Cement News tagged under: Switzerland

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No large acquisitions for LafargeHolcim

29 October 2019, Published under Cement News

LafargeHolcim does not expect to be bidding for BASF’s construction chemicals business, according to CEO, Jan Jenisch. Following the divestment of some of its businesses and using the proceeds to pay down debt, the cement producer is more likely to look at smaller transactions and investment in its existing operations, Mr Jenisch said. "It's not like we have a couple of billions we want to throw at anyone. We are quite happy to have this new solid balance sheet, and have no plans to go ba...

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...

Swiss cement deliveries fall to 1.176Mt in 2Q19

08 July 2019, Published under Cement News

Cement deliveries in Switzerland declined 3.6 per cent in the 2Q19 when compared to the 2Q18, according to Cemsuisse, the Swiss cement association. Sales in the April-June quarter 2019 came in at 1.176Mt. In the 2Q18 cement sales reached 1.22Mt. In the first quarter sales increased 4.8 per cent YoY to 0.874Mt and when compared with the 1H18, total cement sales in the first half of 2019 have slipped by 0.2 per cent.

Sika sees successful start to the year

09 April 2019, Published under Cement News

Sika has reported a successful start to 2019 business year, reporting a new sales record of CHF1644.8m (EUR1462m) in the first quarter. This equates to an increase of 7.1 per cent  in local currencies. A negative currency effect (-1.3 per cent ) led to robust sales growth in Swiss francs of 5.8 per cent . Paul Schuler, Chief Executive Officer: “In a commercially challenging environment we have delivered sales growth of 7.1 per cent, which represents a strong start to the new business...

Switzerland sees 5% increase in cement deliveries

08 April 2019, Published under Cement News

Cement deliveries by the Swiss cement industry increased 4.8 per cent YoY to 874,275.2t in the 1Q19, according to the country’s cement association, Cemsuisse. It follows a 2.2 per cent YoY to 834,251.6t in the 1Q18. The market expansion was driven by a 6.8 per cent rise in the sales of lower-carbon CEM II cements. The share of CEM I cements in total deliveries continued to decline to 7.9 per cent. In addition, the share of deliveries by rail was declining with around half of deliveries m...

Swiss cement dispatches stable in 2018

11 January 2019, Published under Cement News

In Switzerland and Liechtenstein, total cement deliveries in the fourth quarter of 2018 increased two per cent YoY to 1,088,196t from 1,067,145t in the 4Q17, according to Cemsuisse, the Swiss cement association. For the full year, deliveries edged up 0.2 per cent to 4.289Mt from 4.272Mt. While import data are not yet available, they are expected to show lower imports due to reduced demand in the Swiss construction industry. Some 51.5 per cent of cement was supplied by rail, but the sh...

Switzerland sees cement deliveries fall 2% in 3Q18

10 October 2018, Published under Cement News

Cement deliveries in Switzerland  slipped 1.7 per cent YoY to 1,144,790t in the third quarter of 2018, according to Cemsuisse, the country’s cement association. In 3Q17 1,164,378t of cement was dispatched. In the January-September 2018 period dispatches remained largely stable at 3,201,205t when compared with sales of 3,205,171t in 9M17. The share of deliveries to ready-mix concrete plants has risen to 72.2 per cent  while 20.6 per cent of cement is sold to concrete plants on major const...

Swiss cement sales return to positive growth

09 July 2018, Published under Cement News

Switzerland’s domestic cement deliveries has increased 2.9 per cent YoY to 1.22Mt in 2Q18, returning to positive growth for the first time since 4Q16, according the country’s cement association, Cemsuisse. In the first half of 2018, deliveries advanced 0.8 per cent compared to the corresponding period of the previous year. However, cement deliveries by rail has decreased by 0.9 per cent to 51.6 per cent of the total.

LafargeHolcim announces jobs restructuring at corporate offices

25 May 2018, Published under Cement News

LafargeHolcim has announced proposals to simplify its corporate organisation. Around 200 corporate jobs will go and the corporate offices in Paris and Zurich will close. Remaining positions in Switzerland will be moved to the company's Holderbank site and a new corporate office in Zug. In Paris remaining positions would be moved to Clamart in the southwest of the city. The plan is targeted to be completed by the end of 2018.   Jan Jenisch, CCEO of LafargeHolcim: "This painful but necessary s...

Vigier Cement unveils world's largest electrical dump truck

24 April 2018, Published under Cement News

Vigier cement work's quarry, near the Swiss town of Bienne revealed the largest electrical vehicle in the world on Friday 20 April. The E-Dumper named 'Lynx' weighs 58t empty, with tyres measuring 2m  in diameter and nine steps up to the drivers' cabin. It was built from a diesel-powered dump truck. The fuel tank was replaced by the biggest battery ever made for an electric vehicle, which weighs 4.5t. The vehicle was formerly a diesel Komatsu dumper truck, which was disassembled and r...