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Holcim-Lafarge merger will not affect ACCs brand identity

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In the latest development, Swiss-based Holcim will be merging with French cement and concrete giant Lafarge. This amalgamation will make the Holcim-Lafarge entity the largest cement manufacturer in India and also in the world. The so-formed $60 billion company will surpass UltraTech in terms of capacity to become the largest cement manufacturer in India. Earlier, UltraTech-with Jaypee Cement´s acquisition of 4.8 mt plant-was the largest cement manufacturer – with a total capacity of 59 mt. The merger will add 8 mt capacity of Lafarge to the 57 mt capacity of Holcim, making it a 65 mt capacity company. Holcim also has plans to boost its capacity to 73 mt by the end of next year. Holcim-Lafarge merger will account for around 19 per cent of installed capacity in India. Whereas, UltraTech accounts for 16 per cent of installed capacity in India.

Holcim has significant stakes in Ambuja Cements and 50 per cent stake in ACC. While speaking with shareholders at Ambuja Cements´ 78th annual general meeting, NS Sekhsaria, Co-Founder and Chairman, clarified that the brand ACC will remain intact and there is no question of ACC brand name changing to Lafarge. ´It-´s a merger of equals and the process will take about 16-18 months to complete,´ he added.

Speaking about the company´s performance, Sekhsaria said that bottomline was affected by sluggish economic environment last year. However, he expects the worse is now behind and the company will be back on growth path this year.

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Concrete

Holcim UK drives sustainable construction

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Holcim UK has released a report titled ‘Making Sustainable Construction a Reality,’ outlining its five-fold commitment to a greener future. The company aims to focus on decarbonisation, circular economy principles, smarter building methods, community engagement, and integrating nature. Based on a survey of 2,000 people, only 41 per cent felt urban spaces in the UK are sustainably built. A significant majority (82 per cent) advocated for more green spaces, 69 per cent called for government leadership in sustainability, and 54 per cent saw businesses as key players. Additionally, 80 per cent of respondents stressed the need for greater transparency from companies regarding their environmental practices.

Image source:holcim

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Concrete

GCCA releases LCR system

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The Global Cement and Concrete Association (GCCA) has launched the Low Carbon Ratings (LCR) system for cement and concrete, a new global rating based on products’ carbon footprints. The system uses a clear AA to G scale to help customers prioritise sustainability in material selection across construction sectors worldwide. The GCCA says that the LCR system is designed to be easily recognisable, with a simple visual graphic that indicates a product’s rating and provides consistency and comparability to other products.

Image source:highways.today

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Concrete

FLSmidth opens eco-friendly plant in Casablanca

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FLSmidth has inaugurated a €21 million mill liner manufacturing plant in Casablanca, covering 11,250m² with a production capacity of 6,500 tonnes annually. The LEED-certified facility significantly reduces carbon emissions by up to 56 per cent and fully recycles water used in the manufacturing process. Up to 250 jobs will be created in the Valparaíso region. Mikko Keto, CEO, highlighted the plant as a symbol of FLSmidth’s commitment to sustainable mining and community engagement in South America. Earlier in 2024, the Denmark-based company announced plans to sell its cement division to sharpen its focus on mining operations.

 

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