European cement news

The Holcim Annual General Meeting (AGM) will take place on 04 May 2022 at 10 am CEST at company headquarters in Zug, Switzerland.

Thomas Guillot, Chief Executive of the Global Cement and Concrete Association, has announced that the GCCA welcomes the IPCC’s latest report and the urgency it attributes to the climate crisis.

The cement works in Gmunden and Rohrdorf are currently reducing 5500 t of CO2 per year, which corresponds to around 50 000 truck journeys, by using more rail transport instead of trucks.

The initiatives are set to help national cement and concrete industries decarbonise in line with the GCCA’s 2050 Net Zero Global Industry Roadmap.

The Company’s Supervisory Board met on 25 March 2022 and reviewed the 2021 accounts approved by the Management Board. The audit procedures have been completed and the audit report on the certification is being issued.

The LEILAC 2 (Low Emissions Intensity Lime And Cement) carbon capture project has successfully passed its Financial Investment Decision milestone, confirming that the project can now enter the implementation phase.

Amid the Russia-Ukraine crisis, several global construction companies are exiting Russia. The wider fallout from the crisis, particularly on prices for materials and energy, will have a widespread impact on the industry, says GlobalData.

The company has announced that its H-UKR cement has become the first clinker-free cement in the world to be validated by the CSTB for applications on all types of structures.

In the framework of the Ordinary Assembly, Argos proposed to its shareholders a dividend of US$281.2 per share, 37% higher than in 2021.

Holcim Australia and New Zealand have announced that it will construct and operate a new facility in Auckland.