Holcim launches exchange offer for Lafarge shares
Holcim said Monday it has launched the public exchange offer for all the shares of Lafarge, marking the final stage of the merger of the two cement majors. Shareholders in Laf...
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Votorantim announces Turkish expansion
Votorantim Cimentos is to triple the capacity of Sivas cement plant in Turkey involving an investment of EUR140m, representing the largest spend for the company outside the Ame...
Semen Indonesia reportedly plans US$340.2m Aceh plant
Indonesia's largest cement maker, PT Semen Indonesia Tbk , plans to build a new plant in Aceh worth IDR4.5trn (US$340.2m), Investor Daily reported, quoting Corporate Secretary ...
Lafarge Tarmac achieves ISO 50001
Lafarge Tarmac has achieved the international energy management standard, ISO 50001, across its Cement and Lime division. It’s the first step in rolling the certification out a...
Ang plans to increase capacity in the Philippines
Philippine businessman Ramon S Ang plans to expand capacity of his privately-held Eagle Cement Corp as well as construct two new cement plants in the country. In an interv...
Domestic demand buoys Pakistan dispatches in first 10 months
A total of 29Mt of cement was dispatched during the first 10 months (July 2014 - April 2015) of the current Pakistan versus 28Mta in the same period of last year due to a rise ...
Lafarge Industrial Ecology signs two agreements to manage RDF platforms in Egypt
Lafarge Industrial Ecology (ECOCEM) has signed two major contracts to manage and operate existing refuse-derived fuel (RDF) platforms in Suez and Qalyubeya, Egypt. In an eff...
Colombian cement market expands 4.4 % in April
In April 2015 there was a 4.4 per cent YoY rise in cement dispatches in Colombia. Some 0.999Mt of grey cement reached domestic customers, according to the latest figures by the...
Vietnam rises 9% in first five months
Vietnam is estimated to have produced 26.6Mt of cement during January-May 2015, up nine per cent from a year ago, the government-run General Statistics Office said. In May alo...
Price variations across UEMOA capitals
The price of a 50kg bag of cement varies from XAF3000 (US$5.01) to XAF6000 across the six capitals of Economic and Monetary Union of West Africa (UEMOA) states. In Senegal’...
Shree commissions 1.5Mta Chhattisgarh line
Shree Cement commissioned its 1.5Mta clinker manufacturing unit at Baloda Bazar near Raipur in Chhattisgarh on 20 May 2015. The cement mill section had previously been commissi...
Roongrote tipped to take SCG helm, Thailand
Siam Cement Group (SCG), Thailand's largest industrial conglomerate, has confirmed Roongrote Rangsiyopash is in line to be its next president, the Bangkok Post reports. The SC...
PCA: ‘New EPA rule threatens economic recovery’
The US Environmental Protection Agency (EPA) on Wednesday released its final "waters of the United States" (WOTUS) rule. In taking this action, EPA greatly expanded its own reg...
Argos reports solid start to the year
Argos reported a solid first-quarter results, with a double-digit rise in cement volumes and price recovery in both Colombia and the US. Consolidated revenues in the first ...
Cemex raised to Buy at Longbow
Cemex is upgraded to Buy from Neutral by Longbow, based on continually improving fundamentals in the cement industry with price increases of 8-10 per cent supported by volume g...
Adelaide Brighton predicts 2015 sales gain
Australian construction materials group Adelaide Brighton says cement and clinker product sales volumes should be "similar to or greater than" levels in the prior year. Lime ...
TCL poised for new loan syndication
Trinidad Cement Limited (TCL) is set to launch a US$245m five-year term loan as it seeks to turn a new leaf following the completion of a debt restructuring earlier this year, ...
Babcock awarded US fleet management contract
Aggregate Industries US (AIUS), part of the Holcim Group, has awarded Babcock International Group a US$30m, 10-year contract to provide a fleet managed service for its Aggregat...
Holcim and Lafarge seal binding deal with CRH
Lafarge and Holcim have now entered a binding agreement with CRH regarding the sale of several assets with an enterprise value of EUR6.5bn. As announced in February 2015, the ...
Future LH Executive Committee finalised
Lafarge and Holcim have completed the appointments for the future Executive Committee of LafargeHolcim following a recommendation by Eric Olsen, future CEO of the combined grou...
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