Two symbolic developments this past month spotlight heavy building materials' wide-ranging contributions: to urbanization across the world as well as the portfolio of an operator in the business for the long haul.
Read more: Industry gains profile with a little help from Bill Gates and Big Steel
LafargeHolcim dovetails stepped up U.S., Canadian regulator cooperation
Published: Thursday, 01 May 2014 15:29
Written by Don Marsh
Lafarge SA and Holcim Ltd. officials see financial benefits and integration possibilities in their proposed “merger of equals,” netting LafargeHolcim—present in 90 countries with $44 billion in sales; 470 million and 384 million tons of cement and aggregate shipments, respectively; plus, 90 million yd. of ready mixed production. The strategy they outlined in Zurich and Paris last month leads to a mid-2015 1:1 share exchange, the merged business operating under executives and directors drawn equally from both companies.
Read more: LafargeHolcim dovetails stepped up U.S., Canadian regulator cooperation