, “In 2020, despite the serious pandemic, the group showed significant resilience with a 13% increase in cement volumes sold and revenue reaching the historical record. On a recurring basis, EBITDA increased by 2%, EBIT was up by 4% and yearly cash generation was Euro119m."
Under Plan 2021 – 2023 Industrial Plan, the company says that it envisages sales growth of 20% to Euro1.47bn and EBITDA growth of 29% to Euro340bn in 2023 compared to 2020 figures. It said that digitalisation investments begun in 2019 will contribute an expected Euro15m to EBITDA in 2023. As part of its sustainability commitments it has set a CO2 emissions reduction target of around 30% by 2030, with emissions below 500kg/t of grey cement. However, it said that under the future European Taxonomy criteria white cement emissions are not included.
The group is planning to invest around Euro107m from 2021 to 2023 on sustainability and digitalisation. This includes a the construction of a new calcination plant in Denmark for the production of its Futurecem product and, the installation of wind turbines with an installed capacity of 8.4MW. It is also planning to increase the alternative fuels substitution rate at its integrated Gaurain plant in Belgian to 80% from 40% and invest in the use of natural gas and biogas in some of its plants.
Beumer Group technical report updates on Covid-19-led changes
29 January 2021Germany: Beumer Group has published a technical report detailing changes to its operations due to the on-going Covid-19 outbreak. The group says that cement producers in some markets have changed to 50kg to 25kg bags. It also reported an increased rate of digitisation, less personal interaction with customers and an increased reliance on alternative fuels.
Cement head of sales Kay Wieczorek said, "Over past months, Covid-19 has forced us to cope with some changes. This will probably bother us even more in the colder months." He added, "Even if the Covid-19 figures are currently in progress, I am sure that BEUMER Group will come through this crisis pretty well; we just have to be well-prepared for it."
HeidelbergCement presents Beyond 2020 business strategy
18 September 2020Germany: HeidelbergCement has presented a new business strategy, involving an accelerated climate action plan, called Beyond 2020. Under the Strategy, the company will aim to reduce its specific carbon dioxide (CO2) emissions by 10% to 525kg/t of cement by 2025 from 585kg/t in 2019. Its financial targets over the period are “a significant increase in earnings before interest, taxation, depreciation and amortisation (EBITDA) margin by 300 basis points and return on invested capital (ROIC) to clearly above 8%. The group says that it will target a leverage ratio between 1.5 and 2 times its result from current operations in 2020.
Chief executive officer (CEO) Dominik von Achten said, “We see climate change and digitalisation as the two central challenges of the future for society and for our company. As one of the world's leading building materials producers, we have the ambition and the innovative strength to actively shape this change in a pioneering role. At the same time, we see further optimisation potential in our plants and processes. Ecology and economy are not contradictory. Our new medium-term targets for 2025 illustrate this claim.”
ThyssenKrupp launches new HPGR Pro grinding roll
17 August 2020Germany: ThyssenKrupp has announced the launch of the HPGR Pro, a high-pressure grinding roll for raw materials processing that it says “offers up to 20% more throughput, 15% lower energy consumption and 30% longer-lasting rollers” than previous models. HPGR global product manager Frank Schroers said, “We used our experience and what we learned from conversations with customers to introduce improvements that are unique in this market and make grinding much easier.” Laser monitoring keeps users constantly informed about the roller surface and helps predict the best possible time for roller replacement. “Our customers need no longer stop the machine as a precautionary measure, saving them valuable time. What’s more, as our specialists collect and process machine data, our customers can continually improve their HPGR’s operation and optimise throughput, energy consumption or machine availability in line with their specific targets,” added Schroers.
Thailand: Siam Cement Group (SCG) will participate in a pilot run a of prototype payments system developed by Siam Commercial Bank (SCB) that integrates central bank digital currency (CBDC) into the group’s procurement and financial management systems. CoinDesk News has reported that the Bank of Thailand will launch the project in July 2020 and conclude it by January 2021. The bank said, “The project marks an important step in broadening CBDC’s scope and adoption to wider audiences, starting with large corporates.”
Philippines: LafargeHolcim subsidiary Holcim Philippines has said that digital innovations enabled it to continue serving its customer base throughout the coronavirus lockdown. The company said that utilisation of its customer service platform grew to 91% year-on-year in May 2020 from 56% in May 2019.
Through its information sharing platform E-Konekta, the company has hosted 40 events covering fields from Holcim Philippines’ corporate vision and health and safety to business networking. Holcim Philippines sales senior vice president William Sumalinog said, “Particularly in times of crisis, a customer’s interaction with a company can trigger an immediate and lingering effect on his or her sense of trust and loyalty. It is vital for us to keep our warm ties with customers so they continue to feel being part of the Holcim family.”
FLSmidth to accelerate digitisation
05 June 2020Denmark: FLSmidth has said that, following the appointment of Mikko Tepponen as its chief digital officer (CDO), it is embarking on an acceleration of digitisation projects and an expansion to its portfolio based on ‘direct collaboration and co-creation’ with customers. FLSmidth said that this aims at ‘increasing productivity in the cement industry through optimisation and efficiency, including by reduction of fuel and raw material consumption and of process heat, time and emissions, security enhancement and many other areas’ that would benefit from a digitally integrated approach.
Tepponen said, “Digitisation and sustainability go hand in hand. When you succeed in digitising key processes in any large-scale industry, you tend to see clear benefits in areas such as energy consumption, waste reduction and resource use. Without a serious focus on digitisation, it will be impossible for us at FLSmidth to reach our MissionZero sustainability ambitions.”
Germany: Pursuant to a sales agreement dated December 2019, Voith Group acquired a majority share in ELIN Motoren on 30 April 2020. Elin Motoren CEO Wolfgang Landler said, “ The future cooperation between the two companies will allow us to offer significant added value. Together we can develop system solutions and especially technologies in digitalisation. We are looking forward to the cooperation with Voith.”
Huaxin Cement wins award for digital projects
17 April 2020China: The China Building Materials Federation and the China Silicate Society have named Hauxin Cement as the winner of the Science and Technology Award 2019 for its digitisation project. The project, entitled ‘Development and Innovation of a Cement Enterprise Operation Digital System,’ aims to modernise management at a pan-business level by using monitoring and analysis, intelligent logistics and a service centre system across 11 different software platforms. 39 Huaxin-affiliated companies currently use the product.
Simotix Connect 400 forms basis of Currax and Siemens joint Industry 4.0 pilot project
24 March 2020Germany: Currax and Siemens have announced their collaboration on a mill operations digitisation pilot project involving the Simotics Connect 400 motor data collector and transmitter. They hope that analysis of data processed via the Simotics 400 will better enable the remote operating of mills ‘to increase efficiency and component life’ and speeding the shift towards automation and production that is resilient to crises such as the coronavirus outbreak.