Cement News tagged under: Holcim
Holcim's Siggenthal plant returns to service28 August 2014, Published under Cement NewsHolcim's Siggenthal works in Switzerland has restarted its cement production with an activated carbon filter after the equipment was badly damaged in a fire in February. The fire was attributed to self-igniting coal dust, which first led to a smouldering fire on 16 February and then developed in an open fire, damaging the activated carbon filter. The repair and reconstruction of the 55m-high building took around five months and included preventative measures. The rebuilding has also seen t... |
Mannersdorf sale draws interest26 August 2014, Published under Cement NewsThe Mannersdorf cement plant in Austria, which has been put up for sale by Lafarge ahead of its proposed merger with Holcim, has drawn interest from three notable parties, the daily WirtschaftsBlatt reports. The three potential investors are Leube, Kirchdorfer group and Mexico's Cemex, with the Mexican cement major standing the biggest chances of success, the paper claims. The Mannersdorf plant in Lower Austria has a capacity of 1.3Mta and is the country's largest cement works. It forms p... |
Holcim to reduce its global data centres to 422 August 2014, Published under Cement NewsHolcim is planning to reduce its global data centres from 10 to four, expecting to save over US$20m in the move. IBM, Tata Consultancy Services, Infosys, Wipro and NIIT Technologies are in the running for the five-year contract to assist the global cement producer, according to the Hindu Business Line (HBL). "Holcim has been on a leadership journey for several years with the aim to improve its financial and operational performance. Improving the efficiency and effectiveness of its IT syst... |
Holcim plans service centre in Slovakia21 August 2014, Published under Cement NewsHolcim is considering the creation of a European service centre in Kosice, Slovakia. The "Shared Service Center" will deliver services to 16 countries, excluding the UK, according to Holcim spokesperson Eike Christian Meuter. Plans for the centre will be finalised later this year with the facility starting operations next year. |
Argos considers acquiring Holcim and Lafarge Latin America divestments15 August 2014, Published under Cement NewsColombia's Cementos Argos is currently looking into acquiring the assets Lafarge and Holcim are planning to sell in Latin America, particularly Mexico and Brazil. However, it has not yet finalised any negotiations. "We are firstly interested in looking at Mexico and Brazil," said José Alberto Vélez, president of the Argos Group, in the local newspaper La República. "We have been watching with interest and enthusiasm, but have nothing concrete yet." Earlier this month, Holcim and Lafarge... |
CVC in talks over Holcim Lafarge assets13 August 2014, Published under Cement NewsPrivate equity firm CVC is in talks with Singapore's Government Investment Corporation over possible joint bids for Holcim and Lafarge assets ahead of their planned merger, Sky News reported on Tuesday. The companies have reportedly received over 100 expressions of interest for assets they must dispose of to facilitate rapid progress of the merger, which has a deadline for completion by 1H15. A disposal committee has identified shared assets, including 23 plants in eight countries amounting... |
Lafarge06 August 2014, Published under Cement NewsThe proposed merger with Holcim is likely to result in the sale of Lafarge's operations in Romania, Germany, the Mannersdorf works in Austria, the wholly-owned operations on Réunion and the interest in the Lafarge Tarmac joint venture, though one of its cement works might be taken back into full ownership. The future of the assets in The Philippines and Brazil have yet to be agreed with the relevant competition authorities. Lafarge has agreed the sale its 76.9 per cent holding in Lafarge P... |
Mauritius opens LafargeHolcim merger inquiry06 August 2014, Published under Cement NewsThe Competition Commission of Mauritius (CCM) has opened an inquiry to determine whether the merger of Holcim and Lafarge will have a negative impact on the competition in the island's cement market. If the merger is completed successfully, Lafarge and Holcim have said they will both sell their holdings in Holcim (Mauritius) Ltd to a third party. "We appreciate that the merger parties have informed the CCM of their actions and are reactive with respect to measures that restore competiti... |
Lafarge & Holcim propose Brazilian divestments05 August 2014, Published under Cement NewsLafarge and Holcim have published a list of proposed asset disposals to Brazilian Competition authority CADE, as part of efforts to help win regulatory approval for their planned merger. The joint Divestment Committee has agreed to propose a package of assets from both Holcim and Lafarge which include three integrated cement plants and two grinding units (with a total cement capacity of 3.6Mta) as well as one ready-mix plant, all located in the southeastern region of Brazil. The proposed... |
Cemex expected to receive EU clearance for Holcim Spain assets05 August 2014, Published under Cement NewsEuropean Union antitrust regulators are expected to approve Cemex’s bid to acquire Holcim’s Spanish units without requiring concessions from the Mexican producer, a source told Reuters on Monday. Cemex has convinced the European Commission that the deal will not reduce competition in Spain, a person familiar with the matter told the news agency. Another source had previously told Reuters earlier this month that the Commission had objected to the deal. Last month the European Commission... |