Cement News tagged under: Holcim

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Cement Australia stake up for sale?

21 March 2016, Published under Cement News

One of the two main shareholders of Cement Australia is reported to consider a potential sale of its 50 per cent stake, according to market sources. The value of Cement Australia is being discussed at US$800m, according to reports in Business Spectator. One theory suggests that Holcim could carry out the divestment ahead of plans to sell of its US$3bn Australia and New Zealand division to Adelaide Brighton in light of its merger with Lafarge. However, the deal would be subject to appr...

Buzzi Unicem strengthens US distribution network

22 February 2016, Published under Cement News

Buzzi Unicem has added three new terminals to its distribution network, acquired after the merger between Lafarge and Holcim. Located in Rock Island (IL), Grandville (MI) and Elmira (MI), the terminals will serve new markets for Buzzi.  Rock Island terminal has a cement distribution capacity of around 70,000tpa. Cement is delivered to the terminal from Buzzi's Selma (MO) plant by barge along the Mississipi river, or by rail from the Greencastle (IN), Cape Girardeau (MO) and Selma plants. ...

Mexico: Holcim launches new cement

10 February 2016, Published under Cement News

Holcim México has launched a new cement, Holcim Fuerte, on the local market. The product is targeted at the self-construction and housing sector. The new product offers a 30 per cent improvement in terms of mixing and placing, a 10 per cent higher performance and 50 per cent less cracking, according to the company. Holcim has invested around MXN133m in developing the latest addition its product range, with two years of laboratory research and field trials.

Holcim to close five Belgian concrete plants

14 December 2015, Published under Cement News

Holcim Belgique announced the closure of five concrete plants in Belgium to union representatives. The step will affect around 60 employees in Brugge, Herentals, Izegem, Oostende and Veurne. “The concrete market in Belgium is stagnating and there exists overcapacity in the sector, which has increasingly deteriorated from year to year,” said the company. “As a result, the activity of Holcim Belgique in the sector has been challenged by overcapacity in view of demand. This has affected ...

Sri Lanka: Holcim village inaugurated by President

22 September 2015, Published under Cement News

Sri Lanka's President Maitripala Sirisena inaugurated Holcim Village in Akmeemana, Galle, this week. The initiative was constructed and conceived by Holcim under its Sustainable Development Project and following its pledge for Livable Communities. Akmeemana Holcim village consists of 14 households and is the fourth settlement of its kind. The project cost the firm LKR14m (US$99,971). The Galle project has been constructed following similar projects in Medirigiriya, Eluwankulama and Puttal...

Looking forward to growth

09 September 2015, Published under Cement News

15 July 2015 saw the official launch day of LafargeHolcim, the merger between building materials giants, Lafarge and Holcim, which brings into being a world leader with 386.5Mta of cement production capacity installed across the globe. Since Holcim and Lafarge revealed their merger plans on 7 April 2014, both companies have put in considerable effort to lay the foundations of a balanced partnership and avoid the proverbial clash of titans. They divested some of their assets to meet regul...

China: Huaxin first-half profit plunges 82%

24 August 2015, Published under Cement News

Huaxin Cement reported 1H15 net profit of CNY89m, down 82 per cent YoY, in line with the company’s guidance at the end of July indicating a drop of 80-85 per cent. The Holcim group company said thesix-month decline was attributed to lower clinker and cement prices (-12 per cent YoY) offsetting higher sales volumes (23Mt, +1.4 per cent YoY, together with increaesd finance expenses (+9 per cent YoY). Revenue declined by 11 per cent YoY to CNY6.4bn, but this was partially offset by lower cos...

Footwear waste to be used as alternative fuel for Vietnam kiln

07 August 2015, Published under Cement News

Work is underway to commission a Solid Recovered Fuel (SRF) manufacturing plant for Holcim Vietnam to process solid footwear production waste from the country’s main shoe factory. The system, supplied by Austria-based UNTHA comprises an anti-explosive Atex-specification XR3000 Cutter waste shredder with two 113kW motors, conveyor, over-band magnet, control room and water-powered fire suppression technology. It is capable of processing up to 10tph of material to produce an 80mm fuel with hig...

CRH completes Lafarge-Holcim transaction

03 August 2015, Published under Cement News

CRH announced that the transaction to acquire certain assets from Lafarge SA and Holcim Ltd for a total enterprise value of EUR6.5bn is now complete, with the exception of the Philippines which is expected to close in the third quarter of this year. The deal was initially announced in on 2 February 2015, with a binding agreement sealed between the companies towards the end of May. Commenting on the completion of the acquisitions, Albert Manifold, CRH chief executive, said: “Today we extend...

Holcim's profits hurt by the strength of the Swiss currency

30 July 2015, Published under Cement News

Holcim's cement deliveries declined by two per cent to 67.6Mt in the first six months, and the underlying advance was 2.1 per cent. Shipments of aggregates rose by 3.4 per cent to 72Mt and ready-mixed concrete deliveries improved by 0.6 per cent to 18.2Mm³ but declined by three per cent on an underlying basis, while asphalt sales rose by 13.8 per cent to 4.6Mt. Turnover declined by 3.4 per cent to CHF8646m, but rose by 11.9 per cent in euro terms to EUR8182m, while on a comparative basis ...