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European bourses flatline Milan in the red

Indiana cement plant faces $730K in fines for air pollution

Indiana cement plant faces $730K in fines for air pollution June 5, 2021 FacebookTwitterEmail GREENCASTLE, Ind. (AP) A central Indiana cement plant is facing more than $700,000 in fines under a settlement stemming from alleged Clean Air Act violations for air pollution releases dating back nearly a decade. The settlement filed Thursday in federal court calls for Lone Star Industries, Inc. to pay $729,000 in civil penalties and undertake additional measures not required by law to mitigate past violations of Clean Air Act limits, the U.S. Department of Justice said. A complaint filed with the settlement alleges numerous and longstanding violations at the company s plant in Greencastle, about 45 miles southwest of Indianapolis.

EPA: Indiana cement facility allegedly violated the Clean Air Act

Indiana cement plant to pay millions in fines, upgrades over alleged Clean Air Act violations

Buzzi Unicem reports consolidated net sales of EUR3 22bn for FY21

Buzzi Unicem reports consolidated net sales of EUR3.22bn for FY21 10 May 2021 Buzzi Unicem’s financial statements for the year ended 31 December 2020 reported consolidated net sales came in at EUR3222.4m, virtually unchanged compared to EUR3221.4m in 2019. EBITDA stood at EUR780.8m (EUR728.1m in 2019). The income statement reported a consolidated net profit of EUR560.2m versus a profit of EUR385.7m in 2019.  As at 31 December 2020, net debt amounted to EUR241.6m, down EUR326.2m from EUR567.8m at 2019 year-end. Total equity, inclusive of non-controlling interests, stood at EUR3603.0m versus EUR3690.8m at 2019 year-end. Consequently, debt/equity ratio decreased to 0.07 from 0.15 in the previous year. 

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