Skip to main content

Buzzi Unicem enters strategic agreement with Austrian cement producer

Published by
World Cement,


Buzzi Unicem has entered into a strategic agreement with Austrian building materials group, Wietersdorfer, for the transfer of one – and potentially two – cement plants in exchange for share capital amounting to a 25% interest of both w&p Cementi SpA and Salonit Anhovo Gradbeni Materiali d.d. (Slovenia).

Buzzi Unicem’s 0.3 million tpa Cadola (Belluno) cement plant will be transferred to w&p Cementi SpA, a subsidiary of Wietersdorfer. The Austrian company will also have the right, to be exercised within five years, to acquire the 0.4 million tpa Travesio (Pordenone) cement plant without additional payment. The shares are worth about €22 million.

Currently, w&p Cementi SpA owns a 0.3 million tpa grinding facility in San Vito al Tagliamento (Pordenone), while Salonit Anhovo Gradbeni Materiali d.d operates a recently refurbished 1.3 million t cement plant in Slovenia.

Buzzi Unicem has stated that the arrangement, which is due to come into force in June 2014, should offer important benefits, such as:

  • Improved procurement logistics thanks to a larger presence in the area.
  • Technological integration between the two groups aimed at the improvement and development of new products intended for a market in constant evolution.
  • Strengthened and more widespread assistance and services.

Adapted from press release by

Read the article online at: https://www.worldcement.com/europe-cis/19022014/buzzi_unicem_enters_strategic_agreement_with_austrian_cement_producer_767/

You might also like

 

 WCT2021

WCT2021

At WCT2021 you will hear from a range of industry leaders and technical experts as they discuss the key challenges facing the cement industry and the latest solutions on offer. Register for free today »

 

Thinking about filtration

Graziano Bertulessi and Martin Schroeter, Tri-Mer Corporation, explain why the cement industry should embrace ceramic filtration technology as a valuable tool to achieve the next level of emissions control.

 
 

Embed article link: (copy the HTML code below):