August 5, 2016
LafargeHolcim has signed a framework agreement with Tianjin Circle Enterprise Management Center (Tianjin Circle) to sell a controlling stake in Sichuan Shuangma Cement (Shuangma) for Euro469m. The multinational cement producer owns 55.93% of Shuangma. The…
February 15, 2016
LafargeHolcim’s entire 11 million tonne per annum annual capacity in India is being sold, it is reported. The latest development comes after the Switzerland-based cement company’s deal with Birla Corporation (BCL) to sell 5.1 million…
February 1, 2016
On 29th January, Yatai Group announced that the Group recorded loss in 2015 according to preliminary statistics. Yatai owes the 100-200 million RMB loss to cement price and sales quantity decrease. CRH and Yatai Group…
January 18, 2016
Irish building materials company CRH will join the race to acquire Lafarge’s cement business in India with annual capacity of 11 million tonnes with 7.8 million tonnes of the capacity is located in West Bengal,…
January 13, 2016
It is reported that Ireland-based building materials company CRH will join the race to acquire Lafarge’s cement business in India with annual capacity of 11 million tonnes with 7.8 million tonnes of the capacity is…
December 14, 2015
Caroline Hempstead has been appointed as head of communication, public affairs and sustainable development of LafargeHolcim effective from 1 December 2015, reporting to CEO Eric Olsen. Since 2007, Hempstead has been responsible for the global…
November 28, 2015
LafargeHolcim plans to raise to raise $3.5billion (3.5bn Swiss francs) next year selling cement assets around the world as the recently merged Franco-Swiss building-materials group adjusts to tough conditions in important markets like China and…
November 26, 2015
In the first nine months of 2015, LafargeHolcim reported a fall in net sales, adjusted operating earnings before interest, taxes, depreciation and amortisation (EBITDA) and cement sales volumes. LafargeHolcim’s net sales fell by 0.6% year-on-year…
November 23, 2015
Following the merger between their respective parent organisations, cement manufacturers Holcim Vietnam and Lafarge Vietnam have merged, with the transaction set to complete in 2015. The arrangement will help LafargeHolcim to optimise the production with…
October 29, 2015
Sichuan Shuangma Cement posted notification on major issue progress that Lafarge China is going to 100% control Sichuan Shuangma Cement. Lafarge hold 75.26% control of Sichuan Shuangma Cement through Lafarge China and Lafarge Sichuan. On…