Holcim targets extra €1.25bn profit

Swiss cement manufacturer Holcim intends to achieve an extra €1.25billion profit by 2014. The company said its target will be achieved with measures that are aimed at improving energy and cost efficiency. The positive effects will amount to €124.8million in 2012. Holcim believes that improving energy efficiency and using alternative fuel sources will drop energy costs by €249.6million. Logistics costs are expected to fall by €208million, while €166.4million will be cut in administration and service. Holcim
May 14, 2012 Read time: 1 min

Swiss cement manufacturer 680 Holcim intends to achieve an extra €1.25billion profit by 2014. The company said its target will be achieved with measures that are aimed at improving energy and cost efficiency. The positive effects will amount to €124.8million in 2012.

Holcim believes that improving energy efficiency and using alternative fuel sources will drop energy costs by €249.6million. Logistics costs are expected to fall by €208million, while €166.4million will be cut in administration and service. Holcim also intends to become more customer-focused, a move set to save €416million.

When production capacities are increased in the future the investments per tonne of cement should be lowered by 20%, the company said.

Related Content

March 23, 2012

Quarry operators looking at energy efficiency initiatives

With ever-rising costs in running plant and vehicles, quarry operators are looking at ways of making their sites more energy efficient. Energy and its use within the quarrying sector is one of the major costs in the production of aggregate or finished products, and a reduction in energy consumption will assist in reducing the business’ operating cost per tonne of material produced. Billions have already been spent by major equipment manufacturers developing and introducing new vehicles with increased produc

August 15, 2012

Holcim unveils management shake-up

Holcim chief executive officer Bernard Fontana said the Swiss cement maker may need to further streamline its business in Europe to stem falling demand, as it announced a management shake-up. Holcim will introduce a “leaner and more efficient” structure, including a new head of Europe, from 1 September, and it may also cut its outlook for the region as it reported second-quarter earnings, predicting a contraction for 2012 after previously anticipating a stable development.

boombox1

Highlighted Content

boombox2