Cement News tagged under: LafargeHolcim
Poland: LafargeHolcim awards A TEC upgrade contract20 February 2017, Published under Cement NewsTo reduce the chlorine contents without causing substantial thermal losses in the kiln line, LafargeHolcim awarded A TEC a contract for upgrading its existing REDUCHLOR ® Bypass in Kujawy, Poland. Based on detailed computational fluid dynamics and process simulations, the existing bypass rate will be expanded from five to 10 per cent. This increase of the bypass rate has been realised under the precondition to keep the existing main equipment of the bypass such as bypass filter and bypas... |
The world in 2016 and outlook for 201710 February 2017, Published under Cement NewsThis year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por... |
LafargeHolcim to host innovation start-ups10 February 2017, Published under Cement NewsLafargeHolcim has launched a plan to scale up its access to innovative construction solutions through collaborating with entrepreneurs. The Start-Up Accelerator will offer young companies on-site accommodation and the use of the facilities at the Group's Research & Development Center in Lyon, France, to develop, test, and market their solutions in construction and urban planning. Group Head of Growth & Innovation at LafargeHolcim, Gérard Kuperfarb, said: "With the Start-up Accelerator we ... |
India: ACC reports 2.7% advance in net profit in 201607 February 2017, Published under Cement NewsThe Indian LafargeHolcim subsidiary ACC Ltd reported a 2.7 per cent reduction in cement deliveries for 2016 to 22.99Mt, while in the 4Q16 the reduction was 9.1 per cent to 5.45m, slightly less than the 9.6 per cent to 5.07Mt seen in the 3Q16. Ready-mixed concrete deliveries, however, rose by 10.7 per cent to 2.59Mt. Volumes are expected to show increases during 2017. The turnover declined by 4.3 per cent to INR109.46bn (US$1.62bn) while EBITDA came off by 7.5 per cent to INR14.21bn. The... |
LafargeHolcim expected to announce merger deal for ACC and Ambuja Cements06 February 2017, Published under Cement NewsLafargeHolcim, the parent company of ACC and Ambuja, is considering merging its two Indian cement majors, sources told CNBC-TV18. LafargeHolcim owns 63 per cent in Ambuja Cements. In November last year, the parent company had increased its stake in ACC and Ambuja Cements by four and two per cent, respectively. Ambuja Cements, already owns a 50.05 per cent stake in ACC. LafargeHolcim said it did not wish to comment on speculation, but sources tell CNBC-TV18 that the merger is likely to hap... |
LafargeHolcim to take part in Global Framework Agreement03 February 2017, Published under Cement NewsGlobal trade unions represented by IndustriALL Global Union and Building and Wood Worker's International (BWI) met with representatives of LafargeHolcim on 23 January 2017 to launch the process for developing a Global Framework Agreement. All parties agreed their mutual intent to begin to draw up a Global Framework Agreement that will prioritise four key pillars: fundamental rights, health and safety, exchange of information and solution of conflicts and contractors management. "We str... |
Emerging markets to remain unpredictable in 201703 February 2017, Published under Cement NewsThe year 2017 is expected to be a difficult one to negotiate for large cement corporations that have high exposure to emerging markets as major price and volume issues are now surfacing. In recent years several of the major cement groups sought to focus investment and new capacity in the emerging markets, safe in the knowledge that these markets would be the engine of cement consumption growth in the long term. Currently, 60 per cent of LafargeHolcim's EBITDA exposure is in the emergin... |
LafargeHolcim's Olsen welcomes US infrastructure pledge18 January 2017, Published under Cement NewsEric Olsen, CEO of LafargeHolcim, has welcomed President-elect Donald Trump’s commitment to increasing infrastructure spending in the United States, CNBC reports. "We've believed for many years the US needs a significant boost in infrastructure, if you look at the status of bridges, roads... core infrastructure in the US needs real investment and we're heartened to see that that's coming", Mr Olsen said. "Infrastructure payments typically pays off 2.5 times for what you do. You need to... |
Alternative ambitions16 January 2017, Published under Cement NewsLafargeHolcim’s leadership in reducing CO 2 emissions in the cement industry is spurring the group to make additional investments and further lower such emissions going forward. Its commitment to alternative fuels and the company’s increasing use of them to replace traditional fuels is key to achieving its ambitious CO 2 targets. By LafargeHolcim, Switzerland. As part of its 2030 plan, LafargeHolcim aims to ramp up alternative fuels usage to help reduce net specific CO 2 emissi... |
Spain: LafargeHolcim Valencia plant cuts production13 January 2017, Published under Cement NewsLafargeHolcim's cement plant in Sagunto, Valencia, Spain, cut production by almost 10 per cent in 2016 in response to the import restrictions imposed by Algeria, its biggest market. The group is exploring its options to sell the Valencia product cement elsewhere, with Colombia being a potential buyer. In addition, LafargeHolcim holds a permit to extract sand and gravel from the Salt de Llop quarry, but this is due to expire in December 2017. The municipal government in Sagunto is repor... |