Holcim Spain issues new ERE
Holcim Spain has presented a new record of employment regulation (ERE) that will affect 141 staff.
Holcim
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A TEC & Ferro Duo to offer Holcim complete solution for bypass dust treatment
A TEC, in collaboration with raw materials company Ferro Duo GmbH and Holcim's Rohožník plant in Slovakia, are now able to provide a complete solution for the recovery of bypass...
Ambuja gets nod for merger with Holcim India
The High Courts of New Delhi and Gujarat have given Ambuja Cements the green light to merge with Holcim India – paving the way for the ACC-Ambuja restructuring process announced...
Holcim suspends Joliette investment
Holcim said it would suspend its CAD250m (US$225m) investment to expand capacity at its Joliette works in Canada given the potential economic uncertainty caused by the new Port-...
Fitch Affirms Holcim rating, outlook stable
Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Swiss cement major of Holcim as at BBB. The outlook is stable. The ratings agency said the affirmation r...
Jaypee reportedly in talks to sell Panipat grinding unit
Holcim, via its ACC arm, is in preliminary acquire the Jaypee Group’s grinding unit in Panipat, Haryana state, two sources familiar with the situation told the Economic Times of...
Mixed full-year performance for Holcim
Holcim reported a mixed performance in 2013 as attributable profit doubled while turnover declined. Overall volumes were down due to weaknesses in key emerging markets, but Euro...
Holcim's full-year volumes down, net income rises on Leadership Journey initiatives
Holcim reported saw volumes decline in its cement, aggregates and ready-mix concrete segments in 2013, but operating EBITDA margin and net income increased due to the implementa...
Holcim to propose Wolfgang Reitzle to take over as chairman
Holcim's board of directors will propose to the annual general meeting on 29 April 2014 the election of Wolfgang Reitzle as the company's new chairman, to succeed Rolf Soiron. M...
JP Morgan Cazenove upgrades Holcim
JP Morgan Cazenove has upgraded Holcim to 'neutral' from 'underweight' and raised its price target to CHF71 from CHF58 as the outlook for cement makers is turning positive. "Con...