LafargeHolcim
LafargeHolcim has agreed to sell Lafarge India to the Indian conglomerate Nirma Ltd for around US$1400m. It will be Nirma’s first investment in the cement sector and comes in s...
Lafargeholcim
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China: LafargeHolcim to sell stake in Shuangma Cement
LafargeHolcim has announced that it has signed a deal with Tianjin Circle Enterprise Management Centre that would see the Franco-Swiss multinational sell a 55.93 per cent stake...
New communication manager at Holcim Romania
Veronica Dobre has been appointed the new Communication Manager of Holcim Romania. She takes the position over from Ioana Borangic, who had worked for the company for six years...
Malaysia: cement production down 4.2% in six months to June
Demand for cement in Malaysia looks set to grow but slowly in 2016 as production numbers for the first half of the year indicate. According to reports in the Edge Financial ...
Philippines: Human rights body begins investigation into GHG-emitting firms
The Commission on Human Rights of the Philippines (CHR) has begun an investigation into the possibility that major carbon-emitting multinationals have breached human rights law...
India: Ambuja and ACC report profit rises for 2Q16
LafargeHolcim’s Indian subsidiaries ACC and Ambuja Cements have both reported an increase in profits for the second quarter of 2016. In the three months to June, Ambuja Ceme...
Anhui Conch
Anhui Conch has missed out on the chance to acquire Lafarge India, despite its offer of INR95bn (US$1.4bn) coming in higher than the winning bid. A deal was finally struck with...
EBRD postpones its decision on 20% stake in Holcim Azerbaijan
The European Bank for Reconstruction & Development's (EBRD) Board of Directors has postponed the pending decision on raising the bank’s stake in the equity capital of Holcim (A...
LafargeHolcim receives go-ahead for Indian streamlining
India’s Cabinet Committee on Economic Affairs has given its blessing to LafargeHolcim’s proposals to simplify the structure of its remaining operations in the country. The comp...
Mexico: Geocycle brand aims for a future without waste
Geocycle is unifying its brand globally and in Mexico, the company operating under the name Ecoltec will now be known as Geocycle. It will continue to offer sustainable waste m...