Cement News tagged under: Holcim
Holcim extends sales channels in Mexico13 March 2023, Published under Cement NewsHolcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of US$71m. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing needs to tools and adhesives all the way to electrical and plumbing supplies. The acquisition includes INDAR’s nine distribution centres around the country, as well as its fulfilment centre ... |
Modifying Germany's carbon capture plans10 March 2023, Published under Cement NewsAs a leading industrial nation in the EU, Germany's carbon capture utilisation and storage (CCUS) strategy is key for the succesful reduction of European CO2 emissions. The German government has targeted net zero to be reached in 2045 and the cement sector is expected to play an important part in this drive. Progress is underway with cement industry CCUS projects at Mergelstetten and Rohrdorf featuring in the news. However, there is a concern about adequate underground storage of captured CO... |
Holcim Switzerland start deliveries with Hugelshofer Logistik electric truck09 March 2023, Published under Cement NewsA fully-electric truck from Hugelshofer Logistik AG is supplementing Holcim Switzerland’s fleet of electric vehicles and delivering cement quietly and without CO 2 emissions to concrete plants in Thurgau. Electric mobility is an important step for Holcim Switzerland in the development of its sustainable transport solutions. “Two years ago, Holcim was one of the first building materials manufacturers in Switzerland to put electric mixer trucks on Swiss roads in the regions of Basel, ... |
Heracles Group set to acquire Larsinos SA07 March 2023, Published under Cement NewsHeracles Group ( Holcim group ), announces the agreement to acquire 100 per cent of Larsinos SA. This acquisition is part of Heracles Group’s growth strategy. The agreement is subject to the approval by the Greek Competition Commission. Larsinos SA is a fast-growing ready-mix concrete company with assets that include commercial plants, on-site/jobsite ready-mix concrete, aggregates and quarrying. With this acquisition, in the ready-mix concrete sector, Heracles Group expands ... |
Lafarge Africa sees net sales improve 27% YoY06 March 2023, Published under Cement NewsLafarge Africa Plc has reported a 27.3 per cent rise in net sales in FY22 to NGN373.2bn (US$812.9m), compared to NGN293.1bn in FY21. Recurring EBIT over the same timeframe advanced by 29.3 per cent to NGN84.2bn with the recurring EBIT margin moving from 22 per cent in FY21 to 23 per cent a year later. Earnings per share over the same period improved by 5.2 per cent from NGN3.17 to NGN3.33. Khaled El Dokani, CEO of Lafarge Africa, commented, “In 2022, we recorded 27.3 per cent and 29.3... |
Holcim launches digital twin cement plant in Switzerland03 March 2023, Published under Cement NewsHolcim claims it has launched the world’s first cement plant digital twin, a real-time 3D virtual model accurately replicating one of its sites in Switzerland. The digital twin integrates Holcim’s enterprise software and performance prediction algorithms with the 3D model, enabling faster, more efficient and more reliable operations at minimal cost. The project is part of Holcim’s Plants of Tomorrow programme , deploying Industry 4.0 technologies across its sites for enhanced eff... |
Magali Anderson joins Anglo American Plc01 March 2023, Published under Cement NewsGlobal mining company, Anglo American, has announced that Magali Anderson will join its Board as a non-executive director and a member of its Board Sustainability Committee, with effect from 1 April 2023. Ms Anderson is chief sustainability and innovation officer of Holcim Group and a member of its executive committee. A mechanical engineer, she has spent the majority of her career in the oil and gas industry in a number of operational, commercial and business transformation leadership roles... |
Holcim announces plans for new chairman27 February 2023, Published under Cement NewsHolcim has announced that Beat Hess, chairman of the company since 2016, has decided not to seek re-election to the Board of Directors at the AGM in May 2023. The board intends to propose Jan Jenisch, current CEO of Holcim, as the new chairman. Subject to the vote, Mr Jenisch will succeed as the chairman and continue as CEO of Holcim for a limited duration. According to the company, this double mandate is for a limited duration and a CEO successor will be announced within the next 12 month... |
Holcim reshapes for the future24 February 2023, Published under Cement NewsHolcim caught the cement world's attention this week when it announced the launch of a major low carbon cement project in Europe. The French cement plant of Saint-Pierre-la-Cour is the location of the project that will use the company's proprietary ProximaTech technology to produce ECOPlanet cement, which is a calcined clay cement, with a 50 per cent lower CO2 footprint than OPC. The development of the ECOPlanet cement in France was given an important boost after the French government com... |
Holcim reports net sales of CHF29,289m in 202224 February 2023, Published under Cement NewsHolcim reported its financial results for 2022 announcing net sales of CHF29,189m (US$31.2m) for 2022. This was a 12.9 per cent rise on a LfL basis compared to the prior year. The increase was driven by the fast expansion of the Solutions & Products division, which grew by 54 per cent compared to the previous year. Holcim CEO, Jan Jenish, said: " In 2022, we delivered record financial results with CHF 29.2bn in net sales, CHF 4.8bn in recurring EBIT, 9.5 per cnet ROIC and a record ... |