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Analysts said the deal could lead to further mergers within the industry and give competitors a chance to pick up assets at a bargain price. [2] On 1 December 2024, Holcim announced that it would sell its 83.8% stake in Lafarge Africa Plc to China's Huaxin Cement for $1 billion, [13] a move seen as part of Holcim's strategy to focus on high ...
Holcim operates four businesses segments: cement, aggregates, ready-mix concrete, and other products, including precast concrete, asphalt, mortar, and other building materials. Originally, the company was established as LafargeHolcim by the merger on 10 July 2015 of Holcim and Lafarge , which had combined sales of CHF 26.7 billion in 2019. [ 3 ]
In November 2010 Lafarge opposed new Environmental Protection Agency regulations in the United States that required mercury-emissions reductions at cement plants. [44] Preliminary data published by the EPA for the year 2009 showed 145 pounds of mercury were recorded for the Ravena plant (total on- and off-site disposals).
In February 2015, Lafarge announced it had reached an agreement to sell the company to CRH plc, with the exception of its Cauldon cement plant. [12] Anglo American sold its 50% stake to Lafarge first, [13] for £992 million ($1.55 billion), [14] in order to allow CRH to buy the complete business. CRH completed the purchase in August 2015.
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Patrick Kane reached the 1,300-point mark and Todd McLellan won for the first time as Detroit's coach in the Red Wings' 4-2 victory over Washington on Sunday. Kane, who needed two points to reach ...
ACC operated as a subsidiary of Lafarge Holcim. [5] On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company is the only cement company to get Superbrand status in India. [6]