Holcim Ltd. simplifies corporate identity; Lafarge brands remain

Sources: LafargeHolcim Ltd., Zug, Switzerland; CP staff LafargeHolcim shareholders approved a group name change to Holcim Ltd. among proposals during their annual general meeting, staged May 4 by virtual platform. Directors recommended the move “for efficiency and impact … as the company transforms to become the global leader in innovative and sustainable building solutions.” The change applies only to the…

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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…

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MIT 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…

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LafargeHolcim 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…

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LafargeHolcim 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…

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LafargeHolcim 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…

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Cemex net-zero carbon dioxide concrete offering goes global

The first-ever net-zero carbon dioxide concrete from Cemex S.A.B. de C.V. will soon be available in the producer’s major markets worldwide after a successful launch in Europe. A series ranging from low carbon to net-zero CO2 mixes, Vertua is based on a geopolymer binder solution from the Cemex Research and Development Center in Switzerland. Compared to conventional materials, it has…

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LafargeHolcim 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. 

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LafargeHolcim 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…

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LafargeHolcim 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.

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