News

Crown Cement PLC is going to increase its annual production capacity by 40 per cent this year by establishing its sixth manufacturing facility, which will turn it into the country's fourth largest cement manufacturer.

The Holcim Alpena plant (formerly Lafarge) in Michigan is celebrating the opening of its new whole-tire, co-processing facility – a $7.4 million, state-supported initiative that will safely and cleanly convert 22,000 tons of tires per year into energy to help fuel one of the largest cement plants in the United States.

Holcim acquires HM Factory, a provider of precast concrete solutions with net sales of CHF 18 million. Its solutions cover a wide variety of needs, such as walls, staircases and balconies. HM Factory is ideally positioned to capitalize on growth in industrial and residential construction. The company supplies Polish construction projects as well as exporting to Scandinavian markets.

Vedanta Aluminium, India’s largest producer of aluminium, has entered into a long-term partnership with Dalmia Cement for supply of industrial wastes such as fly ash and spent pot lining for manufacturing low carbon cement. Under this partnership, Vedanta’s mega aluminium smelter at Jharsuguda will transport around 20 rakes of fly ash per month for 5 years to Dalmia Cement’s manufacturing units in Odisha, Chhattisgarh, Meghalaya, and Assam, and supply SPL for 3 years to the company’s plant at Rajgangpur, Odisha. Vedanta Aluminium is a preferred supplier of high-quality fly ash to some of India’s leading cement producers, fostering industrial collaboration for production of low-carbon cement.

Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing needs to tools and adhesives all the way to electrical and plumbing supplies. The acquisition includes INDAR’s nine distribution centers around the country, as well as its fulfillment center in Guadalajara.

CEMEX announced a series of corporate governance enhancements that continue the Company’s commitment to evolving its corporate governance profile towards global best practices. The additional enhancements announced today are further to the changes announced on February 24, 2022, highlighting the Company’s proactive and sustained focus on corporate governance matters.

CEMEX announced that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production.