Cement News tagged under: LafargeHolcim
USA: Exshaw modernisation produces first clinker10 June 2016, Published under Cement NewsThe Lafarge plant at Exshaw celebrated a key accomplishment as groundwork continues for the next chapter in the cement plant's 100-plus-year history. The Exshaw expansion is currently the biggest global investment Lafarge is undertaking, and now the cement company is able to see the rewards of its expensive expansion come to life. First clinker was achieved at the multi-hundred million-dollar plant expansion from the newly-established Kiln 6. “What we achieved (on May 22) was a major... |
Indian producers line up for LafargeHolcim's Sri Lankan operations10 June 2016, Published under Cement NewsA shortlist of potential buyers in the sale of LafargeHolcim's Sri Lankan operations have been named as Dalmia Bharat, Shree Cements along with Ramco after an initial round of screening. The global cement major is divesting its business in Sri Lanka as part of a global portfolio realignment. With an estimated 2.3Mta grinding capacity and a 1.8Mta clinker capacity, it currently controls 40 per cent of the 6Mta Lankan market, said analysts tracking the sector. To put it in perspective, the ... |
Sri Lanka: LafargeHolcim to exit market03 June 2016, Published under Cement NewsLafargeHolcim is to sell its operations in Sri Lanka - a bagging plant, a grinding plant and the island's only integrated facility - as part of its wider divestment strategy, EconomyNext reports. At least three local firms are though to be interested in bidding for Holcim Lanka, which generated 1.7Mt of sales in 2015 with revenues of LKR23.4bn (US$158m). |
Ambuja Cement adds 0.9Mta to Sankrail grinding unit25 May 2016, Published under Cement NewsIndia’s Ambuja Cement has added 0.9Mta of capacity to its Sankrail grinding unit near Kolkata. The INR3.38bn (US$50.2m) project was commissioned on 24 May 2016. As a result of the expansion, the plant’s current capacity now stands at 2.4Mta. The project included installation of 140tph Thyssenkrupp roller press, increasing the capacity of Cement Mill 1 to 235tph in combo grinding and two additional 240tph packers. Speaking on the occasion, Ajay Kapur, MD CEO Ambuja Cements said, "I am... |
Brazil: LafargeHolcim opens new production line in Barroso24 May 2016, Published under Cement NewsLafargeHolcim has begun production at a new line in its Barroso plant in the state of Minas Gerais, Brazil. The new line raises the plant's capacity to 3.6Mta. Equipment includes the world's largest vertical cement mill, with 450tph production capacity as well as a Horomill for raw material grinding with low power consumption, and a fully-automated quality control laboratory. The new line will allow the reduction of total costs per tonne of cement by around 25 per cent from 2014 to 2017. ... |
LafargeHolcim appoints head of organisation and Algeria CEO24 May 2016, Published under Cement NewsLafargeHolcim has appointmented Caroline Luscombe as the group’s new head of organisation and human resources and member of the executive committee from 1 July 2016, based in Zurich. Caroline will take over responsibility for organisation and human resources from Jean-Jacques Gauthier, chief integration officer – organisation and human resources, who will be taking up a post as country CEO Algeria. Caroline Luscombe joins LafargeHolcim from Syngenta where she has been head of human resourc... |
Quarterly results disappoint as LafargeHolcim struggles to consolidate13 May 2016, Published under Cement NewsLafargeHolcim's results for the first quarter of 2016 have disappointed analysts as the company announced that EBITDA had fallen by 17 per cent on like-for-like terms compared to the same period in 2015. Despite volume sales of cement, aggregates and ready-mix all rising modestly, LafargeHolcim’s revenues were up just 0.1 per cent like-for-like. The firm cited "challenging" conditions in Nigeria, Brazil and India as the reason for slow growth. The market reacted negatively to the annou... |
LafargeHolcim: cement volumes up 1.4% but revenues flat12 May 2016, Published under Cement NewsIn its results for 1Q16, LafargeHolcim announced that cement volume sales rose by 1.4 per cent YoY with the Asia-Pacific region accounting for most of the improvement. Like-for-like revenues were almost unchanged on 1Q15, rising by just 0.1 per cent to stand at CHF6.062bn (US$6.244bn). In the earnings statement, LarfargeHolcim cited “challenging” conditions in Nigeria, Brazil and India as the reason for slow growth. The company also noted that the first quarter typically saw less activity... |
Sri Lanka: Holcim Lanka inaugurates new transport model11 May 2016, Published under Cement NewsLafargeHolcim subsidiary Holcim Lanka has begun operations of a new ship-to-rail road hybrid model for the transportation of its raw materials. The state railway will transport Holcim cement related raw materials by rail from the Eastern port of Trincomalee to the Mahawa railway station where the company's dedicated trucks will then transport the materials to the Puttalam Cement Works Plant. Holcim Lanka Procurement and Logistics Director, Charith Wijendra, said: "It is critical we pro... |
LafargeHolcim launch 2030 sustainability programme10 May 2016, Published under Cement NewsLafargeHolcim has announced a new group sustainability strategy called "The 2030 Plan" which sets ambitious long-term goals to help the company lead in sustainability and set new standards. The plan encourages the entire construction industry to provide solutions to some of the planet’s biggest issues. It sets a vision and defines the next steps in that direction. Quantitative targets relate to the company’s direct and indirect impacts over the life-cycle of its products and services. Ther... |