Displaying items by tag: Switzerland
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.
HeidelbergCement remains active in the market through its subsidiary Halyps Cement. The company operates the 0.7Mt/yr Apropyrgos cement plant in Athens. Chief executive officer Dominik von Achten said, "We are pleased that the transaction has been successfully signed.” He added that the realignment is the next step in the group’s portfolio optimisation as part of its Beyond 2020 strategy. In January 2021, its subsidiary Suez Cement departed from the Kuwait cement market with the sale of its majority stake in Hilal Cement.
Switzerland: The shareholders of LafargeHolcim Ltd have voted in favour of changing the group name to Holcim Ltd at the company’s annual general meeting held on 4 May 2021. The name change applies only to the group company name with all market brands remaining in existence. The new group name will become effective upon entry in the commercial register. LafargeHolcim was officially formed in July 2015 when France-based Lafarge and Switzerland-based Holcim merged.
Switzerland: The Swiss cement association Cemsuisse has published Roadmap 2050, a plan for the achievement of net carbon neutrality by 2050. As part of the plan, the association says that Swiss cement producers will launch carbon capture and storage (CCS) installations at their plants from 2030. Individual companies’ plans also involve the reduction of products’ clinker factors and alteration of cement kiln fuel mixes.
Cemsuisse lobbied the government to approve producers’ mining permits in order to prevent an increase in imports from 686,000t in 2020. The figure corresponds to 15% of the nation’s 4.70Mt consumption.
Switzerland: LafargeHolcim’s first-quarter consolidated net sales rose by 1% year-on-year to Euro4.86bn in 2021 from Euro4.79bn in 2020. Its recurring earnings before interest and taxation (EBIT) doubled to Euro478m from Euro237m. Cement sales volumes grew by 5.5% to 47.3Mt and ready-mixed concrete by 2.7% to 10.1Mm3. The group said that it anticipates growth to accelerate in 2021. It expects to achieve its Strategy 2022 targets one year ahead of time.
During the quarter, the group concluded its acquisition of US-based Firestone Building Products and received an A1+ social, environmental and governance rating from UK-based Vigeo.
Sika expands capacity at Doha concrete admixture plant
19 April 2021Qatar: Switzerland-based Sika has expanded concrete admixture production capacity at it Doha admixture plant. The company has also announced the start of epoxy resin production in the country. It says that its present investments target growth to serve the expanding regional construction market. Numerous major projects and the expansion of energy and utilities infrastructure have driven a growing demand. Qatar’s state sourcing policy further increases consumption of building materials produced in the country.
Europe, Middle East and Africa regional manager Ivo Schädler said "Our latest investment in Qatar positions us for continued growth and strengthens our competitiveness in the country. In expanding our production, we are anticipating a substantial increase in demand and volumes for our high-value adhesives and flooring solutions. Our building sector customers will benefit from an expanded and locally produced portfolio of Sika solutions which, in addition, eliminates long-distance transportation."
Switzerland: The Solar Impulse Foundation has certified 10 LafargeHolcim products with its ‘Efficient Solutions’ label. The label designates products which protect the environment in a profitable way. The following LafargeHolcim products now bear the label: 14Trees 3D concrete printing technology; Aggneo recycled aggregate; Airium insulating foam; Bio-Active Concrete for coastal ecosystem rehabilitation; Ductal ultra-lightweight concrete; Durabric earth-based block; ECOPact green concrete; TerraFlow low-carbon cement; Kawach water-repellent cement; and the ORIS digital road design platform.
Chief executive officer Jan Jenisch said “I’m very proud of our strong contribution to the Solar Impulse Foundation’s goal of finding 1000 environmentally positive solutions. With more than half of our research and development efforts focused on sustainable building solutions, we are committed to enabling a net-zero future that works for people and the planet. Today’s endorsement of our clean technologies is a great encouragement for our teams to keep on pushing the boundaries of innovation for sustainable building.”
Switzerland: Oscar Fanjul has decided to step down as the vice-chairman of LafargeHolcim. The group said that in line with the its commitment to continuity of leadership, the board of directors has proposed the appointment of chief executive officer (CEO) Jan Jenisch as a member of the board of directors in addition to his CEO role.
Fanjul was elected to the board of directors of LafargeHolcim in 2015. He began his career working for the industrial holding INI in Spain and later became the chairman founder and CEO of Repsol. He has been chairman of Hidroeléctrica del Cantábrico and of Deoleo. He has also been a board member of the London Stock Exchange, Unilever, Areva, and BBVA. He holds a PhD in Economics.
Switzerland: Police have cleared 150 squatters from the site of a planned expansions to LafargeHolcim subsidiary Holcim Schweiz’s Mormont quarry in Vaud. Reuters News has reported that officers made 34 arrests. The squatters claimed to be protesting in the interests of biodiversity protection and CO2 emissions reduction.
Switzerland: LafargeHolcim has expanded former chief sustainability officer Magali Anderson’s role to chief sustainability and innovation officer. The new role additionally includes leadership of the group’s research and development strategy and organisation. Anderson will also oversee external innovation collaborations with the academic world. The group says that the combination of sustainability and innovation aims to increase impact across both areas.
Chief executive officer Jan Jenisch said, “I am delighted to appoint Magali as our chief sustainability and innovation officer. Under her leadership, we opened a new chapter in our climate action with our Net Zero pledge and growing range of green building solutions, from ECOPact to Ecolabel. Sustainability is a game-changer in our industry and innovation is the most effective catalyst to scale up our impact. By aligning our sustainability and research and development organisations under Magali’s direction, I look forward to stepping up our pace and pipeline of innovation to build a net zero future.”
Anderson, a French national and mechanical engineer, holds international industry experience, acquired in a variety of general management, operational and functional roles in countries such as Brazil, Nigeria, Indonesia, Angola, Romania and China. She joined LafargeHolcim in 2016 as Head of Health & Safety before taking on the role of Chief Sustainability Officer. She is on the advisory boards of the World Green Building Council (WGBC), MIT Climate & Sustainability Consortium, LafargeHolcim Foundation for Sustainable Construction and Business for Nature, as well as co-chair of the World Business Council for Sustainable Development (WBCSD) Built Environment and the Global Concrete and Cement Association (GCCA) 2050 roadmap projects. She is also a mentor at the Creative Destruction Lab (CDL) in Paris, a nonprofit organisation that delivers an objectives-based program for massively scalable, seed-stage, science- and technology-based companies.
LafargeHolcim publishes its first Climate Transition report in 2022.
Peru: Cementos Interoceanicos has contracted Switzerland-based Satarem to establish a 1.0Mt/yr cement plant in Puno. The Gestión newspaper has reported that Satarem intends to buy a 30% stake in the producer. The scheduled completion date for the work, which also includes setting up two new lime plants, is mid-late 2022. The total estimated cost of the project is US$158m.
The producer is reportedly seeking to expand its area of operations in other areas within Peru.