Displaying items by tag: Holcim

Switzerland: Holcim has appointed Nollaig Forrest appointed as its chief sustainability officer with effect from 1 September 2023. She succeeds Magali Anderson in the post, who has decided to pursue new career opportunities as a board member and supporter of non-government organisations.

Forrest is currently working as the Group Head of Corporate Affairs at Holcim, in charge of Investor Relations, Group Communications, Public Affairs & Branding. Prior to being employed by Holcim, she was the Vice President Corporate Communications at Firmenich and held public affairs roles at Dow, DuPont and the World Economic Forum. Forrest is a member of the MIT Climate and Sustainability Consortium Advisory Council and a member of Bloomberg’s Cities Council for sustainable cities.

Forrest holds a masters degree in International Relations from the Graduate Institute of International Studies in Geneva, Switzerland. She has also completed the Yale-WBCSD Sustainability Leadership and INSEAD International Marketing programs.

Nigeria: Lafarge Africa's sales were US$257m during the first half of 2023, up by 5.9% year-on-year from US$242m during the first half of 2022. Costs rose and the company's profit after tax fell by 5.2%.

Lafarge Africa said "Our strategic and cost management initiatives have contributed to improved results, despite the challenges. We remain steadfast in our commitment to driving innovation and accelerating green growth in line with our sustainability ambitions and targets." The company added "The Nigerian infrastructure and construction sector is expected to continue to grow despite inflationary pressure on purchasing power. As a result, we maintain our positive outlook, with market recovery expected for the second half of the year. We will continue to maximise volume opportunities across our markets and actively manage our costs. The company remains committed to its sustainability ambitions and strategy of Accelerating Green Growth.”

Switzerland: Holcim recorded 7.4% year-on-year growth in its organic sales to US$15.3bn in the first half of 2023. However, in real terms, its sales fell by 11% year-on-year from US$17.1bn during the first half of 2022. Its sales of cement grew by 13.8% on an organic basis to US$7.93bn, down by 21% in real terms from US$10bn. Cement constituted 52% of revenues, compared to 58% in the first half of 2022. Holcim's group share of net income rose by 9% to US$1.47bn from US$1.35bn.

Chair and chief executive officer Jan Jenisch noted 'continued profitable expansion' in the growing North American market and 'accelerated green growth' in the group's Europe and Latin America regions. He said “In line with our Strategy 2025 - Accelerating Green Growth, we reduced our overall CO₂/net sales by 18% while building billion-dollar brands with ECOPact and ECOPlanet. It’s exciting to be at the forefront of decarbonising Europe with three additional grants from the EU Innovation Fund for our carbon capture, utilisation and storage projects, making us the first in our sector with five projects supported by the EU. We look forward to finishing the year strong and to further decarbonising building.” Jenisch concluded that the results 'confirm Holcim’s strong positions across all markets, delivering superior profitability and growth with leading sustainable building solutions and brands.'

Canada: Holcim subsidiary Lafarge Canada has successfully transitioned its Richmond cement plant to exclusively producing ECOPlanet reduced-CO2 cement. The company says that cement produced at the plant in British Columbia will offer at least 30% reduced CO2 emissions compared with ordinary Portland cement (OPC).

Lafarge Canada West president and chief executive officer Brad Kohl said “This is a proud moment for our organisation. This conversion in Lafarge’s Western Canada division highlights our strong commitment to accelerating green growth."

UK: Aggregate Industries subsidiary Lafarge Cement has begun installing a new Euro10m bag filter system at its 1Mt/yr Cauldon cement plant in Staffordshire. The project is due for delivery in early 2024. The system consists of 2080 fabric bags to remove particulates from the plant's flue gases. It will replace the plant's existing electrostatic precipitation system. The company says that the system will triple the removal rate of particulates, reducing them to 10mg/Nm³ from 30mg/Nm³.

Cauldon cement plant manager Thierry Davila said “The installation of the new system will help us provide a step change in our efficiency and effectiveness, and optimise kiln performance. The plant and our operations will hugely benefit from up-to-date technology, which will result in more consistent running of the site, but also it will improve environmental performance and benefit the local community. The new filter system will mean less dust and emissions into the atmosphere and a reduction in pollutants, which is hugely positive and in line with our approach to sustainability.”

Romania: Holcim Romania has appointed Claudiu Anghel as the plant manager of its Campulung cement plant. Anghel took up the post in May 2023 when the previous manager, Cornel Banu, was promoted to the role of Industrial Director of Holcim Romania & Moldova, according to the Diplomat Magazine. Anghel has worked for Holcim and its subsidiaries in Romania, Azerbaijan Russia and Slovakia in electrical engineering roles for over 20 years. He worked as a project manager for electrical and automation for CRH Slovakia in the late 2010s before returning to work for Holcim Romania in managerial positions from 2019.

Kenya: The government says that it has found a 'strategic investor' to buy a 30% stake in East African Portland Cement Company (EAPCC). Business Daily News has reported that the buyer will acquire shares from the National Treasury, the National Social Security Fund (NSSF) and Lafarge South Africa. The government holds 25% of EAPCC's shares through the Treasury, while the NSSF holds 27% and Lafarge South Africa 42%.

Lafarge South Africa denied that it plans to sell any of its shares in EAPCC. Chief executive officer Geoffrey Ndugwa said "We are not aware that we will be ceding shares.”

The government said that shareholders currently face the decision to sell EAPCC's land, seek a bailout from the Treasury or liquidate the company. It expects shareholders to reach a decision and establish a comprehensive plan for the company by 17 August 2023.

Europe: Holcim has secured funding for three separate carbon capture, utilisation and storage (CCUS) projects at its cement plants in Europe. The recipient projects are the Go4Zero project at Holcim Belgium's Obourg cement plant in Belgium, the KOdeCO project at Holcim Croatia's Koromačno cement plant in Croatia and the eM-Rhône project at Lafarge Ciments' Le Teil cement plant in France. The Le Teil plant's system will be used to produce e-methanol, while the investment at the Koromačno plant will be part of a package of upgrades to turn the plant carbon neutral.

Alongside on-going projects in Germany and Poland, this will bring Holcim's total number of EU-funded CCUS projects to five. Holcim is committed to US$2.33bn-worth of investments of its own in over 50 carbon capture projects worldwide before 2030.

Holcim's Europe regional head Miljan Gutovic said “It’s exciting to be at the forefront of decarbonising the building sector in Europe. The support we are receiving from the EU Innovation Fund for five of our CCUS projects is a great testament to the strength of our engineering teams, the maturity of our technologies and our advanced partnerships across the value chain. Our robust pipeline of projects positions us as the partner of choice to scale up carbon capture technologies in Europe.”

France: Heidelberg Materials, Lafarge France, Lhoist and utilities provider TotalEnergies launched the GO CO₂ carbon capture and storage project at the port of Nantes-Saint-Nazaire on 10 July 2023. The Le Marin newspaper has reported that the Euro1.7bn project will treat and liquefy captured CO₂ for underwater storage. The initial participating plants will be Lafarge France’s Saint-Pierre-la-Cour cement plant and Lhoist’s Neau lime plant.

Preliminary studies will commence later in 2023, with an investment decision to be taken in 2027, for commissioning of the project in 2030. The consortium will initially process 2.6Mt/yr of captured CO₂, rising to 4Mt/yr in 2050.

Nigeria: Holcim subsidiary Lafarge Africa hosted industry professional and policy makers at an event dedicated to advancing understanding of renewable energy on 8 July 2023. The Business and Financial Times newspaper has reported that the event included a panel session entitled 'The Business of Clean Energy: Opportunities for Industries.'

Lafarge Africa chair Prince Adebode Adefioye said "It is about stimulating every part of our economy, creating incentives for investors in clean energy and for people and businesses to embrace the use of clean energy products and technologies. It allows Nigeria not only to boost its energy supply and create new high-value jobs, but also to be at the forefront of reducing carbon emissions and saving our planet. Therefore, the whole idea is to bring people together to be able to stimulate ideas, even the banks and broader financial sector, to involve them in creating innovative tech and financial products that allow us to generate and use energy more effectively and productively.”

CEO Khaled El Dokani added “Fighting climate change and making the transition towards a greener economy requires a concerted effort by industries, individuals and the government. As a leader in innovation, Lafarge will continue to collaborate with stakeholders and we expect that the discussions by a range of industry experts and public officials here present today will provide a clear view of the business of clean energy and reveal the opportunities, insights and strategic agendas for leaders in the private and public sectors to accelerate our society’s access to clean energy.”