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India: Nirma to acquire Lafarge India for US$1.4bnLafargeHolcim has announced that it has reached agreement with Nirma Group for the sale of Lafarge India. The deal - valued at US$1.4bn - will see Nirma acquire assets that include 11Mta of grindi...News - 11 July 2016 |
Sri Lanka: Holcim exit causes tension with China and IndiaThe possible takeover of Holcim Lanka Ltd by China Resources Cement Holdings Ltd, a subsidiary of the state-owned China Resources Group, is expected to cause tension with India as the world's larg...News - 08 July 2016 |
Kenya: LafargeHolcim accused of conflicting priorities over EAPCC holdingsThe outgoing chief executive of the East Africa Portland Cement Company (EAPCC), Kephar Tande, has told Kenya’s Standard newspaper that LafargeHolcim should either divest itself of its holdings in...News - 08 July 2016 |
India: Delhi real estate developers to boycott Shree CementThe Confederation of Real Estate Developers' Associations of India’s (CREDAI’s) regional representatives in Delhi have announced that they will boycott Shree Cement, according to reports in the Ti...News - 08 July 2016 |
Deadline day reached for Lafarge India bidsToday (4 July) sees the passing of the deadline by which bidders must submit binding offers for Lafarge India's assets. According to press sources, five companies – three domestic and two foreign ...News - 04 July 2016 |
Uganda's cement output slowsUganda’s cement industry has seen a sudden reverse in prospects as the country’s Bureau of Statistics (UBOS) warned of lower cement production during the months of March and April 2016 and a drop ...News - 24 June 2016 |
Syria: Lafarge protected interests from ISISAccording to French newspaper Le Monde, Lafarge entered into deals with armed groups in Syria, including the Islamic State, to protect its staff and business interests in the country. Lafarge is y...News - 22 June 2016 |
Adelaide Brighton sees potential in US$2bn acquisitionAdelaide Brighton Group says it has carried out detailed work on a potential US$2bn acquisition of the Australia and New Zealand operations of LafargeHolcim, including a plan to address competiti...News - 22 June 2016 |
Vietnam's new Master PlanVietnam is having to rebalance its cement output with expected market demand. While there have been limitations on the creation of new plants, there is now strong evidence for the government to en...Articles - 13 June 2016 |
USA: Exshaw modernisation produces first clinkerThe Lafarge plant at Exshaw celebrated a key accomplishment as groundwork continues for the next chapter in the cement plant's 100-plus-year history. The Exshaw expansion is currently the biggest...News - 10 June 2016 |