Holcim

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Holcim posts record 3Q performance

Holcim posts record 3Q performance

Holcim reported record 3Q net sales of CHF8045m (US$8043.1m), up 10.4 per cent YoY and 16.3 per cent on a like-for-like (LfL) basis, from CHF7286m. Recurring EBIT edged 1.2 per ...

GCC market to expand at a CAGR of 6% in 2022-32

GCC market to expand at a CAGR of 6% in 2022-32

The Gulf Corporation Council (GCC) cement market is predicted to grow at a CAGR of six per cent between 2022 and 2032, according to a report by Future Market Insights. Demand fo...

Lafarge Cement fined US$778m for ISIS payments

Lafarge Cement fined US$778m for ISIS payments

Lafarge Cement has agreed to plead guilty and pay a fine of US$777.8m for payments it made to terror organisation ISIS to keep operating a cement plant in Syria. The payments to...

Adani in talks to acquire Jaiprakash cement unit

Adani in talks to acquire Jaiprakash cement unit

Adani Group is in advanced talks to acquire the cement unit of Jaiprakash Power Ventures Ltd, part of Jaiprakash Associates Ltd, according to Mint. The group is expected to pay ...