Displaying items by tag: construction and demolition waste

Serbia: Holcim has acquired aggregates producer Teko Mining Serbia. Teko Mining Serbia’s aggregates sales were 2.4Mt in 2021. It employs 150 people across its quarries in Batocina, Ceramide, Ladne Vode and Ljubovija.

Holcim’s Europe, Middle East and Africa regional head Miljan Gutovic said “Teko complements our existing cement and concrete operations perfectly, allowing us to add aggregates and asphalt as part of our integrated offer in this highly dynamic market. I look forward to welcoming the employees of Teko Mining, whose expertise will be invaluable in accelerating our growth, especially in the highly dynamic Serbian market, and will enable us to develop circular solutions to recycle construction and demolition waste in the future.”

Switzerland: Holcim recorded net sales of US$6.75bn in the first quarter of 2022, up by 20% year-on-year from US$5.62bn in the first quarter of 2021. The group’s recurring earnings before interest, taxation, depreciation and amortisation (EBIT) rose by 16% to US$643m from US$553m. The company has upgraded its outlook 2022 to a forecast of full-year net sales growth of at least 10%.

CEO Jan Jenisch said “I am very encouraged by the record start of the year, setting a solid foundation to our Strategy 2025 – Accelerating Green Growth.”

The first quarter of 2022 brought four new bolt-on acquisitions in addition to the group’s conclusion of its US$1.35bn Malarkey Roofing Products acquisition. The company says that it remains actively engaged in supporting humanitarian efforts in Ukraine.

Holcim has also published its industry-first Climate Report 2022. The report details the company’s progress towards achieving its sustainability targets under the four pillars of its Strategy 2025 – Accelerating Green Growth. Under the Accelerating Growth pillar, Holcim reached a total of 15 markets with its ECOPlanet reduced-CO₂ cement range. Under Expanding Solutions & Products, it reduced the proportion of cement sales in its consolidated sales to 57% in 2021 from 60% in 2020. Its other pillars are Leading in Innovation and Sustainability and Delivering Superior Performance. In 2021, the company used 6.6Mt of recycled construction and demolition waste in its products, against a 2050 target of 10Mt.

Chief sustainability and innovation officer Magali Anderson said “On our net-zero journey, we are walking the talk at Holcim, taking clear science-driven action to win the race for climate.”

France: CRH subsidiary Eqiom has successfully commissioned its Gennevilliers construction waste recycling pilot plant. Prior to the plant’s opening, Eqiom recycled 10,000t of construction waste in the first quarter of 2022. It is now aiming to recycle 50,000t in 2022.

The company says that its continual efforts are making the circular economy possible in the construction sector.