Displaying items by tag: GCW282

Bangladesh: Lafarge Surma Cement, a joint venture between LafargeHolcim and Cementos Molins, intends to buy a 100% stake in Holcim Bangladesh from LafargeHolcim for US$117m. The transaction is subject to approval by the shareholders of Lafarge Surma as well as other regulatory and customary approvals in Bangladesh. Following the acquisition Lafarge Surma Cement will operate one integrated cement plant and three grinding plants in the country. It will also offer a range of products including Supercrete, Holcim Strong Structure, Holcim Red and Holcim Gold.

Mexico: The Cruz Azul Cooperative plans to spend US$300m towards upgrades at its four cement plants. The investment will form part of a modernisation project over the next four years, according to CNN Expansión. The initiative will involve updating older production lines with environmental upgrades, expanding its production capacity for export and generating energy from wind power.