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    HLCM   PHY3232G1014


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Holcim Philippines, Inc. Launches New Product, Holcim ECOPlanet

11/21/2021 | 09:53pm EDT

Holcim Philippines, Inc. will launch a new product, Holcim ECOPlanet, which is its most environment-friendly product with more than 30% lower carbon footprint than other general purpose cement. ECOPlanet is a global range of green cement developed by international building solutions leader Holcim Group. Holcim Philippines will offer ECOPlanet as a general purpose blended cement ideal for structural applications that delivers equal to superior construction performance while lowering the carbon footprint of buildings. This product will be made available in 40kg bags in paper and plastic bags. The Philippines will be among the first markets where ECOPlanet is available. ECOPlanet's lower environmental footprint and equal to superior performance are driven by the addition of blast furnace slag, a by-product of iron ore smelting to produce pig iron for steel making. Adding slag lowers the clinker content and carbon footprint of cement while enhancing the durability and long-term strength of concrete. Holcim Philippines will aim for an Environmental Product Declaration (EPD) for ECOPlanet in the next few months to be independently verified by a third-party reviewer. In addition, the Company will launch a program to collect used ECOPLanet plastic bags for recycling by an accredited facility to support the company's sustainability commitments. ECOPlanet's Philippine launch is timely with construction activity projected to steadily rise to support a growing economy and population, and rising public awareness on the importance of building more sustainably. The launch of ECOPlanet is part of Holcim Philippines' stronger focus on sustainability and innovation to raise business performance and increase positive social and environmental impact.

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Sales 2021 26 946 M 516 M 516 M
Net income 2021 2 564 M 49,1 M 49,1 M
Net Debt 2021 1 145 M 21,9 M 21,9 M
P/E ratio 2021 13,9x
Yield 2021 7,79%
Capitalization 35 358 M 677 M 677 M
EV / Sales 2020 1,80x
EV / Sales 2021 1,36x
Nbr of Employees 1 161
Free-Float 4,98%
Duration : Period :
Holcim Philippines, Inc. Technical Analysis Chart | HLCM | PHY3232G1014 | MarketScreener
Income Statement Evolution
Managers and Directors
Horia-Ciprian Adrian President, Chief Executive Officer & Director
Eliana Nieto Sanchez Chief Financial Officer, Treasurer & Senior VP
Tomas I. Alcantara Chairman
Belinda E. Dugan Secretary, Compliance Officer & General Counsel
Thomas G. Aquino Independent Director
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