Cement News tagged under: LafargeHolcim
Lafarge Malaysia MYR270m ECRL contract suspended13 July 2018, Published under Cement NewsLafarge Malaysia Bhd MYR270m (US$66.7m) contract to supply cement to the East Coast Rail Link (ECRL) project has been suspended. The cement producer said that China Communications Constructions (ECRL) Sdn Bhd (CCC), the main contractor to the project, has suspended the contract as the government is currently reviewing the project. LafargeHolcim’s wholly-owned subsidiary had signed an agreement with CCC to supply cement to all eight work packages for the rail link. The contract was due... |
LafargeHolcim reviewing sale of Indonesian assets06 July 2018, Published under Cement NewsLafargeHolcim (Switzerland) is considering the sale of its Indonesian subsidiary, Holcim Indonesia, for a total consideration of US$2bn, according to Bloomberg and local reports. The Indonesian cement market has suffered from overcapacity and price pressure in recent years, placing pressure on profit margins. Nevertheless, the long-term potential of the market and Holcim Indonesia’s strong market position make this a significant and surprising move. Potential buyers include China’s major... |
LafargeHolcim wins contract from Highways England06 July 2018, Published under Cement NewsLafargeHolcim has won a GBP500m (US$661m) contract from Highways England to supply cement bound works and asphalt over the next four years for a regional investment programme, according to the producer. The company's UK subsidiary, Aggregate Industries, will supply the materials for the project. Aggregate Industries had already been chosen to provide surfacing work for the country’s largest road improvement project earlier this year. |
LafargeHolcim acquires leading Texan ready-mix concrete company04 July 2018, Published under Cement NewsLafargeHolcim has acquired Tarrant Concrete, a leading providing of ready-mix concrete in the Dallas/Fort-Worth area in Texas, USA. Jan Jenisch, CEO of LafargeHolcim: “The acquisition of Tarrant Concrete follows our Strategy 2022 – ‘Building for Growth’ by capturing growth opportunities in our most attractive markets. By being highly complementary to our existing business, Tarrant Concrete will allow us to expand our ability to serve customers in a high growth area of Texas. I very much we... |
LafargeHolcim appoints new Head of Middle East/Africa04 July 2018, Published under Cement NewsLafargeHolcim has appointed Miljan Gutovic as the Head of Region Middle East/Africa and Member of the Executive Committee of the Franco-Swiss building materials producer, effective as of July 2018. He succeeds Saâd Sebbar who has decided to pursue opportunities outside of the company. Miljan Gutovic (39), an Australian national with over 13 years of experience in the building materials sector, joined LafargeHolcim in 2018 from a leading building materials company. He built up a successful... |
30 years of ICR02 July 2018, Published under Cement NewsWelcome to this special 30th Anniversary issue of International Cement Review, in which we explore the development of the cement industry over the past three decades alongside the challenges and opportunities that lie ahead. Thomas Armstrong, Managing Editor, International Cement Review Over the course of the last three decades, ICR’s objective has been to report on and debate the industry’s technical and market developments, and to provide essential information, knowledge an... |
LafargeHolcim02 July 2018, Published under Cement NewsLafargeHolcim has started its EUR100m+ investment in its Martres-Tolosane plant in Haute Garonne, southern France, with completion envisaged in 2020. This should enable the use of alternative materials in clinker production to be increased from 39 to 80 per cent and the overall capacity of the works to be raised by some 20 per cent. Huaxin Cement, a 41.8 per cent-owned LafargeHolcim associate has formed a 50 per cent-owned associate in Nepal to build a US$140m cement works at Dhading. Hu... |
Council pulls out of Holcim Westport purchase15 June 2018, Published under Cement NewsThe Buller District Council has reneged on a US$5m plan to buy Holcim cement assets and land on the West Coast. The assets include a water supply and treatment plant, a quarry, land, silos and a packing plant in Westport, Cape Foulwind and Tauranga Bay, New Zealand. Westport lost over 100 jobs when the company closed its cement works in 2016, after 58 years of operation. Mayor Garry Howard said the council had been in negotiations for more than a year on the more than US$5m deal. "We h... |
LafargeHolcim plays major role in World Cup stadium construction13 June 2018, Published under Cement NewsLafargeHolcim contributed to the construction and reconstruction of key infrastructure projects in Russia, including eight of the 12 stadiums that will be used for the football tournament. The group's cement plants in Shurovo, Ferzikovo and Volsk and aggregate quarries in Karelia Republic all played a vital role in providing construction materials for stadiums, such as Moscow's flagship Luzhniki Stadium, which will host seven matches including the opening game between Russia and Saudi Arab... |
LafargeHolcim Group invests US$500m in Bangladesh11 June 2018, Published under Cement NewsLafargeHolcim Group has invested US$500m in Bangladesh over the years and plans for even more, besides continuously working in research and development to find best and sustainable solutions in the construction sector and promotion of cement industry in the country. This information was shared on the occasion of LafargeHolcim Bangladesh's 20th annual general meeting (AGM), which was held in Dhaka on 7 June. Company top officials say, it is the biggest foreign direct investment in the bu... |