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Tag: LafargeHolcim

  • LafargeHolcim strengthens the cycle in the wind industry

    LafargeHolcim strengthens the cycle in the wind industry

    The Zug-based building materials group LafargeHolcim and the Paris-based General Electric subsidiary GE Renewable Energy are teaming up. According to a press release, together they want to find new ways of recycling materials from dismantled wind turbines. The rotor blades are also to become part of a circular economy, among other things as material for the construction of new wind farms.

    Both want to develop closed loop solutions especially for the European market. The background to this is that wind turbines that are aging there by 2025 with a cumulative output of almost 10 gigawatts will be repowered, i.e. replaced with more powerful ones of the latest generation or shut down.

    "With sustainability at the heart of our strategy, the acceleration of renewable energies and the circular economy are top priorities for our company," said Edelio Bermejo, head of the Global Innovation Center at LafargeHolcim. “I am very happy about this collaboration with GE Renewable Energy because it fulfills both goals.” According to the CEO of his partner, Jérôme Pécresse, this collaboration “will make a significant contribution to increasing the sustainability of wind energy today and in the future ".

    Both companies have been working together since 2020. Together with the Danish company Cobod , they are developing record-high towers for wind turbines using concrete 3D printing. These towers are "more robust, more efficient and will be manufactured ten times faster than before," says the press release. According to its own information, LafargeHolcim recycled 46 million tons of material last year. By 2030 it should be 100 million tons.

  • LafargeHolcim purchases in Greece

    LafargeHolcim purchases in Greece

    LafargeHolcim has strengthened its Heracles group in Greece. The Zug-based building materials manufacturer bought Halyps Domia Ylika, namely its large aggregates business and two ready-mixed concrete plants, from its competitor Heidelberg Cement. As stated in a media release from LafargeHolcim, this acquisition will strengthen the position of the Heracles Group in the flourishing metropolitan area of Athens with its important infrastructure projects.

    "I am excited about the opportunities and growth prospects of this acquisition in the Attica region in central Greece," said Miljan Gutovic, Region Head EMEA, in the press release. "With our leading range of sustainable building solutions such as the green concrete ECOPact, it will also support us in our pursuit of net zero."

    The acquisition will offer Heracles customers an expanded product portfolio of aggregates and concrete solutions that are suitable for all construction projects. This April, for example, the Heracles Group launched its ECOPact range of green concrete with a reduced CO2 footprint.

  • LafargeHolcim reports record high quarterly results

    LafargeHolcim reports record high quarterly results

    According to a release from LafargeHolcim , the globally active Zug-based building materials group generated net sales of CHF 5.36 billion in the first quarter of 2021. In a year-on-year comparison and adjusted for portfolio changes, this corresponds to growth of 7.4 percent. The recurring operating result at EBIT level rose in the same period on a comparable basis by 130.7 percent to 528 million Swiss francs.

    "I am pleased to announce that we made an excellent start to the year with a record high Q1 result," said Group CEO Jan Jenisch in the announcement. "We are thus continuing our strong growth trajectory of the last few quarters."

    Jenisch expects to be able to strengthen the growth dynamic with the acquisition of Firestone Building Products , which was completed in the reporting quarter. The American company, which specializes in building envelopes and roof systems and is based in Nashville, Tennessee, had annual sales of $ 1.8 billion in 2020. The successful integration of the new acquisition should enable LafargeHolcim to achieve its targets for 2022 in the current financial year. Specifically, on a comparable basis, the Group is aiming for a growth in net sales of 3 to 5 percent and an increase in recurring EBIT of at least 10 percent.

    LafargeHolcim can also point to success in the area of sustainability. The group was named the most sustainable company in the construction industry by Vigeo-Eiris, according to the announcement. The rating agency for the environment, social affairs and governance has given LafargeHolcim the top grade A1 +. In addition, ten environmentally friendly products from the group, including the sustainable concrete from the ECOPact series, were recognized by the Solar Impulse Foundation . hs

  • LafargeHolcim green building solutions receive certificate

    LafargeHolcim green building solutions receive certificate

    Among the 1000 solutions identified by the Solar Impulse Foundation that protect the environment in a profitable way, ten are from the building materials group LafargeHolcim . In 2018, the Lausanne Foundation of environmental pioneer Bertrand Piccard set out to find, evaluate and certify at least 1000 solutions worldwide. Now they are presented to decision makers to accelerate their scaled application.

    According to a company release, LafargeHolcim's products that have been awarded this environmental label include the green concrete ECOPact, which enables CO2-neutral construction, as well as bioactive reef concrete, which restores marine ecosystems, and 3D printing technologies for the faster creation of affordable housing and infrastructure.

    "It's great to see companies like LafargeHolcim committed to implementing several such solutions that are positive for the planet," said Piccard. "Given the global reach and size of the company, that can make a real difference in tackling today's climate crisis."

    LafargeHolcim CEO Jan Jenisch is proud of his company's “strong contribution” to the goal of the Solar Impulse Foundation. "More than half of our development activities focus on sustainable building solutions," he is quoted as saying. "Today's confirmation of our clean technologies is a great encouragement for our teams to continue pushing the boundaries of innovation for sustainable building."

  • LafargeHolcim becomes Holcim again

    LafargeHolcim becomes Holcim again

    At this year's General Meeting, the Board of Directors will propose that the name of the LafargeHolcim Ltd. in Holcim Ltd. to change, informs LafargeHolcim in a message . The aim is to increase the “efficiency and impact” of the globally active company and build on “the legacy of the group”. The various LafargeHolcim brand names will remain unaffected by the group's name change.

    The company, which was founded in Holderbank AG in 1912, had been operating under the name Holcim since 2001. After the merger with the French building materials manufacturer Lafarge, the group was renamed LafargeHolcim in 2015.

    In addition, the general assembly on May 4th is due to vote on the relocation of the headquarters from Rapperswil-Jona to Zug. This will complete the restructuring of the Group's office locations, which was initiated in 2018, writes LafargeHolcim.

    In addition, upcoming changes to the Board of Directors will be communicated in the notification. Its Vice President Oscar Fanjul has decided to resign, LafargeHolcim informs. Fanjul was nominated for the Board of Directors by Lafarge in 2015. He had "played a central role in the successful merger of Lafarge and Holcim and made a significant contribution to making the company the leading global provider of building materials and solutions that it is today," said Chairman of the Board Beat Hess in the press release.

    Jan Jenisch, who has been CEO of the Group since September 2017, is also to be elected to the Board of Directors at the Annual General Meeting. This serves to ensure continuity in management, explains the group.

  • LafargeHolcim is on course for recovery

    LafargeHolcim is on course for recovery

    According to a release from LafargeHolcim , the Zug-based building materials group generated total sales of CHF 23.14 billion in the 2020 financial year. In a year-on-year comparison, this corresponds to a decrease of 13.4 percent. The recurring operating profit at EBIT level was 3.68 billion Swiss francs, 10.4 percent below the previous year's figure. Consolidated profit fell by 7.5 percent compared to 2019 to 1.90 billion Swiss francs.

    "2020 was an extraordinary year for everyone, which we have not yet experienced in this form", Jan Jenisch is quoted in the communication. According to the CEO, LafargeHolcim has proven its resilience during the crisis. In the fourth quarter of 2020 the company "returned to the growth path". Specifically, sales and recurring operating profit increased by 1.5 and 14.1 percent on a comparable basis compared to the previous year.

    For the current year, LafargeHolcim is aiming for a growth in recurring operating income of at least 7 percent on a comparable basis. The takeover of the American manufacturer of roof systems and building envelopes, Firestone Building Products , which was announced in January, should contribute to this. As part of the acquisition, LafargeHolcim is creating a new position for global management of the Solutions & Products segment. She will be taken over by the current CEO of US Cement, Jamie Gentoso.

    In order to streamline the group organization, LafargeHolcim is also merging the regions Europe and the Middle East and Africa into one region EMEA, is further explained in the press release. The current head of Middle East and Africa, Miljan Gutovic, will take over the management of EMEA. The previous head of Europe, Marcel Cobuz, has decided to leave the group, writes LafargeHolcim.

  • LafargeHolcim finds partners for CO2 capture

    LafargeHolcim finds partners for CO2 capture

    The building materials group LafargeHolcim and the Texan Schlumberger New Energy want to find a solution for capturing and storing CO2 using the example of two LafargeHolcim cement plants. Using Schlumberger's CO2 sequestration technologies, the two companies plan to develop a concept for large-scale industrial use. The companies will provide information about this in a press release of the same name.

    Both are already active in this field. LafargeHolcim claims that it is currently testing more than 20 capture projects in Europe and North America. The group wants to identify the most promising, highly scalable projects. Schlumberger New Energy is working with leading companies in a number of strategic sectors to demonstrate potential solutions in a variety of projects.

    "Our partnership with Schlumberger, the world's leading technology provider for the global energy industry, will bring new advances in storage," said Magali Anderson, sustainability officer at LafargeHolcim. "These should then be replicated on a large scale at our locations."

  • LafargeHolcim joins MIT's climate consortium

    LafargeHolcim joins MIT's climate consortium

    LafargeHolcim is a founding member of the MIT Climate and Sustainability Consortium ( MCSC ). The construction company announced this in a press release . The School of Engineering at the prestigious Massachusetts Institute of Technology launched this alliance on Thursday. It consists of academic staff from across the institute and 13 influential industry leaders from various industries. LafargeHolcim represents the construction industry there.

    The aim of this association of executives from various industries is to accelerate the implementation of specific and large-scale scalable solutions to combat climate change. The MCSC wants to reduce costs and the barriers for the use of the best available technologies and processes, it says on its website . The aim is also to accelerate the decommissioning of CO2-intensive energy generation and material production plants, to direct investments where they are most effective and to quickly transfer the best implementations from one industry to the next.

    "I am committed to building a net zero future and driving innovative and sustainable building solutions that are beneficial for people and the planet," LafargeHolcim's CEO Jan Jenisch is quoted in the press release. “Given the urgency of today's climate crisis, no single organization can tackle it alone. That's why I'm proud to join the MIT alliance of like-minded industry leaders and academic partners to jointly advance our climate protection efforts. "

  • LafargeHolcim intensifies efforts to achieve climate goals

    LafargeHolcim intensifies efforts to achieve climate goals

    As the first globally active building materials group, LafargeHolcim has committed itself to scientifically sound goals for reducing its CO2 footprint, explains the Zug-based cement giant in a press release . Specifically, LafargeHolcim will participate in the Science-Based Targets Initiative ( SBTi ) campaign. Its aim is to motivate companies to set scientifically sound, measurable objectives with which the climate target of limiting global warming to 1.5 degrees Celsius can be met.

    As part of the campaign, LafargeHolcim will reduce CO2 emissions per tonne of cementitious building materials to 475 kilograms, the company explains in the press release. Furthermore, the Zug-based building materials group wants to increase the use of low-carbon and CO2-neutral building materials. In addition, the company's footprint is to be reduced by increasing the reuse and recycling of waste and by-products. Overall, LafargeHolcim aims to reduce direct greenhouse gas emissions and CO2 emissions from purchased electricity by more than 20 percent by 2030 compared to 2018.

    "As the world's largest cement manufacturer, we are playing a key role in overcoming the challenges of today's climate crisis," said Magali Anderson, Chief Sustainability Officer of LafargeHolcim, quoted in the press release. "On our way to becoming a 'net-zero' company, we are not only part of the solution, but we also support our customers in achieving their carbon reduction goals."