Cement News tagged under: LafargeHolcim

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LafargeHolcim's takeover of Somaco to be investigated

27 August 2019, Published under Cement News

Romania's competition authority is to analyse LafargeHolcim's acquisition of Romanian precast concrete producer Somaco. LafargeHolcim had signed an agreement in July with Romanian-based Oresa for the acquisition of Somaco.  LafargeHolcim wants to develop its ready-mix and aggregates business in Romania and Somaco owns five precast concrete plants and one aerated block company. Somaco reported net sales of EUR56m in 2018. If the Competition Council is satisfied that the multinational...

Jaime Hill appointed as CEO of Holcim Mexico

27 August 2019, Published under Cement News

Jaime Hill has been appointed as the CEO of Holcim Mexico, as the company looks to strengthen operations and consolidate the firm in the cement, aggregate, concrete and value-added product sectors, according to a press release.  "I am honoured to take on this responsibility because Mexico is a key country for LafargeHolcim. In strategy 2022, we will implement a simpler and results-oriented operating model, so that we can be closer to our customers. This will involve investments in projects...

Reviving a 60s modern marvel

14 August 2019, Published under Cement News

Built in the early 1960s, the Lafarge cement plant in Ravena, New York, USA, has seen many changes. As part of a three-year modernisation project, the facility improved its grinding section with the help of Gebr Pfeiffer Inc. The project resulted in higher output as well as a more efficient and environmentally-friendly grinding process. By Chris Oesch, Gebr Pfeiffer Inc, USA. Gebr Pfeiffer installed an MVR 6000 R-6 vertical roller mill as part of the modernisation project at Laf...

LafargeHolcim and Solidia Technologies launch first commercial venture

09 August 2019, Published under Cement News

LafargeHolcim and US-based Solidia Technologies ® have announced its first commercial venture to supply EP Henry’s paver and block plant in Wrightstown, New Jersey, with a reduced-CO 2 cement. Over the past six years, the two companies have developed an innovative technology that will reduce the environmental footprint of precast concrete and validate Solidia Cement™ at a commercial scale, according to a press release. Based on Solidia Cement produced at the Lafarge Whitehall plant, th...

LafargeHolcim doubles net income and reports 4% net sales growth

31 July 2019, Published under Cement News

LafargeHolcim posted a like-for-like (LfL) net sales growth of 3.5 per cent YoY in the first half of 2019. Sales increased from CHF13.272bn (US$13.4bn) in the 1H18 to CHF13.059bn with gains in all regions but particularly thanks to favourable market conditions in Europe and north America. Recurring EBITDA (pre-IFRS16) increased 10.8 per cent to CHF2.662bn from CHF2.484bn in the previous year’s first six months. Net income attributable to share holders of LafargeHolcim Ltd more than doubled...

Ambuja Cement records 1.2% increase in standalone net sales

29 July 2019, Published under Cement News

India’s Ambuja Cement (LafargeHolcim) has announced a 1.2 per cent YoY increase in standalone net sales to INR57.59bn (US$834m) for the 1H19. EBITDA rose 2.9 per cent to INR11.62bn from INR11.29bn. However, sales volumes fell to 12.19Mt from 12.59Mt. In the second quarter, net sales declined 0.5 per cent to INR29.12bn against INR29.27bn in the year-ago period. However, EBITDA advanced 12.2 per cent to INR6.98bn from INR6.22bn. Sales volumes decreased to 5.82Mt from 6.37Mt in the 2Q18. "Am...

LafargeHolcim acquires Romanian precast concrete company

15 July 2019, Published under Cement News

LafargeHolcim has signed an agreement with ORESA to acquire Somaco, a Romanian precast concrete producer. Somaco has leading positions and operates five precast concrete plants and one plant for aerated blocks in Romania. Jan Jenisch, CEO of LafargeHolcim: "This is our sixth bolt-on acquisition this year and we are delivering on our commitment to further develop our Solutions and Products business segment as part of Strategy 2022 – 'Building for Growth'. The acquisition enables LafargeHolci...

Floods sweep away Huaxin plant under construction

15 July 2019, Published under Cement News

Floods have swept away the Huaxin Cement Industry plant under construction in Benighat Rorang Rural Municipality-2, Talti, Nepal, on the night of Sunday, 14 July, according to Khabarhub. The cement factory was swept away after the level of water in the river in Talti surged due to incessant rains continuing for three days, said Tulasi Jung Thapa, a spokesperson. No human casualties have been reported so far, but five workers have been trapped due to the floods. The property damaged is ...

Ambuja Cement to support cement activities with RMC and aggregate acquisitions

15 July 2019, Published under Cement News

LafargeHolcim-owned Ambuja Cement is looking to acquire capacity in ready-mix concrete (RMC) and aggregates business to fuel growth, according to The Business Standard, citing a company official. Analysts see the move as a step towards being a building materials company and not solely a cement maker. “Globally, cement giants have looked at developing a building materials image and not just as a cement manufacturer and the focus of Ambuja (Holcim Group) appears to be on similar lines. The fo...

LafargeHolcim launches the 'Plants of Tomorrow'

10 July 2019, Published under Cement News

LafargeHolcim has launched its 'Plants of Tomorrow' project for its application of Industry 4.0 to its cement business over the next four years. The multinational aims to eventually apply the technology to its network of more than 270 integrated cement plants and grinding stations across 50 countries. LafargeHolcim predicts that its 'Plants of Tomorrow' certified operation will show 15-20 per cent operational efficiency gains compared to the conventional plant. The company will use automati...