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Holcim announces 100–plant predictive maintenance roll-out up to 2028

27 June 2024

Switzerland: Holcim plans to expand the use of artificial intelligence (AI)-based software at 100 production plants by 2028. The company will use the technology for predictive maintenance, in order to increase operational efficiency and resilience. It has installed the system at 45 plants to date. C3 AI is providing its predictive software products, and the group is also piloting generative AI techniques.

Holcim CEO Miljan Gutovic said "AI is a transformative technology that will revolutionise our industry. Already widely embedded across Holcim, AI catalyses operational efficiency and enhances customer service.”

Published in Global Cement News
Tagged under
  • Holcim
  • Switzerland
  • AI
  • predictive maintenance
  • Maintenance
  • software
  • digitisation
  • automation
  • target
  • Industry 40
  • GCW666

Shree Cement achieves 1GW captive power capacity

27 June 2024

India: Shree Cement says that it has reached 1GW captive power capacity across its plants, after commissioning a new 19.5MW solar power plant at a facility in Andhra Pradesh. Renewables account for 499MW (50%) of the total. Shree Cement says that its investments in renewables to date total US$479m. NBM & CW News has reported that the company has current planned new investments worth US$120m in renewables. This will cover 132MW-worth of solar, 36MW of wind and 34MW of waste heat recovery power capacity.

Published in Global Cement News
Tagged under
  • India
  • Shree Cement
  • Solar power
  • Sustainability
  • CO2
  • Investment
  • GCW666

Adani Group to invest US$15.7bn in the 2025 financial year

27 June 2024

India: Adani Group plans to invest US$15.7bn in the current, 2025 financial year. The investments will support Adani Group’s expansion and diversification across various sectors, including cement. The group plans to reach 140Mt/yr in cement production capacity by the end of the 2028 financial year. The 2025 financial year will end on 31 March 2025.

Published in Global Cement News
Tagged under
  • India
  • Adani Group
  • Adani Cement
  • growth
  • Capacity
  • GCW666

Holcim completes acquisition of Cand-Landi Group

27 June 2024

Switzerland: Holcim has acquired recycling, ready-mix concrete and aggregates company Cand-Landi Group. The company employs 250 people across its operations in Western Switzerland. Holcim plans for Cand-Landi Group to supply alternative raw materials and fuels for use at its Eclépens plant. It says that the acquisition will increase its recycling capacity of construction and demolition materials by 100,000t/yr.

Holcim CEO Miljan Gutovic said "The acquisition of the Cand-Landi Group will advance decarbonisation and circularity in Switzerland, a lighthouse market for innovation at Holcim. I look forward to welcoming all 250 employees of the Cand-Landi Group and investing in our next chapter of growth together."

Published in Global Cement News
Tagged under
  • Switzerland
  • CandLandi
  • Holcim
  • Acquisition
  • CO2
  • Sustainability
  • circular economy
  • Recycling
  • Alternative raw materials
  • construction and demolition materials
  • GCW666

UltraTech Cement revises offer to acquire RAK White Cement stake down to 25%

26 June 2024

UAE: India-based UltraTech Cement has revised its former offer to acquire a 32% stake in RAK White Cement.The group told investors on 25 June 2024 that it is now seeking to acquire a 25% stake. The acceptance period for its previous offer elapsed on 24 June 2024.

Published in Global Cement News
Tagged under
  • UAE
  • UltraTech Cement
  • Acquisition
  • Stake
  • RAK White Cement
  • GCW665
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