Cement News tagged under: Holcim
Holcim03 May 2012, Published under Cement NewsThe leading Russian cement producer Eurocement has spent CHF100m (€83m) to increase its stake in Holcim from 10.1 to 10.8%. ACC Limited, the larger of Holcim's two main subsidiaries in India, generated a first quarter turnover 18.7% ahead at INR. crore 3,015 (€432.3m) as cement deliveries increased by 9.1% to 6.62Mt The EBITDA improved by 10.4% to INR crore 648m (€9.3m), but the pre-tax profit fell by 56.84% to INR crore 208 (€3.0m) and the net profit declined by 56.6% to INR crore 152 (€2... |
Holcim (US) Inc celebrates group centennial, USA20 April 2012, Published under Cement NewsThe Waltham, Massachusetts headquarters of Holcim (US) Inc is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim (US) is celebrating this 100-year anniversary by participating in Together for Communities, an initiative in which Holcim employees lead local volunteer projects. "Our employees at the Holcim headquarters have responded with vigor to the challenge of Together for Communities," said Bernard Terve... |
Two Holcim plants recognised at PCA spring meeting, USA18 April 2012, Published under Cement NewsHolcim announced today that its Holly Hill in Holly Hill, SC and Theodore in Theodore, AL, plants, have been recognised by the Portland Cement Association (PCA) at its Spring Board of Directors meeting in Chicago on 16 April 2012. The Holly Hill plant received the PCA's prestigious Chairman's Safety Performance Award in recognition of their exceptional health and safety programmes. The Theodore plant received the Environmental Performance Award in recognition of the steps they take beyond t... |
Eurocement increases stake in Holcim, Switzerland12 April 2012, Published under Cement NewsRussia's largest cement maker Eurocement has increased its stake in Holcim to 10.8 per cent, newspaper Handelszeitung reports in article to be published Thursday. Eurocement's owner, Filaret Galchev-Kaltsidis, has spent CHF100m (US$109m) to raise its holding from 10.1 per cent, the paper reports. "Our position in Holcim is now about 35 million shares, or 10.8 per cent. We have taken advantage of the low share prices for the purchase," Thierry Sauvaire, chief executive of Eurocement Holdi... |
Holcim Ada plant participates in centenary celebrations, USA10 April 2012, Published under Cement NewsHolcim (US) Ada cement plant located in Ada, Oklahoma is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim (US), is celebrating this 100-year anniversary by participating in Together for Communities, an initiative in which Holcim employees lead local volunteer projects. "The Centennial is an excellent opportunity to celebrate Holcim's mission," said Bernard Terver, president and chief executive officer of H... |
Indian majors report March gains04 April 2012, Published under Cement NewsThree of India's leading cement producers, UltraTech Cement as well as Holcim interests, ACC and Ambuja Cement, all reported healthy gains in their respective March 2012 figures. UltraTech despatched 4.01Mt cement in March, 6.28% higher from previous year, a company release today said. Cement production during the month rose 4.5% YoY to 3.92Mt. On a monthly basis, despatches and production rose 14% and 13%, respectively. Ambuja Cement sold 2.17Mt of cement in March this year, up 12.4... |
Holcim’s Trident Park renovates plant as part of group centenary celebrations04 April 2012, Published under Cement NewsHolcim (US)'s Trident plant, located in Three Forks, Montana, is participating in a year-long community service initiative to mark the centennial anniversary of its parent company, Holcim Ltd. Holcim is celebrating this 100-year anniversary and its US division is participating in Together for Communities, an initiative in which Holcim employees lead local volunteer projects. As part of the Together for Communities initiative, the Trident plant sponsored an employee-led project to renovate... |
Holcim CEO cost cutting measures – report03 April 2012, Published under Cement NewsBernard Fontana, Holcim’s new chief executive officer, will have to restructure the cement maker’s business in Europe where additional plants will have to be closed, cut costs, and expand the company’s business in emerging markets, SonntagsZeitung said, citing criteria set for him by the board of directors. Details of Fontana’s plans will be presented on April 17 at the company’s shareholder meeting, the newspaper said. (Source: Bloomberg) |
Holcim successfully completes share placement27 March 2012, Published under Cement NewsHolcim Ltd has sold 5 million treasury shares at a price of CHF59.25 per share. The proceeds of CHF296m (EUR245m) will be used for general corporate purposes. ??The closing of this oversubscribed transaction to further strengthen the Group’s balance sheet is expected to take place on or around March 30, 2012. |
EPA calls for clearer visibility in Montana region, USA26 March 2012, Published under Cement NewsThe US Environmental Protection Agency (EPA) has said that two cement plants in the Montana area need to invest in measures to improve visibility in wilderness areas and national parks. The EPA says upgrades are needed at Ash Grove’s cement plant near Montana City and Holcim’s cement plant near Three Forks as well as the Colstrip power plant. The three plants would need to spend a combined estimated US$90m on the required improvements. The agency says the proposal would clear the air i... |