Cement News tagged under: LafargeHolcim
Geocycle India to help reduce plastic waste leakage19 May 2021, Published under Cement NewsGeocycle India, the in-house waste management arm of LafargeHolcim’s Ambuja Cements and ACC, will implement its Bubble Barrier technology at the Mantola Canal in Uttar Pradesh, to tackle plastic waste leakage. "The Geocycle Bubble Barrier is an innovative concept based on existing technology which makes smart use of a combination of natural currents and a bubble curtain to channel plastic waste towards the banks of rivers and canals instead of it flowing directly into the Yamuna river, fr... |
Lafarge Canada targets energy reductions in Edmonton17 May 2021, Published under Cement NewsLafarge Canada Inc has participated in three Edmonton City initiatives, d emonstrating how local community and businesses can underpin an energy transition. The three initiatives are: Corporate Climate Leaders, Building Energy Retrofit Accelerator Rebate, and Energy Benchmarking. As a part of the endeavour, Lafarge measured the energy consumption (natural gas and electricity) of its participating buildings with over 400 local buildings. From there, and with the help of a rebate from the B... |
LafargeHolcim makes Greek acquisitions05 May 2021, Published under Cement NewsGreece-based Heracles Group (LafargeHolcim) has signed an agreement with HeidelbergCement’s Halyps subsidiary, which will see Heracles acquire its aggregates business and two ready-mix concrete plants in Athens, Greece. The acquisition will strengthen the company’s position to support Athens’ thriving metropolitan area and key infrastructure projects with sustainable building solutions, according to a press release. This is LafargeHolcim’s fifth bolt-on acquisition in 2021. "I am excited ... |
LafargeHolcim reaches settlement with NY state04 May 2021, Published under Cement NewsLafargeHolcim has reached a settlement after resolving alleged environmental violations at its Ravena cement plant in New York, USA. The company will therefore pay an US$850,000 civic penalty, half of which will go to the New York state, and includes US$212,000 for a local project that would reduce pollution in the Hudson River. The company will also be required to comply with its water pollution control permit, implement updated water pollution best practices, submit a revised solid wast... |
Holcim Philippines reports 81% rise in net income27 April 2021, Published under Cement NewsHolcim Philippines reported an 81 per cent rise in net income to PHP909.35m (US$18.79m) in the first quarter of 2021, compared to PHP501.54m in the year-ago period. However, revenues declined six per cent YoY to PHP6.81bn from PHP7.27bn in the 1Q20. "We delivered an excellent performance in the first quarter due to our sustained focus on Health, Cost, and Cash," said Horia Adrian, president of Holcim Philippines. The company has also announced the temporary suspension of operations a... |
Heracles Cement launches Improved ECOPact concretes27 April 2021, Published under Cement NewsHeracles Group (Lafargeholcim) has released a new series of ECOPact concretes, adding to its 'green' product portfolio. This is the first series of concrete in the Greek market with low-carbon footprint, claims Heracles Cement. Based on an improved composition of CEM II 32.5 N cement , which bears the 'green' ECO mark of LafargeHolcim, the ECOPact concrete series is distinguished for improved sustainability performance, as it is produced with 30 per cent lower CO emissions compared to tra... |
LafargeHolcim reports outstanding 1Q21 results in Asia Pacific26 April 2021, Published under Cement NewsLafaregHolcim's Asia Pacific division recorded strong cement sales of 18.9Mt, and increase of 19.6 per cent from 15.8Mt in the 1Q20. Aggregate sales also rose to 7.6Mt, up 35.4 per cent on the 5.6Mt recorded in the 1Q20. Ready-mix concrete sales totalled 2Mm 3 , down 5.8 per cent from 2.1Mm 3 in the 1Q20. "The Asia Pacific region showed record performance with strong growth in cement volumes. India’s outstanding performance was supported by excellent volumes as well as effective price an... |
LafargeHolcim improves its sustainability performance and ESG rating26 April 2021, Published under Cement NewsLafargeHolcim announced that its sustainability achievements in 2021 were ranked ranked first in its sector by Vigeo Eiris, giving the company its highest rating of A1 + . LafargeHolcim was also named best in its sector in terms of transitioning to a low-carbon economy. This rating places LafargeHolcim within the top two per cent of companies ranked worldwide. The Solar Impulse Foundation endorsed 10 LafargeHolcim green building solutions. The labelled solutions contributed to the Solar... |
The search is on for new investors in Brazil's cement sector23 April 2021, Published under Cement NewsBrazil's cement market has been the focus of much attention in recent weeks firstly, with the completion of the CRH cement assets in the country to Companhia Nacional de Cimento (CNC), and more recently the unconfirmed reports that Banco Itau BBA is preparing to advise on the divestment of LafargeHolcim's Brazilian unit. The sale of the Swiss multinational's cement interests in Brazil is expected to raise up to US$1.5bn, according to analysts UBS European Building Materials . These fund... |
LafargeHolcim sees net sales rise 7% in 1Q2123 April 2021, Published under Cement NewsLafargeHolcim recorded a record start to 2021, led by net sales improving by 7.4 per cent and an increase in recurring EBIT of 130.7 per cent compared to the prior year period, both on a like-for-like basis. Cement volumes grew by 5.6 per cent for the group and ready-mix concrete volumes increased by 2.2 per cent, while aggregates volumes decreased by four per cent, all on a like-for-like basis. Cement sales totalled 47.3Mt compared to 44.9 per cent in the 1Q20. Aggregate sales tota... |