Cement News tagged under: Holcim
ACC sets out 2030 sustainability targets13 August 2021, Published under Cement NewsACC has become the first company in the Indian construction sector to sign the “Business Ambition for 1.5°C” commitment with 2030 intermediate targets approved by the Science Based Targets initiative (SBTi), according to a press release. ACC has committed to reducing scope 1 GHG emissions/t of cementitious material by 21.3 per cent and scope 2 GHG emissions/t by 48.4 per cent by 2030, compared with a 2018 base year. "At ACC, we continuously strive to become a responsible and sustainable c... |
Holcim takes drone work to new heights at Siggenthal12 August 2021, Published under Cement NewsHolcim Switzerland's Siggenthal cement plant is being used as a pilot site for Holcim Group's global “Plants of Tomorrow” initiative. As part of the programme, the plant is testing the latest 4.0 technologies and working methods to make cement production more efficient and sustainable. In the latest collaboration with the ETHZ start-up “Voliro”, special drones are being used in Siggenthal for maintenance work at great heights, which Holcim claims is a world first. Holcim is using ... |
Industry majors see success in the 1H2106 August 2021, Published under Cement NewsThis week we are taking a look at the first-half results of the cement industry majors, which have all seen a strong overall performance during the course of the year to date. Overall results Record results were posted by several major cement companies during the 1H21. Holcim saw net sales climb 16.6 per cent like-for-like (LfL) to CHF12.556bn (US$13.82bn), while HeidelbergCement posted a 11 per cent advance in group revenue to EUR8.938bn (US$10.55bn). Elsewhere, Cemex recorded a 22 per c... |
Holcim Brazil asset sale expected02 August 2021, Published under Cement NewsLafargeHolcim (Holcim group) is understood to be considering the sale of its assets in Brazil and CSN Cimentos, Cimentos Mizu and Cement Apodi (Titan Cement joint venture) are believed to be among the potential bidders. A report by Reuters says, Holcim would be looking for proceeds if US$1-1.5bn from the sale. Reuters spoke to two people said to be in the know about the potential sale and bidders. The sale is likely to see several of the named Brazilian cement producers set to acquire par... |
Holcim Philippines reports successful 1H2102 August 2021, Published under Cement NewsHolcim Philippines posted net sales of PHP13.661m in the first half of 2021, up 19.6 per cent when compared with PHP11.419m in the 1H20. Operating EBITDA increased to 3.151m in the 1H21 from PHP1.705m from the year-ago period while operating EBIT surged from PHP814,033 to PHP2.228m. Net profit in the 1H also surged from PHP413,834 between January-June 2020 to PHP1.631m in the January-June 2021 period. The company attributed its performance to improved market conditions along with consi... |
Holcim records net sales of CHF12,566m in 1H2130 July 2021, Published under Cement NewsHolcim announced 1H21 net sales of CHF12,566m (US$13,640m) compared to CHF10,693m in the 1H20, a rise of 16.6 per cent LfL. Operating profit (EBIT) reached CHF1794 up from CHF1005 in the 1H20. Net debt rose to CHF12,438m in the 1H21 up from CHF10,662m in the 1H20. Jan Jenisch, Holcim CEO, said : "As we close H1 under our new Group identity, I sincerely thank all members of the Holcim family for the teamwork and resilience they continue to demonstrate to navigate the challenges of the pand... |
Holcim launches 'ECOPlanet' a global range of green cement28 July 2021, Published under Cement NewsHolcim has launched ECOPlanet, its global range of green cement delivering at least 30 per cent lower carbon footprint with equal to superior performance. ECOPlanet is available in Germany, Romania, Canada, Switzerland, Spain, France and Italy, and will be distributed across 15 countries in 2021, with the objective of doubling its market presence by the end of 2022 to enable low-carbon construction at scale. Jan Jenisch, Holcim's CEO: "I am excited to introduce ECOPlanet, the lat... |
ACC Ltd records 2Q21 profits after tax of INR5.69bn20 July 2021, Published under Cement NewsACC Ltd (Holcim group) has reported 2Q21 profits after tax of INR5.69bn (US$76m) up from INR2.71bn in 2Q20. In the April-June 2021 period under review, ACC Ltd recorded an EBITDA of INR8.69bn and net sales of INR38.1bn. Profit before tax reached INR7.58bn in the 2Q21, up from INR4.03bn in 2Q20. Sales volumes of cement reached 6.84Mt in the 2Q21, up from 4.76Mt in the 2Q20. Half-year sales volumes of cement reached 14.81Mt, up from 11.32Mt in the same period last year. Sridhar Bala... |
Holcim Philippines invests to improve sustainability16 July 2021, Published under Cement NewsHolcim Philippines is set to invest PHP210m (US$4.18m) in projects to reduce the fuel consumption and increase mineral additive usage at its cement plants in Bacnotan, La Union, Lugait and Misamis Oriental, to raise business and sustainability performance. "More efficient operations will help us deliver better financial results and improve our environmental footprint. We look to continue implementing these improvements to meet our objectives of delivering greater value to our shareholders ... |
Lafarge Cement Zimbabwe to double cement capacity in 202214 July 2021, Published under Cement NewsLafarge Cement Zimbabwe (Holcim group) plans to double its cement milling capacity upon completion of the installation of a new vertical roller mill (VRM) in 2022. "The supply contract was signed in August 2020 and the manufacturing of the plant commenced the following month. Civil works for the VRM have since started and the expected completion date for the project is February 2022," Lafarge Cement Zimbabwe stated. The mill installation will be the last phase of a US$25m investment pl... |