Holcim is working with the Science Based Targets Network (SBTN) to submit nature targets for validation in 2023, as part of a global initiative to set the world’s first standards for ambitious and measurable corporate action for nature. Holcim was selected by SBTN among the first 17 global companies and the only one in its industry, based on its advanced…
Read MoreTag: Holcim
Holcim to Deploy 1,000 Volvo Electric Trucks
Holcim will deploy up to 1,000 electric trucks from Volvo by 2030, the company announced. Delivery for the first trucks will start in the fourth quarter of 2023. This is the largest commercial order to date for Volvo electric trucks. Both companies are founding members of the First Movers Coalition (FMC), a coalition of companies that use their purchasing power…
Read MoreHolcim Reports Strong Start to Year in North America
Holcim reported net sales of CHF $5,725m and organic growth of 8% in the first quarter of 2023. The North America region delivered a strong start to the year in Cement, Aggregates and Ready-Mix Concrete, with strong market demand in both the United States and Canada. Roofing volumes were impacted by inventory normalization. Holcim’s roofing offer was further strengthened in…
Read MoreHolcim Launches ECOCycle to Scale Up Circular Construction
Holcim launched ECOCycle, its proprietary circular technology platform to recycle construction demolition materials into new building solutions. With ECOCycle Holcim can recycle 100% of construction demolition materials across a broad range of applications, from decarbonized raw materials in low-carbon cement formulation, all the way to aggregates in concrete and fillers in road construction.
Read MoreHolcim Acquires Pioneer Landscape Centers Quarries
Holcim acquired the sand and aggregates quarries of Pioneer Landscape Centers, a market leader in the fast growing metropolitan markets Denver, Phoenix and Colorado Springs, Colo., and a major supplier of construction aggregates for the region. The transaction includes 13 quarries and complements Holcim’s December 2022 acquisition of aggregate reserves in Greeley, Colo. The acquisitions will support Holcim’s growth in…
Read MoreHolcim Names Kindler Chief Financial Officer
Holcim’s Board of Directors has appointed Steffen Kindler as chief financial officer (CFO) of Holcim and member of the group executive committee, effective May 1, 2023. Kindler will take over from current CFO Géraldine Picaud, who has decided to pursue other opportunities outside the company. Ensuring a smooth transition, Picaud will oversee the completion of Holcim’s 2022 annual results and…
Read MoreNorth American Business Bolsters Holcim’s Third Quarter
In the third quarter of 2022, Holcim delivered another quarter of record results with net sales of CHF$8,045 million, up 16.3% on a like-for-like basis (LFL) compared to the prior year, or +10.4% of absolute growth. Net sales over the first nine months of 2022 were CHF$22,725 million, or 13.9% higher LFL than the prior-year period.
Read MoreHolcim Reports Continued Record Performance; Green Growth
In the third quarter 2022, Holcim delivered another quarter of record results with net sales of CHF 8,045 million, up 16.3% on a like-for-like basis (LFL) compared to the prior year, or +10.4% of absolute growth. Net sales over the first nine months of 2022 were CHF 22,725 million, or 13.9% higher LFL than the prior-year period. Recurring EBIT reached…
Read MoreHolcim Diversified Business Grows
Oct. 4, 2022 – Holcim continued to diversify its business in different ways. The company has completed the acquisition of the Polymers Sealants North America (PSNA) division of Illinois Tool Works. PSNA is a leader in coating, adhesive and sealant solutions with 2022 estimated net sales of $100 million. With more than 150 employees and manufacturing plants in California, Arizona,…
Read MorePublicly Traded Companies
The Industry’s Publicly Traded Companies Provide An Industry Barometer When They Release Their Quarterly Reports. Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended June 30. Total revenues increased sharply from the prior year driven by double-digit growth in the company’s legacy business as well as the addition of U.S. Concrete operations. Total revenues were $1.954 billion, up from…
Read More