Cement News tagged under: LafargeHolcim

RSS feed

LafargeHolcim Bangladesh initiates plastic waste facility

20 February 2024, Published under Cement News

LafargeHolcim Bangladesh ( Holcim group ) and Sylhet City Corp (SCC) launched a joint initiative to install a material recovery facility at BDT153m (US$1.39m) to sustain plastic waste in Sylhet, eastern Bangladesh. This is the country’s first municipal solid waste and plastic waste segregation plant, enabling the automatic segregation of non-biodegradable plastic products. MD Tajul Islam, minister for local government, rural development and cooperatives (LGRD), recently inaugurated the fa...

LafargeHolcim Morocco inaugurates Sustainable Construction Lab

22 January 2024, Published under Cement News

LafargeHolcim Morocco has inaugurated  its sustainable Construction Lab (SCL), its research and innovation centre, in the presence of several personalities from the construction sector. With an indoor and outdoor space, the showroom aims to present in an innovative and attractive way the latest products and construction solutions developed by LafargeHolcim Morocco and its partners. This will allow visitors to enjoy an immersive experience and to project themselves into the diversity of ...

LafargeHolcim Bangladesh registers a 58% growth in profit during 9M23

13 November 2023, Published under Cement News

LafargeHolcim Bangladesh ( Holcim group ) saw a 58 per cent YoY growth in profit to BDT5.21bn (US$77.2m) for January-September 2023 period against BDT3.308bn earned in the corresponding period of last year, according to company financial results. The profit growth was possible due to a 55 per cent growth in operating profit to BDT6.63bn in 9M23. During the period, the company's sales volume stood at BDT21.64bn from BDT16.98bn, a rise of 27.4 per cent up from the same period of the previou...

Bangladesh cement producers switch to VRMs and roller presses

31 August 2023, Published under Cement News

Bangladesh cement manufacturers are replacing their traditional ball mills (TBMs) with sophisticated vertical roller mill (VRM) and roller press (RP) equipment, reports the Daily Star. Although VRM and RP-based manufacturing lines are three times costlier than the traditional ones, advanced technologies can help sustain businesses in the long run. Nine large companies -  Shah Cement , Bashundhara Cement , Fresh Cement, Premier Cement Mills , Seven Rings , Crown Cement , LafargeHolcim ,...

LafargeHolcim Bangladesh posts growth of 66% in 1H23

24 July 2023, Published under Cement News

LafargeHolcim Bangladesh Ltd (LHBL) has reported a 66 per cent growth in profit to BDT3615m (US$33.3m) in 1H2023 (Jan-Jun 2023) compared to BDT2173m in the same period last year, according to the company’s unaudited financial result made public on 19 July. The net sales increased to BDT15,256m from BDT11,272m, translating to a 35 per cent expansion during this period. Iqbal Chowdhury, CEO, said: “We achieved this performance together. My thanks, therefore, go to our employees, bus...

LafargeHolcim Maroc reports 31% drop in net income

24 March 2023, Published under Cement News

LafargeHolcim 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 income

28 September 2022, Published under Cement News

LafargeHolcim 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 sale

28 February 2022, Published under Cement News

Installed 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 agreement

02 December 2021, Published under Cement News

The 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 expected

02 August 2021, Published under Cement News

LafargeHolcim (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...