Cement News tagged under: Holcim
Holcim commits to 40 per cent sustainable financing by 202410 November 2021, Published under Cement NewsHolcim announces its commitment to reach at le ast 40 per cent of sustainable financing by 2024, putting climate action, water preservation and safety at the heart of its strategy. The company has accelerated this commitment with two new sustainability-linked financing transactions worth above CHF3bn (US$3.28bn). Holcim has joined the UNGC CFO Taskforce, alongside 60 companies representing a combined US$1.7trn in market capitalisation. The taskforce aligns members’ finance strategi... |
Holcim and Cemex among founding members of First Movers Coalition05 November 2021, Published under Cement NewsHolcim and Cemex are among the companies that have joined the First Movers Coalition (FMC) as founding members at COP26 to drive green demand and carbon technologies to advance climate goals. The initiative aims to accelerate innovation and the development of early-stage decarbonisation technologies by leveraging their combined purchasing power. The coalition will work across the eight key hard-to-abate industries of cement, steel, aluminium, chemicals, shipping aviation and trucking, a... |
Holcim and Volvo Autonomous Solutions collaborate on autonomous dumper trial04 November 2021, Published under Cement NewsHolcim Switzerland and Volvo Autonomous Solutions have entered into a collaboration to jointly test and further develop the use of autonomous electric dumpers in a limestone quarry. Holcim Switzerland and Volvo Autonomous Solutions will jointly test and further develop the use of autonomous electric dumpers at Holcim's Gabenchopf quarry in Siggenthal, Switzerlandt. The battery-electric dumpers that are currently being tested mark a groundbreaking step in the industry: not only are the... |
Lafarge Algeria hits 2Mt export record03 November 2021, Published under Cement NewsLafarge Algeria, part of the Holcim group, has exported 2Mta of cement and clinker for the first time, according to a company press release. The company achieved the volume less than five years after the start of cement exports from Algeria. The 2Mta volume represents a considerable increase from the 1.2Mt of exports achieved in 2020 and puts the company firmly on the way to its 2.5Mt target by the end of this year. In 2022 the cement producer aims to export 2.6Mt. This symbolic bar of 2... |
Holcim sets 2050 entire value chain net-zero targets01 November 2021, Published under Cement NewsHolcim has set industry-first 2050 net-zero targets, validated by the Science Based Targets initiative (SBTi), building on its 2030 commitments approved in September 2020. Setting a new milestone for its sector, the group's targets cover its entire value chain, including both direct and indirect emissions, following the three ‘scopes’ established by the Greenhouse Gas (GHG) Protocol. Jan Jenisch, CEO, Holcim said: "The building sector has an essential role to play to accelerate our wor... |
Holcim sees another quarter of record profitable growth29 October 2021, Published under Cement NewsHolcim has recorded net sales of CHF7.29bn (US$7.99bn) for the third quarter of 2021, up five per cent on a like-for-like basis compared to CHF6.46bn in the year-ago period. A recurring EBIT increase of 4.7 per cent LfL to a record CHF1.53bn was primarily driven by strong pricing and good cost management, according to the company. "I’m pleased that we have achieved a record quarter of profitable growth once again. I congratulate my teams for their exceptional resilience as they continue to... |
Holcim announces its 2030 people strategy26 October 2021, Published under Cement NewsHolcim has announced its 2030 people strategy, which focusses on bridging the world’s housing and infrastructure gap, improving livelihoods and upholding the highest standards of human rights. On its journey to build progress for people and the planet, Holcim states it will: “Accelerate access to adequate housing and infrastructure to improve living standards for all, continue to support communities, from health and education to skill building and respect human rights and implem... |
Gasmet supplies Holcim Croatia with CMM system22 October 2021, Published under Cement NewsGasmet has supplied its continuous mercury monitoring (CMM) system to Holcim Croatia (Holcim group) to monitor mercury emissions and maintain higher levels of plant operation safety. The CMM system was distributed by RACI, which handles Gasmet products in Slovenia and Croatia. While Croatia currently has no legislation for continuous monitoring of mercury emissions, Holcim has strict limits for emissions from its own cement plants. "The product gives us exactly what we want – peace of min... |
ACC reports 6% rise in EBITDA for the 3Q2120 October 2021, Published under Cement NewsIndia’s ACC has reported a 6.1 per cent YoY rise in EBITDA to INR7.12bn (US$95.03m) in the third quarter of 2021, compared to INR6.71bn in the year-ago period. Profit after tax advanced 23.6 per cent YoY to INR4.5bn from INR3.64bn. "ACC has recorded a solid performance during the quarter through operational excellence and a focus on sustainability while meeting customers’ needs. Despite a steep increase in fuel costs, our cost efficiency measures under project ‘Parvat’ have enabled us to m... |
Figuil plant to be expanded by 0.5Mta18 October 2021, Published under Cement NewsCameroonian Prime Minister, Joseph Dion Nguté, laid the first stone of the new 0.5Mta production line of Cimenteries du Cameroun (Cimencam) in Figuil, in the northern part of the country, last week. Cimencam (Holcim group) has invested around CFAF50bn (US$88.3m) in the project. The new production unit is expected to be ready for commissioning in 24 months, at the end of 2023. It will expand the current cement capacity of 0.15Mta at the 40 year-old plant and provide more than 900 direct... |