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LafargeHolcim makes Greek acquisitions

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Greece-based Heracles Group (LafargeHolcim) has signed an agreement with HeidelbergCement’s Halyps subsidiary, which will see Heracles acquire its aggr...

HeidelbergCement divests Greek concrete and aggregates business to LafargeHolcim

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HeidelbergCement divests Greek concrete and aggregates business to LafargeHolcim
Written by Global Cement staff
05 May 2021
Greece: HeidelbergCement subsidiary Halyps Building Materials has agreed to sell its aggregates business and two ready-mix concrete plants to Heracles Group, part of Switzerland-based LafargeHolcim. Heracles Group said that the acquisition would enable it to better serve the growing Athens metropolitan area and key infrastructure projects regionally. The value of the deal is undisclosed.
LafargeHolcim’s Europe, Middle East and Africa regional head Miljan Gutovic said, “I am excited about the opportunities and growth prospects of this acquisition in the Attica region of central Greece. It will provide additional support towards our net zero ambition with our leading range of sustainable building solutions such as EcoPact green concrete.” Heracles Group launched EcoPact on the Greek market in April 2021. In the first four months of 2021, LafargeHolcim completed four other bolt-on acquisitions.

LafargeHolcim: Shareholders Support All Proposals at 2021 Annual General Meeting


LafargeHolcim: Shareholders Support All Proposals at 2021 Annual General Meeting
Regulatory News:
LafargeHolcim (Paris:LHN) shareholders approved all of the Board of Directors' proposals at the Annual General Meeting that took place in Zug today.
Due to health and safety concerns and in line with the current rules of the Swiss authorities, shareholders could not attend the meeting in person. All legal proceedings were carried out as required. Shareholders were able to exercise their voting rights through the independent proxy Dr. Sabine Burkhalter Kaimakliotis of Voser Attorneys at Law, who represented 367,478,010 nominal shares resulting in 59.66% of the share capital of the company.

LafargeHolcim reaches settlement with NY state

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LafargeHolcim reaches settlement with NY state
04 May 2021
LafargeHolcim has reached a settlement after resolving alleged environmental violations at its Ravena cement plant in New York, USA.
The company will therefore pay an US$850,000 civic penalty, half of which will go to the New York state, and includes US$212,000 for a local project that would reduce pollution in the Hudson River.
The company will also be required to comply with its water pollution control permit, implement updated water pollution best practices, submit a revised solid waste management facility permit to the state Department of Environmental Conservation, and conduct a third-party audit of its water pollution and solid waste compliance at the facility, according to the Ravena News-Herald.

Holcim Argentina plans 1000 new Disensa retail chain locations

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Holcim Argentina plans 1000 new Disensa retail chain locations
Written by Global Cement staff
29 April 2021
Argentina: Holcim Argentina, part of Switzerland-based LafargeHolcim, has announced plans to open 1000 new branches of its Disense retail chain by 2024. The Diario Financiero newspaper has reported that the chain opened 40 new locations during 2020.
General manager Natalia Soler said, "Being considered an essential sector, builders merchants continued to operate during quarantine. This scenario benefited us, coupled with the number of customers who took advantage of the context and their savings to make repairs to their homes."

Holcim Philippines reports 81% rise in net income

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Holcim Philippines reports 81% rise in net income
27 April 2021
Holcim Philippines reported an 81 per cent rise in net income to PHP909.35m (US$18.79m) in the first quarter of 2021, compared to PHP501.54m in the year-ago period.
However, revenues declined six per cent YoY to PHP6.81bn from PHP7.27bn in the 1Q20.
"We delivered an excellent performance in the first quarter due to our sustained focus on Health, Cost, and Cash," said Horia Adrian, president of Holcim Philippines.
The company has also announced the temporary suspension of operations at its Mabini grinding unit to mitigate the effects of the COVID-19 pandemic and escalating production costs. The move is expected to result in substantial cost savings, according to the company.

LafargeHolcim reports outstanding 1Q21 results in Asia Pacific

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LafargeHolcim reports outstanding 1Q21 results in Asia Pacific
26 April 2021
LafaregHolcim's Asia Pacific division recorded strong cement sales of 18.9Mt, and increase of 19.6 per cent from 15.8Mt in the 1Q20. Aggregate sales also rose to 7.6Mt, up 35.4 per cent on the 5.6Mt recorded in the 1Q20. Ready-mix concrete sales totalled 2Mm
3, down 5.8 per cent from 2.1Mm
3 in the 1Q20.
"The Asia Pacific region showed record performance with strong growth in cement volumes. India’s outstanding performance was supported by excellent volumes as well as effective price and cost management. Improving activities in Australia were supported by government stimulus programmes," concluded LafargeHolcim.

LafargeHolcim improves its sustainability performance and ESG rating

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LafargeHolcim improves its sustainability performance and ESG rating
26 April 2021
LafargeHolcim announced that its sustainability achievements in 2021 were ranked ranked first in its sector by Vigeo Eiris, giving the company its highest rating of A1
+. LafargeHolcim was also named best in its sector in terms of transitioning to a low-carbon economy. This rating places LafargeHolcim within the top two per cent of companies ranked worldwide.  
The Solar Impulse Foundation endorsed 10 LafargeHolcim green building solutions. The labelled solutions contributed to the Solar Impulse Foundation's challenge of identifying 1000 clean technologies that protect the environment in a profitable way. Other notable events in the quarter include LafargeHolcim’s engagement as a founding member in the MIT Climate and Sustainability Consortium (MCSC).

The search is on for new investors in Brazil's cement sector

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The search is on for new investors in Brazil's cement sector
23 April 2021
Brazil's cement market has been the focus of much attention in recent weeks firstly, with the completion of the CRH cement assets in the country to Companhia Nacional de Cimento (CNC), and more recently the unconfirmed reports that Banco Itau BBA is preparing to advise on the divestment of LafargeHolcim's Brazilian unit. 
The sale of the Swiss multinational's cement interests in Brazil is expected to raise up to US$1.5bn, according to analysts UBS European Building Materials. These funds are likely to be reallocated into LafargeHolcim's drive to acquire more sustainable building material assets in construction products in European and North American markets. The divestment trend for LafargeHolcim began with sales in Indonesia and Malaysia, and further sales could be required by the group to reduce its carbon footprint at a faster rate.

LafargeHolcim shares Q1 financial results

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Jan Jenisch, CEO: “I am pleased to share that we are off to a strong start to the year, delivering record Q1 results, with net sales up 7.4% and Recurring EBIT up 131%. This continues our strong growth momentum of the last quarters, and we expect it to accelerate with the Firestone Building Products acquisition and the many government stimulus investments ahead. We are set to deliver the targets of Strategy 2022 one year in advance.”
“The pandemic has emphasised for all of us the need to build back a better normal. We are fully committed to playing our part. For instance, in the US, we are ready to contribute to President Biden’s American Jobs Plan, offering a once-in-a-generation opportunity to rebuild infrastructure, such as roads and bridges, in a more sustainable way, while making buildings more energy-efficient. With our sustainable building solutions, from Firestone’s insulating roofing systems to our ECOPact green concrete, we are committed to deploying our technologies at scale to put climate action at the heart of the recovery.

LafargeHolcim sees net sales rise 7% in 1Q21

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LafargeHolcim sees net sales rise 7% in 1Q21
23 April 2021
LafargeHolcim recorded a record start to 2021, led by net sales improving by 7.4 per cent and an increase in recurring EBIT of 130.7 per cent compared to the prior year period, both on a like-for-like basis. Cement volumes grew by 5.6 per cent for the group and ready-mix concrete volumes increased by 2.2 per cent, while aggregates volumes decreased by four per cent, all on a like-for-like basis. 
Cement sales totalled 47.3Mt compared to 44.9 per cent in the 1Q20. Aggregate sales totalled 48.5Mt, down 1.1 per cent from 49.1Mt in the 1Q20 and ready-mix concrete sales totalled 10.1Mm

Holcim Mexico to launch eco-labels

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Holcim Mexico to launch eco-labels
22 April 2021
Holcim México has launched new eco-labels, EcoEtiquetas, to improve customer communication and make the environmental benefits of its products and construction solutions more transparent.
The labels will be used for all products that meet sustainability criteria, including smaller CO2 footprints and the use of recycled materials. In Mexico this includes cements branded as Apasco, Maestro and Supra Cemento as well as Supra Mortero mortar.
“This is one more step on our way to become a Net Zero company, but also when our clients buy our cements with EcoEtiquetas, they will have the certainty that they are also collaborating with the care of the environment by using or distributing products that have They have been thought not only in terms of quality and performance, but also in ensuring a better world for present and future generations, ”said Jaime Hill Tinoco, CEO of Holcim México.

LafargeHolcim looks to divest Brazilian assets

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LafargeHolcim is reportedly exploring the sale of its Brazilian unit, which consists of 12 plants, according to people close to the matter. The compa...

Holcim Mexico launches EcoEtiquetas label

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Holcim Mexico launches EcoEtiquetas label
Written by Global Cement staff
22 April 2021
Mexico: Holcim Mexico, part of Switzerland-based LafargeHolcim, has launched the new EcoEtiquetas label. The label designates products conforming to a set of ecological criteria set by the company. These include a certain level of recycled content or a reduced carbon footprint, as specified by the label on each product. The label is now found on Holcim Apasco, Maestro and Supra Cemento cement bags. These products say they offer CO
2 reductions from 30 – 60% compared to Ordinary Portland Cement.
Chief executive officer Jaime Hill Tinoco said, “This is one more step on our way to becoming a Net Zero Company, but also when our clients buy our cements with EcoEtiquetas, they will have the certainty that they are collaborating in the care of the environment by using or distributing products that have been thought not only in terms of quality and performance, but also in ensuring a better world for present and future generations.”

Holcim Deutschland launches ECOPlanet Zero net-zero CO2 cement

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Holcim Deutschland launches ECOPlanet Zero net-zero CO2 cement
Written by Global Cement staff
22 April 2021
Germany: Holcim Deutschland, part of Switzerland-based LafargeHolcim, has launched its new ECOPlanet Zero carbon neutral cement. The producer says that it will offset the product’s CO
2 emissions through a peatland rewetting service provided by MoorFutures. The cement also has a low clinker factor due to the use of ground granulated blast furnace slag (GGBFS)-enriched binders.
Cement and binders sales director Matthias von der Brelje said “Holcim has been reducing the specific CO
2 emissions of binders very effectively for decades by using high-quality GGBFS.” He added, “In the future, we want to work with planners, contracting agencies and users to further advance the use of our CO

LafargeHolcim France to invest Euro6.2m in La Malle cement plant upgrade

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LafargeHolcim France to invest Euro6.2m in La Malle cement plant upgrade
Written by Global Cement staff
21 April 2021
France: LafargeHolcim France, part of Switzerland-based LafargeHolcim, plans to invest Euro6.2m in 2021 in upgrading its integrated La Malle cement plant in Bouc-Bel-Air, Bouches-du-Rhône department. The La Provence newspaper has reported that the plans include a Euro4.5m modernisation of the flue gas desulphurisation system of the plant’s Line 2 using equipment ordered from Italy-based Boldrocchi. The company said that it plans to maintain similar investment levels in the plant in 2022 and 2023.
The plant had reportedly received complaints about sulphurous smells in the local area. The producer attributed this to the high sulphur content in its clay, which is sometimes over 70%. It said that it is altering supply arrangement to include clay from its L'Estaque, Bouc-Bel-Air and Bellegarde, Ain quarries in its clinker mix in order to reduce sulphur content by 20%.

LafargeHolcim reportedly seeking to sell assets in Brazil

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LafargeHolcim reportedly seeking to sell assets in Brazil
Written by Global Cement staff
21 April 2021
Brazil: LafargeHolcim Brasil, part of Switzerland-based LafargeHolcim, is reportedly seeking to sell its assets. The Diario do Comercio newspaper has reported the rumour without detailing its sources. LafargeHolcim has not commented on the matter. However, local government officials in Borosso, Minas Gerais said they were waiting for an official confirmation from the cement producer before they could comment. The newspaper also speculated that the group may have already notified the Brazil government of its intent to sell. Under Brazilian law, any sale would require the approval of the Administrative Council for Economic Defence (CADE). The producer operates three cement plants and two grinding plants in the country.

ACC reports 74% rise in profit for the 1Q21

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ACC reports 74% rise in profit for the 1Q21
20 April 2021
India’s ACC (LafargeHolcim) has reported a 74 per cent rise in net profit for the first quarter of 2021, rising to INR5.63bn (US$75.33m) from INR3.23bn in the year-ago period. EBITDA also advanced 47 per cent YoY to INR8.6bn.
Revenue from sales surged 23 per cent YoY to INR42.13bn from INR34.33bn in the 1Q20. In particular, cement sales increased 22 per cent YoY to 8Mt and cement prices were up six per cent to INR4876/t.
As a result of its strong performance, the company has recorded its highest ever revenue and operating EBIT.

Former Blue Circle director passes away

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Former Blue Circle director passes away
15 April 2021
Anthony J Jackson, a former director of UK-based cement multinational Blue Circle Industries PLC, sadly passed away on 29 March at the age of 87. Mr Jackson was previously the CEO of Blue Circle’s Nigerian operations, following earlier responsibilities in the UK and Australia. He was later also responsible for the Far East segment and involved in operations in Malaysia, Singapore and Indonesia.
He went on to become the CEO of Blue Circle Enterprises in the UK, responsible for all non-cement activities, including decorative products, bricks, industrial minerals & aggregates, as well as Armitage Shanks and the property division.

LafargeHolcim recognised by Solar Impulse Foundation

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LafargeHolcim recognised by Solar Impulse Foundation
14 April 2021
10 LafargeHolcim green building solutions are now endorsed by the 'Solar Impulse Efficient Solution' label, recognising world-leading technologies that protect the environment in a profitable way. 
The labelled LafargeHolcim solutions include ECOPact green concrete, which enables carbon-neutral building; bio-active reef concrete that restores marine ecosystems and 3D printing technologies to accelerate affordable housing and infrastructure. 
Bertrand Piccard, initiator and chairman of the Solar Impulse Foundation: "I am excited about achieving our 1000 clean solutions challenge, championing the most innovative technologies around the world that protect the environment in a profitable way. It’s great to see companies like LafargeHolcim committed to implement several of them that are positive for the planet. Given the company’s global reach and scale, it can make a real difference in tackling today's climate crisis."

LafargeHolcim recognised by Solar Impulse Foundation's efficient solution label

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Ten LafargeHolcim green building solutions are endorsed today by the ‘Solar Impulse Efficient Solution’ label, recognising world-leading technologies that protect the environment in a profitable way. The labelled LafargeHolcim solutions include ECOPact green concrete, which enables carbon-neutral building; bio-active reef concrete that restores marine ecosystems and 3D printing technologies to accelerate affordable housing and infrastructure.
Bertrand Piccard, Initiator and Chairman of the Solar Impulse Foundation: “I am excited about achieving our 1000 clean solutions challenge, championing the most innovative technologies around the world that protect the environment in a profitable way. It’s great to see companies like LafargeHolcim committed to implement several of them that are positive for the planet. Given the company’s global reach and scale, it can make a real difference in tackling today’s climate crisis.”

Bedeschi secures Lafarge Cement Polska cement plant crushing and storage equipment supply contract

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Bedeschi secures Lafarge Cement Polska cement plant crushing and storage equipment supply contract
Written by Global Cement staff
13 April 2021
Poland: Italy-based Bedeschi has won a contract with China-based Nanjing Kisen International Engineering, part of China National Building Materials, to carry out equipment supply for the modernisation of crushing and storage facilities at a Lafarge Polska cement plant in Poland. The supplier says that it will provide a crushing system featuring two RI 450/15000 double rollers and two Pal SP 130/18 portal reclaimers for raw materials storage.
Last modified on 14 April 2021

LafargeHolcim to vote on group name change at AGM

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LafargeHolcim to vote on group name change at AGM
12 April 2021
At this year’s LafargeHolcim AGM, on 4 May 2021, shareholders will be asked to vote on changing the group company name from LafargeHolcim Ltd to Holcim Ltd.
As the company transforms to become the global leader in innovative and sustainable building solutions, the Board of Directors recommends simplifying its name for efficiency and impact, while building on the group's legacy.
All market brands will remain in existence, as the drivers of the company's market success, building value and trust for its customers and partners around the world.
Shareholders will further be asked to vote on the move of the company’s registered office from Jona Rapperswil to Zug, Switzerland, completing the company’s restructuring of its office location.

Texan environment agency approves request to burn more petcoke at Holcim US's Midlothian cement plant despite complaints

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News Texan environment agency approves request to burn more petcoke at Holcim US’s Midlothian cement plant despite complaints
Texan environment agency approves request to burn more petcoke at Holcim US’s Midlothian cement plant despite complaints
Written by Global Cement staff
09 April 2021
US: The Texas Commission on Environmental Quality has approved a request by Holcim US to use more petcoke at its integrated Midlothian plant. Local health and environmental campaigners had hoped to challenge the decision at a meeting in late March 2021, according to the Fort Worth Star-Telegram newspaper. The changes will enable the company, part of Switzerland-based LafargeHolcim, to more than double the plant’s carbon monoxide (CO) emissions to 7000t/yr. 35 local residents submitted requests for a hearing to query the application. Holcim US was identified from state data as the leading emitter of industrial pollutants in North Texas in 2019.

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