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N100:LHN, Oct 30, 05:17 UTC

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Wednesday, October 28


News

Cement and Concrete Product Market Trends 2020 : Growth by Top Companies: LafargeHolcim, CRH, Cemex, China Resources - Press Release

LHN

Underlying this approach is a strategy to strengthen its export sectors and broaden the scope of the goods and services produced given the report's traditionally strong dependence on a narrow set of revenue-generating investment in the Cement And Concrete Product Market. This report is a roadmap for Cement And Concrete Product market exporters and policymakers to identify higher value-added products and markets with growth potential, as well as giving guidance to realize the opportunities and overcoming production challenges. The findings show that the country has a wealth of untapped export potential, particularly within North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, and Other), and that realizing this potential can build competitiveness for future growth. Order a Copy of This Report at:. -It ensures the widespread access to finance for global Cement And Concrete Product market manufacturers, with improved connectivity to regional markets, and implementing an attractive and effective taxation system are overarching policies that will have a positive impact on the general business environment.

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digitaljournal.com
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Sunday, October 18


News

Raysut Maldives Cement JV Formed; Acquisition of LafargeHolcim Stake Completed

LHN

Oman's largest cement manufacturer, Raysut Cement Company (RCC), said it has closed the deal of acquiring 75 per cent of LafargeHolcim's cement terminal at Thilafushi Island in Maldives, and a new joint venture - Raysut Maldives Cement Pvt. This acquisition opens a corridor of trade between Oman and Maldives not only in the cement industry with Raysut Cement but also in other areas which will benefit both economies. "The Maldives acquisition will boost Raysut's profitability and production to full capacity, particularly of its plant in State of Salalah in Sultanate of Oman. Raysut Cement Company this year faced economic conditions, including the economic conditions that resulted from the global spread of Covid-19," said Sheikh Ahmed Yousef Alawi Al Ibrahim, Chairman of RCC Group. This will also make the market more competitive from a price point which will have its positive impact on infrastructure development in the island nation," said RCC GCEO, Mr. Joey Ghose. "This is a milestone investment for Raysut since the cement major will be pitching into a market supplied currently by other players from South Asia.

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benzinga.com
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Thursday, October 15


News

Lafarge reparation deal a game-changer for Nongtrai – The Shillong Times

LHN

SHILLONG: Life in limestone-rich Nongtrai and adjoining villages, nestled along the Indo-Bangla border, has witnessed an upswing in the past five years — thanks to the deal struck with the noted Lafarge cement company. Under the reparation deal for supply of limestone for sustaining the company’s cement project across the border, Lafarge, now known as “LafargeHolcim”, has pumped in close to Rs 200 crore to fast-track development and help bring about heightened economic activities for the local people under the supervision of Special Purpose Vehicle Committee headed by the chief secretary. On Tuesday, members of the SPV Committee comprising Principal Secretary Forests DP Wahlang and also the Chairperson of the Special Purpose Vehicle Society, and other non-official members visited Nongtrai and the surrounding villages to physical inspect the various development projects implemented by the Society. Apart from having contributed Rs 171 crore to the state’s exchequer up to 2018, Lafarge also annually contributes Rs 2.6 crore to the Nongtrai Dorbar which is then disbursed to households falling in Nongtrai village to enable direct and indirect employment opportunities, provision of education, skill-development and various measures.

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theshillongtimes.com
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News

LafargeHolcim expand carbon capture projects

LHN

US and German government funding sees CCUS portfolio exceed 20 projects across the US, Canada and Europe. LAFARGEHOLCIM’s portfolio of carbon capture projects has been reinforced after the US Department of Energy’s National Energy Technology Laboratory (DOE-NETL) announced that it will support the LH CO2MENT Colorado Project. With the confirmation of DOE-NETL funding, the partnership has committed to the next project phase to evaluate the feasibility of the facility designed to capture up to 2 million tons of CO2 per year directly from the Holcim cement plant and the natural gas fired steam generator, which would be sequestered underground permanently by Occidental. LafargeHolcim have also recently added to their portfolio of CCUS pilots with the ECCO2-LH project in Spain, in collaboration with Carbon Clean and Sistemas de Calor, which will capture CO2 from flue gas at their Carboneras plant and turn it to agricultural use for accelerated crop production.

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agg-net.com
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Tuesday, September 22


News

Buying Lafarge’s Recovery Story as Profit Jumps by 158.96%… – Naija247news

LHN

Lafarge Africa Plc recorded strong operating performance in H1 2020 as its Profit After Tax (PAT) rose by 158.96% to N23.33 billion due to significant declines in finance costs and administrative expenses. Lafarge Africa’s impressive performance was despite the COVID-19 pandemic which nearly shut-down economic activity, especially in the cement sector, amid Federal Government’s imposed lockdown on some states such as Lagos, Ogun, Abuja and Kano where daily consumption of cement is relatively high; and, the dwindling revenue from its cementitious products such as aggregate and ready-mix concrete. The increase in revenue was chiefly from the company’s segment revenue from cement (constituting 98.38% of the total revenue) which rose by 3.47% to N118.58 billion; however, segment revenue from aggregate and ready-mix concrete (comprising 1.62% of the total revenue) plunged by 26.20% to N1.44 billion in H1 2020. Notably, the third largest cement company in Nigeria stepped on the path of recovery after disposing its foreign subsidiary, Lafarge South Africa Holdings (Proprietary) Limited – which was a drain on the group’s profitability given its relatively thin gross margins –, in July 2019 at a gain of N108.97 billion.

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naija247news.com
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News

LafargeHolcim in the US Rebrands Blended Cement Portfolio, Calls on Engineering Community to Adopt Solutions That Lower Carbon Emissions

LHN

CHICAGO--(BUSINESS WIRE)--In response to ever-increasing market demand for performance and sustainability, the LafargeHolcim family of companies in the US has rebranded its portfolio of blended cements and supplementary cementitious materials (SCMs) as the Envirocore™ Series. As the largest cement manufacturer in the United States, LafargeHolcim is calling on architects, engineers, contractors and ready-mix producers to adopt more sustainable products in order to lower the industry’s carbon footprint. This rebrand signifies that the time for change in the building industry is now, and we stand ready to provide these proven solutions,” he added. Compared to other building materials in terms of embodied energy and CO2 emissions, concrete is the favorable choice for building and infrastructure expansion. However, the fact remains that concrete has a high carbon footprint due to the energy intensiveness and generation of CO2 in Portland cement manufacturing. The One Cement That Could Replace Standard Cement in the Future. While all products from the Envirocore Series benefit project performance and reduce carbon emissions, one product within this portfolio has the potential to be incorporated into a broad spectrum of applications.

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businesswire.com
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News

LafargeHolcim CO2ment project receives $1.5m from USDoE

LHN FP

LafargeHolcim‘s CO2ment Colorado project has received $1.5 million from the United States Department of Energy’s (DoE) National Energy Technology Laboratory. LafargeHolcim says the funding will allow the partnership to evaluate the feasibility of the facility, which is designed to capture up to 2 million tonnes of carbon dioxide per year from the cement plant and the natural gas-fired steam generator. Oxy’s president Richard Jackson says: “Oxy Low Carbon Ventures is leveraging Occidental’s 40 years of experience in securely storing CO2 in geologic formations to advance permanent sequestration as a solution that supports global emissions reduction efforts through carbon retirement. This joint initiative follows the recently-launched Pilot Plant Project CO2ment between Svante, LafargeHolcim and Total in Canada at the Lafarge Richmond cement plant, where progress has been made towards re-injecting captured CO2 into concrete.

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Monday, September 21


News

LafargeHolcim raises its target for reducing carbon emissions

LHN

ZURICH (Reuters) - LafargeHolcim (S:LHN) has committed to further reducing its carbon emissions by 2030, the world's largest cement maker said on Monday, as investors and customers increasingly demand companies curb their environmental impact. The Swiss company wants to reduce the amount of CO2 produced for every tonne of cement it makes by 21% as part of the global goal to limit temperature change to 1.5 degrees Celsius. Investors are pushing companies to lower their emissions, with insurers and pensions funds taking environmental impact into account when making their investment decisions. "For sure the level of carbon emission is becoming an increasingly important topic for investors," Magali Anderson, chief sustainability officer at LafargeHolcim, told Reuters.

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uk.investing.com
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Monday, September 14


News

LafargeHolcim taking part in HackZurich

LHN

WITH their global open innovation platform LH MAQER, LafargeHolcim are inviting the world’s most talented data and technical minds to reinvent sustainable cities by participating in HackZurich, Europe’s largest hackathon, from 18–20 September 2020. The company is laying a sustainability challenge to hackathon participants to best support cities as they face the challenge of housing 2 billion more people over the next 25 years. According to LafargeHolcim, this participation is just the next step in the company’s broader open innovation journey to reinvent how the world builds, shaping greener and smarter solutions to improve quality of life for all. With its global reach, LH MAQER connects to well-known innovation networks in Paris, San Francisco, Boston and Tel Aviv, as well as to centres of entrepreneurship in the emerging world, including Lagos, Bogota and Mumbai.

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agg-net.com
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News

Why DSM, LaFargeHolcim and PSEG chose this moment to lobby for a price on carbon

LHN

A group of CEOs in emissions-intensive industries says they want to make sure that climate change doesn’t get pushed further down the list of priorities among U.S. lawmakers during the COVID-19 pandemic. Members of the CEO Climate Dialogue (CCD) struck a positive, if sometimes antsy, note about the reception they received after their second day of virtual meetings with a bipartisan collection of more than a dozen senators and House members last week. LaFargeHolcim, for one, is pushing technologies and partnerships to change the fact that cement accounts for up to 8 percent of global CO2 emissions. Yet with little demand for low-carbon products and carbon capture technology only nascent, there needs to be a transition period, Gentoso said. Instead, the crisis is laying bare its contrasts to and connections with the climate crisis, which promises to be far more complex and wide-reaching. For instance, the lack of international cooperation on the coronavirus has propelled people to realize they need to get their act together on climate change, said Ralph Izzo, president and CEO of utility PSEG.

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greenbiz.com
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