Cement News tagged under: LafargeHolcim
LafargeHolcim Maroc reports 31% drop in net income24 March 2023, Published under Cement NewsLafargeHolcim Maroc , part of the Holcim group, posted a 2.6 per cent YoY decrease in consolidated turnover to MAD7.98bn (US$776.5m) in 2022. Sales volumes of the company contracted and were only partially offset by higher clinker sales and the increase in the average selling price. Moroccan cement demand declined by 10.6 per cent in as inflation impacted the economy. Current operating income reached MAD2.69bn in 2022, down 23 per cent YoY, due to the drop in cement sales and the rise in... |
LafargeHolcim Morocco reports 27% drop in 1H net income28 September 2022, Published under Cement NewsLafargeHolcim Maroc posted a 27 per cent YoY drop in net income to MAD759m (US$69.5m) at the end of June 2022. Consolidated turnover stood at MAD4004m, level with the year-ago period as the company faced unfavourable market conditions and a sharp rise in input prices. Operating income was down 17 per cent to MAD1464m as fossil energy prices surged and were only passed on to prices partly. In addition, the increase in social contributions to MAD176m also impact the group’s 1H22 result. ... |
LafargeHolcim Le Havre site up for sale28 February 2022, Published under Cement NewsInstalled in 1969 along the canal in the industrial port area of Le Havre, the former LafargeHolcim cement plant is being dismantled. The plant had been converted in 2016 to a centre for grinding imported clinker. A call for expression of interest has been launched by Haropa port to find a buyer for the 24.3ha site. Deadline for applications is 11 March 2022, with a possible award scheduled during the summer. |
LafargeHolcim receives coal ash as part of new agreement02 December 2021, Published under Cement NewsThe US operations of LafargeHolcim has received the first barge shipment of power plant coal ash, part of a project which will result in the recovery and recycling of more than 6Mt of coal ash for use in cement production. On a combined basis, LafargeHolcim, Geocycle and CenterPoint Energy, which operates two coal-fired generation plants in southwest Indiana, USA, have invested over US$80m in infrastructure to process, transport, store and recycle the coal ash produced at CenterPoint Energ... |
Holcim Brazil asset sale expected02 August 2021, Published under Cement NewsLafargeHolcim (Holcim group) is understood to be considering the sale of its assets in Brazil and CSN Cimentos, Cimentos Mizu and Cement Apodi (Titan Cement joint venture) are believed to be among the potential bidders. A report by Reuters says, Holcim would be looking for proceeds if US$1-1.5bn from the sale. Reuters spoke to two people said to be in the know about the potential sale and bidders. The sale is likely to see several of the named Brazilian cement producers set to acquire par... |
Ambuja Cements plans 1.5Mta Ropar expansion02 August 2021, Published under Cement NewsIndia’s Ambuja Cements has announced plans to expand capacity at its Ropar plant in Punjab over the next two years, representing an investment of INR3.1bn (US$41.68m). The 1.5Mta project is expected to be completed by June 2023 with the grinding unit reaching a total capacity of 4.5Mta. "We are optimistic about the growth in demand for cement in India. The expansion of our Ropar unit along with more investment in the coming years will help us unlock fresh opportunities by debottlenecking e... |
Holcim launches its new group identity09 July 2021, Published under Cement NewsHolcim has launched its new group identity uniting all its market brands behind its purpose to build progress for people and the planet. Jan Jenisch, CEO at Holcim, said: "Today marks a milestone for our company in our transformation to become the global leader in innovative and sustainable solutions. Our world is changing in many ways, with population growth, urbanisation and the climate challenge. We are determined to play our part to accelerate low-carbon and circular construction s... |
Extinction Rebellion target LafargeHolcim's Paris facility05 July 2021, Published under Cement NewsMembers of Extinction Rebellion protested at LafargeHolcim’s ready-mix concrete operations in Paris, last week, denouncing what they called the firm's environmentally damaging pursuit of profit. The protest forced the company to halt operations at the Port de Javel site and divert trucks to another site. Loic Leuliette, a spokesperson for LafargeHolcim France, said the company was investing in greener cement. A day earlier, the protesters, who include activists from the NGO Soulevement... |
Cameroon’s Minister of Commerce threatens to shut down Cimencam plant01 July 2021, Published under Cement NewsCameroon’s Minister of Commerce, Luc Mbarga Atangana has informed LafargeHolcim’s Cameroon subsidiary Cimencam it will shut down the cement plant if it proceeds to increase its prices unilaterally. If the price increase goes ahead, Mr Mbarga Atangana has said that he will see himself “in the obligation to order the installation of seals on your installations.” Cement is a product that is subject to the preliminary price approval procedure. |
Holcim deploys digital logistics platform29 June 2021, Published under Cement NewsHolcim is deploying its industry-leading Transport Analytics Center (TAC) globally to optimise its logistics for enhanced efficiency, safety and sustainability. TAC is currently active across 50 markets worldwide, covering 1.4bn km each year, with tracking systems in more than 60,000 trucks. This state-of-the-art digital platform contributes to the company’s net zero journey by reducing its Scope 3 emissions, in line with its industry-first target. TAC optimises logistics in a data-driven... |