Cement News tagged under: Holcim
Lafarge Cement Zimbabwe Ltd appoint new CEO27 December 2021, Published under Cement NewsLafarge Cement Zimbabwe Ltd (Holcim group) has appointed Mr Geoffrey Ndugwa as the new CEO. Prior to his appointment, Mr Ndugwa was the CEO of Lafarge Malawi between December 2019-November 2021. He has 17 years of cement industry experience working in various capacities across Africa, including Director for Bamburi Group in Kenya, General Manager of Innovation and Marketing for Lafarge WAPCO Nigeria Plc, General Manager of Bamburi Special Projects Ltd in Kenya, Head of Business Support at... |
Holcim set to acquire Malarkey Roofing Products24 December 2021, Published under Cement NewsHolcim has signed an agreement to acquire Malarkey Roofing Products, a leading company in the US residential roofing market with projected 2022 net sales of US$600m and EBITDA of US$120m. Malarkey is complementary to Firestone Building Products’ leadership in the commercial segment, positioning Holcim as a full roofing provider. Malarkey’s strong brand recognition is driven by its leadership in innovation and sustainability with a highly circular business model, according to a press relea... |
Morocco's listed cement producers to end 2021 on positive note16 December 2021, Published under Cement NewsCement producers listed on the Casablanca Stock Exchange are expected to end 2021 with net results up 30.1 per cent YoY, according to Ecofin Agency. The positive performance is driven by active real estate and construction sectors. Holcim Group and Ciments du Maroc posted favourable operating conditions despite the COVID-19 health crisis with combined consolidated sales of MAD8.7bn (US$939m) in the January-September 2021, compared to MAD7.4bn in the 9M20. Their combined domestic cement sale... |
Holcim acquires Marshall Concrete Products15 December 2021, Published under Cement NewsHolcim completed the acquisition of Marshall Concrete Products, a longstanding and trusted supplier of concrete products and services in Minneapolis/St Paul and the surrounding metropolitan area, USA. Jan Jenisch, Holcim CEO, said: “This acquisition is another step in our Strategy 2025 to become the global leader in innovative and sustainable building solutions. We welcome the employees of Marshall Concrete Products and look forward to building on their strong customer service focus, which ... |
Holcim El Salvador awards solar park contract10 December 2021, Published under Cement NewsHolcim El Salvador awarded the contract for the construction of a solar park to AES El Salvador. The solar power facility would be built at its El Ronco cement plant in Metapan in the second half of 2022. As part of the US$19m investment AES would be responsible for the installation of 39,200 solar panels as well as the operation of the photovoltaic park for 15 years. The facility is expected to generate 17MW of renewable energy, accounting for 21 per cent of the energy required for cement... |
Holcim collaborates with authorities over Lafarge SA case03 December 2021, Published under Cement NewsHolcim is continuing to collaborate with the French judicial authorities, which interviewed a representative of Lafarge SA on 29 November 2021, for the second time since 2018, according to a press release. The development follows France’s highest court, the Cour de cassation, ruling that Lafarge’s previous indictment for complicity in crimes against humanity was wrongly cancelled by the Paris Appeals Court. In 2019, Lafarge had successfully appealed this charge, but as a result of the de... |
Holcim divests Zambian subsidiary to Huaxin Cement02 December 2021, Published under Cement NewsHolcim has closed the sale of its business in Zambia, representing a 75 per cent stake in the company, to the Chinese cement group Huaxin for an enterprise value of US$150m for 100 per cent ownership of the company. The deal was closed following approvals from Chinese and Zambian authorities. Jan Jenisch, Holcim CEO: said “This divestment is another step in our transformation to become the global leader in innovative and sustainable building solutions giving us the flexibility to con... |
Ambuja and ACC to develop new calcined clay cements29 November 2021, Published under Cement NewsAmbuja Cements and ACC have announced a partnership with the Indian Institute of Technology Delhi (IITD) to develop calcined clay cements. It will be implemented through a research project funded by the Holcim Innovation Centre in Lyon, France, and comprise of an in-depth scientific study into the influence of clinker, calcined clay and limestone on the performance of calcined clay cements. It aims to create next-generation cement with more than 50 per cent lower carbon emissions for India... |
Holcim launches new concrete product26 November 2021, Published under Cement NewsHolcim has launched a new high-performance concrete, DYNAMax, which is expected to deliver high strength, durability and rigidity alongside design freedom and sustainability, according to a press release. It will be launched in close to ten markets across Europe, Latin America, North America and Asia Pacific in 2022. Jan Jenisch, CEO Holcim, said: “I’m excited by the launch of our DYNAMax high-performance concrete, advancing our global range of innovative and sustainable building solut... |
Holcim announces its Strategy 202518 November 2021, Published under Cement NewsHolcim has announced its “Strategy 2025 – Accelerating Green Growth” to become the global leader in innovative and sustainable building solutions, following the group’s achievement of Strategy 2022 one year in advance. With “Accelerating Green Growth,” it is seeking to achieve profitable growth across all its businesses. As part of this it is expected to accelerate the expansion of its Solutions & Products business to reach 30 per cent of group sales, with this achieved through strategic i... |