Cement News tagged under: Holcim

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Europe holds back Holcim

09 May 2012, Published under Cement News

Holcim’s first quarter turnover improved by 2.2% to CHF4,760m (€3,922m), which represents an increase of 7.1% on a comparable basis and measured in euros the turnover advanced by 8.1%.  The operating EBITDA eased by 1.1% to CHF745m (€614m), which represents a 4.6% advance in euro terms. The trading profit edged up by 0.5% to CHF349m (€287m), while at the net attributable level there was small profit of CHF10m (€8m), representing an improvement of 1.1%, or of 7% in euro terms. Net debt at the...

Philippines: Holcim to reopen Batangas grinding station

03 May 2012, Published under Cement News

Holcim Philippines is reopening its grinding plant in Mabini, Batangas, next year because of the strong local demand for cement. Holcim said it is optimistic that demand for cement will continue to flourish, especially with the government's infrastructure projects and boom in housing. Upon its reopening in 2013, the grinding plant with an existing capacity of 7.7Mta Holcim will spend around PHP400m (US$9.4m) to rehabilitate the factory with an additional 0.5Mta capacity. The Mabini pla...

Holcim

03 May 2012, Published under Cement News

The leading Russian cement producer Eurocement has spent CHF100m (€83m) to increase its stake in Holcim from 10.1 to 10.8%. ACC Limited, the larger of Holcim's two main subsidiaries in India, generated a first quarter turnover 18.7% ahead at INR. crore 3,015 (€432.3m) as cement deliveries increased by 9.1% to 6.62Mt The EBITDA improved by 10.4% to INR crore 648m (€9.3m), but the pre-tax profit fell by 56.84% to INR crore 208 (€3.0m) and the net profit declined by 56.6% to INR crore 152 (€2...

Holcim (US) Inc celebrates group centennial, USA

20 April 2012, Published under Cement News

The Waltham, Massachusetts headquarters of Holcim (US) Inc is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim (US) is celebrating this 100-year anniversary by participating in Together for Communities, an initiative in which Holcim employees lead local volunteer projects. "Our employees at the Holcim headquarters have responded with vigor to the challenge of Together for Communities," said Bernard Terve...

Two Holcim plants recognised at PCA spring meeting, USA

18 April 2012, Published under Cement News

Holcim announced today that its Holly Hill in Holly Hill, SC and Theodore in Theodore, AL, plants, have been recognised by the Portland Cement Association (PCA) at its Spring Board of Directors meeting in Chicago on 16 April 2012. The Holly Hill plant received the PCA's prestigious Chairman's Safety Performance Award in recognition of their exceptional health and safety programmes. The Theodore plant received the Environmental Performance Award in recognition of the steps they take beyond t...

Eurocement increases stake in Holcim, Switzerland

12 April 2012, Published under Cement News

Russia's largest cement maker Eurocement has increased its stake in Holcim to 10.8 per cent, newspaper Handelszeitung reports in article to be published Thursday. Eurocement's owner, Filaret Galchev-Kaltsidis, has spent CHF100m (US$109m) to raise its holding from 10.1 per cent, the paper reports. "Our position in Holcim is now about 35 million shares, or 10.8 per cent. We have taken advantage of the low share prices for the purchase," Thierry Sauvaire, chief executive of Eurocement Holdi...

Holcim Ada plant participates in centenary celebrations, USA

10 April 2012, Published under Cement News

Holcim (US) Ada cement plant located in Ada, Oklahoma is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim (US), is celebrating this 100-year anniversary by participating in Together for Communities, an initiative in which Holcim employees lead local volunteer projects. "The Centennial is an excellent opportunity to celebrate Holcim's mission," said Bernard Terver, president and chief executive officer of H...

Indian majors report March gains

04 April 2012, Published under Cement News

Three of India's leading cement producers, UltraTech Cement as well as Holcim interests, ACC and Ambuja Cement, all reported healthy gains in their respective March 2012 figures.   UltraTech despatched 4.01Mt cement in March, 6.28% higher from previous year, a company release today said. Cement production during the month rose 4.5% YoY to 3.92Mt. On a monthly basis, despatches and production rose 14% and 13%, respectively. Ambuja Cement sold 2.17Mt of cement in March this year, up 12.4...

Holcim’s Trident Park renovates plant as part of group centenary celebrations

04 April 2012, Published under Cement News

Holcim (US)'s Trident plant, located in Three Forks, Montana, is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim is celebrating this 100-year anniversary and its US division is participating in Together for Communities, an initiative in which Holcim employees lead local volunteer projects. As part of the Together for Communities initiative, the Trident plant sponsored an employee-led project to renovate...

Holcim CEO cost cutting measures – report

03 April 2012, Published under Cement News

Bernard Fontana, Holcim’s new chief executive officer, will have to restructure the cement maker’s business in Europe where additional plants will have to be closed, cut costs, and expand the company’s business in emerging markets, SonntagsZeitung said, citing criteria set for him by the board of directors. Details of Fontana’s plans will be presented on April 17 at the company’s shareholder meeting, the newspaper said. (Source: Bloomberg)