Cement News tagged under: LafargeHolcim
Cemengal announces start up of Zambian grinding installation02 February 2016, Published under Cement NewsCemengal has completed the installation of a Plug&Grind® unit in Zambia for LafargeHolcim. The inauguration ceremony was undertaken in the presence of Ministry of Labor, accompanied by the managers of LafargeHolcim Zambia and other managers from the group in surrounding countries. The plant will produce Supaset which will be exported to the DR of Congo and other neighbouring countries, Lafarge Zambia CEO, Emmanuel Rigaux, told the Lusaka Times. The grinding facility will produce 100,000tp... |
LH confirms Sberbank shareholding27 January 2016, Published under Cement NewsLafargeHolcim Ltd said in a statement yesterday that it was informed on 25 January 2016 by Sberbank of Russia that it holds, through a repurchase transaction with Eurocement Holding AG, 6.12 per cent of the voting rights and of the registered share capital of LafargeHolcim Ltd. This corresponds to 37,172,910 registered shares and voting rights. According to the declaration of Sberbank of Russia, the Stock Exchange Act threshold of five per cent was exceeded on 21 January 2016. |
Russian Sberbank gets 6% of LH from Eurocement in repurchase deal25 January 2016, Published under Cement NewsSberbank CIB, the investment banking arm of Russian lender Sberbank, announced on Friday it now holds six per cent of LafargeHolcim following a repurchase deal with Russian Eurocement Holding. Under the terms of the agreement, the investment arm had organised financing for Eurocement Holding AG in return for 37m shares in LafargeHolcim. Eurocement has the right to buy back the shares at a specific price and on a certain date. The agreement was implemented on 21 January, the statement sa... |
LafargeHolcim planning potential disposal in South Korea22 January 2016, Published under Cement NewsGlenwood Private Equity is in talks to buy South Korea-based Lafarge Halla Cement in cooperation with Eugene Group, the country’s largest ready-mixed concrete manufacturer, and Sungshin Cement, another Korean cement maker. According to sources on Wednesday, LafargeHolcim Ltd, the majority shareholder of Lafarge Halla Cement, recently named Glenwood Private Equity as a preferred bidder for the cement business. The deal is estimated to be valued at somewhere between KRW500-600bn (US$417m-500... |
LH and CDC: low-carbon construction solution23 December 2015, Published under Cement NewsLafargeHolcim and CDC Group plc (CDC), the UK’s development finance institution, have signed a Memorandum of Understanding to set up a company to produce and promote an affordable low-carbon construction solution for developing countries. The new company aims at scaling-up production of earth-cement bricks, a simple, reliable, affordable and environmentally-friendly building material that was launched by LafargeHolcim in Malawi in 2013. Deforestation and forest degradation account for the ... |
LH appoints Caroline Hempstead as Head of Comms, Public Affairs and Sustainable Development08 December 2015, Published under Cement NewsCaroline Hempstead has been appointed as Head of Communication, Public Affairs and Sustainable Development of LafargeHolcim effective 1 December 2015, reporting to CEO Eric Olsen. Since 2007, Caroline has been responsible for the global Corporate Affairs team at pharmaceutical company AstraZeneca, where she also chaired the Sustainability Council. Prior to joining AstraZeneca, Caroline spent 10 years in the oil industry at Royal Dutch Shell managing the reputation of Shell's global downstr... |
François Pétry takes helm of Aggregate Industries, UK04 December 2015, Published under Cement NewsAggregate Industries, part of the LafargeHolcim group, has appointed François Pétry as its chief executive officer, effective 1 December 2015. Pétry joins from his current role as CEO of LafargeHolcim Romania. He has a strong background in quarrying having held the role of General Manager for Aggregates in Holcim France since 2008 and prior to that, held senior roles in infrastructure, construction and waste industries in France. Commenting on his appointment as CEO, Mr Pétry said: "I’m ... |
Estanda supplies LafargeHolcim plant in Nigeria01 December 2015, Published under Cement NewsEstanda has supplied a LafargeHolcim cement plant in Nigeria with new designs for more efficient dip tubes, the Spanish equipment supplier said in a statement. The project, which was for the supply of the dip tubes and supervision during their assembly, included an initial stage of total component redesign and modifying dimensions and materials used by the client to adapt to the technical recommendations provided by Estanda. The proposed solution will prevent wear and low-durability issue... |
LH says its Australian and New Zealand operations are not up for sale30 November 2015, Published under Cement NewsLafargeHolcim said its Australian and New Zealand operations are not currently on the sale block, according to Bloomberg reports following press speculation at the end of last week. Media reports on Friday suggested that the world's largest cement producer was considering exiting the region with the disposal of its operations in Australia and New Zealand for a potential amount of AUD3bn (CHF2.2bn) However, Bloomberg this morning reported that LafargeHolcim has said that the operations ... |
Holcim Romania initiates road safety programme30 November 2015, Published under Cement NewsHolcim Romania has initiated a national road safety programme to raise awareness of the importance of safe driving across the supply chain. The three-year programme consists of series of projects mainly aimed at reducing the number of casualties and critical road incidents in Romania. The national road safety programme launched by the building materials producer will comprise four main action directions which will take place simultaneously and in which the company has invested over EUR100,... |