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Dalmia Bharat increases first half earnings by 15% amidst falling sales

06 November 2020

India: Dalmia Bharat’s earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 15% year-on-year to US$177m in the first half of the 2021 financial year, from US$154m in the first half of the 2020 financial year. Overall sales were US$591m, down by 8% from US$644m, while cement sales fell by 5% to US$567m from US$596m. The company attributed this to “a seasonal weakness of cement prices during the second quarter especially in the eastern region” in addition to a fall in volumes by 6% to 8.46Mt from 9.02Mt in the first half.

Chief executive officer (CEO) and managing director Mahendra Singhi said, “The strength of our company’s foundation is visible in overall improvement in the operating metrics during the second quarter and during the first half of the 2021 financial year. Our team has truly been instrumental to our success and we are completely geared up for a successful integration of the new capacity and ramping up its utilisation levels. Our second quarter EBITDA of US$94.6m is the highest ever for the company.”

Published in Global Cement News
Tagged under
  • India
  • Dalmia Bharat
  • Results
  • GCW481

Huaxin Cement plant named on National Green Manufacturing 2020 list

06 November 2020

China: The Ministry of Industry and Information Technology has named Huaxin Cement’s Yangxin plant in Hubei province on its National Green Manufacturing 2020 list. The list includes industrial facilities that have taken successful measures towards sustainability and pollution reduction.

The company said that the plants have together invested US$15m in “dust collection system transformation, rain and sewage separation projects, mill sound insulation and noise reduction treatment, kiln bypass air release and other large-scale environmental protection projects, supplemented by “greening and cleaning” and tree planting.” It added that the plant processes 219,000t/yr of refuse-derived fuel (RDF), saying, “This signifies our successful transformation from a traditional cement company to a green and environmentally friendly building materials company.”

Published in Global Cement News
Tagged under
  • China
  • Huaxin Cement
  • Plant
  • Sustainability
  • Government
  • Refuse Derived Fuel
  • GCW481

Lafarge France to continue operations and services throughout second lockdown

06 November 2020

France: LafargeHolcim subsidiary Lafarge France says that it will continue to provide its regular service to customers as operations continue into a second national coronavirus lockdown in 2020. This was made possible by the government’s decision to permit the continuation of construction and industrial activities, according to the company.

It said, “The company has learned a lot since the containment last spring and is prepared to guarantee the best possible service for all of its markets, even under the specific conditions linked to the acceleration of the Covid-19 epidemic. All activities - cements, concretes and aggregates - will therefore operate normally throughout the country.” It added, “All our sites are now showing sufficient stock levels to deal calmly with the coming months.”

Published in Global Cement News
Tagged under
  • France
  • LafargeHolcim
  • Lafarge France
  • coronavirus
  • Government
  • lockdown
  • concrete
  • Aggregates
  • GCW481

LafargeHolcim and Witteveen + Bos launch 3D Printing Hackathon

06 November 2020

France: Switzerland-based LafargeHolcim and Netherlands-based Witteveen + Bos have launched the 3D Printing Hackathon, an event in which engineering, architecture, and materials science students will compete to develop a new product leveraging 3D concrete printing technology to solve major problems in construction.

LafargeHolcim will supply concrete and provide technical mentorship to contestants. The company said that, while construction accounts for 40% of global carbon dioxide (CO2) emissions, 1.6bn people are altogether without adequate housing. “Building more with less accelerates the speed of construction and reduces a building’s footprint. Leading the way in green building solutions, LafargeHolcim is actively deploying 3D printing towards addressing these challenges.” Research and development head Edelio Bermejo added, “We need to join forces to make this ground-breaking technology a reality. Join us on this exciting adventure!”

The group is offering a prize pool of Euro15,000 and operational support for full-scale implementation of the winning 3D printing solution.

Published in Global Cement News
Tagged under
  • France
  • LafargeHolcim
  • Competition
  • concrete
  • 3D printing
  • Witteveen + Bos
  • Prize
  • GCW481

FYM helps found chair on climate change at University of Malaga

06 November 2020

Spain: HeidelbergCement subsidiary FYM has partnered with the University of Malaga (UMA) to create a chair on climate change at the institution. The position aims “to create and promote the study, research and development of new solutions to the climate emergency and its consequences for nature and daily life.” The company said that this consists in: “deepening the knowledge of the causes and consequences of climate change in Malaga Province, investigating the possibilities of its mitigation, especially through circular economic processes, encouraging research, development and innovation within the different lines of action in the fight against climate change, setting and substantiating industry targets and promoting understanding of the effects of climate change and the different forms of mitigation and adaptation.”

Published in Global Cement News
Tagged under
  • Spain
  • FYM
  • HeidelbergCement
  • University of Malaga
  • Sustainability
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