Cement News tagged under: Lafarge Holcim
Southerly expansion creates new cement capacity in Morocco27 September 2019, Published under Cement NewsThis week, LafargeHolcim reported cement volumes rising by more than two per cent in Morocco with construction of the company's 3500tpd Souss plant now advancing well and on course for commissioning by thyssenKrupp Industrial Solutions in the 3Q20. The greenfield project will see 1.2Mta added to the group's Moroccan production capacity, which currently stands at approximately 12.5Mta. This north African market is already due to see significant change with the recent acquisition by Cimen... |
Conch offer shows price just one factor in Lafarge deal14 July 2016, Published under Cement NewsChina’s Anhui Conch lost out in the race to acquire Lafarge India despite the fact that its offer of INR95bn (US$1.4bn) was higher than the INR94bn bid submitted by Nirma Group, the eventual winners. In an article published today, Mint examines some possibilities behind Anhui’s failure. The paper dismisses suggestions that the Competition Commission of India intervened directly to block its bid but does lend support to the idea that Lafarge was happier to reach agreement with a domestic f... |
India: Dalmia removes barrier to Lafarge-Holcim merger10 May 2016, Published under Cement NewsAn application for withdrawal made by Dalmia Cement Ltd has been accepted by The Competition Appellate Tribunal (COMPAT). Dalmia Cement had previously challenged an approval given for the merger by the Competition Commission of India (CCI). Dalmia Cements cited recent developments in the Mines and Minerals Act and uncertainties in legislation regarding mining and prospecting licences as reasons for the appeal being unwarranted. A representative of the CCI did not object to the withdrawal,... |
Holcim says does not comment on shareholder reactions to merger terms09 March 2015, Published under Cement NewsHolcim said on Monday it would not comment on press reports about shareholder reactions to the terms of its planned merger with Lafarge. "The board of Holcim has taken note of press statements about shareholder reactions relating to the commercial terms of the combination," Holcim said in a statement. The company added that any transaction will have to be approved by two-thirds of Holcim's shareholders in an extraordinary general meeting, and two-thirds of Lafarge's shareholders will need ... |
HeidelbergCement looking to shed assets02 July 2014, Published under Cement NewsHeidelbergCement is reportedly looking to sell off its US and British construction materials business this year in a bid to position itself for some assets that may be put on the block as part of the Lafarge Holcim merger, a source with knowledge of the company's plan told Reuters. The German cement major had said it can wait to get the best price for the business in the US and Britain, which makes mainly bricks, concrete pipes and roofing tiles and is worth at least EUR1bn. HeidelbergCem... |
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