Cement News tagged under: LafargeHolcim
Ambuja Cement increases volumes by 7% in 4Q2019 February 2021, Published under Cement NewsLafargeHolcim's Indian subsidiaries, Ambuja Cement and ACC Ltd, reported high sales volumes in the 4Q20. Ambuja Cement's financial performance for the 4Q20 saw volumes grow by seven per cent, while ACC Ltd's net sales during the quarter increased to INR40,660m (US$560.1m) compared to INR39,700m last year. Ambuja Cement 4Q20 Ambuja Cement's sales were supported by strong prices and a 14 per cent YoY growth in net sales. Net sales during the quarter stood at INR34,680m compared to INR30,3... |
ACC posts 73% YoY rise in net profit12 February 2021, Published under Cement NewsIndia’s ACC (LafargeHolcim) has reported a 73 per cent rise in net profit to INR4.72bn (US$64.82m) in the December quarter, compared to INR2.73bn in the year-ago period. Revenue advanced two per cent YoY to INR40.66bn from INR39.7bn, while EBITDA increased 30 per cent YoY to INR7.01bn. Cement sales volumes were largely flat at 7.71Mt from 7.76Mt in the October-December 2019 period. "We are encouraged by the government's increased spending on infrastructure development, particularly roa... |
LafargeHolcim and Schlumberger New Energy explore CCS10 February 2021, Published under Cement NewsLafargeHolcim and Schlumberger New Energy will explore the development of carbon capture and storage (CCS) solutions. The two companies will study the feasibility of capturing carbon from two LafargeHolcim cement plants, based in Europe and North America, using Schlumberger’s carbon sequestration technologies. Magali Anderson, chief sustainability officer of LafargeHolcim: "Today’s announcement is further proof of LafargeHolcim’s environmental leadership and commitment to pioneer new s... |
Holcim Mexico launches Holcim Supra range04 February 2021, Published under Cement NewsFollowing years of research at its Center for Technological Innovation for Construction and with international support of LafargeHolcim’s Innovation Center in Lyon, France, Holcim Mexico has launched a new product range, Holcim Supra. The new product family is the only smart 3-in-1 technology that, in addition to repelling water, optimises production processes and protects works from environmental agents, keeping them in good condition for longer, says Holcim Mexico. Holcim Supra is aime... |
LafargeHolcim to close Contes cement line04 February 2021, Published under Cement NewsLafargeHolcim will shut down cement production at its Contes plant in the Alpes-Maritimes region of France. Aggregate production at the site will not be affected by the reorganisation. A reorganisation plant was presented to the company’s social partners on 3 February. It is expected that 65 direct job and approximately 300 indirect jobs will be impacted by the closure is scheduled for the start of 2022. |
LafargeHolcim makes two bolt-on aggregate acquisitions02 February 2021, Published under Cement NewsLafargeHolcim announces the acquisition of Edile Commerciale and the signing of Cemex Rhone Alpes, both suppliers of ready-mix concrete and aggregates, located in Milan, Italy, and Lyon, France. With 35 ready-mix concrete plants, these operations strengthen LafargeHolcim’s position in areas with strong demographic trends and key infrastructure projects. These two bolt-on acquisitions add to eight similar transactions carried out by LafargeHolcim in 2020, as a key driver of its growt... |
LafargeHolcim joins the MIT Climate and Sustainability Consortium29 January 2021, Published under Cement NewsLafargeHolcim has joined the MIT Climate and Sustainability Consortium (MCSC) as a founding member, representing the building materials industry, to accelerate climate action through innovation. The company joins a range of influential other sector leaders to work with MIT’s world-class research teams to develop scalable solutions to tackle climate change. Jan Jenisch, LafargeHolcim CEO: "I am committed to building a net zero future, driving innovative and sustainable building solut... |
LafargeHolcim to hosts European open innovation day28 January 2021, Published under Cement NewsThe European Innovation Council (EIC) and LafargeHolcim are launching a joint EIC Corporate Day dedicated to sustainable construction. With both organisations committed to building a 'net zero' future, they are gathering some of the most innovative start-ups in Europe in their first digital forum together. LafargeHolcim partners with hundreds of start-ups around the world in a unique open innovation ecosystem to scale-up breakthrough ideas in green construction. The European Commission... |
Lafarge Africa to sell 35% stake in Ghana operations25 January 2021, Published under Cement NewsFollowing an emergency meeting of its Board of Directors, LafargeHolcim-owned Lafarge Africa Plc reached an agreement to offload its 35 per cent holding in Ghana-based Continental Blue Investment after years of loss-making. The step is the second major divestment in less than two years after Lafarge Africa’s US$316m sale of its South African subsidiary in July 2019. Proceeds of this deal went to settling Lafarge Africa’s debt to Caricement BV in a debt-to-equity swap, improving the company... |
Lafarge Canada's Richmond plant completes phase II of Project CO2MENT22 January 2021, Published under Cement NewsLafarge Canada Inc (LafargeHoldim group), Svante Inc and Total SA have reached a major milestone of project CO 2 MENT , a first of its kind partnership to capture industrial levels of CO 2 emissions from a cement plant. The multi-phase project celebrates the completion of phase II, construction to have the technology to capture and filter the CO 2 from the flue gas. This is a crucial component to achieve the next stage of capturing CO 2 flow at the Lafarge Richmond cement facili... |