Cement News tagged under: Holcim Liban
Lebanon: beyond tomorrow02 November 2016, Published under Cement NewsWith falling domestic consumption and foreign direct investment offering limited demand at home and the Syrian war disrupting regional export routes, Lebanon’s cement producers are cutting costs and reducing output. However, the long-term scenario offers improved opportunities both within and beyond the country’s borders. By Riwa Daou, Blominvest Bank, Lebanon. As local demand weakens and foreign direct investment falls, Lebanon's cement producers look to the medium- to long term f... |
Holcim Liban posts steep fall in 1H profit08 September 2015, Published under Cement NewsCement producer Holcim Liban posted an unaudited net profit of US$2m in the first half of 2015, down 78.3 per cent from net earnings of US$9.4m in the same period of 2014. The firm’s sales totaled US$66.7m in the first half, a decline of 28.5 per cent from US$93.2m in the same period of 2014. Gross profit margin reached 28 per cent in the first half of 2015 relative to 30.7 per cent in the same period of 2014. Holcim’s assets totaled US$275.1m at the end of June 2015, representing a decr... |
Holcim Liban’s emission reduction efforts, Lebanon28 November 2012, Published under Cement NewsHolcim Liban has reduced emissions significantly over the past three years, according to company officials. The Daily Star (Lebanon) reports that does emissions from Holcim’s Lebanon division have been cut by 82 per cent, while other dust emissions have been reduced by 22 per cent. Overall CO2 emissions per tonne of cement have been brought down by five per cent, according to the company’s latest environmental report. |
Holcim Liban’s 2011 profits down by 15.9%, Lebanon12 June 2012, Published under Cement NewsHolcim Liban reported net profits of US$28.3m in 2011, down by 15.9 per cent from US$33.7m in 2010, the Daily Star reports. Sales reached US$195.6m last year, representing a 5.7 YoY rise. Gross profits were US$35.6m in 2011, down by 11.6 per cent from US$40.3m in 2010. The company operates a 2.9Mta cement works in Chekka, about 56km north of Beirut with headquarters in Antelias. |
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