Cement News tagged under: Holcim
Huaxin expects strong rise in full-year net profit, China22 January 2014, Published under Cement NewsHuaxin Cement expects net profit to increase by between 105-125 per cent YoY in 2013 compared to a profit of CNY556m in 2012 when it suffered from severe pricing competition. The Hubei Province-based producer, part of the Holcim Group, attributes the profit growth to increasing sales and reduced production costs. |
EC rejects request by Germany to review deal07 January 2014, Published under Cement NewsThe European Commission (EC) has rejected a request from Germany to refer the planned acquisition of Cemex West by Holcim to the German competition authority for assessment under national competition law. The EC concluded that the geographic scope of the affected cement markets is wider than national and that therefore the Commission cannot refer the assessment of the transaction to Germany. The commission has until 31 March 2014 to take a final decision. In the proposed transaction Holc... |
Holcim (New Zealand) selects locations for two cement import terminals17 December 2013, Published under Cement NewsHolcim (New Zealand) has selected Timaru and Auckland as the location for two new 30,000t bulk cement import terminals. The company said that having reviewed proposals from ports throughout New Zealand, it had identified Waitemata in Auckland and Timaru as its preferred locations for the two terminals. "An import terminal at the Port of Auckland enables Holcim to supply cement direct into one of its major markets", Holcim (New Zealand) Ltd capital projects manager Ken Cowie said. "And c... |
Holly Hill awarded EPA Energy Star, USA09 December 2013, Published under Cement NewsHolcim (US) Inc announced that its Holly Hill plant in South Carolina has earned the US Environmental Protection Agency’s Energy Star for the fourth consecutive year. “It is with great pride that once again Holly Hill is recognised by the EPA validating the commitment that our management team and employees have to protect the environment,” said Joe McFalls, Holcim Holly Hill plant manager. "I'm proud of their dedication and proud to work for a company that values efforts to protect the en... |
Industry appointments at Ambuja and ACC06 December 2013, Published under Cement NewsThe Holcim Group has appointed Bernard Trever has an additional director on the board of Ambuja Cements Ltd. Mr Trever has over 35 years of experience in the cement business and has been part of Holcim Ltd since 1994 where he has held senior positions including that of Chief Executive Officer of Holcim Colombia and Holcim US. Meanwhile, ACC's chief executive and managing director Kuldip Kaura has received a one-year extension in his current position till December, 2014. "We wish to inform ... |
Holcim02 December 2013, Published under Cement NewsHolcim's turnover for the first nine months declined by 6.1 per cent to CHF14,941m, while in euro terms the reduction was eight per cent to EUR12,136m and in US dollar terms the decline was 5.7 per cent. The Asia-Pacific region generated 37.5 per cent of group turnover, down from 39.3 per cent a year earlier, while Europe represented 28.4 per cent, up from 26.5 per cent. Latin America contributed 17.1 per cent against 15.6 per cent, North America 15.7 per cent against 14.3 per cent and Afric... |
Holcim Romania inaugurates WHR project25 November 2013, Published under Cement NewsHolcim Romania has inaugurated a EUR15m new waste heat recovery investment at its Alesd plant which is set to meet around 15 per cent of the plant’s electricity needs. “The investment we are inaugurating today at our plant in Alesd is part of Holcim Romania’s consistent efforts to reduce the consumption of energy and natural resources by implementing the best available technology in the field,” Daniel Bach, general director Holcim Romania, said. Despite a difficult trading environment,... |
Swiss poll could limit executive salaries21 November 2013, Published under Cement NewsNine months after putting checks on excessive payouts for executives in a referendum, Europe's best-paid voters will decide on Sunday whether to cap the highest wages in a company at 12 times the lowest pay. Swiss corporations and the government have joined forces to oppose the so-called 1:12 initiative, which is forecast to be rejected. The payscale at Holcim, formed 101 years ago in the Swiss village of Holderbank, underscores the challenge for multinational companies to comply with the p... |
ETAP keeps El Salvador plant running18 November 2013, Published under Cement NewsHolcim's Cement plant in El Salvador continues to deliver impressive operating results, following the implementation of the ETAP Real-Time Intelligent Load Shedding (ILS) system. In the year prior to the deployment of ETAP ILS, the facility experienced 20 power outages. However, over the course of the two-year commissioning and tuning period for the ILS installation, Holcim experienced just one power cut. ETAP was approached by Holcim to provide a solution to a slow and unreliable load-she... |
Holcim gets FIPB approval for India restructure14 November 2013, Published under Cement NewsHolcim has received approval from the Foreign Investment Promotion Board (FIPB) of India to merge Holcim India Private Ltd (HIPL) with Ambuja Cements as part of plans to streamline its operations there. Holcim, which holds majority stakes in ACC and Ambuja Cements, announced plans in July to consolidate operations. In a two stage deal, Ambuja will first acquire a 24 per cent stake in HIPL for a cash consideration of INR35,000m (US$~600m), followed by a stock merger between HIPL and Ambuja.... |