Global Cement News

Jordan: Lafarge Jordan is negotiating with the Jordan government to find a solution to end protests by its employees. The Jordan Times newspaper has reported that the workers went to Parliament to protest their rights, which they claim have been impinged on by the company. Labour Minister Nayef Steitieh urged the parties to establish a compromise in order to resolve the protesters’ demands.

India: ACC has expanded its Green Building Centre chain into Telangana. The Orissa Diary newspaper has reported that the producer inaugurated the new Karimnagar Green Building Centre in the state on 14 December 2021. The centre will stock affordable alternative building products such as fly ash bricks and reduced-CO² concrete blocks. ACC aims to support Indian cities’ social, environmental and financial development through its Green Building Centres.

Managing director and chief executive officer Sridhar Balakrishnan said "At ACC, we strongly believe in embracing communities and working together to effect the real change. ACC's Green Building Centre business model benefits thousands of small scale construction workers by giving them employment and training."

Italy: Cementir Holding has been achieved its first CDP A- rating for climate change mitigation in its operations. The producer said that the global average rating is B-, compared to B in Europe and in the cement and concrete industry globally. CDP awarded Cementir a B for water security, its first such rating in the category.

Chair and chief executive officer Francesco Caltagirone said “This achievement is a further recognition of our efforts to make our carbon footprint more sustainable. We are committed to tackling climate change and minimising our environmental impact.”

US: LafargeHolcim has acquired Marshall Concrete Products. The newly acquired subsidiary supplies concrete products and services in the Minneapolis/St Paul metropolitan area in Minnesota.

Chief executive officer Jan Jenisch said “This acquisition is another step in our Strategy 2025 to become the global leader in innovative and sustainable building solutions. We welcome the employees of Marshall Concrete Products and look forward to building on their strong customer service focus, which made them a partner of choice in the Twin Cities area for decades. This acquisition strengthens our presence in this strong growth market while contributing to Holcim’s overall strategy to expand our range of low-carbon products and solutions.”

Iran: Ghadir Investment Cement Holding launched its initial public offering (IPO) on 11 December 2021. The Financial Tribune newspaper has reported that the company will seek to sell 5% of its shares. It expects to generate around US$8m from the IPO.