Cement News tagged under: Holcim

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Indonesian full-year demand set to beat expectations

30 November 2012, Published under Cement News

Indonesian cement demand is seen closing this year 12 per cent ahead of 2011 figures, above previous expectations of eight per cent, but growth next year is likely to be impeded by capacity constraints, according to analysts at PT Samuel Sekuritas. Domestic cement consumption reached 44.64Mt in the January to October period of this year, an increase of 14.5 per cent compared to 38.98Mt last year, according to data from the Indonesian Cement Association. Next year, PT Samuel Sekurit...

Holcim (US) Celebrates Centennial

29 November 2012, Published under Cement News

The Holcim (US) Portland facility is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim (US), one of the nation's leading manufacturers and suppliers of cement and mineral components, is celebrating its 100-year anniversary by participating in Together for Communities, an initiative in which employees lead local volunteer projects. "Our employees at the Portland facility have shown great dedication in their ...

Fitch Ratings: mixed picture for EMEA companies

27 November 2012, Published under Cement News

Fitch Ratings says 3Q12 results reported by Fitch-rated Europe Middle East and Africa (EMEA) cement companies, Holcim Ltd ('BBB'/Stable), HeidelbergCement AG ('BB+'/Stable) and Lafarge SA ('BB+'/Stable) showed a number of positives, but confirmed that general market conditions are still challenging and the outlook remains uncertain. Europe disappoints The European markets represented a negative surprise, mainly due to a weakening in volume sales. This not only reflects some peripheral ...

Holcim continues Colombian feasibility study

26 November 2012, Published under Cement News

Holcim approved the continuation of the feasibility study to build a new cement plant in Colombia. According to Miguel Angel Rubalcava, Holcim’s president in Colombia, the investment is around US$600m. "We are evaluating the departments of Bolivar and Antioquia, as possible locations for its site but we have not decided," he said. The new 2Mta works would generate about 1000 direct and indirect jobs and would benefit from the latest technology, minimal environmental impact and maximum ...

Holcim makes centenary CHF5m donation

23 November 2012, Published under Cement News

For 40 years, the Ernst Schmidheiny Foundation has been supporting special project weeks designed to provide young people in Switzerland with a grounding in economics and business management. As part of its centenary celebrations, building materials group Holcim is making a donation of CHF5, in recognition of the major commitment shown by the Foundation and its partners. A core element of the Ernst Schmidheiny Foundation are the so-called Economy Weeks, which, over a period spanning 40 ye...

Holcim increases cement price 6.6% in Mauritius

15 November 2012, Published under Cement News

Holcim has announced a rise in its cement prices in Mauritius. Customers will pay MUR211.60, up from the current MUR198, representing an increase of 6.6 per cent. The increase will cover both OPC and Ecocem. Bulk cement prices will reach MUR4163/t, ex-works. Holcim (Mauritius) has attributed the cost due to an increase in fixed costs as well as “improving Ecocem, which passes into a higher strength class”, and the devaluation of the rupee. Meanwhile, Lafarge (Mauritius) Cement has said it...

Holcim to invest US$20m to develop Ruhuna plant capacity

14 November 2012, Published under Cement News

Holcim Sri Lanka will invest US$20m to develop grinding capacity at the Ruhuna plant in Galle to meet the future demand in emerging markets. Vice president marketing and sales Viraj Gunasekera said that the grinding capacity will be increased by 600,000t once the work is completed in 2013. At present the production stands at 400,000tpa. He said the hotel chains in the north and east has just started work and there will be a rapid growth of demand for cement in the next 2-3 years. The GDP g...

Holcim: October ‘12

09 November 2012, Published under Cement News

Holcim is planning a considerable investment in modernising its Volsk works in Russia, which is currently using a wet process production system. Work is expected to start during the second quarter of 2013 and completion is scheduled for the third quarter of 2016. An official announcement about the exact plans is expected fairly shortly. Holcim Hungary is to close its Labatlan works next year. Closure had previously been deferred until 2016, with a new works to be commissioned by then. The...

Emerging markets, North America drive Holcim performance

07 November 2012, Published under Cement News

Holcim reported a rise in cement deliveries for the first nine months of 2012 supported by pricing improvements. Emerging markets continue to support growth together with stronger demand for building materials in North America, but the Europe and Middle East and Africa divisions register declines. Commenting on its results, the company said in a statement: “Holcim continues to have the advantage of a strong presence in emerging markets, where construction activity remains high. This uniqu...

Holcim to modernize Volsk cement plant, Russia

24 October 2012, Published under Cement News

Holcim Russia plans to invested EUR350m for the modernization of its Volsk plant. The project will include the installation of a new semi wet-process production line with a capacity of 4500tpd, replacing the wet process technique. Construction work is expected to start in the second quarter of 2013 and the new line is scheduled to start commissioning in the third quarter of 2016. Last year Holcim commissioned a new 2.1Mta kiln line at its Shurovo plant, serving the key regional Mos...