Cement News tagged under: Switzerland

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Swiss cement deliveries fall 21.8% in 1Q2012

05 April 2012, Published under Cement News

Swiss cement deliveries dropped 21.8% YoY for the first quarter of 2012, reports Cemsuisse. Dispatches across the country and Liechtenstein fell from 1.020Mt in 1Q2011 to 0.798Mt. The Swiss cementassociation attributes the decrease to the cold weather during the period, which saw the pouring of concrete halted, unlike the previous year when building activity was hardly interrupted.

Holcim successfully completes share placement

27 March 2012, Published under Cement News

Holcim 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.

Holcim proposes new member of the board of directors

12 March 2012, Published under Cement News

Holcim's Board of Directors proposes to the Annual General Meeting (scheduled 17 April 2012) that Prof Dr Ing Wolfgang Reitzle be elected to the Board. Wolfgang Reitzle, 63, German citizen, studied engineering and economics at the Technical University of Munich and holds a degree and a PhD in mechanical engineering.  From 1976-1999 he worked for car manufacturer BMW, where in 1987 he was appointed regular member of the Executive Board, responsible for research and development. In 1999, ...