Cement News tagged under: Lafarge
Gebr Pfeiffer wins Algeria order21 July 2014, Published under Cement NewsGebr Pfeiffer SE has won a contract to supply a MVR 6700 C-6 cement mill and an MVR 6000 R-6 raw mill for Lafarge’s cement plant near the Algerian town of Biskra. This acquisition underpins Lafarge’s strategy towards the "one-mill solution with MultiDrive®", Gebr Pfeiffer said, noting that it offers a "high level of availability when it comes to cement grinding, thus giving preference to this concept over the conventional two-mill solution with less availability." The cement mill has a... |
Lafarge Holcim antitrust reviews ‘on-track’21 July 2014, Published under Cement NewsHolcim and Lafarge are in "advanced" discussions with European antitrust regulators over their proposed merger, Bernard Fontana, chief executive of Holcim, told the Wall Street Journal. Earlier this month, the companies identified shared assets, including 23 plants in eight countries amounting to a total of 27.5Mta, that will be sold to allow the merger to go ahead. Mr Fontana told the newspaper that discussions with the European Union – where the two companies have some of their greatest... |
Lafarge acquires Kercim grinding plant, France18 July 2014, Published under Cement NewsLafarge has acquired Ciments Kercim's grinding plant, located in the bulk terminal port of Nantes-Saint-Nazaire, western France. The 0.6Mta Kercim facility, launched in spring 2013, had been led by Jean-Marc Domange, ex-president of the Syndicat Français de l'Industrie Cimentière (SFIC) and former head of Ciments Calcia, who died months later in October 2013 following a long illness. Lafarge is reported to have acquired the plant from the 12 existing shareholders, heirs of Mr Domange a... |
Ashaka to fast-track Gombe plant expansion, Nigeria18 July 2014, Published under Cement NewsThe board of directors of Nigerian producer Ashaka Cement plc, with the support of parent company Lafarge, has agreed to fast-track the expansion of its US$617m cement plant in Gombe state. Guillaume Roux, CEO of Lafarge Nigeria and Benin Republic, had said that the investment of US$617m in Nigeria was a demonstration of its commitment to the economic growth of the country. Chairman of the board of Ashaka Cement, Alhaji Umaru Kwairanga, confirmed the developments, telling local press that... |
Change of Country CEO at Lafarge South Africa17 July 2014, Published under Cement NewsLafarge South Africa has announced that Kenneth MacLean has been appointed Country CEO, replacing Thierry Legrand who has taken up a new position at the Lafarge’s headquarters in Paris. After being with Lafarge South Africa for five years. Mr Legrand’s is taking up the role of Senior Vice President (SVP) of Transformation and Acceleration. In his new position Mr Legrand, who has been with Lafarge for 20 years, will focus on developing innovation within the group. Mr MacLean started with th... |
Elementia in talks for Lafarge JV stake, Mexico15 July 2014, Published under Cement NewsElementia SA, the Mexican cement maker backed by Carlos Slim and Antonio del Valle, is in talks to buy out partner Lafarge SA in their Mexican joint venture, Bloomberg reported Monday citing people with knowledge of the matter. Elementia reportedly has the right to buy Lafarge's 47 per cent stake under an option in the original terms of the Mexico partnership. Lafarge's move to sell the stake is said to be in line with its proposed merger with Holcim which also has operations in Mexico. It ... |
Mexico: Cementos Fortaleza inaugurates new plant10 July 2014, Published under Cement NewsCementos Fortaleza’s new 1Mta greenfield plant in Santiago de Anaya, Hidalgo, Mexico, has been inaugurated. The official launch took place in the presence of Elementia president, Francisco Del Valle Perochena, along with Mexico’s Minister of the Economy, Ildefonso Guajardo Villarreal, and Hidalgo’s state governor, Franciso Olvera. “After 70 years a new cement company is born in the country; we are very proud and committed to participate in this industry,“ said Mr Del Valle Perochena. Ou... |
HeidelbergCement considering US cement plants09 July 2014, Published under Cement NewsHeidelbergCement might buy the US and French cement plants that Lafarge and Holcim want to divest in order to receive the regulatory approval for their merger deal, according to Jefferies. Financial analysts Jefferies said in a note that HeidelbergCement managers told representatives during a capital markets day event on 2 July in California that the potential merger would be a "once in a generation" opportunity to acquire assets. CEO Bernd Scheifele and CFO Lorenz Naeger were among the ex... |
Holcim and Lafarge announce proposed asset disposals07 July 2014, Published under Cement NewsTwo months after the announcement of their planned merger, Lafarge and Holcim have revealed the list of proposed divestments. In Europe the merged entity aims to have “a significant and balanced industrial base in Europe – around 20 per cent of its revenues – within its overall global footprint, enabling it to take advantage of the European economic recovery,” according to a joint statement. LafargeHolcim plans to sell Lafarge’s Mannersdorf works in Austria as well as the Lafarge Tarmac a... |
Philippines: Lafarge and Holcim start talks07 July 2014, Published under Cement NewsLafarge Republic Inc (LRI) and Holcim Philippines Inc have begun plans for a local merger. Both Boards of Directors gave the green light "to explore, study and consider the combination" of their businesses "in order to avail... of the resulting synergies and opportunities... and in the course of such study, determine optimal structures to implement the combination". Discussions opened in a special meetings on 6 July. Both companies said "it is contemplated LRI's two plants in Norzagaray, B... |