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News LafargeHolcim

Displaying items by tag: LafargeHolcim

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A TEC wins alternative fuels flash dryer contract at Lafarge Hungary’s Királyegyháza cement plant

29 March 2021

Hungary: Lafarge Hungary, part of LafargeHolcim, has awarded a contract to Germany-based Loesche subsidiary A TEC for the supply of an alternative fuel (AF) flash dryer for the 1.0Mt/yr kiln line at its Királyegyháza cement plant in Baranya county. The supplier says that the dryer will use residual hot gas from the chlorine bypass system in conjunction with a satellite burner for firing the material in the kiln. The project also includes the installation of a new AF receiving, handling, and dosing system for a second AF flow firing directly into the kiln burner. A TEC says that it will commission the project in the second quarter of 2021 after the end of the plant’s 2020/2021 winter shutdown.

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LafargeHolcim appoints Magali Anderson as chief sustainability and innovation officer

19 March 2021

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.

Published in People
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Protesters allege illegal limestone sale by LafargeHolcim Bangladesh

12 March 2021

Bangladesh: Protesters in Chhatak, Sunamganj District have accused LafargeHolcim Bangladesh of selling limestone illegally. The New Nation newspaper has reported that protesters allege that the company sold imported Indian limestone on the open market. They allege that the limestone was imported exclusively for use as a raw material in cement production under Bangladeshi tax law.

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Michael Wildmore appointed as Hanson’s technical development manager for cement

10 March 2021

UK: HeidelbergCement subsidiary Hanson has appointed Michael Wildmore as the technical development manager for its cement business. He holds over 30 years’ experience in senior technical and quality management roles in the building materials industry, according to Construction Index.

Wildmore joined Hanson UK, part of the HeidelbergCement, as a technical sales advisor in January 2020 having previously spent five years with Tarmac, latterly as technical manager at Tarmac Building Products. Before that, he worked for 20 years with Redland and subsequently Lafarge and LafargeHolcim after acquisitions and mergers. He is an associate member of the Institute of Concrete Technology and is on technical committees of the Mineral Products Association (MPA).

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2020 roundup for the cement multinationals

03 March 2021

LafargeHolcim’s financial results for 2020 arrived this week, giving us data on many of the larger multinational cement producers. The Chinese ones are yet to release their results and some of the larger other ones such as CRH, Votorantim and InterCement are pending too. Yet, what we have so far gives a selective view on an unusual year. Revenue was down for most producers year-on-year in 2020 due to the effects of the coronavirus pandemic upon construction activity and demand for building materials. There were large regional differences between how countries implemented different lockdowns, how markets responded and how they bounced back afterwards. Generally, the financial effects of this were felt in the first half of 2020 with recovery in the second.

Graph 1: Sales revenue from selected cement producers in 2019 and 2020. Source: Company reports. Note: Figures calculated for Indian producers.

Graph 1: Sales revenue from selected cement producers in 2019 and 2020. Source: Company reports. Note: Figures calculated for Indian producers.

Graph 2: Cement sales volumes from selected cement producers in 2019 and 2020. Source: Company reports. Note: Figures calculated for Indian producers.

Graph 2: Cement sales volumes from selected cement producers in 2019 and 2020. Source: Company reports. Note: Figures calculated for Indian producers.

LafargeHolcim’s figure in Graph 1 above is a little misleading given that it has divested assets. Its like-for-like reduction in net sales was more like 6%, a similar figure to HeidelbergCement’s. Both experienced mixed results in North America and Europe but not terribly so. LafargeHolcim did relatively well in Latin America. HeidelbergCement found growth in its Africa-Eastern Mediterranean Basin region. It’s also worth noting the comparative leverage of each company: 1.4x for LafargeHolcim and 1.86x for HeidelbergCement. Both are slimming down but the latter’s ongoing divestment plan (see GCW 494) can be seen in the context of its debt to earnings ratio and the cash crisis that coronavirus threw up in 2020.

The contrast between these companies and Cemex and Buzzi Unicem is striking. Both of these benefitted from operations in the North America and parts of Europe. In Cemex’s case sales in Mexico and the US, made the difference despite falling sales elsewhere. Buzzi Unicem’s sales also held up in the US especially in the second half of the year. Europe was more mixed for both producers with growth reported in Germany but losses elsewhere.

The Indian producers tell a different story but one no less notable. Despite a near complete shutdown of production for around a month from late March 2020, the regional market largely recovered. As UltraTech Cement told it in January 2021, “Recovery from the Covid-19 led disruption of the economy has been rapid. This has been fuelled by quicker demand stabilisation, supply side restoration and greater cost efficiencies.” It added that rural residential housing had driven growth and that government-infrastructure projects had helped too. It expects pent-up urban demand to improve with the gradual return of the migrant workforce.

Unfortunately, Semen Indonesia, the leading Indonesian producer, suffered as the country’s production overcapacity was further hit by scaling back of government-based infrastructure projects as it tackled the health situation instead. Its solution has been to focus on export markets instead with new countries including Myanmar, Brunei Darussalam and Taiwan added in 2020 joining existing ones such as China, Australia and Bangladesh. The company’s total sales volumes may have fallen by 8% year-on-year to 40Mt in 2020 but sales outside of Indonesia, including exports, grew by 23% to 6.3Mt.

On a final note it’s sobering to see that the third largest seller of cement in this line-up was UltraTech Cement, a mainly regional producer. Regional in this sense though refers to India, the world’s second largest cement market. By installed production capacity it’s the fifth largest company in the world after CNBM, Anhui Conch, LafargeHolcim and HeidelbergCement. This move towards regionalisation among the large cement producers can also be seen in the large western-based multinationals as they are heading towards fewer but more selective locations. More on the world’s largest producer, China, when the producers start to releases their financial results towards the end of March 2021. Whatever 2021 brings, let’s hope it’s better than 2020.

Published in Analysis
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Lafarge Africa to invest US$8m in upgrade to filters at Ewekero cement plant

02 March 2021

Nigeria: LafargeHolcim subsidiary Lafarge Africa plans to invest US$8m on an upgrade to the electrostatic precipitator filters at the bagging plant at its Ewekero cement plant. The Punch newspaper has reported that the upgrade requires a six-month shutdown of the unit’s kilns to make the changes. Chief executive officer Khaled El-Dokani said that the investment ‘underscores the company’s commitment’ to sustainability.

Published in Global Cement News
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LafargeHolcim consolidated sales and recurring earnings fall in 2020

26 February 2021

Switzerland: LafargeHolcim’s consolidated net sales in 2020 were Euro21.1bn, down by 5.6% year-on-year on a like-for-like basis from Euro24.4bn in 2019. The group recorded recurring earnings before interest and taxation (EBIT) of Euro3.35bn, down by 2% from Euro3.74bn. Its cement sales fell to 190Mt, down by 7% from 208Mt. It noted an increase in bagged cement sales in emerging markets.

By region the group reported like-for-like growth in sales and earnings in Asia-Pacific driven by recovery in India and China despite weaknesses in the Philippines and Australia. Earnings rose despite falling sales in Europe, Latin America and North America with a resilient market noted in Central Europe and an ‘outstanding’ year reported in Latin America. Middle East Africa reported falling cement demand and adverse market affects from the coronavirus pandemic, although Nigeria remained buoyant.

Chief executive officer Jan Jenisch said, “2020 was an unprecedented year for everyone, challenging us to be more resilient, while stepping up to take care of those around us.” He added, “This crisis has really proven the resilience of our strategy and business model. By the fourth quarter of 2020 we were back to growth, with a 1.5% increase in net sales and over-proportional recurring EBIT of 14%.” The group completed eight ‘bolt-on’ acquisitions in 2020 and signed an agreement to acquire Firestone Building Products, a producer of flat-roofing systems in the US. It also claimed that, “Every tonne of cement we produced in 2020 was more carbon-efficient and contained more recycled material than the year before.”

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Hima Cement launches Fundi masonry cement

26 February 2021

Uganda: LafargeHolcim subsidiary Hima Cement has launched Fundi masonry cement. The company says that the product has a lower carbon footprint than Ordinary Portland Cement (OPC). It is suitable for use in plastering, brick laying and mortar works.

Hima Cement Uganda chief executive officerJean-Michel Pons said, “Fundi is an application-based cement that is formulated with enhanced capabilities for masonry and plaster works. The customer is guaranteed improved workability, affordability and beautiful finishes.” He added, “In addition to addressing the application needs for masonry works, Fundi masonry cement is now the greenest cement on the Ugandan market. Fundi is produced with a reduced carbon footprint, with 54% lower CO2 emissions in comparison to OPC.”

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Gebr. Pfeiffer to supply Lafarge Poland’s Malogoszcz cement plant with vertical roller mill

26 February 2021

Poland: LafargeHolcim subsidiary Lafarge Poland has ordered a 307t/hr MVR 3750 R-4 vertical roller mill from Germany-based Gebr. Pfeiffer for its Malogoszcz cement plant in Świętokrzyskievoivodeship. The supplier says that the equipment has a drive power of 2500kW and that it is the first MVR mill to be installed in the country. It said that the producer chose the mill for its reduced energy requirements compared to those of other grinding mills. China-based Nanjing Kisen will execute the order for commissioning in early 2022.

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Holcim Philippines appoints Horia Adrian as head

24 February 2021

Philippines: Horia Adrian has been appointed as the president and chief executive officer (CEO) of Holcim Philippines. He succeeds John Stull will be reassigned to another position within LafargeHolcim Group after three years in the post.

Adrian is a graduate of the masters degree programme in business administration at Anjou University in South Korea and of the bachelors and masters programme in mechanical engineering at ‘Dunărea de Jos’ University in Galați in Romania. He joined the LafargeHolcim Group in 2000 as a project manager for Holcim Romania’s Ready-mix and Aggregates Division. Between 2004 and 2010 he was the sales, marketing and logistics director, and respectively the CEO, of Garadagh Cement in Azerbaijan. He later became the CEO of Romania and Market Head Emerging Europe in 2018.

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Page 9 of 107
AI Modules - The Kima Process
Loesche - Innovative Engineering
Airscape - The new sealing standard for transfer points in conveying systems
Acquisition Cemex China CO2 concrete coronavirus Export France Germany Government grinding plant HeidelbergCement Holcim Import India Lafarge LafargeHolcim Mexico Nigeria Pakistan Plant Product Production Results Russia Sales Sustainability UK Upgrade US
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