Holcim Launches OLYMPUS Project for Near-Zero Cement in Greece

Holcim ( (CH:HOLN) ) has shared an announcement.

Holcim has initiated the OLYMPUS project in Greece, a EUR 400 million investment aimed at producing 2 million tons of near-zero cement annually by 2029. This project, supported by the EU Innovation Fund, is part of Holcim’s efforts to advance Europe’s Clean Industrial Deal and is expected to create over 1,000 jobs during construction and 100 during operation. The project employs innovative carbon capture technologies and is a significant step in Holcim’s strategy to offer 8 million tons of near-zero cement across Europe by 2030.

The most recent analyst rating on (CH:HOLN) stock is a Buy with a CHF108.00 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.

More about Holcim

Holcim is a global leader in innovative and sustainable building solutions, with net sales of CHF 26.4 billion in 2024. The company employs 65,000 people and offers a broad range of advanced solutions, including sustainable building materials like ECOPact and ECOPlanet, circular technology ECOCycle®, and advanced roofing and insulation systems through Elevate.

Average Trading Volume: 1,377,946

Current Market Cap: CHF52.26B

Learn more about HOLN stock on TipRanks’ Stock Analysis page.