Cement News tagged under: Fijian Holdings

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FHL to set up a warehouse to avoid shortages

13 March 2018, Published under Cement News

Fijian Holdings Ltd (FHL) is planning to set up a warehouse in the west to avoid cement shortages in the future, reports the Fiji Broadcasting Corporation. Last year FHL’s subsidiary company, Pacific Cement, suffered a major breakdown in its mill and was subsequently closed for nine weeks, resulting in cement shortages in the country.   The new warehouse with cement silos is expected within the next six months, according to Nouzab Fareed, FHL Chief Executive. "So that is basically diver...

Fiji: Holcim JV sells stake in Pacific Cement Ltd

19 September 2014, Published under Cement News

South Pacific Cement, a joint venture between Holcim New Zealand and Fletcher Building Ltd, has sold its 47 per cent stake in Pacific Cement Ltd (PCL) to the Vinod Patel Group. PCL is a joint venture with Fijian Holdings Ltd (FHL), which holds a 51 per cent stake. The balance of shares is owned publicly. The company was the first cement manufacturer in the country with a production capacity of 0.2Mta. FHL group chairman, Iowane Naiveli said the Vinod Patel Group had become a strategic...