1. Recovery
of cement demand in Germany in 2017 Figure 1 shows cement shipments in Germany since 1996, with a significant decline in cement shipments in the early 21st century. In the past 18 years, domestic cement shipments in Germany have dropped from 35.8 million tons in 2000 to 26.6 million tons in 2017. Total decreased by 25.
Figure 1: 1996-2017 German VDZ member cement shipments (million tons) Figure 2 compares the monthly cement production of the members of the German Cement Engineering Association in 2016 and 2017, which shows a high degree of seasonality. After a slow start in January-February, cement shipments by German cement producers in March 2017 increased by 1/4 year-on-year. Except for significant anomalies in April and December 2017, shipments in all other months exceeded the same period last year.
Figure 2 and 3: Monthly cement shipments (million tons), 2016-2017 year-on-year and cumulative (%) 
Source: German Cement Engineering Association (Verein Deutscher Zementwerke, VDZ)
According to the data provided by the German Cement Engineering Association, The fuel substitution rate of German cement industry increased from 64.6% in 2015 to 64% in 2016.
II. Introduction
of major cement enterprises 1. HeidelbergCement
HeidelbergCement was founded in Heidelberg in 1912 as a large multinational cement producer. Capacity (1)
In Germany, Heidelberg Cement operates eight integrated cement plants with an annual capacity of 7.6 million tons, accounting for 24% of the total cement capacity in Germany. The company has recently completed the main body of the Burglengenfeld plant in Bavaria.
In addition to organic growth, Heidelberg Cement added approximately 95 million tonnes of cement production capacity to its acquisition of Italcementi in 2016. In January 2018, Heidelberg Cement completed the acquisition of Cementir Italia through Italian Cement, acquiring five integrated plants and two grinding stations with a total cement capacity of 5.5 million tons.
In its 2017 annual report, Heidelberg Cement said that it continued to benefit from the acquisition of Italian Cement in 2017, with its global sales revenue reaching 17.3 billion euros, an increase of 2.1% over the previous year, and its cement sales increased to 1. In the first quarter of 2018, cement sales increased by 2% year-on-year, which was the same as last year's growth rate. Volume declines in Europe and North America were offset by growth in Asia Pacific and Africa. In Asia, Indonesia and India contributed significantly to its growth, while in Africa, Egypt, Ghana and Tanzania saw sales growth.
Heidelberg Cement also highlighted occupational safety and CO2 reduction research as priorities in its 2017 Sustainability Report. The company reduced its employee accident rate from 2.2 in 2016 to 1 in 2017. In particular, the company noted its commitment to reduce carbon dioxide emissions by 30% by 2030 compared to 1990. It plans to do this by constantly improving raw materials and fuel substitution, while maximizing production efficiency. In addition, HeidelbergCement has invested in research projects on carbon capture and its utilization as a raw material. In 2017, it spent 1 on research and development technology.
Its CO2 emissions increased following Heidelberg Cement's acquisition of Italcementi. Its net carbon dioxide emissions/ton of raw materials increased from 598 kg in 2016 to 609 kg in 2017, an increase of 1. Its overall fuel substitution rate also decreased slightly. From 21.4% to 20. But in 2017, cement and 2." Dycker
Hoff Dyckerhoff, part of Italian cement producer Buzzi Unicem, is the second largest cement producer in Germany, with 5 integrated plants and three grinding plants, with a capacity of 4.5 million tons per year, accounting for 14% of the total cement capacity in Germany.
Overall, Buzzi Unicem's sales volume in 2017 increased by 4. In Germany, Dyckerhoff sales increased by 2.7% to 5. In 2017, the company produced 6.6 million tons of cement in Germany, Luxembourg and the Netherlands, an increase of 6% over the same period last year. In March
2018, Dyckerhoff signed an acquisition agreement with Portlandzementwerke Seibel & Sohne, an independent cement manufacturer. The company operates a cement plant in Erwitte and the value of the deal was not disclosed. Once the deal is completed, the Erwitte plant will reportedly be revamped during the 2018-2019 winter shutdown.
3. LafargeHolcim LafargeHolcim
is the third largest cement producer in Germany, with four integrated plants with a total capacity of 4.3 million tons per year and a grinding plant in Bremen, accounting for 13% of Germany's total capacity. Globally
, LafargeHolcim achieved sales of 23.4 billion yuan in 2017, an increase of 4.7% over the same period last year, and cement sales of 233 million tons, an increase of 3.3% over the same period last year, with a net loss of 14. In response, the company launched a new five-year "2022 Strategic Growth Plan" in early 2018. Results continued to deteriorate in the first quarter of 2018, with net sales up 3.1% to 4.89 billion euros in the first quarter, cement sales up 3.2% year-on-year, but earnings before interest, tax, depreciation and amortization (EBITDA) down 7. The company blamed the decline in earnings on bad weather in North America and Europe.
4. Schwenk Cement (Schwenk Zement)
Schwenk Cement has four cement plants with an annual production capacity of 4.1 million tons, accounting for 13% of Germany's total production capacity. The company originally planned to acquire a 1.4 million ton/year integrated cement plant in Karlsdorf from CRH in September 2017. However, after the decision made by the relevant departments, the company finally abandoned the acquisition plan.
5. Old Castle of Ireland (CRH)
CRH operates in Germany under the local brand Opterra, with two integrated cement plants with an annual production capacity of 3.1 million tons, accounting for 10% of Germany's total production capacity. In addition, it operates S?
6 in North Rhine-Westphalia, and the remaining 20% of the cement production capacity of independent cement producers
(about 6.3 million tons in total) consists of German independent cement producers (only a single cement plant). Such a high proportion of independent and family-owned cement producers is highly unusual in a cement market as large and as developed as Germany's, and one of the most diverse in Europe.
However, Germany has lost two independent cement manufacturers since the release of a report by the Global Cement Network last year.Thomas Grupe, who originally operated a cement grinding plant in Dornburg, took over the former Portland-Zementwerke Gebr plant in Seibel, Erwitte on January 1, 2018. Dyckerhoff's acquisition of Portlandzementwerke Seibel & Sohne was agreed in March 2018 and is subject to approval.
7. Other updates
Two cement plants are installing SCR units in response to new environmental emission limits starting in 2019. The Karsdorf plant in CRH Opterra Zement has embarked on a €23 million upgrade project to its emissions system, which will install SCR equipment on every production line and is scheduled to be completed in early 2019. Holcim WestZement has also installed SCR equipment at its Beckum cement plant, a 14.2 million euro project that will begin commissioning at the end of 2018. In April
2018, the International Monetary Fund lowered Germany's GDP growth forecast from 2.5% to 2. This reduction is based on the rising level of global trade protectionism. Including the "tit-for-tat" tariffs between the EU and the US and the threat of a "hard Brexit" if Britain leaves the EU without a further trade agreement.
But on the positive side, the German government plans to spend 264 billion euros on infrastructure projects between 2016 and 2030, most of which will be spent on road improvements. Although most of the construction work has not yet started, cement companies are ready to expect a steady increase in demand for cement in Germany in the future.
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