Cement News tagged under: Holcim

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Holcim sets 2050 entire value chain net-zero targets

01 November 2021, Published under Cement News

Holcim has set industry-first 2050 net-zero targets, validated by the Science Based Targets initiative (SBTi), building on its 2030 commitments approved in September 2020. Setting a new milestone for its sector, the group's targets cover its entire value chain, including both direct and indirect emissions, following the three ‘scopes’ established by the Greenhouse Gas (GHG) Protocol. Jan Jenisch, CEO, Holcim said: "The building sector has an essential role to play to accelerate our wor...

Holcim sees another quarter of record profitable growth

29 October 2021, Published under Cement News

Holcim has recorded net sales of CHF7.29bn (US$7.99bn) for the third quarter of 2021, up five per cent on a like-for-like basis compared to CHF6.46bn in the year-ago period. A recurring EBIT increase of 4.7 per cent LfL to a record CHF1.53bn was primarily driven by strong pricing and good cost management, according to the company. "I’m pleased that we have achieved a record quarter of profitable growth once again. I congratulate my teams for their exceptional resilience as they continue to...

Holcim announces its 2030 people strategy

26 October 2021, Published under Cement News

Holcim has announced its 2030 people strategy, which focusses on bridging the world’s housing and infrastructure gap, improving livelihoods and upholding the highest standards of human rights.   On its journey to build progress for people and the planet, Holcim states it will: “Accelerate access to adequate housing and infrastructure to improve living standards for all, continue to support communities, from health and education to skill building and respect human rights and implem...

Gasmet supplies Holcim Croatia with CMM system

22 October 2021, Published under Cement News

Gasmet has supplied its continuous mercury monitoring (CMM) system to Holcim Croatia (Holcim group) to monitor mercury emissions and maintain higher levels of plant operation safety. The CMM system was distributed by RACI, which handles Gasmet products in Slovenia and Croatia. While Croatia currently has no legislation for continuous monitoring of mercury emissions, Holcim has strict limits for emissions from its own cement plants. "The product gives us exactly what we want – peace of min...

ACC reports 6% rise in EBITDA for the 3Q21

20 October 2021, Published under Cement News

India’s ACC has reported a 6.1 per cent YoY rise in EBITDA to INR7.12bn (US$95.03m) in the third quarter of 2021, compared to INR6.71bn in the year-ago period. Profit after tax advanced 23.6 per cent YoY to INR4.5bn from INR3.64bn. "ACC has recorded a solid performance during the quarter through operational excellence and a focus on sustainability while meeting customers’ needs. Despite a steep increase in fuel costs, our cost efficiency measures under project ‘Parvat’ have enabled us to m...

Figuil plant to be expanded by 0.5Mta

18 October 2021, Published under Cement News

Cameroonian Prime Minister, Joseph Dion Nguté, laid the first stone of the new 0.5Mta production line of Cimenteries du Cameroun (Cimencam) in Figuil, in the northern part of the country, last week. Cimencam (Holcim group) has invested around CFAF50bn (US$88.3m) in the project. The new production unit is expected to be ready for commissioning in 24 months, at the end of 2023. It will expand the current cement capacity of 0.15Mta at the 40 year-old plant and provide more than 900 direct...

Higher freight costs and port congestion send clinker price up in Côte d’Ivoire

13 October 2021, Published under Cement News

In addition to the COVID-19 pandemic, the cement industry in Côte d’Ivoire has also faced unprecedented increases in the prices of sea freight, which has sent the price of clinker in the international market up by 80 per cent, according to Rachid Yousry, CEO of LafargeHolcim Côte d’Ivoire. Clinker has also become more expensive as a result of additional clinker storage costs due to congestion in the Autonomous Port of Abidjan. Unloading can take 25-30 days. To date the cement producer has...

ECOncrete Tech and LafargeHolcim US form partnership

13 October 2021, Published under Cement News

ECOncrete Tech Ltd and LafargeHolcim (Holcim) in the US have joined forces to design and produce an ecologically beneficial concrete scour protection unit for offshore wind turbine foundations. The Biden Administration set the goal of creating 30GW of offshore wind by 2030 while protecting biodiversity and promoting ocean co-use , an effort which, to achieve sustainably, should use best available technologies to ensure the health of marine environment and species. The scour prot...

Cem'In'Eu awarded damages in competition lawsuit

08 October 2021, Published under Cement News

The Saint-Nazaire Commercial Court, France, has dismissed all of LafargeHolcim's claims that Cem'In'Eu had been acted unfairly in competition following a claim made in July 2019. The judgement of 28 April 2021 dismissed all of the claims made by Lafarge Holcim Ciments and Lafarge Holcim Distribution in the lawsuit between them and Cem’In’Eu and all of its different group entities including Cem'In'Log. Furthermore, LafargeHolcim has been ordered to pay damages as well as legal costs in ...

Holcim completes bolt-on acquisitions in the US and Poland

28 September 2021, Published under Cement News

Holcim has closed the acquisition of the Utelite Corp in Coalville, Utah (US), a leading producer of lightweight aggregates. Utelite will join Holcim’s Mountain region, alongside operations in the Denver, Phoenix and Las Vegas metro areas. Founded in 1962, Utelite’s more than 40 employees serve customers across the western USA and western Canada. The operation has more than 60 years of proven and probable reserves. In addition, Holcim closed an agreement to buy Polcalc in Poland. Polcalc e...