Cement News tagged under: Holcim

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Holcim proposes Michael H McGarry as independent Board of Directors member

01 March 2024, Published under Cement News

Holcim proposes Michael H McGarry, formerly chairman and CEO of PPG Industries, a leading global specialty coatings company, for election to its Board of Directors. The election will take place at Holcim’s Annual General Meeting on 8 May 2024. All other members are standing for re-election. Jan Jenisch is proposed for re-election as chairman of the Board.  With the proposed nomination, the Holcim Board will comprise 10 members, nine of whom are independent according to the Swiss Code of...

Holcim posts record results in 2023

28 February 2024, Published under Cement News

Holcim has posted record results in 2023 with full-year net sales of CHF27,009m (US$30,662m), compared to CHF29,189m in the previous year. Recurring EBIT over the same period advanced from CHF4752m to CHF4760m, while operating profit improved from CHF3221m to CHF4577m. Earnings per share declined from CHF5.48 in 2022 to CHF5.37 a year later. According to the company, the record results were driven by positive price over cost in cement, aggregates and ready-mix.  Commenting on the result...

Lafarge Canada accelerates EPD certification

23 February 2024, Published under Cement News

Lafarge Canada  ( Holcim ) has accelerated enhanced Environmental Product Declarations (EPDs) certifying of OneCem ®  GUL Cement and NewCem ® Slag Cement at its western Canada operations. OneCem ® General Use Limestone (GUL, Type IL) Cement is manufactured at the Richmond Cement plant , while NewCem ® Slag Cement is manufactured at the Seattle Cement plant .   Both products offer the same strength, durability, and flexibility as regular cement with significantly reduced carbon emiss...

LafargeHolcim Bangladesh initiates plastic waste facility

20 February 2024, Published under Cement News

LafargeHolcim Bangladesh ( Holcim group ) and Sylhet City Corp (SCC) launched a joint initiative to install a material recovery facility at BDT153m (US$1.39m) to sustain plastic waste in Sylhet, eastern Bangladesh. This is the country’s first municipal solid waste and plastic waste segregation plant, enabling the automatic segregation of non-biodegradable plastic products. MD Tajul Islam, minister for local government, rural development and cooperatives (LGRD), recently inaugurated the fa...

Holcim to invest US$55m in Tabasco mill

15 February 2024, Published under Cement News

Holcim Mexico plans to invest US$55m in the construction of a new grinding mill at its plant in Macuspana , Tabasco, Mexico. The new mill will increase cement capacity at the facility to 1.5Mta. This investment in Tabasco reflects our firm belief in the potential of southeastern Mexico and our commitment to the sustainable development of the region," said Jaime Hill, Holcim Mexico's CEO, in a statement. "Through this expansion, we will not only increase our capacity to supply the state...

PSCL wins Lafarge Canada Order

09 February 2024, Published under Cement News

PSCL has equipped Lafarge Canada ’s Exshaw cement plant with a load-out powered by CDM. The Attended Plant Portal solution utilises loading management combined with check-in/out terminals to manage site traffic and streamline loading while increasing throughput. This is part of PSCL’s ongoing relationship of almost 20 years with Lafarge Canada ( Holcim group ).

Holcim expands Solutions & Products business

08 February 2024, Published under Cement News

Holcim has acquired ZinCo, a leader in advanced green roofing systems based in Germany with global operations across Europe, Asia and the Americas. The deal forms part of Holcim's efforts to advance its Solutions & Products business to 30 per cent of group net sales by 2025, entering the most attractive segments of construction, from roofing systems to insulation and renovation. According to Holcim, with its integrated green and solar roofing systems, ZinCo is expanding Holcim’s specifi...

Holcim names Miljan Gutovic as new CEO

29 January 2024, Published under Cement News

Holcim ’s has appointed Miljan Gutovic as chief executive officer (CEO), effective from 1 May 2024. He will succeed the current CEO Jan Jenisch, who will focus on his role as chairman and will stand for re-election at the AGM in May. Mr Gutovic, an Australian national, has been a member of the group executive committee since 2018. He served as head of the region Middle East and Africa, followed by the region Europe and operational excellence. Under his leadership, Holcim strengthened it...

Holcim to list North America business in the US

29 January 2024, Published under Cement News

Holcim has announced its intention to list its North American business in the US with a full capital market separation. According to the company, this process will create the leading pure-play building solutions company in the region. The newly-listed business will be committed to driving long-term growth in the rapidly expanding North American market and unlocking value for all its stakeholders.  Following the US listing of North America, Holcim is expected to remain included in the Sw...

Holcim US collaborates on membrane CC technology

26 January 2024, Published under Cement News

Holcim US, Ohio State University and GTI Energy are joining forces to design, build and test a cost-effective membrane carbon capture technology, funded in part by the US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) with cost share contributions from Holcim. Groundbreaking membrane technology from Ohio State will be employed in the project, targeting the capture of 95-99 per cent of CO 2 from cement kiln gas with a purity exceeding 95 per cent and lower ener...