Cement News tagged under: Lafarge
LH merger: final results of public exchange offer10 July 2015, Published under Cement NewsFrance's Financial Market Authority published the final results of the public exchange offer initiated by Holcim Ltd for the shares of Lafarge SA. Following the settlement-delivery of the offer expected to occur on 10 July 2015, Holcim Ltd will hold 252,230,673 Lafarge SA shares representing 87.46 per cent of the share capital and at least 83.94 per cent of the voting rights of Lafarge SA based on the total number of shares outstanding as of 8 July 2015. In accordance with the AMF general ... |
Holcim's public exchange offer for shares of Lafarge completed successfully08 July 2015, Published under Cement NewsThe public exchange offer made by Holcim Ltd for Lafarge SA has been successful, bringing the merger of the world's two largest cement majors close to completion. The French market watchdog, Autorité des marchés financiers (AMF), said as of 7 July 2015, a total of 252,230,673 shares representing 87.46 per cent of Lafarge's share capital, and at least 81.47 per cent of voting rights of Lafarge SA, has been offered by shareholders fulfilling the conditions for the merger to go ahead. The succ... |
CG signs global supply agreement for electrical motors with Lafarge08 July 2015, Published under Cement NewsAvantha Group company CG has signed a global supply agreement with cement major Lafarge for electrical motors. "We are extremely pleased to have entered into this agreement and have CG as a preferred partner for Large Motors. CG’s ability to provide flexible designs, high quality and cost effective solutions were key factors that Lafarge considered while making this decision," said Michel Edmont, Senior Vice President - International Sourcing, Lafarge Cement. For decades,CG has been provi... |
Antoine Ducleax new Lafarge Central Europe CEO29 June 2015, Published under Cement NewsAntoine Duclaux is the new CEO of Lafarge Central Europe and heads up the future country cluster of Austria, Czech Republic, Hungary, Slovakia and Slovenia. Until recently, he was Senior Vice President Strategy at Lafarge’s headquarters following earlier appointments as Managing Director at Lafarge Emirates Cement, Dubai, and Lafarge Cementos, Honduras. He has been part of the Lafarge team since 2002, when he started as Vice President of Corporate Audit. |
Philippines: Pasig City launches new RDF facility26 June 2015, Published under Cement NewsThe Pasig City government on Wednesday inaugurated a new refuse-derived fuel facility (RDF) which will supply alternative fuels to local cement plants including those of Lafarge. The collaboration between the Pasig government with IPM Construction and Development Corp (IPM) and the Metropolitan Manila Development Authority (MMDA) can process 600tpd of waste. The facility is majority-owned by Basic Environmental Systems & Technologies Inc and Lafarge Industrial Ecology International. IPM,... |
Ujjwal Batria appointed as Lafarge India CEO26 June 2015, Published under Cement NewsLafarge has appointed Ujjwal Batria as the India CEO effective 22 June 2015. Mr Batria takes over the responsibility from Martin Kriegner who has been appointed future Area Manager Central Europe of LafargeHolcim. Mr Ujjwal Batria has been with Lafarge for the past 16 years. Prior to his appointment as the Country CEO, Lafarge India, Mr Batria was the MD of Lafarge India Private Ltd. |
Lafarge opens new Maldives silo22 June 2015, Published under Cement NewsLafarge has opened a 4000t cement silo in Thilafushi, Maldives, taking total capacity to 9000t. The new facility was opened up by Minister of Economic Development Mohamed Saeed together with representatives from Lafarge and the State Trading Organisation (STo). Lafarge Maldives was opened in 1999, under an agreement between STO and Lafarge Cement to build a trade terminal in the Maldives. The project was lauchned by then STO chairman and present President Abdullah Yameen Abdul Qayyoom. STO... |
Bénédicte de Bonnechose is Lafarge France’s new MD19 June 2015, Published under Cement NewsBénédicte de Bonnechose is Lafarge France’s new managing director, following in the footsteps of Pascal Casanova, who moves to the LafargeHolcim Executive Committee. Since 1993, she has led a varied career with Lafarge, fullfilling a multitude of roles, including financial director of Betons France and director of strategy, public affairs and environment for Lafarge’s operations in France. Early 2013 saw her appointed as managing director of Granulats France. |
Lafarge to buy out Baring stake in Indian unit16 June 2015, Published under Cement NewsAs part of the implementation in India of its planned merger with Holcim - and subject to its completion - Lafarge has signed an agreement to acquire the 14 per cent stake held by Baring in Lafarge India, for a consideration of EUR270m. Following this transaction, subject to the approval of the regulatory authorities, Lafarge will hold 100 per cent of the shares of Lafarge India. |
Lafarge Cement Zimbabwe secures additional funding for plant upgrades11 June 2015, Published under Cement NewsLafarge Cement Zimbabwe has secured approval from its parent company, Lafarge Group, to invest an additional $5m on plant upgrades this year. The cement maker last year announced plans to invest about $10m-$15m on upgrading grinding capabilities. According to the company, the plant upgrades will push its volumes from 0.39Mta to 0.5Mta. Speaking to local press at the sidelines of the company's AGM, Amal Tantawi, chief executive of Lafarge Zimbabwe, told The Herald Business that the all the... |