Cement News tagged under: Holcim Vietnam
Siam City Cement renames Holcim's former Vietnam operations02 March 2017, Published under Cement NewsSiam City Cement Public Co Ltd (SCCC), Thailand’s second-largest cement producer, announced it will rename its Holcim Vietnam Co into Siam City Cement Vietnam. SCCC signed an agreement in August 2016 to buy LafargeHolcim’s entire 65 per cent stake in LafargeHolcim Vietnam for US$890m. SCCC recently embarked on a strategy of building a regional asset footprint. The cement producer has already established operations in Indonesia, Cambodia and Bangladesh and Sri Lanka. |
Vietnam: consolidation unavoidable08 July 2016, Published under Cement NewsAnalysts may ponder whether cement production in Vietnam is entering a crucial phase as this week the Ministry of Construction announced that it would be divesting a large stake in the Vicem cement group with a public offering in the 4Q16. Cement oversupply in the market is increasing while exports have been difficult and as cement prices come under pressure, consolidation appears now unavoidable. Vicem also holds 35 per cent of shares in Holcim Vietnam, a member of the LafargeHolcim Gro... |
Page
1
of
1
1