Cement News tagged under: Switzerland
Holcim to invest over US$2bn in CCUS31 March 2023, Published under Cement NewsHolcim plans to invest CHF2bn (US$2.187bn) by 2030 in carbon capture, utilisation and storage (CCUS) technologies to capture more than 5Mt of CO 2 each year. According to its second climate report, the company aims to reach 420kg of CO 2 per tonne of cementitious materials by 2030. Jan Jenisch, CEO of Holcim, said, “Holcim is accelerating its climate action with upgraded net zero targets and a clear commitment to invest CHF2bn in CCUS technologies by 2030. We are committed to scalin... |
Holcim Argentina acquires 51% stake in Quitam SA29 March 2023, Published under Cement NewsHolcim Argentina has acquired a 51 per cent stake in paints and liquid membranes producer Quitam SA. According to Holcim, the move is “aligned with the Holcim Group strategy focused on expanding its portfolio with products and services that provide comprehensive solutions for construction.” The deal includes a paint and coatings factory with an installed production capacity of 40m litres per year. Holcim plans to supply Quitam’s products to the market through its existing retail network... |
Bamburi Cement announces new CEO24 March 2023, Published under Cement NewsKenya's Bamburi Cement (part of the Holcim Group) has appointed Mohit Kapoor as its new chief executive officer, effective from 1 April 2023. Mr Kapoor replaces Seddiq Hassani who has left the company after five years at the helm, reports Business Daily Africa. Mr Kapoor has over 20 years’ experience in corporate leadership having held several high level management positions within the Holcim Group, including CEO of Holcim Qatar and head of growth and innovation at Holcim India. Bam... |
Holcim supplies landmark Croatian tunnel20 March 2023, Published under Cement NewsHolcim has supplied more than 120,000m 3 of its ECOPact low-carbon concrete to a tunnel project in Croatia, reducing the project’s CO 2 emissions by 30 per cent. In addition, material from the excavation of the tunnel was used in the manufacture of the concrete, saving over 200,000t of virgin aggregates. The Istrian Y Motorway is a landmark project in Croatia, which relies heavily on its tourism industry. The current phase of the Istrian Y Motorway involves converting the remaining pa... |
Holcim extends sales channels in Mexico13 March 2023, Published under Cement NewsHolcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of US$71m. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing needs to tools and adhesives all the way to electrical and plumbing supplies. The acquisition includes INDAR’s nine distribution centres around the country, as well as its fulfilment centre ... |
Holcim Switzerland start deliveries with Hugelshofer Logistik electric truck09 March 2023, Published under Cement NewsA fully-electric truck from Hugelshofer Logistik AG is supplementing Holcim Switzerland’s fleet of electric vehicles and delivering cement quietly and without CO 2 emissions to concrete plants in Thurgau. Electric mobility is an important step for Holcim Switzerland in the development of its sustainable transport solutions. “Two years ago, Holcim was one of the first building materials manufacturers in Switzerland to put electric mixer trucks on Swiss roads in the regions of Basel, ... |
Holcim launches digital twin cement plant in Switzerland03 March 2023, Published under Cement NewsHolcim claims it has launched the world’s first cement plant digital twin, a real-time 3D virtual model accurately replicating one of its sites in Switzerland. The digital twin integrates Holcim’s enterprise software and performance prediction algorithms with the 3D model, enabling faster, more efficient and more reliable operations at minimal cost. The project is part of Holcim’s Plants of Tomorrow programme , deploying Industry 4.0 technologies across its sites for enhanced eff... |
Magali Anderson joins Anglo American Plc01 March 2023, Published under Cement NewsGlobal mining company, Anglo American, has announced that Magali Anderson will join its Board as a non-executive director and a member of its Board Sustainability Committee, with effect from 1 April 2023. Ms Anderson is chief sustainability and innovation officer of Holcim Group and a member of its executive committee. A mechanical engineer, she has spent the majority of her career in the oil and gas industry in a number of operational, commercial and business transformation leadership roles... |
Holcim announces plans for new chairman27 February 2023, Published under Cement NewsHolcim has announced that Beat Hess, chairman of the company since 2016, has decided not to seek re-election to the Board of Directors at the AGM in May 2023. The board intends to propose Jan Jenisch, current CEO of Holcim, as the new chairman. Subject to the vote, Mr Jenisch will succeed as the chairman and continue as CEO of Holcim for a limited duration. According to the company, this double mandate is for a limited duration and a CEO successor will be announced within the next 12 month... |
Holcim reports net sales of CHF29,289m in 202224 February 2023, Published under Cement NewsHolcim reported its financial results for 2022 announcing net sales of CHF29,189m (US$31.2m) for 2022. This was a 12.9 per cent rise on a LfL basis compared to the prior year. The increase was driven by the fast expansion of the Solutions & Products division, which grew by 54 per cent compared to the previous year. Holcim CEO, Jan Jenish, said: " In 2022, we delivered record financial results with CHF 29.2bn in net sales, CHF 4.8bn in recurring EBIT, 9.5 per cnet ROIC and a record ... |