Sources: LafargeHolcim, Chicago; CP staff LafargeHolcim and Geocycle, a subsidiary offering industrial, agricultural and municipal waste management services worldwide, are teaming with the U.S. Army Corps of Engineers’ Engineer Research and Development Center (ERDC) to pinpoint recovery and recycling prospects for military installation construction and demolition materials. The ERDC will provide technical assistance and $3.4 million to develop a basic…
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LafargeHolcim closes Firestone Building Products deal
Sources: LafargeHolcim, Zurich; CP staff Holcim Participations (US) Inc. has completed the acquisition of Firestone Building Products earlier than projected, positioning parent LafargeHolcim to target a new and expansive building market segment. The Nashville-based manufacturer is a key player in commercial roofing and building envelope solutions in the United States, with 2020 sales approaching $2 billion, and has 15 production…
Read MoreMIT CLIMATE CONSORTIUM UNITES LAFARGEHOLCIM AND U.S. CORPORATE ELITE
The Massachusetts Institute of Technology Climate and Sustainability Consortium (MCSC), launched late last month, convenes an alliance of leaders from a broad range of industries and aims to drive solutions addressing climate change threats. Organizers characterize the group as uniting “similarly motivated, highly creative and influential companies to work with MIT to build a process, market, and ambitious implementation strategy…
Read MoreLafargeHolcim enters roofing, siding & insulation via Firestone Building Products
LafargeHolcim Ltd. 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 cement, aggregate and ready mixed concrete production competencies. With a full range of EPDM (ethylene propylene diene monomer), thermoplastic polyolefin, PVC, asphalt and metal offerings, FBP is a…
Read MoreLafargeHolcim joins Apple, other corporate elites on MIT Climate Consortium
Source: Massachusetts Institute of Technology, Cambridge The just-launched MIT Climate and Sustainability Consortium (MCSC) convenes an alliance of leaders from a broad range of industries and aims to drive solutions addressing climate change threats. Organizers characterize it as uniting “similarly motivated, highly creative and influential companies to work with MIT to build a process, market, and ambitious implementation strategy for…
Read MoreLafargeHolcim measures building enclosure prospects in Firestone deal
Sources: LafargeHolcim Ltd., Zurich; CP staff 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 cement, aggregate and ready mixed concrete production competencies. With a full range of EPDM (ethylene propylene diene monomer), thermoplastic polyolefin, PVC, asphalt and…
Read MoreLafargeHolcim ties bond yield to carbon performance in financing first
Sources: LafargeHolcim Ltd., Zurich; CP staff LafargeHolcim is breaking new ground in financing instruments among heavy building materials operators. Investors in its 850 million-euro ($1.03 billion) sustainability-linked bond will earn a higher coupon upon 2031 maturity should the producer not meet a primary objective—cutting net carbon dioxide emissions per ton of cementitious material output—by the end of the decade.
Read MoreLafargeHolcim adopts new label for low CO2 and recycled content materials
Sources: LafargeHolcim Ltd., Zurich; CP staff Cement and concrete from LafargeHolcim will soon bear a logo shaped like a mobile device icon indicating two principal qualities realized in processing, mix design and batching: A carbon dioxide emissions footprint 30 percent or lower compared to local industry standard and a minimum 20 percent recycled material content. The producer revealed the EcoLabel…
Read MoreLafargeHolcim rebrands alternative binders, nudges A/E/C pros on carbon
Responding to demand for construction materials performance and sustainability, market leader LafargeHolcim has rebranded its U.S. blended cement and supplementary cementitious materials portfolio as Envirocore Series—led by OneCem Portland Limestone, MaxCem Blended and NewCem Slag Cements. Concurrently, it calls on architectural, engineering and construction (A/E/C) interests, along with their concrete suppliers, to adopt more sustainable products.
Read MoreLafargeHolcim grows EPD library, shrinks concrete, cement carbon intensities
To address calls for streamlining embodied carbon in new construction, Chicago-based LafargeHolcim plans to issue Environmental Product Declarations (EPD) covering shipments from its U.S. Aggregates and Construction Materials (ACM) and Cement businesses. The producer will enlist top auditors, third-party verification specialists and EPD Program Operators to prepare and host a library of declarations abiding the latest criteria for documenting carbon…
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