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 MoreSaturday, April 20, 2024
Recent posts
- ASCC becomes first contractor group to join World Cement Association
- Work Zone Awareness Week organizers stress struck-by incident prevention
- Fortera starts binder production, mineralizing CalPortland plant CO2
- Carbon Leadership Forum: From college-hosted organization to 501(c)3
- Texas Lehigh ramps up 500K tpy capacity slag cement mill
