Holcim has Holcim has has acquired five concrete plants from Ol-Trans and secured funding for two decarbonisation projects in the region.
Holcim has signed an agreement to acquire five concrete plants from Polish ready-mix concrete supplier Ol-Trans.
Founded in 1990, Ol-Trans is the leading supplier of ready-mix concrete in the Gdansk-Sopot-Gdynia area in Poland with 2022 estimated net sales of CHF 27 million ($40,358,736).
The company also supports road construction, demolition, and logistics services.
The transaction will enable Holcim to strengthen its local ready-mix concrete network and establish itself as the leader in Northern Poland.
The transaction is in line with Holcim’s aim to drive profitable growth with innovative building solutions. It will help increase Holcim’s sales of ECOPact green concrete in Poland.
Customers will also benefit from improved access to sustainable solutions like Agila Fibro, a self-compacting concrete that reduces the use of steel reinforcement by 40-50 per cent.
“Ol-Trans has been a long-standing Holcim partner as well as a growing and highly successful business,” Holcim region head Europe Middle East Africa Miljan Gutovic said.
“With this acquisition we will further expand the footprint of ECOPact green concrete, the first and most comprehensive sustainable concrete range in Poland.”
The transaction is expected to close in the fourth quarter of 2022.
Likewise, Holcim has secured funding for two Carbon Capture Utilisation and Storage projects in Poland and Germany from the European Union (EU) Innovation Fund.
One of the projects is Holcim’s Go4ECOPlanet project in Poland.
With support from the EU, the project will see Holcim creating an end-to-end CCS chain, starting from CO2 capture from its site in Kujawy to offshore storage in the North Sea. Holcim’s goal is for Kujawy to be a net-zero plant by 2027.
The EU will also support Carbon2Business, which is part of Westküste 100 project, in Germany. As part of the project, Holcim will turn carbon captured from its’s Lägerdorf plant into synthetic fuel for the mobility sector and as feedstock for the chemical industry.
Both projects feature scalable carbon capture solutions and technologies to drive decarbonisation the building sector.
The programmes are part of Holcim’s net-zero roadmap, validated by the Science Based Targets initiative – including its objective to operate at least one net-zero cement plant by 2030.
Visit holcim.com.au for more information.