Cement News tagged under: holcim
Fitch Ratings: mixed picture for EMEA companies27 November 2012, Published under Cement NewsFitch Ratings says 3Q12 results reported by Fitch-rated Europe Middle East and Africa (EMEA) cement companies, Holcim Ltd ('BBB'/Stable), HeidelbergCement AG ('BB+'/Stable) and Lafarge SA ('BB+'/Stable) showed a number of positives, but confirmed that general market conditions are still challenging and the outlook remains uncertain. Europe disappoints The European markets represented a negative surprise, mainly due to a weakening in volume sales. This not only reflects some peripheral ... |
Holcim continues Colombian feasibility study26 November 2012, Published under Cement NewsHolcim approved the continuation of the feasibility study to build a new cement plant in Colombia. According to Miguel Angel Rubalcava, Holcim’s president in Colombia, the investment is around US$600m. "We are evaluating the departments of Bolivar and Antioquia, as possible locations for its site but we have not decided," he said. The new 2Mta works would generate about 1000 direct and indirect jobs and would benefit from the latest technology, minimal environmental impact and maximum ... |
Holcim makes centenary CHF5m donation23 November 2012, Published under Cement NewsFor 40 years, the Ernst Schmidheiny Foundation has been supporting special project weeks designed to provide young people in Switzerland with a grounding in economics and business management. As part of its centenary celebrations, building materials group Holcim is making a donation of CHF5, in recognition of the major commitment shown by the Foundation and its partners. A core element of the Ernst Schmidheiny Foundation are the so-called Economy Weeks, which, over a period spanning 40 ye... |
Holcim increases cement price 6.6% in Mauritius15 November 2012, Published under Cement NewsHolcim has announced a rise in its cement prices in Mauritius. Customers will pay MUR211.60, up from the current MUR198, representing an increase of 6.6 per cent. The increase will cover both OPC and Ecocem. Bulk cement prices will reach MUR4163/t, ex-works. Holcim (Mauritius) has attributed the cost due to an increase in fixed costs as well as “improving Ecocem, which passes into a higher strength class”, and the devaluation of the rupee. Meanwhile, Lafarge (Mauritius) Cement has said it... |
Holcim to invest US$20m to develop Ruhuna plant capacity14 November 2012, Published under Cement NewsHolcim Sri Lanka will invest US$20m to develop grinding capacity at the Ruhuna plant in Galle to meet the future demand in emerging markets. Vice president marketing and sales Viraj Gunasekera said that the grinding capacity will be increased by 600,000t once the work is completed in 2013. At present the production stands at 400,000tpa. He said the hotel chains in the north and east has just started work and there will be a rapid growth of demand for cement in the next 2-3 years. The GDP g... |
Holcim: October ‘1209 November 2012, Published under Cement NewsHolcim is planning a considerable investment in modernising its Volsk works in Russia, which is currently using a wet process production system. Work is expected to start during the second quarter of 2013 and completion is scheduled for the third quarter of 2016. An official announcement about the exact plans is expected fairly shortly. Holcim Hungary is to close its Labatlan works next year. Closure had previously been deferred until 2016, with a new works to be commissioned by then. The... |
Emerging markets, North America drive Holcim performance07 November 2012, Published under Cement NewsHolcim reported a rise in cement deliveries for the first nine months of 2012 supported by pricing improvements. Emerging markets continue to support growth together with stronger demand for building materials in North America, but the Europe and Middle East and Africa divisions register declines. Commenting on its results, the company said in a statement: “Holcim continues to have the advantage of a strong presence in emerging markets, where construction activity remains high. This uniqu... |
Holcim to modernize Volsk cement plant, Russia24 October 2012, Published under Cement NewsHolcim Russia plans to invested EUR350m for the modernization of its Volsk plant. The project will include the installation of a new semi wet-process production line with a capacity of 4500tpd, replacing the wet process technique. Construction work is expected to start in the second quarter of 2013 and the new line is scheduled to start commissioning in the third quarter of 2016. Last year Holcim commissioned a new 2.1Mta kiln line at its Shurovo plant, serving the key regional Mos... |
Five Holcim plants receive Energy Star, USA18 October 2012, Published under Cement NewsHolcim (US) Inc announced today that five of its plants have earned the US Environmental Protection Agency's (EPA) prestigious ENERGY STAR®. "It is with great pride that once again Holcim is recognized by the EPA for our continued commitment to environmentally sound practices with the ENERGY STAR® Awards," said Filiberto Ruiz, deputy chief executive officer of Holcim (US). "Protecting the environment is a priority at Holcim, and these awards reflect the determination of every Holcim employe... |
Port confident on proposed Holcim plant, New Zealand18 October 2012, Published under Cement NewsPrimePort Timaru is staying confident the proposed Holcim cement plant will go ahead despite it being further delayed, according to reports by the Timaru Herald. A said a decision on the US$500m plant, to be built at Weston near Oamaru, is now not expected until late next year. Holcim New Zealand's latest newsletter to the community said the decision was due to the continuing uncertainty of the international financial situation. More than 480 jobs will be created in North Otago during c... |