Cement News tagged under: Holcim
Holcim divests Zambian subsidiary to Huaxin Cement02 December 2021, Published under Cement NewsHolcim has closed the sale of its business in Zambia, representing a 75 per cent stake in the company, to the Chinese cement group Huaxin for an enterprise value of US$150m for 100 per cent ownership of the company. The deal was closed following approvals from Chinese and Zambian authorities. Jan Jenisch, Holcim CEO: said “This divestment is another step in our transformation to become the global leader in innovative and sustainable building solutions giving us the flexibility to con... |
Ambuja and ACC to develop new calcined clay cements29 November 2021, Published under Cement NewsAmbuja Cements and ACC have announced a partnership with the Indian Institute of Technology Delhi (IITD) to develop calcined clay cements. It will be implemented through a research project funded by the Holcim Innovation Centre in Lyon, France, and comprise of an in-depth scientific study into the influence of clinker, calcined clay and limestone on the performance of calcined clay cements. It aims to create next-generation cement with more than 50 per cent lower carbon emissions for India... |
Holcim launches new concrete product26 November 2021, Published under Cement NewsHolcim has launched a new high-performance concrete, DYNAMax, which is expected to deliver high strength, durability and rigidity alongside design freedom and sustainability, according to a press release. It will be launched in close to ten markets across Europe, Latin America, North America and Asia Pacific in 2022. Jan Jenisch, CEO Holcim, said: “I’m excited by the launch of our DYNAMax high-performance concrete, advancing our global range of innovative and sustainable building solut... |
Holcim announces its Strategy 202518 November 2021, Published under Cement NewsHolcim has announced its “Strategy 2025 – Accelerating Green Growth” to become the global leader in innovative and sustainable building solutions, following the group’s achievement of Strategy 2022 one year in advance. With “Accelerating Green Growth,” it is seeking to achieve profitable growth across all its businesses. As part of this it is expected to accelerate the expansion of its Solutions & Products business to reach 30 per cent of group sales, with this achieved through strategic i... |
Holcim commits to 40 per cent sustainable financing by 202410 November 2021, Published under Cement NewsHolcim announces its commitment to reach at le ast 40 per cent of sustainable financing by 2024, putting climate action, water preservation and safety at the heart of its strategy. The company has accelerated this commitment with two new sustainability-linked financing transactions worth above CHF3bn (US$3.28bn). Holcim has joined the UNGC CFO Taskforce, alongside 60 companies representing a combined US$1.7trn in market capitalisation. The taskforce aligns members’ finance strategi... |
Holcim and Cemex among founding members of First Movers Coalition05 November 2021, Published under Cement NewsHolcim and Cemex are among the companies that have joined the First Movers Coalition (FMC) as founding members at COP26 to drive green demand and carbon technologies to advance climate goals. The initiative aims to accelerate innovation and the development of early-stage decarbonisation technologies by leveraging their combined purchasing power. The coalition will work across the eight key hard-to-abate industries of cement, steel, aluminium, chemicals, shipping aviation and trucking, a... |
Holcim and Volvo Autonomous Solutions collaborate on autonomous dumper trial04 November 2021, Published under Cement NewsHolcim Switzerland and Volvo Autonomous Solutions have entered into a collaboration to jointly test and further develop the use of autonomous electric dumpers in a limestone quarry. Holcim Switzerland and Volvo Autonomous Solutions will jointly test and further develop the use of autonomous electric dumpers at Holcim's Gabenchopf quarry in Siggenthal, Switzerlandt. The battery-electric dumpers that are currently being tested mark a groundbreaking step in the industry: not only are the... |
Lafarge Algeria hits 2Mt export record03 November 2021, Published under Cement NewsLafarge Algeria, part of the Holcim group, has exported 2Mta of cement and clinker for the first time, according to a company press release. The company achieved the volume less than five years after the start of cement exports from Algeria. The 2Mta volume represents a considerable increase from the 1.2Mt of exports achieved in 2020 and puts the company firmly on the way to its 2.5Mt target by the end of this year. In 2022 the cement producer aims to export 2.6Mt. This symbolic bar of 2... |
Holcim sets 2050 entire value chain net-zero targets01 November 2021, Published under Cement NewsHolcim has set industry-first 2050 net-zero targets, validated by the Science Based Targets initiative (SBTi), building on its 2030 commitments approved in September 2020. Setting a new milestone for its sector, the group's targets cover its entire value chain, including both direct and indirect emissions, following the three ‘scopes’ established by the Greenhouse Gas (GHG) Protocol. Jan Jenisch, CEO, Holcim said: "The building sector has an essential role to play to accelerate our wor... |
Holcim sees another quarter of record profitable growth29 October 2021, Published under Cement NewsHolcim has recorded net sales of CHF7.29bn (US$7.99bn) for the third quarter of 2021, up five per cent on a like-for-like basis compared to CHF6.46bn in the year-ago period. A recurring EBIT increase of 4.7 per cent LfL to a record CHF1.53bn was primarily driven by strong pricing and good cost management, according to the company. "I’m pleased that we have achieved a record quarter of profitable growth once again. I congratulate my teams for their exceptional resilience as they continue to... |