Displaying items by tag: LafargeHolcim

Morocco: Bedeschi has reported that erection works are underway at a project it is carrying out for LafargeHolcim in Morocco. Following an intense civil work phase, during which the single trusses were preassembled and equipped with the mechanical comports, the 4.3km-long belt conveyor is taking shape. The site team is taking full advantage of Trimble Connect to facilitate the erection works.

The conveyor, which trusses up to 5t completely assembled at ground, has been erected on a mountain using a suspended cableway. The system, installed and operated by Bedeschi team with its partner SEIK, allowed fast-track operations with high degree of safety and quality.

Spain: LafargeHolcim España says that a planned Euro8m investment to its Sagunto integrated cement plant is dependent on talks with the Valencian local government on the medium and long-term use of its quarry. Plant director José Luis Coleto said that this expenditure is part of a Euro20m package that LafargeHolcim has scheduled for the country until 2022. He added that the plant has spent Euro3.5m on the plant in 2019 on control systems upgrades and installation of an automated laboratory.

Zimbabwe: Lafarge Zimbabwe’s chief executive officer (CEO) Siame Kaulule has left the company for a new role with LafargeHolcim in South Africa, according to the NewsDay newspaper. Kaulule was appointed as the head of LafargeHolcim’s Zimbabwe operations in early 2019. He succeeded Amal Naiel, who spent five years in the post.

There have been rumours in the press this week that LafargeHolcim is weighing up its options in South Africa. Reports in the local press allege that the building materials company has tasked Credit Suisse Group with finding a buyer for its business. This may or may not be true, only time will tell, but South Africa certainly feels like a market where LafargeHolcim should be considering its future.

As a prominent but smaller producer in the country, Lafarge South Africa is behind PPC and AfriSam in terms of clinker production capacity. InterCement’s subsidiary Natal Portland Cement and Dangote’s subsidiary Sephaku Cement have a similar production base with an integrated plant each and one or two grinding plants. Halfway through 2019 LafargeHolcim was describing market conditions as ‘difficult’ in the country with it being the sole Sub-Saharan market holding back regional growth for the group. By the third quarter the situation had reportedly improved but net sales and cement sales volumes were flat for the year to date. A clearer picture should emerge when LafargeHolcim publishes its fourth quarter results at the end of February 2020.

PPC provided its view of the market in its half-year results to 30 September 2019. Its estimate was that the South African cement industry declined by 10 - 15% for the period, creating a competitive environment. It added that the situation had been, ‘exacerbated by imports and blender activity.’ Both its revenue and earnings fell year-on-year, although a 30% rise in fuel costs didn’t help either. Sephaku Cement suffered a similar time of it, with a 19% fall in cement sales volumes during the first half, although it reported improvement in the subsequent quarter. Overall, it blamed falling infrastructure investment for pressurising the market and allowing blending activity to mount. Sephaku Cement was also wary of the local carbon tax that started in June 2019 warning of a potential US$2.8m/yr bill.

PPC noted that cement imports had risen by 5% to 0.85Mt in the year to August 2019. This followed a lobbying effort by The Concrete Institute (TCI) in mid-2019 to implore the International Trade Administration Commission (ITAC) to look into rising imports levels. At the time the TCI’s managing director Brian Perrie expressed incomprehension that a country with six different cement production companies with an over-capacity rate of 30% could be facing this problem. This latest broadside tails South Africa’s previous attempt to fend off imports when it instituted anti-dumping duties of 17 – 70% against importers from Pakistan in 2015. Imports duly fell in 2016 but rose again in 2017 and 2018, mainly from Vietnam and China.

All of this sounds familiar following LafargeHolcim’s departure from the ‘hyper-competitive’ South-East Asian countries in 2019. Those countries also suffered from competition and raging imports. Bloomberg pointed out in a report on the local industry in 2016 that PPC’s, AfriSam’s and LafargeHolcim’s kilns had an average age of 32 years, suggesting that efficiency and maintenance were going to be concerns in the future. Also of note is LargeHolcim’s decision to move its South African operations from one subsidiary, Lafarge Africa, to another, Caricement, in mid-2019.

Some level of market consolidation would certainly help local overcapacity. Plus, surely, LafargeHolcim’s mix of inland integrated capacity and a grinding plant near the coast could prove enticing to some of the Asian companies pumping out all of those imports. The thought on the minds of potential buyers everywhere must be, if LafargeHolcim chief Jan Jenisch was bold enough to sell up in South-East Asia, how can he not in South Africa?!”

Philippines: Samuel O Manlosa has been appointed as the manager of Holcim Philippines’ Davao plant. He succeeded Xavier Arul Kennedy Savarimuthu in the post, who has been reassigned by the LafargeHolcim Group to lead plant operations in Nigeria.

Previously, Manlosa led a project to improve systems and processes to yield efficiency gains for Holcim Philippines' manufacturing operations. He has worked as a process and automation expert for LafargeHolcim's operations in Southeast Asia supporting plants in seven countries. Manlosa has also been sent to Holcim Switzerland for training on advanced process engineering and cement manufacturing. A native of Dipolog City, Zamboanga del Norte, he is a graduate from the Mindanao State University in Marawi City.

LafargeHolcim signed an agreement with San Miguel Corporation in mid-2019 for the divestment of its entire 85.7% shareholding in Holcim Philippines. The process is still ongoing.

Canada: Tina Larson has been appointed as Vice President, Saskatchewan and Manitoba by Lafarge Canada. She first joined Lafarge in 2010 as General Manager, Pipe in the Greater Calgary Area following a 16-year career with Weyerhaeuser Canada where she held various management positions. In 2015, Tina was promoted to the country level role of Director, Health and Safety for Western Canada. Larson holds an undergraduate and graduate degree in Chemical Engineering from the University of Alberta.

India: Switzerland-based LafargeHolcim has co-located its global digital and business services at a single site in Mumbai. The company says that the Global Hub will enable it to ‘focus on providing modern global platforms and capabilities, accelerating the pace of innovation at a local, regional and global level.’

South Africa: LafargeHolcim is planning to sell its South African operations as the world's largest building material maker continues to streamline its portfolio, according to sources close to a deal who spoke to Bloomberg. The Swiss company is working with adviser Credit Suisse Group to seek a buyer for the business. It has apparently already reached out to local competitors, Chinese cement producers and buyout firms, but may struggle to attract interest for the unit due to challenging dynamics in the country's cement industry. South Africa is Africa’s most mature cement market but it is hampered by decreasing demand, old production facilities, tight domestic competition and cheap imports from the Middle East. A representative for LafargeHolcim declined to comment.

India: Nuvoco Vistas Corporation, Nirma Ltd’s cement making subsidiary, is reported to be considering a partnership with either Apollo Global Management or Bain Capital to bid for Emami Cement, according to sources quoted by the Mint news outlet. Emami Cement’s owners RS Agarwal and RS Goenka are seeking a valuation of around US$1bn for the company, which operates a 2.5Mt/yr integrated plant at Risda in Chhattisgarh and a 2.5Mt/yr grinding plant at Panagarh in West Bengal.

Emami also acquired a 0.6Mt/yr grinding plant at Bhabua, Bihar in September 2018. In addition, the firm has mining assets in Guntur in Andhra Pradesh and near Jaipur in Rajasthan. Its main markets are in West Bengal, Chhattisgarh, Odisha, Jharkhand, Bihar, Maharashtra and Madhya Pradesh, where it markets its products under the Double Bull brand.

LafargeHolcim and HeidelbergCement both submitted expression of interest in Emami, while UltraTech Cement has also been linked to the firm.

France: Following a successful trial that began in December 2019, LafargeHolcim has inaugurated a FastCarb CO₂ absorption accelerator into concrete production at its Val d'Azergues cement and concrete plant (integrated capacity 0.4Mt/yr) in Lozanne. The technology involves the capture of CO₂ from the plant’s cement kiln for reinjection into concrete produced with recycled aggregates. François Petry, LafargeHolcim France managing director, said the installation ‘fits perfectly into our Lafarge 360 approach for more responsible construction.’ The five-pillar approach consists of alternative fuel substitution and development, power consumption reduction, formulation of new cements, cooperation with Airium insulation solutions and assistance with low-carbon building design.