Cement News tagged under: Switzerland
Swiss market contracts by 1% in 202211 January 2023, Published under Cement NewsCement deliveries in Switzerland, including Liechtenstein, were down 6.3 per cent YoY to 971,994t in the fourth quarter of 2022 from 1,037,394t in the 4Q21, according to cemsuisse, the Swiss cement association. Low-carbon cements accounted for 94.7 per cent of sales. A total of 73.2 per cent of deliveries were supplied to ready-mix concrete companies while 20.2 per cent of deliveries represented the off-take of construction companies and contractors. In 2022 cement deliveries in Switzerlan... |
Holcim extends French footprint with acquisition06 January 2023, Published under Cement NewsDesigned to broaden its footprint across France, Holcim has acquired Chrono Chape, one of France’s leading independent providers of on-site self-levelling screeds. Operating an innovative fleet of batching trucks that can mix and apply screeds directly at the customer’s job site, Chrono Chape controls the quantities of materials required for each operation with meticulous precision, delivering zero-waste service, according to the company, which has reported double-digit growth in recent ye... |
Holcim hosts Decarbonisation Accelerator Demo Days22 December 2022, Published under Cement News3D-printed custom formwork and AI-powered supply chain software were among the new technologies on display during the annual Holcim Accelerator Demo Days at Lyons, France. Nine start-ups from seven countries came together to explore breakthrough solutions to reduce carbon emissions at production, material, design and construction level. During the Demo Days event, the start-ups pitched their solutions and demonstrated an MVP (minimum viable product) to stakeholders ranging from corporat... |
Holcim receives Double 'A' ranking for climate and water leadership19 December 2022, Published under Cement NewsCDP has recognised Holcim’s sustainability leadership with a double “A” ranking for climate and water management. Holcim is one of 15 companies in Europe and the first in its sector to achieve a double ‘A’ CDP score, out of 15,000 companies scored globally. Maxfield Weiss, executive director, CDP Europe: “CDP saw nearly 20,000 companies disclose environmental data this year, including 70 per cent of European companies by market value. COP27 showed the need for transformational chang... |
Synhelion receives new funding for solar fuel technology16 December 2022, Published under Cement NewsSolar fuel specialist Synhelion has raised CHF22m (US$23.7m) in another successful financing round. The funds were primarily provided by existing investors, including CEMEX and CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, as well as selected new strategic investors. The proceeds of the investment round will accelerate Synhelion’s growth and support the scaling and commercialisation of its unique technology. Synhelion’s existing and new investors are worl... |
Holcim to delist from Euronext Paris21 November 2022, Published under Cement NewsHolcim Ltd has announced that it is delisting its shares from Euronext Paris to simplify its trading structure, effective from 30 December 2022. According to the company, the decision will focus the trading of Holcim shares in its primary market, the SIX Swiss Exchange (SIX), reflecting the shift in volumes away from Euronext Paris over the years. The simplification, which has been approved by the Board of Directors of Euronext Paris SA , will further reduce Holcim's administrative... |
Holcim appoints new CFO18 November 2022, Published under Cement NewsHolcim haș appointed a new chief financial officer (CFO). Steffen Kindler will join the company, replacing Geraldine Picaud who is leaving Holcim effective from 1 May 2023. Mr Kindler joins Holcim from Nestle where he most recently held the role of CFO for Nestle’s German market. His broad experience spans key business roles, including VP Finance and Control of Los Angeles-based Nestlé Beverages USA, CFO of Nestlé Waters Europe, based in Paris; as well as responsibility for business dev... |
Swiss market contracts 3% in 3Q2209 November 2022, Published under Cement NewsCement deliveries in Switzerland, including Liechtenstein, declined by 2.6 per cent to 1,080,399t in the third quarter of 2022 from 1,108,772t in the 3Q21, according to the Swiss cement association, cemsuisse. In the January-September 2022 period, sales edged up 1.1 per cent to 3,174,108t from 3,139,313t in the 10M21. Ordinary Portland cement (CEM I) sales were down 5.4 per cent YoY in the 3Q22 with 9M CEM I sales down 0.3 per cent YoY. Cement deliveries by rail remained stable with 36... |
Holcim posts record 3Q performance01 November 2022, Published under Cement NewsHolcim reported record 3Q net sales of CHF8045m (US$8043.1m), up 10.4 per cent YoY and 16.3 per cent on a like-for-like (LfL) basis, from CHF7286m. Recurring EBIT edged 1.2 per cent (+7.7 per cent LfL) to CHF1551m in the 3Q22 from CHF1534m in the 3Q21. In the 9M22 group net sales increased 14.5 per cent (+13.9 per cent LfL) to CHF22,725m from CHF19,842m in the 9M21. Recurring EBITDA advanced to CHF3724m in the 9M21 from CHF3516m in the year-ago period. This represents a YoY rise of 5.9 p... |
Sika requests "fast track" remedy from CMA26 October 2022, Published under Cement NewsSika AG and MBCC Group have asked the UK’s Competition & Markets Authority (CMA) to consider a “fast-track” remedy to address concerns that their merger could harm the construction industry in the UK. In November 2021 Swiss firm Sika agreed to buy the German-based MBCC Group in a GBP4.5bn (US$5.1bn) deal. Sika and MBCC are the two largest UK suppliers of chemical admixtures used in the production of cement. Together they account for over half of the UK supply. Following an initial Phase ... |