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    LHN   CH0012214059

HOLCIM LTD

(LHN)
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Delayed Swiss Exchange  -  11:30 2022-12-01 am EST
48.93 CHF   +0.35%
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Holcim : ECOPact reduces CO2 by >40% at UK energy project

09/23/2022 | 06:41am EST

Thanks to ECOPact, the Slough Multifuel project saved 609 tons of CO₂ for an emissions reduction of 42% in comparison to a standard concrete mix.

Upon completion in 2024, Slough Multifuel will provide a more sustainable waste management solution for the Greater London area by processing 480,000 tons of residual waste per year, and will contribute to the UK government's strategy to reduce landfill and export of waste. By utilizing residual waste as a renewable energy source, Slough Multifuel will offset more than 147,000 tons of CO2 per year and power more than 100,000 homes. The project is also bringing hundreds of local jobs to the area during construction as well as around 50 permanent jobs in the operations phase.

Slough Multifuel was shortlisted for the 2022 Construction News Awards, the largest and most prestigious construction award in the UK, in the "Carbon Reduction Champion" category. Judges were particularly impressed with the collaboration with clients and client selection, and also the focus on responsible sourcing.

Disclaimer

Holcim AG published this content on 22 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2022 10:40:08 UTC.


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Sales 2022 29 510 M 31 062 M 31 062 M
Net income 2022 2 800 M 2 948 M 2 948 M
Net Debt 2022 5 790 M 6 095 M 6 095 M
P/E ratio 2022 10,6x
Yield 2022 4,61%
Capitalization 29 647 M 31 206 M 31 206 M
EV / Sales 2022 1,20x
EV / Sales 2023 1,27x
Nbr of Employees 70 000
Free-Float 90,2%
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Jan Philipp Jenisch Chief Executive Officer & Director
GÚraldine Picaud Chief Financial Officer
Beat W. Hess Chairman
Mathias Gńrtner Head-Legal & Compliance
Hanne Birgitte Sorensen Vice Chairman
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