Cement News tagged under: Switzerland
Holcim US rebrand reaches Atlanta17 November 2023, Published under Cement NewsHolcim US has announced that the expansion of its rebrand has now touched down in Atlanta, Georgia, one of its major cement distribution markets. The transition will see the company refresh its branding and renew its commitment to sustainability as part of the global focus on becoming a net-zero company. With cement terminals in Cartersville, Duluth and Covington, Georgia, the rebranding initiative reinforces Holcim’s dedication to the Metro Atlanta area and Southern region, according ... |
Holcim exits Uganda and Tanzania15 November 2023, Published under Cement NewsHolcim has signed agreements to divest its businesses in Uganda and Tanzania. It has agreed to sell Hima Cement Ltd , its local subsidiary in Uganda, to the Sarrai Group, for an enterprise value of US$120m. Holcim has also agreed to sell its 65 per cent share in Mbeya Cement Co Ltd in Tanzania to Amsons Group for an undisclosed sum. Completion of both transactions is subject to obtaining the respective regulatory clearances. Martin Kriegner, regional head Asia, Middle East and A... |
Lafarge Africa reduces CO2 emissions through AF use10 November 2023, Published under Cement NewsLafarge Africa has reduced is CO 2 emissions from 595kg CO 2 /t in 2021 to 574kg CO 2 /t in 2022 through the use of alternative fuels and energy-efficient technologies. According to the company’s 2022 Sustainability Report, its global thermal substitution rate in 2022 stood at 13.5 per cent, compared to 9.4 per cent in 2021, reports This Day. Prince Adebode Adefioye, chairman, Lafarge Africa, said, “I am delighted to present Lafarge Africa Plc’s latest Sustainability Report, highligh... |
Holcim sets out European ambitions08 November 2023, Published under Cement NewsHolcim intends to drive profitable growth in Europe, reaching CHF10bn (US$11.1bn) in net sales and CHF1.6bn in EBIT by 2026 with increasing margins. According to the company, its ambition is to achieve annual organic growth of above four per cent in net sales and more than eight per cent in recurring EBIT to 2030 in Europe, while reducing CO 2 per net sales by 60 per cent compared to 2020. Miljan Gutovic, region head Europe, said, “Europe offers the most advanced regulatory environmen... |
Holcim US expands Ste Genevieve plant30 October 2023, Published under Cement NewsIn support of its commitment to sustainably supply the nation’s growing construction industry, Holcim US has announced a US$100m investment in its Ste Genevieve cement plant— the largest cement-producing facility in North America and one of the most technologically advanced and environmentally efficient facilities in the world. The expansion will increase the plant's cement production capacity by more than 600,000tpa while reducing net CO 2 emissions, increasing circularity and accele... |
Holcim sees 4% organic growth in 3Q23 sales27 October 2023, Published under Cement NewsHolcim reported net sales of CHF7340m (US$8147m) in the third quarter of 2023, down 8.8 per cent in absolute figures but up 4.3 per cent organically when compared with the 3Q22 when net sales reached CHF8045m. Recurring EBIT increased by 3.1 per cent (14.1 per cent organically) to CHF1600m in the 3Q23 from CHF1551m in the 3Q22. Jan Jenisch, Holcim chairman and CEO, said: “Q3 confirms Holcim’s strong earnings profile, with broad-based growth drivers delivering another increase in profita... |
Holcim España invests in renewable fuels at Carboneras plant25 October 2023, Published under Cement NewsHolcim España has reinforced its commitment to decarbonisation by investing in facilities for the use of renewable fuels at its Carboneras cement plant in Almería, Spain. The EUR4m project ensures that the plant is now capable of sourcing 70 per cent of its thermal energy requirements from renewable fuels, resulting in a reduction of more than 22,000t of CO 2 emissions linked to energy use. Attending the inauguration of the new facilities, Jorge Paradela, minister of industry, energy ... |
Swiss cement deliveries fall 12% in 3Q2317 October 2023, Published under Cement NewsCement deliveries in Switzerland in the third quarter of 2023 fell 12.1 per cent to 950,101t from 1,080,399t in the 3Q22, reports the Swiss cement association, Cemsuisse. In the January-September 2023 period deliveries were down 10 per cent to 2,854,726t from 3,173,108t in the 9M22. Approximately 2.749Mt of bulk cement was sold in addition to 88,494t of bagged cement. Dispatch was mainly by road, which accounted for 61.9 per cent while 38.1 per cent of deliveries was made by rail. Of tot... |
Holcim Romania expands Campulung plant10 October 2023, Published under Cement NewsHolcim (Romania) SA is investing over EUR25m to expand its cement plant in Campulung by 20 per cent. The investment will not only address the need for cement by the Romanian construction market, it will also help improve the plant’s sustainability by streamlining its logistics and reducing CO 2 emissions from the long-distance transportation of cement materials, according to Holcim. Holcim runs three facilities in Romania, located in Campulung, Alesd and Turda . |
SIKA launches new growth strategy03 October 2023, Published under Cement NewsAt today's Capital Markets Day in Zurich, Sika will presents its new Strategy 2028, “Beyond the Expected”, which the company says builds on the company’s successful growth model. “The roadmap leverages on Sika’s strong market position and innovation power and sets the course for an even stronger performance in the years to come,” the company said in a statement. The annual growth target will be lifted to 6-9 per cent in local currencies and profitability target will be increased to an ... |