Cement News tagged under: Holcim
Holcim cost-cutting programme targets CHF1.5bn rise in operating profit14 May 2012, Published under Cement NewsHolcim said on Monday it was launching a targeted cost-cutting programme aimed at increasing operating profit by at least CHF1.5bn (EUR1.2bn) by the end of 2014. CEO Bernard Fontana: “After intensive discussions at the senior management level and based on close collaboration with the Group companies, I am confident that we will achieve these targets. At least CHF150m positive impact will be achieved in 2012.” Under the name, the "Holcim Leadership Journey 2012-2014" the programme focuses o... |
Europe holds back Holcim09 May 2012, Published under Cement NewsHolcim’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 station03 May 2012, Published under Cement NewsHolcim 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... |
Holcim03 May 2012, Published under Cement NewsThe 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, USA20 April 2012, Published under Cement NewsThe 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, USA18 April 2012, Published under Cement NewsHolcim 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, Switzerland12 April 2012, Published under Cement NewsRussia'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, USA10 April 2012, Published under Cement NewsHolcim (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 gains04 April 2012, Published under Cement NewsThree 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 celebrations04 April 2012, Published under Cement NewsHolcim (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... |