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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]
The cement market in Europe is tightly consolidated and antitrust scrutiny of deals has been commonplace since the 1970s. [30] To meet regulatory concerns, Holcim and Lafarge planned to sell or spinoff assets that generated about 5 billion euros (US$6.9 billion) of revenue in 2013 in areas of large overlap between the two companies. [31]
CEMEX Australia was sold to Holcim in June 2009 as part of an AUD 2 billion takeover bid and is now known as Holcim Australia. The deal included the Readymix and Humes business units and CEMEX's 25% stake in Cement Australia (one of Australia's major cement manufacturers) but did not include the US-based Rinker Materials Corporation. [2]
In 2005, Holcim purchased Aggregate Industries for US$4.1 billion, entering the United Kingdom for the first time. [2] That year, the company also expanded into India by acquiring a stakes in The Associated Cement Companies (ACC) and Ambuja Cement Eastern. In 2008, Holcim became the largest shareholder of China's Huaxin Cement with a 40% stake.
Cement manufacture is a source of the following airborne contaminants: particulate matter, nitrogen oxides, sulfur dioxide, carbon monoxide, and carbon dioxide. [3] Cement production releases carbon dioxide by sintering limestone or shells. It is also very energy-intensive, with the result that the cement industry is a large emitter of carbon ...
Heidelberg Materials operates around 130 cement plants with an annual cement capacity of around 170 million tonnes, around 1,300 ready-mixed concrete production sites, and just under 600 aggregates quarries. [16] On December 21, 2023, the Kakanj cement factory announced the decision to change its name to Heidelberg Materials Cement BiH dd ...
The Republic Cement Group (with CRH plc), founded in 1955, produces about 7 million tons of cement annually. It is the second largest producer in the Philippines and produces about a quarter of the country's cement. [17] In 2017, AEV announced it would invest $300 million in the subsidiary to increase capacity. [17]
When the water, aggregates, and Portland cement are combined, the mix starts to harden and solidify into the durable, rock-solid masses. Precast concrete is the type of concrete that’s poured ...