Holcim launched its new group identity uniting all market brands behind its purpose to build progress for people and the planet. Formerly known as LafargeHolcim, the company’s shareholders approved a name change on May 4.
Read MoreThe New York State Department of Environmental Conservation (DEC) has withdrawn authorization for the LafargeHolcim Ravena cement plant to burn tires for fuel, reported local media.
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LafargeHolcim has appointed Toufic Tabbara as chief executive officer of U.S. Cement operations. He brings more than 20 years’ experience in the construction-materials industry that will help lead the organization through the next phase of growth.
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LafargeHolcim has agreed in principle to settle a lawsuit brought by a group of 25 U.S. nationals who claimed the company used their Cuban property to conduct business, reports The Wall Street Journal.
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LafargeHolcim shareholders approved a group name change to Holcim Ltd. during the company’s virtual annual general meeting on May 4. Directors recommended the move “for efficiency and impact … as the company transforms to become the global leader in innovative and sustainable building solutions.”
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LafargeHolcim has reached a settlement agreement with New York state and the Environmental Protection Agency over environmental violations at its Ravena cement plant, which resulted in pollution of the Hudson River, reports local media.
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LafargeHolcim has expanded Magali Anderson’s role to chief sustainability and innovation officer, effective March 2021, putting sustainability at the core of the company’s innovation pipeline. Anderson has been a member of the group executive committee since October 2019, when she was appointed chief sustainability officer.
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LafargeHolcim has joined the MIT Climate and Sustainability Consortium (MCSC) as a founding member, representing the building materials industry, to accelerate climate action through innovation. The company joins a range of influential other sector leaders to work with MIT’s world-class research teams to develop scalable solutions to tackle climate change.
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LafargeHolcim and Schlumberger New Energy announced a partnership to develop carbon capture and storage (CCS) solutions. The two companies will study the feasibility of capturing carbon from two LafargeHolcim cement plants, based in Europe and North America, using Schlumberger’s carbon sequestration technologies.
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LafargeHolcim projects a second quarter closing on a $3.4 billion deal for Nashville-based Firestone Building Products (FBP), the largest acquisition in the company’s five-year history and one stretching well beyond its core production competencies.
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