Cement News tagged under: LafargeHolcim
LafargeHolcim reports positive 9M19 results25 October 2019, Published under Cement NewsLafargeHolcim has reported net sales of CHF20.2bn (US$20.36bn) in the 9M19, representing a 2.1 per cent fall YoY, or a four per cent increase on a like-for-like (LfL) basis. Recurring EBITDA (pre-IFRS16) rose to CHF4.543bn from CHF4.351bn in the year-ago period. Cement sales reached 156.4Mt in the first nine months of 2019, a modest climb of 0.7 per cent on a LfL basis. Net sales for the segment finished at CHF13.294bn from CHF13.573bn in the 9M18, while recurring EBITDA (pre-IFRS16) advan... |
Bamburi Cement acts to protect market share24 October 2019, Published under Cement NewsKenyan cement production capacity is now estimated at 12Mt, according to industry leaders, while annual demand ranges between 5-6Mta. Cement prices are below levels recorded more than a decade ago, yet power prices have either climbed or remained flat. However, it has not stopped Bamburi Cement from trying to expand. Bamburi Cement (LafargeHolcim group) unveiled a KES3.5bn (US$33.9m) grinding plant at its Athi River facility in 2018 among other capacity enhancements, said managing dir... |
Ambuja Cement sees 1% rise in net sales for 3Q1923 October 2019, Published under Cement NewsIndia’s Ambuja Cement (LafargeHolcim) reported a modest decline in standalone sales volumes to 5.23Mt in the 3Q19, compared with 5.456Mt in the year-ago period. However, net sales climbed 1.3 per cent YoY to INR25.56bn (US$360.48m) and EBITDA advanced 22.9 per cent to INR4.4bn. Profit after tax increased 31.3 per cent to INR2.35bn from INR1.79bn. "In the backdrop of general slowdown in economy and subdued construction activity, Ambuja has delivered yet another quarter of good EBITDA and ... |
Cementarna Trbovlje seeks to resume operations21 October 2019, Published under Cement NewsSlovenia’s Cementarna Trbovlje (LafargeHolcim) has requested an environmental permit from the country’s authorities to resume cement grinding, storage and dispatch, according to Delo. The company lost its environmental permit in 2014 and halted operations in February 2015. As the plant is not expected to produce raw materials, it will buy them alongside cement additives. The producer was once the second-largest on the domestic market with a capacity of 0.52Mta. |
Divestment talk of LafargeHolcim's Australian and New Zealand divisions resurface18 October 2019, Published under Cement NewsLafargeHolcim is reported to be considering exiting Australia and New Zealand, according to The Australian. The AUS$2-3bn (US$1.37-1bn) division has been identified as a means for the group to potentially drive down its debt levels. LafargeHolcim was created through a US$50bn merger of Lafarge and Holcim in 2014 and considered an exit from Australia and New Zealand the following year to cut debt. Lafarge sold its Australian gypsum operations in 2011 for EUR120m to Knauf, but Holcim has rem... |
Jalabiyeh plant in Syria set on fire18 October 2019, Published under Cement NewsThe international coalition has set fire to LafargeHolcim’s Jalabiyeh plant, just north of Aleppo near the Turkish border, Syria, to prevent the Syrian Arab army taking possession of the plant, according to Réseau Voltaire. "On Oct. 16, after all Coalition personnel and essential tactical equipment departed, two Coalition F-15Es successfully conducted a pre-planned precision airstrike at the Lafarge Cement Factory to destroy an ammunition cache, and reduce the facility's military usefulnes... |
Cembureau members look to pilot test new EC building assessment framework17 October 2019, Published under Cement NewsThree member-companies of Cembureau, the European Cement Association, have successfully completed a pilot test of the European Commission's new building assessment framework, Level(s). Level(s) is a voluntary building assessment framework covering six broad areas: greenhouse-gas emissions, resource use, water use, healthy and comfortable spaces, resilience to climate change, and life-cycle cost. The buildings tested by Cembureau's members were a sustainable single-family housing developme... |
LafargeHolcim and ADEME Occitanie inaugurate new waste processing plant15 October 2019, Published under Cement NewsLafargeHolcim and the French environment and energy agency ADEME have inaugurated a new solid waste processing plant at LafargeHolcim’s Port-la-Nouvelle. The facility will process non-hazardous solid waste into to an alternative fuel for the cement plant. The EUR7.5m investment will enable the Port-la-Nouvelle works to target a thermal substitution rate of over 90 per cent by 2022 and as a result, contribute to the cement producer’s plans to reduce its greenhouse gas emissions. The project... |
LafargeHolcim’s Bélier cement now available via Jumia03 October 2019, Published under Cement NewsLafargeHolcim’s Bélier cement is now available in Côte d’Ivoire on Jumia, the Nigeria-based E-commerce company. LafargeHolcim opened its online shop on the platform three months ago in addition to more than 200 points of sale through its Binastore franchises. "Individuals can now proceed with their purchase by mobile money, credit card or cash on delivery," says the cement producer. |
Poland: leading Europe’s growth30 September 2019, Published under Cement NewsPoland was one of the countries that did not experience an economic downturn during the global crisis of 2007 and central Europe’s largest economy has been on the rise ever since, supported by an expanding construction sector. As a result, the output of the Polish cement industry is at an historic high with cement sales of 18.9Mt in 2018. By Wojciech Roszczynialski and Grzegorz Wolski, Eurocement Consulting LLC, and Zbigniew Pilch, Polish Cement Producers’ Association, Poland. Heidelb... |