Cement News tagged under: Switzerland
Holcim's record results continue in 3Q2425 October 2024, Published under Cement NewsHolcim has reported record quarterly results, with 3Q24 recurring EBIT reaching CHF1.67bn (US$1.93bn), reflecting a 4.6 per cent increase YoY and a margin expansion to 23.5 per cent. Net sales for 3Q stood at CHF7.12bn, down three per cent YoY but up 0.5 per cent in local currency. Holcim's year-to-date net sales of CHF19.93bn mark a 1.2 per cent increase in local currency, while nine-month recurring EBIT rose 6.6 per cent YoY to CHF3.88bn, reaching a 19.5 per cent margin. ... |
Environmental groups call on Holcim to cut emissions17 October 2024, Published under Cement NewsUS environmental groups have stepped up campaigns to make Holcim (Switzerland) reduce its carbon footprint, writing to its chairman and potential investors in its North American business before it expands next year. Sustainability-focussed proxy adviser Actares (Switzerland), representing individual shareholders in Holcim, has backed the Concrete Change campaign started by non-profit Industrious Labs (US). “Cement and concrete create nearly eight per cent of global emissions. That mus... |
Lingering weakness for Swiss cement sales16 October 2024, Published under Cement NewsCement deliveries in Switzerland declined 3.7 per cent to 914,625t in the third quarter of 2024, down from 950,101t in the same quarter of 2023. According to Cemsuisse, the sluggish economic recovery is dragging on cement demand. However, while cement volumes are continuing to decline, they are doing so at a significantly slower pace. Sales contracted 8.9 per cent in the second quarter of 2024. January-September 2024 Cement sales in the first nine months of 2024 were down 6.9 per cent ... |
Regenerative building report calls for acceleration of low-carbon built environment26 September 2024, Published under Cement NewsSystemiq and Holcim have launched a report at Climate Week NYC 2024 calling for a “regenerative revolution” in the built environment to accelerate positive impact for people and the planet. As the world’s population grows and urbanisation rises, the report outlines the huge opportunity for the built environment to scale up the adoption of low-carbon, circular, energy-efficient solutions that are nature-friendly and people-centric for humans and nature to co-evolve. Developed with Holcim... |
Holcim invests in Sublime Systems in low-carbon tech scale-up19 September 2024, Published under Cement NewsHolcim has invested in Sublime Systems, a leading low-carbon cement technology start-up, to expand its range of highly-engineered solutions to decarbonise building at scale, according to a Holcim statement. The partnership will advance Sublime’s first commercial manufacturing facility in Massachusetts, USA, giving Holcim a large share of Sublime Cement™ produced there through a binding off-take reservation. The two partners have established a dedicated project team to co-develop further fa... |
Holcim names new CEO in Spain06 September 2024, Published under Cement NewsHolcim has appointed Ricardo De Pablos as new general manager in Spain, replacing Carmen Díaz, who has been appointed Chief People Officer of the group. From his new position as General Manager of Holcim Spain, De Pablos will continue the work carried out by his predecessor, Carmen Díaz, in the area of sustainability, an aspect that the company considers central to the company's philosophy and on which all business lines are focused, together with the vision of excellence towards the clien... |
Holcim's 1H24 profit growth driven by Solutions & Products26 July 2024, Published under Cement NewsHolcim has announced record profitable growth in the first half of 2024. Net sales for the six-month period came in at CHF12,813m (US$14,516m), down 1.9 per cent YoY from CHF13,067m in the same period a year earlier but up 1.6 per cent in local currency terms. Recurring EBIT over the same time frame advanced 12.7 per cent in local currency from CHF2043m to CHF2210m, with the recurring EBIT margin coming in at 17.2 per cent in the 1H24 compared to 15.6 per cent in the 1H23. Operating profit... |
Aggregates Industries UK names new CEO24 July 2024, Published under Cement NewsHolcim has announced Lee Sleight as the new CEO of Aggregate Industries UK . He will take up his position on 1 August 2024. Mr Sleight joined the business in 2021 as managing director of the ready-mixed concrete division and in his time there transformed the business. Last year he moved to take up the role as managing director of the aggregates division. He has more than 20 years of experience in the construction industry holding various senior leadership positions. Outgoing CEO ... |
Swiss cement market contracts 8% in 2Q2410 July 2024, Published under Cement NewsCement deliveries in Switzerland declined eight per cent to 965,157t in the second quarter of 2024 from 1,049,481t in the 2Q23, according to cemsuisse. While market contraction has slowed in comparison with the previous year, the uncertain economic environment continues to impact on cement sales. In addition, supply chain issues and comparatively high energy prices are also affecting deliveries. 1H24 deliveries Deliveries in the first half of 2024 were down eight per cent to 1,751,590t f... |
Holcim ramps up use of AI28 June 2024, Published under Cement NewsHolcim is scaling up its use of artificial intelligence (AI) in manufacturing across more than 100 plants worldwide over the next four years, improving efficiency and reinforcing capacity for customers. With AI already deployed at 45 plants to predict and prevent failures before they occur, Holcim will deepen and broaden this application to boost operational resilience. This will entail Holcim further rolling out a state-of-the-art predictive maintenance solution from leading AI platform s... |