Cement News tagged under: LafargeHolcim

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LafargeHolcim acquires Romanian precast concrete company

15 July 2019, Published under Cement News

LafargeHolcim has signed an agreement with ORESA to acquire Somaco, a Romanian precast concrete producer. Somaco has leading positions and operates five precast concrete plants and one plant for aerated blocks in Romania. Jan Jenisch, CEO of LafargeHolcim: "This is our sixth bolt-on acquisition this year and we are delivering on our commitment to further develop our Solutions and Products business segment as part of Strategy 2022 – 'Building for Growth'. The acquisition enables LafargeHolci...

Floods sweep away Huaxin plant under construction

15 July 2019, Published under Cement News

Floods have swept away the Huaxin Cement Industry plant under construction in Benighat Rorang Rural Municipality-2, Talti, Nepal, on the night of Sunday, 14 July, according to Khabarhub. The cement factory was swept away after the level of water in the river in Talti surged due to incessant rains continuing for three days, said Tulasi Jung Thapa, a spokesperson. No human casualties have been reported so far, but five workers have been trapped due to the floods. The property damaged is ...

Ambuja Cement to support cement activities with RMC and aggregate acquisitions

15 July 2019, Published under Cement News

LafargeHolcim-owned Ambuja Cement is looking to acquire capacity in ready-mix concrete (RMC) and aggregates business to fuel growth, according to The Business Standard, citing a company official. Analysts see the move as a step towards being a building materials company and not solely a cement maker. “Globally, cement giants have looked at developing a building materials image and not just as a cement manufacturer and the focus of Ambuja (Holcim Group) appears to be on similar lines. The fo...

LafargeHolcim launches the 'Plants of Tomorrow'

10 July 2019, Published under Cement News

LafargeHolcim has launched its 'Plants of Tomorrow' project for its application of Industry 4.0 to its cement business over the next four years. The multinational aims to eventually apply the technology to its network of more than 270 integrated cement plants and grinding stations across 50 countries. LafargeHolcim predicts that its 'Plants of Tomorrow' certified operation will show 15-20 per cent operational efficiency gains compared to the conventional plant. The company will use automati...

St Louis gateway to sustainable strength

09 July 2019, Published under Cement News

The 61st Annual IEEE-IAS/PCA Cement Industry Technical Conference and Exhibition took place in St Louis, Missouri, USA, on 28 April-2 May 2019. Under the theme of ‘Sustainable strength through innovation,’ the meeting attracted more than 900 industry specialists. Among the many highlights was an update of the status of the US cement industry, a panel session on experiences with large-capacity clinker coolers and a field visit to one of the world’s biggest single-kiln clinker production lines...

Where will LafargeHolcim reinvest?

08 July 2019, Published under Cement News

In the last year LafargeHolcim has been disposing of assets in the cement market in which it no longer sees long-term value. This has meant the US$917m sale of its 80.6 per cent share holding in PT Holcim Indonesia to PT Semen Indonesia as well as its 51 per cent stake in Lafarge Malaysia for US$365m and the disposal of its 91 per cent holding in Holcim Singapore to YTL Cement. Closure of the sale of Holcim Philippines Inc to San Miguel Corp for US$2.5bn is expected to be completed in ...

Where will LafargeHolcim reinvest?

05 July 2019, Published under Cement News

In the last year LafargeHolcim has been disposing of assets in the cement market in which it no longer sees long-term value. This has meant the US$917m sale of its 80.6 per cent share holding in PT Holcim Indonesia to PT Semen Indonesia as well as its 51 per cent stake in Lafarge Malaysia for US$365m and the disposal of its 91 per cent holding in Holcim Singapore to YTL Cement. Closure of the sale of Holcim Philippines Inc to San Miguel Corp for US$2.5bn is expected to be completed in ...

Countdown for Bardon

27 June 2019, Published under Cement News

As part of LafargeHolcim’s Capital Markets Day in 2018, guests enjoyed a site visit to Europe’s largest aggregates quarry at Bardon Hill, east of Coalville, Leicestershire, UK. Owned by LafargeHolcim subsidiary Aggregate Industries, the recently-extended quarry will formally open in June 2019 when the refurbished primary crusher goes on-stream. Aggregate Industries’ Bardon Hill quarry, UK, supplies 1.5Mta of aggregates, 2.1Mta of concrete products and 7.5Mta of asphalt. Image sourc...

LafargeHolcim Côte d'Ivoire starts e-commerce orders

25 June 2019, Published under Cement News

LafargeHolcim Côte d'Ivoire and e-commerce site Jumia have come together to offer the Ciment Bélier brand of cement online from Friday, 21 June 2019. "This online store is intended exclusively for individuals and small entrepreneurs who wish to have a better quality and cost control of their construction work," said Xavier Saint Martin Tillet, LafargeHolcim Côte d'Ivoire CEO. "This partnership makes life easier for all our customers who want to work without having to move to buy their cem...

Lafarge Africa narrows loss to NGN8.8bn in 2018

21 June 2019, Published under Cement News

Lafarge Africa reported a NGN8.8bn (US$24.4m) loss in 2018, compared with NGN34.39bn in the previous year. The company’s audited results have been released, showing revenue of NGN308bn, up from NGN299bn in 2017. Finance costs increased to NGN45.973bn from NGN43.217bn, while loss before tax reached at NGN19.508bn. A tax credit of NGN10.707bn reduced the loss after tax to NGN8.802bn. Lafarge will sell its entire stock of issued share capital in Lafarge South Afria Holding Ltd to Caricement ...