PT Semen Indonesia tightens grip on domestic market
This week, LafargeHolcim agreed that PT Semen Indonesia (SMGR) was the successful bidder to buy its 80.6 per cent shareholding in PT Holcim Indonesia at a cost of US$917m. The a...
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Semen Indonesia to buy LafargeHolcim’s Indonesian unit
Indonesia's largest cement producer, Semen Indonesia, is buying the local business of LafargeHolcim for around US$940m. LafargeHolcim is disposing of its entire 80.6 per cent sh...
ACC adopts solar power for Kudithini and Thondebhavi grinding mills
ACC Ltd (LafargeHolcim group) has adopted the use of solar power in the cement manufacturing process at its grinding units in Kudithini and Thondebhavi in Karnataka. The intent ...
LafargeHolcim Paulding harnesses wind power
LafargeHolcim's Paulding plant has become the group's first cement plant in North America to harness wind power. "Distributed wind energy is a first for LafargeHolcim in North A...
LafargeHolcim 3Q18 sales grow by 5.8%
LafargeHolcim reports that its 3Q18 results saw like-for-like net sales grow by 5.8 per cent and by 5.1 per cent in the first nine months of 2018 compared to the prior-year peri...
Algeria steps up exports
GICA, LafargeHolcim and Biskria are expected to export 0.5Mta of cement and clinker from Algeria by the end of 2018 – mainly via the port of Djendjen, according to Abdesselem Bo...
Lafarge suffers loss on high tax payment
Lafarge Cement Zimbabwe reported a loss of ZWD1174m (US$4.9m) for 1H18 due to a significant tax settlement. In 2017, the company disclosed a contingent liability of ZWD7.9m rela...
LafargeHolcim modernises terminal in West Virginia
LafargeHolcim has completed the modernisation of its cement terminal in Weirton (WV), USA, which had previously remained inactive for 10 years. The site will now be used to stor...
Lafarge (Mauritius) raises price of Baobab cement
The price of a 25kg bag of Baobab cement increased by MUR1-4 (US¢2.9-11.6) on 1 October 2018. Lafarge (Mauritius), which produces the cement, has reviewed the price of its Baoba...
Increase in seaborne coal and petcoke prices impact producers
Seaborne thermal coal and petcoke prices rose by 16-24 per cent YoY during the 1H18 period, eroding almost four per cent of the aggregate EBITDA of LafargeHolcim and HeidelbergC...