Holcim streamlines Indian operations
Holcim is to increase its shareholding in Ambuja Cements as part of the Swiss major's strategy to restructure and streamline its operations in India. Through intragroup restru...
Holcim
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Harris Associates builds up stake in Holcim, Switzerland
Holcim said Chicago-based asset manager Harris Associates LB acquired shares in the Swiss cement major and now owns a stake worth CHF654m (EUR530m) Harris notified that it own...
Holcim to restructure Indian operations?
Holcim is reportedly planning to restructure its Indian operations which could see the merger of its two local subsidiaries, ACC and Ambuja Cements. Citing various sources fam...
HSBC sees robust recovery in ROI at Holcim
HSBC lifts Holcim to overweight from neutral, saying it sees a buying opportunity in cement stocks after a recent falling of share prices. The bank also sees a robust recovery ...
Siggenthal cement works shifts to lignite, Switzerland
Holcim’s Siggenthal cement works in Switzerland is changing over its fuel supply from anthracite to lignite. It is expected to require around 1500t per week to fuel its kiln. ...
Holcim to sell its operations in New Caledonia
Holcim will sell its operations in New Caledonia (Holcim Nouvelle Calédonie SA) to Tokuyama Corporation of Japan for an undisclosed amount. Holcim Nouvelle Calédonie SA, whi...
Holcim Philippines gets go-ahead for new plant
Holcim Philippines has received approval from its Swiss parent company to construct a US$550m cement plant in Bulacan, to support brisk private and public-sector investment. ...
Cost cuts, improved pricing boost Holcim 1Q
Higher prices, cost savings from its efficiency programme as well as the sale of a stake in Cement Australia helped Holcim compensate for harsh first-quarter winter weather whi...
Tax write back boosts ACC and Ambuja Cements 1Q, India
Holcim's Indian cement interests, ACC and Ambuja Cements, managed to post an improved first-quarter performance YoY despite a decline in sales, largely due to a writeback of i...
Holcim Nicaragua continues to invest
Holcim Nicaragua is carrying out various works at its Nagarote grinding plant, representing an investment of US$3m this year. The company is currently expanding its cement dis...