Cement News tagged under: Holcim
Holcim changes in senior management30 September 2014, Published under Cement NewsUrs Bleisch, Corporate Functional Manager and member of Senior Management of Holcim Ltd, has been nominated member of the Holcim Executive Committee. He will keep his current responsibilities for Holcim Technology Ltd, Holcim Group Services Ltd, and the project management office of the Holcim Leadership Journey. Alain Bourguignon, currently Area Manager in charge of Canada, UK and USA, and member of Senior Management of Holcim Ltd, supported by Marc Soulé, currently Lafarge’s Senior Vice ... |
UK: Votorantim interest in Tarmac29 September 2014, Published under Cement NewsVotorantim is understood to be planning a bid for a package of businesses being offloaded by Holcim and Lafarge, in an effort to seal a GBP32bn mega-merger that would include Tarmac, one of Britain’s largest companies. It is not known whether the Sâo Paulo-based company wants to buy all the assets being sold or cherry-pick parts in different countries. The disposals are expected to attract offers from other big players, including Ireland’s CRH and HeidelbergCement. The sell-off, valued at... |
Sabanci Holding eyes LafargeHolcim assets24 September 2014, Published under Cement NewsTurkish conglomerate Sabanci Holding plans to bid for some of the assets Lafarge and Holcim must sell to receive approval from competition watchdogs ahead of its planned merger, a source with knowledge of the deal told Reuters. Sabanci is aiming for growth through acquisitions and said in March that it plans to spend TRL1-1.5bn (US$448-672m) on such investments. "Preparations are being made for a bid in December," the source said, adding that Sabanci is interested mainly in European busine... |
CRH to compete for Lafarge and Holcim assets19 September 2014, Published under Cement NewsIrish building materials manufacturer CRH plc is considering making an offer to purchase the assets that might stand in the way of the merger of Lafarge and Holcim, industry sources told Reuters. It was not reported which assets that the Irish firm might be keen to purchase. Following the announcement of their giant merger and in an effort to avoid regulatory problems, Lafarge and Holcm will have to shed some of their assets, which in turn could be of interest to competitor CRH, Reuters exp... |
Fiji: Holcim JV sells stake in Pacific Cement Ltd19 September 2014, Published under Cement NewsSouth Pacific Cement, a joint venture between Holcim New Zealand and Fletcher Building Ltd, has sold its 47 per cent stake in Pacific Cement Ltd (PCL) to the Vinod Patel Group. PCL is a joint venture with Fijian Holdings Ltd (FHL), which holds a 51 per cent stake. The balance of shares is owned publicly. The company was the first cement manufacturer in the country with a production capacity of 0.2Mta. FHL group chairman, Iowane Naiveli said the Vinod Patel Group had become a strategic... |
EC clears Holcim and Cemex Spanish deal10 September 2014, Published under Cement NewsThe European Commission (EC) has cleared, under the EU Merger Regulation, the proposed acquisition of Holcim’s Spanish operations by Cemex, the last of three transactions under scrutiny in the European tie-up between the two global majors. Following an in-depth investigation launched in April 2014, yesterday the Commission concluded that the acquisition "would not raise competition concerns since the merged entity will continue to face sufficient competition from its rivals in all markets ... |
Lafarge Holcim merger cleared in Singapore08 September 2014, Published under Cement NewsThe Competition Commission of Singapore (CCS) has given Lafarge and Holcim the greenlight to merge their businesses in the country. Holcim Singapore manufactures and supplies ready-mix concrete to customers. Holcim also imports grey cement. Similarly, Lafarge Singapore imports and supplies cement to third-parties in Singapore. Lafarge, through its subsidiary and joint venture partner, manufactures and supplies ready-mix concrete in Singapore. After a public consultation exercise, the CS... |
Holcim's Siggenthal plant returns to service28 August 2014, Published under Cement NewsHolcim's Siggenthal works in Switzerland has restarted its cement production with an activated carbon filter after the equipment was badly damaged in a fire in February. The fire was attributed to self-igniting coal dust, which first led to a smouldering fire on 16 February and then developed in an open fire, damaging the activated carbon filter. The repair and reconstruction of the 55m-high building took around five months and included preventative measures. The rebuilding has also seen t... |
Mannersdorf sale draws interest26 August 2014, Published under Cement NewsThe Mannersdorf cement plant in Austria, which has been put up for sale by Lafarge ahead of its proposed merger with Holcim, has drawn interest from three notable parties, the daily WirtschaftsBlatt reports. The three potential investors are Leube, Kirchdorfer group and Mexico's Cemex, with the Mexican cement major standing the biggest chances of success, the paper claims. The Mannersdorf plant in Lower Austria has a capacity of 1.3Mta and is the country's largest cement works. It forms p... |
Holcim to reduce its global data centres to 422 August 2014, Published under Cement NewsHolcim is planning to reduce its global data centres from 10 to four, expecting to save over US$20m in the move. IBM, Tata Consultancy Services, Infosys, Wipro and NIIT Technologies are in the running for the five-year contract to assist the global cement producer, according to the Hindu Business Line (HBL). "Holcim has been on a leadership journey for several years with the aim to improve its financial and operational performance. Improving the efficiency and effectiveness of its IT syst... |