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Holcim CEO sees tough times until 2009

Holcim CEO sees tough times until 2009 Reuters ZURICH - Holcim, the world's second-largest cement maker, does not expect the business environment to improve ...

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Holcim Vietnam to invest US$656-mln on clinker production

Holcim Viet Nam cement maker yesterday was licensed to invest total US$656 million in the second clinker production line for Kien Giang province's Hon Chong Cement Plant. The production line has capacity of 10,000 tonnes of clinker a day, bringing the total capacity of the plant to 14,500 tonnes of clinker a day equalling to seven million tonnes per annum. The project will be started by next...

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Holcim cuts growth target, cites energy costs

ZURICH Holcim, the worlds second-largest cement maker, said on Thursday it would not reach its long-term growth goal in 2008 ...

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Research and Markets: An Essential Report on Holcim Ltd. showing its IT Sales Opportunities for 2008

Industry trends and drivers have a direct or indirect affect on IT spending of all companies operating within an industry. For example - increase in sourcing from low cost countries might influence Holcim to relook at their supply chains, resulting in selling opportunities for SCM solutions, collaboration tools etc. Thus, we can conclude that industry spending on any particular IT product or...

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UPDATE 3-Holcim cuts growth target, cites energy costs

(Adds analyst comment, details, updates share price) ZURICH, Aug 21 (Reuters) - Holcim (HOLN.VX: ), the world's second-largest cement maker, said it would not ...

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Holcim CEO sees tough times until 2009

ZURICH - Holcim, the world's second-largest cement maker, does not expect the business environment to improve until the second half of 2009 or beginning of 2010, its chief executive was quoted as saying on Friday.

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Holcim profit drops 53%, sales down 4%

LONDON (MarketWatch) -- Swiss cement maker Holcim said Thursday that first-half net income dropped 53.2% to 1.3 billion Swiss francs ($1.2 billion), after revenue fell 4.4% to 12.4 billion francs. "The cement industry is feeling the impact of the rapid increase in the price of thermal and electrical power sources very directly," the firm said. Cost increases have only partially been passed...

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Holcim agrees to sell 85% of Venezuelan unit to government

Holcim agrees to sell 85% of Venezuelan unit to government In April 2008, the Venezuelan government announced the nationalization of at least 60 percent of ...

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Swiss cement maker Holcim sees 2Q profits plummet

Swiss cement maker Holcim Ltd. said Thursday its second-quarter income fell by two-thirds because of high energy prices and fewer orders as a result of the worldwide economic downturn.

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Holcim cuts growth targets as net profit falls

Swiss cement group Holcim yesterday posted a sharp drop in net profit and cut its growth targets for this year, as higher energy prices and the slowing global economy impact on sales.It said its

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Holcim agrees to sell 85% of Venezuelan unit to government

LONDON (MarketWatch) -- Swiss cement and building materials company Holcim said Tuesday that it's signed an agreement to sell an 85% stake in its Venezuelan business to the country's government and will hold on to the remaining 15%. The agreement comes after the Venezuelan government announced in April that it would nationalize at least 60% of all foreign cement producers operating in the country....

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Three Holcim (US) Plants Earn EPA's ENERGY STAR for Superior Energy Efficiency

WALTHAM, Mass., Aug. 21 /PRNewswire/ -- Three Holcim (US) cement plants -- Devil's Slide in Morgan, Utah; Theodore in Theodore, Ala.; and Midlothian in Midlothian, Texas -- have earned the U.S. Environmental Protection Agency's (EPA) prestigious ENERGY STAR, the national symbol for protecting the environment through superior energy performance. "Holcim is pleased to accept EPA's ENERGY...

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Business expansion rumours rejected

... in accordance to new investment and enterprise laws passed in 2005,” Thang said.Thang said the Holcim cement venture was an example, which would start building its second phase with total investment of $656 million of its operating cement factory in southern Kien Giang province and E-United steel firm, which applied to add $2.4 billion to its under-construction manufacturing facility in...

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Holcim may mine cement source.

Holcim announced Wednesday it has acquired a long-term lease option to the mining rights on a 1,760-acre site in Clark County, Nev., 40 miles east of Las Vegas.

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Cement Shortage - TransNamib Fingered

Namibia: Cement Shortage - TransNamib FingeredThe local building and construction industry is pointing accusing fingers at national rail and road carrier TransNamib for the cement shortage that is currently dogging Namibia.The industry says TransNamib is failing to transport the commodity from South Africa.AfriSam SA (Pty) Ltd, formerly Holcim and the sole supplier of cement to Namibia, says...