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Al Karama Holding receives six bids for Carthage Cement majority stake

10 December 2020

Tunisia: Six companies filed offers to acquire a majority stake of between 58% and 78% of Carthage Cement’s registered share capital. The group called for expressions of interest on 29 May 2020 and the deadline for receipt of tenders was 4 December 2020. It said, “The list of pre-qualified investors will be communicated once the opening and examination of the offers received have been finalised.”

Published in Global Cement News
Tagged under
  • Tunisia
  • Al Karama Holding
  • Carthage Cement
  • Divestments
  • Stake
  • GCW486

Competition Commission of India launches investigation into ACC, Ambuja Cement and UltraTech Cement

10 December 2020

India: The Competition Commission of India (CCI) has raided the offices of LafargeHolcim subsidiaries ACC and Ambuja Cement and Aditya Birla subsidiary UltraTech Cement as part of an investigation into alleged anti-competitive behaviour, according to the Press Trust of India. ACC said it, "is of the firm view that it has acted and continues to act in compliance with competition laws and we are fully cooperating with the investigation and providing all necessary information to the authorities."

Published in Global Cement News
Tagged under
  • India
  • Competition Commission of India
  • Investigation
  • Competition
  • ACC
  • Ambuja
  • UltraTech Cement
  • LafargeHolcim
  • GCW486

Lafarge France announces modernisation of Javel concrete plant

10 December 2020

France: LafargeHolcim subsidiary Lafarge France has announced a planned upgrade to its 120,000m3/yr Javel concrete plant involving a capacity reduction to 80,000m3/yr. It says that this corresponds to the significant reduction in the production capacity of the future Mirabeau power station and ’the expectations of residents and public authorities.’ The company has described the project as a ‘modernisation’ and from 2023 it will see at least 50% of its production become low or very-low carbon concrete products.

The producer said, “LafargeHolcim's approach by requesting the withdrawal of the existing authorisation thus consolidates its commitments vis-à-vis the stakeholders in the consultation process. The enforcement of the environmental controls announced by Paris Seine Normandy Ports (HAROPA) will of course be maintained and LafargeHolcim is fully in favour of maintaining the strictest controls on the part of the state services.”

Published in Global Cement News
Tagged under
  • France
  • LafargeHolcim
  • Lafarge France
  • concrete plant
  • concrete
  • Upgrade
  • GCW486

Flender opens new production and testing facility in Western Australia

10 December 2020

Australia: Germany-based Flender has announced the opening of a new production and testing centre in the Perth suburb of Bayswater, Western Australia. The supplier says that the 3500m2 facility is equipped with a 1.5MW load test bench capable of testing complete drive systems up to a voltage of 6.6kV.

Chief executive officer (CEO) and general manager Kareem Emara said, “Our recent growth in Western Australia has been great and a testament to the quality of our products, service and technical know-how. As we continue to grow, we want to reinvest in this key market and be where our customers are to offer them the combined brains trust of over 50 facilities worldwide through this new state-of-the-art centre.”

Published in Global Cement News
Tagged under
  • Australia
  • Flender
  • Germany
  • Plant
  • GCW486

Lafarge Africa launches essay competition

10 December 2020

Nigeria: LafargeHolcim subsidiary Lafarge Africa has launched a national essay competition entitled “Building the Nigeria of My Dreams.” The competition is open to all primary and secondary school pupils. The producer says that it ’further affirms the company’s commitment to bridging the literacy gap in Nigeria.’ It said, “This will help improve literacy amongst young adults and also engender loyalty to the nation as they will write about their hopes and aspirations of the Nigerian nation they desire. The online essay competition aligns with reports that show that citizens do much better when they are literate as they become equipped to become better adults and even more successful in their careers.”

Chief executive officer (CEO) Khaled El-Dokani said, "We recognise that the depth and quality of a country’s human capital are as important as its physical infrastructure, hence our investment over the past seven years in enhancing the Nigerian educational sector just as we are committed to empowering Nigerians through our world class building solutions.” He continued, “One of our key sustainability priorities at Lafarge Africa is our commitment to our communities through education and we are actively collaborating with the government and the private sector to improve the country's literacy ratio towards making an impact in reducing the World Bank estimate which states that over 80% of Nigerian primary school leavers cannot read.”

Communications, public affairs and sustainable development director Folashade Ambrose-Medebem said, “We have so far impacted more than 700,000 primary school pupils in 1665 schools across 544 local government areas (LGAs). Our volunteers, who are employees of Lafarge Africa have spent over 6212hr with over 250 public primary students. This crucial involvement shows our genuine concerns about Nigeria’s literacy gap and commitment towards bridging that gap.”

Published in Global Cement News
Tagged under
  • Nigeria
  • Lafarge Africa
  • Competition
  • community
  • GCW486
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