Cement News tagged under: holcim
Holcim arrange shareholding agreement for Elite Cementos09 November 2023, Published under Cement NewsThe shareholders of the company Élite Cements SL , Grupo Simetry and Holcim España, have reached an agreement by which Holcim acquires the entire share capital of Élite Cements, thus becoming the sole partner of the company. Elite Cementos, located in the port of Castellón-el Grao, will continue to operate under the same brands and will continue its commercial activity, under Holcim Spain . For its part, Simetry Group continues with its diversification strategy. In recent years, Si... |
Holcim sets out European ambitions08 November 2023, Published under Cement NewsHolcim intends to drive profitable growth in Europe, reaching CHF10bn (US$11.1bn) in net sales and CHF1.6bn in EBIT by 2026 with increasing margins. According to the company, its ambition is to achieve annual organic growth of above four per cent in net sales and more than eight per cent in recurring EBIT to 2030 in Europe, while reducing CO 2 per net sales by 60 per cent compared to 2020. Miljan Gutovic, region head Europe, said, “Europe offers the most advanced regulatory environmen... |
Holcim sees 4% organic growth in 3Q23 sales27 October 2023, Published under Cement NewsHolcim reported net sales of CHF7340m (US$8147m) in the third quarter of 2023, down 8.8 per cent in absolute figures but up 4.3 per cent organically when compared with the 3Q22 when net sales reached CHF8045m. Recurring EBIT increased by 3.1 per cent (14.1 per cent organically) to CHF1600m in the 3Q23 from CHF1551m in the 3Q22. Jan Jenisch, Holcim chairman and CEO, said: “Q3 confirms Holcim’s strong earnings profile, with broad-based growth drivers delivering another increase in profita... |
Holcim España invests in renewable fuels at Carboneras plant25 October 2023, Published under Cement NewsHolcim España has reinforced its commitment to decarbonisation by investing in facilities for the use of renewable fuels at its Carboneras cement plant in Almería, Spain. The EUR4m project ensures that the plant is now capable of sourcing 70 per cent of its thermal energy requirements from renewable fuels, resulting in a reduction of more than 22,000t of CO 2 emissions linked to energy use. Attending the inauguration of the new facilities, Jorge Paradela, minister of industry, energy ... |
Campulung modernisation is completed23 October 2023, Published under Cement NewsKHD has successfully delivered upgrades to the pyroprocessing and cement grinding lines at Holcim Romania ’s Campulung cement plant . The project increases clinker production capacity at the plant and underlines KHD’s reputation as an expert and reliable partner for value-enhancing plant modernisation projects. “The Campulung project is a clear mark of confidence in our ability to design, engineer, and execute plant upgrade projects from one of the world’s largest cement producers,”... |
Holcim Romania expands Campulung plant10 October 2023, Published under Cement NewsHolcim (Romania) SA is investing over EUR25m to expand its cement plant in Campulung by 20 per cent. The investment will not only address the need for cement by the Romanian construction market, it will also help improve the plant’s sustainability by streamlining its logistics and reducing CO 2 emissions from the long-distance transportation of cement materials, according to Holcim. Holcim runs three facilities in Romania, located in Campulung, Alesd and Turda . |
Lafarge Canada's Exshaw plant signs 38.5MW solar power project09 October 2023, Published under Cement NewsLafarge Canada Inc ( Holcim ) and ATCO Ltd announced that they have entered into a 12.5-year virtual power purchase agreement (VPPA). Under this agreement, Lafarge’s Exshaw cement plant will receive 100 per cent of the solar energy produced by the 38.5MW Empress Solar project, meeting 34 per cent of the plant’s power requirements through 2036. "We’re continually assessing ways we can reduce our environmental impact while actively pursuing sustainable solutions within our operations,”... |
Implications of EU's call to ban climate-neutral offsetting06 October 2023, Published under Cement NewsThe EU institutions finalised a new law on 19 September 2023 to enact a sweeping ban to combat erroneous claims of sustainability. Companies will be prevented from 'greenwashing', a term used to describe the practice of making misleading claims about a product's climate friendliness. Gilles Dufrasane, policy lead at Carbon Market Watch, says: "The EU is sending a powerful signal to the voluntary carbon market: the era of offsetting is over." What does this mean for the cement sector? For ... |
JSW Cement makes approach for Heidelberg Material's Indian cement operations03 October 2023, Published under Cement NewsJSW Cement , the building materials business of steelmaker JSW Group , is in initial talks with Germany's Heidelberg Materials to acquire the latter's 13.4Mta cement businesses in India, according to The Economic Times of India. JSW Group has reportedly made an unsolicited offer to acquire Heidelberg Materials' local entities that primarily have capacities in the Indian peninsular. The report further added that Heidelberg Materials is yet to make a final call on its India exit str... |
LafargeHolcim Bangladesh sets up rainwater storage for the community02 October 2023, Published under Cement NewsLafargeHolcim Bangladesh Ltd ( Holcim group ) inaugurated a “Rain Water Harvesting for Safe Drinking Water for the Community” project near its plant in Chhatak , Sunamganj, on 29 September 2023. The availability of safe drinking water in Chhatak has always been a community concern. In most cases, the community people have to collect water from the pond and other sources, which is unsafe to drink and leads to various waterborne diseases, according to the company. LafargeHolcim Banglades... |