Press and media
Media releases
Media release on third quarter 2010
Stable volume development in all segments and higher net sales - operating EBITDA similar to the previous year's nine months
- In many emerging markets demand for construction materials grew
- Economic and seasonal influences negatively impacted operating EBITDA in the third quarter
- Overall stable volume development, but increased price pressure in cement
- Trend toward higher variable production and distribution costs
- Substantially lower fixed costs
- Operating EBITDA similar to the previous year's nine months
- Net income continued to be impacted by the non-recurring cash-neutral tax charge in connection with the restructuring of the Group's interests in North America in the first quarter
Third quarter results 2010 Group
Holcim and Venezuela signed an agreement regarding Venezuela's compensation for the nationalization of Holcim Venezuela
Media release on 1st half results 2010
Holcim with higher sales volumes in all segments and better operating results
- Higher sales volumes, net sales and operating EBITDA
- Not only did many emerging markets continue to growbut also better results in North America
- Difficult business conditions in many European markets
- Stringent cost controls support Group result
- Further strengthening of efficiency and competitiveness
- Appointments to the Executive Committee of Holcim Ltd
Holcim presents latest Corporate Sustainable Development Report and announces ambitious CO 2 reduction target for 2015
At a press conference held today, Holcim presents its Corporate Sustainable Development Report 2009. CEO Markus Akermann is pleased to confirm "that Holcim has met its targets on schedule and in the case of the reduction in CO 2 emissions even earlier than planned". All Group companies have played a significant role in this gratifying development. As part of its contribution to the current UN Year of Biodiversity, Holcim is making a major effort to promote biodiversity in the vicinity of its raw material quarries. The close cooperation with the International Union for Conservation of Nature (IUCN) is pointing the way forward for the entire sector. Holcim's commitment to environmental and social responsibility has also been recognized by the Dow Jones Sustainability Index. In 2009, Holcim was named one of the most sustainability-conscious companies in the building materials industry for the seventh time in succession.
Holcim invests in Indonesian growth market - Construction of a new cement plant on Java
In view of the continuous economic growth in Indonesia, the Board of Directors and the Executive Committee of Holcim Ltd have decided to build a new cement plant with an annual capacity of 1.6 million tonnes in the eastern part of the main island of Java, near the city of Tuban. The investment costs will amount to around USD 450 million.
