Cement News tagged under: Holcim
Holcim US acquires Basic Construction Company LLC10 August 2022, Published under Cement NewsHolcim US has acquired the sand and gravel operations of Basic Construction Company LLC in New Kent County, Virginia, USA. The deal is expected to significantly expand strategically located aggregate reserves for Holcim’s Mid-Atlantic region, in line with its goal to fuel growth through bolt-on acquisitions in mature markets in the aggregates sector. “We’re excited to add this 230-acre strategic reserve, which will support our continued expansion in the Virginia market and begin a strong ... |
Holcim acquires SES insulation and roofing business02 August 2022, Published under Cement NewsHolcim has successfully completed the acquisition of SES Foam LLC, the biggest independent spray foam insulation company in the US with 2022 estimated net sales of US$200m. SES has a track record of double-digit growth, with advanced energy-efficiency and bio-based solutions for new and green retrofitting projects. Jamie Gentoso, global head Solutions & Products: “I warmly welcome all SES employees into the Holcim family. With SES’ leadership in thermal insulation, we are expanding our... |
Holcim’s Russian assets raided29 July 2022, Published under Cement NewsHolcim has reported a raiding attempt on its Russian assets, according to Kommersant daily and RIA Novosti. Unidentified people have filed documents with the Federal Tax Service to change the structure of the legal entities owned by Holcim. In March, Holcim announced it would leave the Russian market following Russia’s invasion of Ukraine. Now, following the decision of the Leninsky district court of the Chechen capital Grozny, the benefactors of its Russian divisions have reportedly cha... |
Holcim reports on record results in 1H2227 July 2022, Published under Cement NewsHolcim has reported record sales on CHF14,681m (US$15,273m) in the first half of 2022, marking a 16.9 per cent increase YoY, driven by sales growth in all segments. Net sales in the second quarter alone were up 13.6 per cent YoY to CHF8240m. Record recurring EBIT was also seen in the 1H22, coming in at CHF2173m, up 9,6 per cent YoY. This was attributed to a robust improvement in profitability in the company's Solutions & Products segment and strong recurring EBIT margin expansion in North ... |
Holcim secures EU investment in CCUS projects19 July 2022, Published under Cement NewsHolcim has secured investment from the European Union Innovation Fund in its carbon capture, utlisation and storage (CCUS) projects in Germany and Poland. The funding will support Carbon2Business, part of the Westküste 100 project in Germany, where carbon is captured from the Lägerdorf cement plant before being converted into synthetic fuel. The EU is also investing in Holcim's Go4ECOPlanet project in Poland, which aims to capture CO 2 from Holcim 's site in Kujawy before storing it of... |
European Innovation Funding awarded for decarbonisation projects15 July 2022, Published under Cement NewsThe European Innovation Fund (EU Environment and Climate) has agreed funding for several cement and lime sector projects, with Holcim and Lhoist among the companies that will receive funding. Holcim Germany has received funding approval from the European Union for the Carbon2Business project in Lägerdorf in Schleswig-Holstein from the EU Innovation Fund. The funding is aimed at the construction of a new kiln line at Lägerdorf plant. With the use of oxyfuel technology, the first clima... |
Holcim sued by Indonesian island over climate change14 July 2022, Published under Cement NewsResidents of an Indonesian island threatened by rising sea levels are suing Holcim over its carbon emissions, according to TopWireNews. The island in question, Pulau Pari, depends on fishing and tourism for its economy but due to climate change large swathes of the island are expected to be submerged under water in 30 years' time, say the residents. They are now seeking compensation from Holcim for the damage they have already suffered as a result of climate change, as well as funds for floo... |
Holcim acquires General Beton Romania08 July 2022, Published under Cement NewsHolcim has acquired General Beton Romania, a leading player in the Romanian ready-mix concrete (RMC) market with estimated 2022 net sales of EUR45m. The move is designed to expand Holcim's RMC portfolio across Romania's major urban centres and help Holcim reach its target of 25 per cent of RMC sales coming from ECOPact. With the addition of General Beton Romania's eight RMC plants, Holcim Romania will now operate 27 RMC facilities in the country. Miljan Gutovic, region head of Europe, Mid... |
Holcim El Salvador starts Plants of Tomorrow technology at Maya plant07 July 2022, Published under Cement NewsHolcim El Salvador has been celebrating the opening of its state-of-the-art Maya cement plant. The Maya plant upgrade is part of the group’s 'Plants of Tomorrow' programme, one of the largest roll-outs of Industry 4.0 in the building materials industry. At Maya, the company is deploying innovative technologies for increased safety, efficiency and sustainability, including a remote plant control system, drones for kiln and tower inspections, mobile app to track production levels a... |
Aggregate Industries adopt a complete environmental impact monitoring solution07 July 2022, Published under Cement NewsAggregate Industries ( Holcim group ) has become the first building materials manufacturer in the UK to install a complete monitoring solution for managing environmental impact. It has integrated the EVS Omnis system from Envirosuite into its Lafarge Cement operation in Cauldon , Staffordshire, to proactively manage noise and air quality. EVS Omnis is a cloud-based environmental management software designed for users to interpret complex environmental information. It will enable Lafa... |