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India: Dalmia removes barrier to Lafarge-Holcim mergerAn application for withdrawal made by Dalmia Cement Ltd has been accepted by The Competition Appellate Tribunal (COMPAT). Dalmia Cement had previously challenged an approval given for the merger b...News - 10 May 2016 |
Pakistan: Bestway Cement profit up 48% for 9MFY2016Bestway Cement has announced after tax profits of PKR7.45bn (US$71m) in the nine month period to 31 March 2016, a 34 per cent increase YoY. Total sales rose to PKR24.42bn (US$233m) – an increase o...News - 06 May 2016 |
LafargeHolcimThe Indian Holcim subsidiary ACC Ltd has completed the expansion of its Wadi works in the southern Indian state Karnataka to 13,000tpd. ACC Ltd delivered 9.3 per cent more cement in the first quar...Corporate - 05 May 2016 |
France: Saint-Pierre-la-Cour plant to raise alternative fuel usageLafarge is to increase its alternative fuel usage at Saint-Pierre-la-Cour, the biggest cement plant in France, reports Aggregate Research. The replacement rate of fossil fuels currently used coul...News - 05 May 2016 |
Holcim Indonesia expects capacity up 12% in 2016Following the acquisition of PT Lafarge Cement Indonesia, Holcim Indonesia increased its domestic production capacity by 1.6Mta to 15Mta, the company said in a statement. In addition, the cemen...News - 04 May 2016 |
India: mining law changed to assist cement mergersThe upper house of India’s parliament on Monday approved an amendment to the mining law, allowing the transfer of mines from sellers to buyers in a victory for the State Bank of India (SBI) that h...News - 03 May 2016 |
Moody affirms LafargeHolcim's rating at Baa2Financial analysts Moody has today affirmed the Baa2 long-term and Prime-2 short-term ratings for LafargeHolcim Ltd (LH) and its rated subsidiaries and changed the outlook to "negative" from "stab...News - 29 April 2016 |
Lafarge Africa posts US$9.5m quarterly loss as price squeeze bitesNigerian-based Lafarge Africa has seen revenues fall by 29 per cent to NGN52.4bn (US$263m) in the first quarter of 2016, leading the company to record an after-tax loss of NGN1.9bn (US$9.5m). A...News - 29 April 2016 |
Event Preview: 2016 IEEE-IAS/PCA - Dallas, Texas, USAThe 2016 IEEE-IAS/PCA Cement Industry Technical Conference and Exhibition is taking place at the Gaylord Texan Resort and Convention Centre, Grapevine, Dallas, Texas, USA from 15-19 May. The t...Articles - 25 April 2016 |
LafargeHolcim considering Vietnam exitLafargeHolcim Group, a joint venture between Swiss Holcim Ltd. and French Lafarge Group, may withdraw from Vietnam due to oversupply of cement in the domestic market, said Nguyen Cong Bao, general...News - 25 April 2016 |