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Displaying items by tag: Product

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Holcim increases nine-month sales, earnings and profit in 2021

29 October 2021

Switzerland: Holcim’s consolidated sales rose by 16% year-on-year to Euro18.7bn in the first nine months of 2021 from Euro16.1bn in the first nine months of 2020. The company’s recurring earnings before interest and taxation (EBIT) rose by 33% to Euro3.3bn from Euro2.48bn. Its operating profit rose by 38% to Euro3.11bn from Euro2.26bn.

The group increased its cement sales by 7.8% to 150Mt from 139Mt. Volumes in Asia Pacific were 51.7Mt, up by 17% from 44.2Mt; volumes in Europe were 35Mt, up by 4.1% from 33.7Mt; volumes in Middle East Africa were 27.2Mt, up by 11% from 24.5Mt; volumes in Latin America were 20.5Mt, up by 18% from 17.3Mt and volumes in North America were 15.1Mt, up by 1.5% from 14.9Mt.

CEO Jan Jenisch said “I’m pleased that we have achieved a record quarter of profitable growth once again. I congratulate my teams for their exceptional resilience as they continue to successfully navigate the challenges posed by the pandemic in a dynamic business environment. On the back of their performance we have revised our recurring EBIT growth guidance from 18% to at least 22% on a like-for-like basis.” He continued “Most importantly, our colleagues have kept their focus on our key long-term value creation drivers to become the global leader in innovative and sustainable building solutions. We are picking up momentum in our strategic portfolio transformation, with the divestment of our business in Brazil, the announcement of nine bolt-on acquisitions so far this year and the expansion of our Firestone GacoFlex range from Mexico to Colombia and Ecuador.”

Published in Global Cement News
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LafargeHolcim Bangladesh launches Holcim Shokti cement

28 October 2021

Bangladesh: LafargeHolcim Bangladesh has launched a new early strength rapid set cement known as Holcim Shokti. The company said that the product is the first on the Bangladeshi market to use rapid set technology to enhance its early strength by 50% within 48 hours, reduce its setting time by 15 – 25% and optimise water requirements. The producer estimates that project costs will fall by US$16.4/t of Holcim Shokti cement used compared to those of projects using ordinary Portland cement (OPC).

Holcim Shokti cement is available across Bangladesh in bagged form.

Published in Global Cement News
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RHI Magnesita to become majority shareholder in Sormas Refrakter

22 October 2021

Turkey: Sormas Refrakter has agreed to sell 85% of its shares to RHI Magnesita for Euro38.8m. The Turkey-based refractory manufacturer has a production capacity of 60,000t/yr. The companies expect to conclude the deal in the first half of 2022

RHI Magnesita said "With an enlarged product portfolio, further potential exists from this opportunity to deliver full-line service solutions to customers in Turkey.”

Published in Global Cement News
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Trinidad Cement launches ECO reduced-CO2 cement production

19 October 2021

Trinidad & Tobago: Trinidad Cement has launched production of its new reduced-CO2 cement, called ECO, at its Claxton Bay cement plant. Trinidad & Tobago Government News has reported that the company invested US$73,800 in the development of the product.

Published in Global Cement News
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Cementa’s Stockholm cement terminal to transition to fly ash cement supply

18 October 2021

Sweden: Cementa has announced that its Stockholm cement terminal will no longer receive deliveries of its Slite brand cement and will instead begin solely stocking the company’s fly ash cement from 1 December 2021. The producer says that the transition will reduce the carbon footprint of the terminal’s products by 30,000t/yr. Slite cement will continue to be available from the nearby Köping and Oxelösund cement terminals.

Published in Global Cement News
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GCC to convert Trident plant to Portland Limestone Cement in 2022

06 October 2021

US: GCC plans to fully convert production at its 0.35Mt/yr Trident Plant in Montana to Portland Limestone Cement (PLC) in early 2022. The cement producer estimates that the plant’s production change will reduce its CO2 emissions by almost 25,000t/yr.

“We believe that our industry must continue to provide the homes, roads and infrastructure that shape our world while, simultaneously, addressing the challenge of climate change,” said Ron Henley, president of GCC’s US division. “PLC is one piece of the puzzle to reduce greenhouse gases. Concrete made with PLC is a resilient material that easily meets the needs of our customers for generations to come.” He added that GCC signed the Global Cement and Concrete Association’s (GCCA) net zero pledge earlier in 2021.

Published in Global Cement News
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Cemex UK launches Buildings Made Better energy efficient building solutions

28 September 2021

UK: Global building materials supplier Cemex UK has launched its Buildings Made Better range of renovation and refurbishment products and services. The company says that the range offers customers easy access to low carbon, energy efficient or water-conserving building solutions. It includes a wide selection of existing and new products including its Vertua low carbon concrete. The producer said that the solutions support the construction phase and the whole lifecycle of the building.

Cemex Materials West Europe quality and product technology director Steve Crompton said “The renovation of existing buildings can lead to significant energy savings for all, as buildings account for over 40% of energy consumed. More than 220m buildings in Europe, representing approximately 85% of the building stock built before 2021, will mostly still be standing in 2050, yet currently only 1% of buildings undergo energy-efficient renovation each year. The energy performance of buildings is a major area for improvement in public policies, for new build and the renovation of the existing stock. From residential housing, to public buildings and urban schemes, across the board, we’re demonstrating to our customers that by improving the built environment, we can significantly improve our natural environment too.”

He added “Concrete has a critical role to play in the transition to a low-carbon economy. We have the aspiration to deliver net zero CO2 concrete globally by 2050, which will contribute to the development of climate-smart urban projects, sustainable buildings and climate resilient infrastructures. By bringing together a comprehensive range of sustainable products that support the important area of retrofit, we are offering our customers easy access to the right products for the job whilst keeping the environment front of mind.”

Published in Global Cement News
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Lehigh Hanson launches new bag design for EcoCemPLC product

22 September 2021

US: Lehigh Hanson has launched a new bag design for its EcoCemPLC product, a Portland Limestone Cement. Features of the refreshed packaging design for EcoCemPLC include the ‘reduced carbon footprint’ icon, featured prominently in the new bag design to emphasise EcoCemPLC’s carbon-reduction benefit. The newly designed bag will be released to retail and dealers in October 2021.

“The new bag design and transition to EcoCemPLC is about more than aesthetics - it’s about clearly communicating the proven benefits of EcoCemPLC to sustainably minded customers,” said Alex Car, president of Lehigh Hanson’s Northeast Region.

Published in Global Cement News
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Murdoch University team develops Colliecrete fly ash-based concrete

20 September 2021

Australia: Researchers from Murdoch University in Western Australia have developed a cement-free concrete called Colliecrete. ABC News has reported that the concrete comprises of 80 – 90% fly ash. Other ingredients are bauxite residue and recycled aggregates. Developer Ramon Skane said that customers can make Colliecrete ‘anywhere, at room temperature.’

Published in Global Cement News
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Saoura Ciment launches sulphate-resistant cement production

17 September 2021

Algeria: Saoura Ciment has begun sulphate-resistant cement production at its Saoura cement plant near Béchar. The Groupe des Ciments d'Algérie (GICA) subsidiary made the move as part of efforts to diversify its production. It plans to supply the product to public works projects in the region, where its resistance to high soil salinity will prove useful. The cement will be available from all four of the plant’s commercial outlets in and around Bechér.

In August 2021, Saoura Ciment produced 180,000t of cement. It exported 25,000t to Mali, Mauritania and Niger during the month.

Published in Global Cement News
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Page 17 of 38
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