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News Holcim

Displaying items by tag: Holcim

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Vicente Camacho Molero appointed as Head of Operational Technology at Holcim

02 July 2025

Switzerland: Holcim has appointed Vicente Camacho Molero as Head of Operational Technology.

Camacho Molero has worked for Holcim in Switzerland for nearly a decade. He moved to the company at group level in 2014 as Senior Automation Engineer. Before this he held process and project management jobs with Holcim España from 2000 to 2014. He holds an undergraduate degree in engineering from the University of Jaén, a master’s degree in industrial automation from the University of Almería and a master’s in business administration qualification from the Open University of Catalonia.

Published in People
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Marek Michalski appointed as Chief Operating Officer for Industry at Holcim Polska

02 July 2025

Poland: Holcim Polska has appointed Marek Michalski as Chief Operating Officer for Industry.

Michalski has worked for Holcim and related companies since 2000. He worked as the plant manager of Lafarge Canada’s Richmond cement plant from 2023 to 2025. Before this he was the plant manager of Holcim Polska’s Kujawy cement plant from 2018 to 2023. Michalski worked for Geocycle in 2017 and 2018. Prior to this he held positions with Lafarge, mostly in Poland, from 2000 to 2014. He notably became the plant manager of the Lwów cement plant in Ukraine in 2012 and 2013. Michalski holds a master’s degree in electrical and electronic engineering from the Bydgoszcz University of Science and Technology and a master’s in business administration qualification from the Warsaw University of Technology.

Published in People
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SaltX announces partnership with Holcim

30 June 2025

Sweden: SaltX has announced a partnership with Holcim to develop technology and solutions that electrify and enable the decarbonisation of the entire cement manufacturing process. As part of the partnership, Holcim is becoming a strategic shareholder in SaltX through an investment of approximately US$4m. 

The companies intend to co-develop and advance SaltX’s electrification technology for calcination, including the production of Portland cement clinker. The goal is to be the first in the world to establish a scalable plant concept for fully electrified cement facilities. The parties’ intention is for the partnership to be extensive, featuring a collaborative go-to-market and scale-up plan. The initial focus is on developing the world’s first all-electric pilot plant for emission-free cement production. This will set the foundation to establish multiple large-scale production facilities based on SaltX’s electrification technology.  

Ram Muthu, head of operational excellence at Holcim, said “By combining SaltX’s groundbreaking technology with Holcim’s expertise, we have an opportunity to decarbonise the entire cement manufacturing process. Through this partnership, we can enhance our ability to produce near-zero cement at scale to meet customer demand.” 

Published in Global Cement News
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Introducing Amrize

25 June 2025

It’s not every week that a ‘new’ cement producer gains hold of nearly 30Mt/yr of production capacity.1 Back in 2022, a few readers studying the North America pages of the year’s Global Cement Directory probably wondered “Where’s Lafarge gone?” following the dissolution of the France-based producer’s corporate identity into Holcim in June 2021. Now, in the upcoming Global Cement Directory 2026, readers will be able to search in vain for another name among the cement maps of Canada and the US – that of Holcim itself. A decade on from the completion of the Lafarge/Holcim merger, the combination of the two in North America has precipitated something entirely new: Amrize.

On 23 June 2025, Amrize assumed the entire business of Canada and US market leader Holcim North America, following its successful spin-off from Switzerland-based Holcim. Amrize occupies its predecessor’s operational headquarters in Chicago, US, with registered offices in Zug, Switzerland, and is dual-listed in the US and Switzerland.2 For those interested in finance, shares in Amrize debuted on the New York Stock Exchange in the US at US$50. Meanwhile on the SIX Swiss Exchange, they dropped by 13% from reference price, to US$49.30, while those in its erstwhile parent rose by 14%.

Table 1 (below) gives the relative size of the entities, based on their latest published figures and the Global Cement Directory 2025. Amrize and Holcims’ respective percentages of the former Holcim total are given in brackets:

Metric                                     Amrize                        Rump Holcim            TOTAL

Integrated cement plants     18 (17%)                     88 (83%)                     106

Capacity                                 28.7Mt/yr (11%)          224.9Mt/yr (89%)        253.6Mt/yr

Employees                             19,000 (29%)              46,000 (71%)              65,000                        

Revenues                               US$7.85bn (24%)       US$24.95 (76%)         US$32.8bn

Amrize chair and CEO Jan Jenisch stated the company’s aims in a post to LinkedIn: to be partner of choice for the US$2tn/yr North American construction sector, to deliver ‘advanced’ materials ‘from foundation to rooftop’ and to serve customers in every province and state.3 This paraphrases Amrize’s Five Strategic Drivers: 100% North America focus; unparalleled footprint and resources; value creation; unlocking growth and driving shareholder value. The menu on the company website offers not ‘products,’ but ‘solutions,’ categorised by type of construction. For cement, users can navigate to Our Businesses > Building Materials > Cement.4 Behind this new messaging, the Canadians and Americans who rely on Amrize’s cement business might like to know what exact role cement will play.

Holcim’s global cement revenues first fell below 50% of group sales in 2024, at US$16.4bn (49%). In North America, its recent acquisitions include both those within the cement value chain (British-Columbia based Langley Concrete Group in June 2025) and outside it (OX Engineered Products in November 2024).

Amrize is organised into Building Materials (cement, concrete, aggregates and asphalt) and Building Envelope (insulation, roofing, sealants and weatherproofing). It operates in five regions: Central (Alberta, Manitoba, Saskatchewan and inland US west of the Mississippi, from Missouri to Nevada northward), Great Lakes (Ontario and the US Midwest), Northeast (Quebec, Nova Scotia and the eastern US from Maryland northward), Pacific (British Columbia, California, Oregon and Washington) and South (southern US, west to Arizona, and Ohio).

Setting aside its extensive grinding and logistics infrastructure, the geographical footprint of North America’s largest cement producer breaks down as follows:

Region            Integrated cement plants     Capacity

Central           4                                              9.8

South              5                                              7.6

Northeast       5                                              5.5

Great Lakes   3                                              4.7

Pacific            1                                              1.1

TOTAL            18                                            28.7

Four of these geographies – all except South – are transnational. This at a time when Canada and the US are diverging in industrial policy and engaged in a trade war… Supposedly, regional directors will be juggling ambitious projects like Amrize’s on-going Bath, Ontario, and Richmond, British Columbia, carbon capture projects in Canada with a complement of lower-cost strategies in the US.

Just as important for the future of the company is the team in charge. Leadership is structured similarly to Holcim, with some names even reprising the same role. Chair and CEO Jan Jenisch previously chaired Holcim from May 2023, and was its CEO between September 2023 and April 2024. Jenisch first joined Holcim from Switzerland-based Sika, where he had been CEO, in 2017. He obtained his Master’s of Business Administration degree from the University of Fribourg in Switzerland, though Jenisch is in fact a German national.

Ian Johnston steps into the Amrize chief financial officer (CFO) position. A long-time Lafarge and Holcim mover in North America, he holds an accountancy degree from the University of Ottawa in Canada. Building Materials division president Jaime Hill came up through the Holcim corporate structure in the group’s Latin America region, including stints as CEO of Holcim Colombia in 2015 – 2019 and Holcim Mexico in 2019 – 2024, before entering the North American region as regional head in September 2024. However, his familiarity with the region goes back to his completion of a bachelor’s in Business Administration, Management and Marketing at Georgetown University in Washington, US.

Nollaig Forrest was Holcim’s chief sustainability officer (CSO) in September 2023 – June 2025; Amrize doesn’t have one. Instead, Forrest moves across to the chief marketing and corporate affairs officer spot. It’s possible that her intended role had a larger sustainability component during planning in 2024, that might have been struck off after US President Donald Trump withdrew his country from the Paris Accords and suspended, then withdrew, new decarbonisation funding. If this is correct, then Amrize may be giving strategic primacy to the larger US over Canada. Whatever the case, its enormous undertakings towards reaching net zero in Canada do not appear to have a dedicated champion on the leadership team. Forrest is another European, and brings leadership experience at chemicals companies Firmenich, Dow and Dupont and the World Economic Forum, grounded in a master’s in International Relations from the Geneva Graduate Institute in her home country of Switzerland.

Also of interest is Patrick Cleary, who steps up as senior vice president commercial cement for the US, and previously worked with Holcim US and LafargeHolcim US in Chicago. Only cement has a dedicated commercial director at this level, and then only in the US. Meanwhile, Samuel Poletti will serve as chief strategy and mergers and acquisitions. He was previously Holcim’s head of mergers and acquisitions since July 2018, before which time he was high up in the group’s South Asia subregion, including serving as Ambuja Cements’ head of strategy and commercial development in India. Poletti, presumably, will be responsible for sustaining the inorganic growth of the Holcim North America era. The flip side of this strategy for Holcim was flash market exits, including from Brazil, Zimbabwe and India in 2022. Insofar as there is a pattern to Holcim’s geographical realignment, it may be towards growth in ‘mature markets’ – a description to which all of Amrize’s regions conform. Ultimately, Amrize is a whole different company to Holcim. Whatever strategy the team is going in with, there is likely to be a transition phase and time needed to feel things out.

Overall, the Amrize leadership displays a thorough grounding in the Holcim way of doing things and a record of responsibility in a variety of its markets. Above them sits the board, with Nicholas Gangestad beside chair Jan Jenisch as lead independent director. Amrize’s 10-seat board includes four (40%) women: Theresa Drew, Holli Ladhani, Katja Roth Pellanda and Maria Cristina Wilbur.

Amrize has arisen. What makes the spin-off so interesting, besides its unprecedented scale, is the strangeness of the market into which it emerges. Spin-off plans went public in January 2024, at a time when the Infrastructure Investment and Jobs Act (IIJA) and Inflation Reduction Act (IRA) were set to unleash over US$1.9tn in additional public spending into the medium-term future. This is not now going to happen. Yet Amrize’s new website proclaims that “The US and Canada are modernising their infrastructure” for ‘greater efficiency and resilience.’ Of course, building materials consumption will continue in other forms, but the level of visibility is less than ideal. One of Holcim’s partner start-ups, Sublime Systems, appeared on a government list on 30 May 2025 and lost US$87m funding at a stroke.

As for Holcim, it enters the second half of the 2020s in a different shape to that in which it began the decade. Only the geographical signature of its North and West African and Latin American subsidiaries (as well as in Bangladesh and the Philippines) confirm this European producer as having once been the closest thing ever to a global cement hegemon. Holcim’s Latin American holdings look distinctly peripheral without the multi-megatonne bookends of Holcim Brazil and, now, Holcim US.

Amrize inherits an environmental, social and governance (ESG) apparatus from Holcim that suits Canada but is now inappropriate for the US. It has chosen to strip out sustainability from its corporate structure, messaging and Strategic Drivers. The wisdom of this decision can only be measured in the longer term. On the other hand, Amrize’s efforts to mitigate its impacts may continue quietly, in a kind of reverse greenwashing – ‘brownwashing’? – until political conditions are suitable to emphasise them once again.

 

References

1. Global Cement Directory 2025, www.globalcement.com/directory


2. Amrize, ‘Contact Us,’ accessed 25 June 2025, www.amrize.com/us/en/contact-us.html


3. Jan Jenisch, post to LinkedIn, 23 June 2025, www.linkedin.com/feed/update/urn:li:activity:7342995000399421440/


4. Amrize, ‘Our Cement,’ accessed 25 June 2025, www.amrize.com/us/en/our-businesses/building-materials/cement.html

Published in Analysis
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Morgan Malecotte appointed as president of FEBELCEM

25 June 2025

Belgium: FEBELCEM, the Federation of the Belgian Cement Industry, has elected Morgan Malecotte as its president. He succeeds Christoph Streicher in the post. The appointment has a duration of two years.

Malecotte is currently the CEO of Holcim Belgium and has been in this position since late 2022. Prior to this he worked for Arkema in management roles from 2014 to 2022. He eventually became its general manager France – BU Construction & Consumer Adhesive. Earlier in his career he worked for the chemicals company Henkel from 2002 to 2014. He holds an bachelor's degree in marketing and management from the Université Paris-Est Marne-la-Vallée, a master’s degree in the same subject from OMNES Education and an executive master’s of business administration (MBA) from INSEAD.

Published in People
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Holcim completes spin-off of Amrize

23 June 2025

US: Holcim completed its 100% spin-off of its North American business Amrize through a dividend-in-kind distribution of one Amrize share per Holcim share owned as of 20 June 2025. The move creates two independent, publicly traded companies, each with its own management and operational focus, according to the company.

Holcim CEO Miljan Gutovic said “This is an exciting moment for Holcim and Amrize as we begin a new chapter as independent companies. I thank all employees for contributing to the many remarkable achievements of Holcim including the exceptional execution of the spin-off. We wish Amrize success in the future under the leadership of its chair and CEO Jan Jenisch.”

Shares of Amrize began trading today [23 June 2025] on the SIX Swiss Exchange and New York Stock Exchange under the ticker ‘AMRZ.’

Published in Global Cement News
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Amine Mnaouer appointed as production manager at LafargeHolcim Maroc

18 June 2025

Morocco: LafargeHolcim Maroc has appointed Amine Mnaouer as a production manager.

Mnaouer has worked for the subsidiary of Holcim and its associated companies since 2014. He started as an Electrical Maintenance Manager for Holcim Morocco in 2014 and became a Raw Mills & Kilns Manager in 2018. He later became Cement Plant Maintenance and Capex Manager in 2022. Prior to working for Holcim, he was an Electrical & Automation Engineer for wood panel producer Cema Bois de l’Atlas. He holds a master’s degree in engineering from the Henri Poincaré University in France and a doctorate in industrial digital transformation from the Mohamed First University in Morocco.

Published in People
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Polish competition authority launches cement cartel investigation

09 June 2025

Poland: The Office of Competition and Consumer Protection (UOKiK) has launched an investigation into Cement Ożarów, Cemex Polska, Dyckerhoff Polska, Góradżdże Cement, Górażdże Beton and Holcim Polska over potential cement cartelisation. The office has not stated the exact triggers of such an investigation at this time.

ISB News has reported that UOKiK previously discovered an 11-year-long conspiracy to divide the market and fix prices between seven companies in 2009.

UOKiK President Tomasz Chróstny said "The return of a cartel would be particularly outrageous, considering that cement is one of the basic construction materials, necessary for the development of housing, road infrastructure and the entire economy."

If found to have been party to any agreement restricting competition, companies can expect penalties as high as 10% of turnover.

Published in Global Cement News
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Holcim trials char fuel in Plastics2Olefins project

03 June 2025

Spain: Holcim is exploring the use of char as an alternative fuel in cement production as part of the Plastics2Olefins project, in collaboration with Geocycle. The producer is evaluating char samples made from different types of plastic waste.

Geocycle plant manager Cristina Gómez said “Since char properties can vary depending on the feedstock, the company is conducting detailed evaluations – looking at calorific value, moisture content, heavy metals, halogens, and sulphur levels, among other parameters.”

These full-scale industrial tests aim to understand how char behaves during combustion, how it affects emissions of CO₂, NOx, and SOx, and whether it impacts the stability of the production process or the quality of the cement. Char samples produced at the Repsol pilot plant are being tested at two of Holcim’s facilities: the Quality Central Laboratory and Geocycle Albox. Gómez added “These comprehensive tests provide a solid understanding of char’s properties and help anticipate how it will perform in real-world industrial conditions.”

Holcim is also experimenting with blends of char and petcoke to optimise energy performance and environmental compliance.

Published in Global Cement News
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Holcim plans Amrize spin-off for 23 June 2025

02 June 2025

Switzerland/US: Holcim will complete the 100% spin-off of its North American business, Amrize, with trading expected to begin on 23 June 2025. The US Securities and Exchange Commission has declared effective the Amrize Form 10 Registration Statement, and Amrize has received authorisation to list shares on the New York Stock Exchange and the SIX Swiss Exchange under ‘AMRZ’.

Holcim shareholders approved the move with 99.75% in favour at the company’s annual general meeting on 14 May 2025. Each Holcim shareholder will receive one Amrize share per Holcim share owned as of close of business on 20 June 2025. The spin-off will be treated as tax neutral for Swiss tax and tax-free for US federal income tax purposes. S&P Global Ratings and Moody’s Ratings rated Amrize at BBB+ and Baa1, respectively, both with stable outlooks.

Published in Global Cement News
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