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In July 2014, Bestway acquired Lafarge's 75.86 percent stake in Lafarge Pakistan Cement Ltd for an enterprise value of US$329 million (€244 million). [ 13 ] [ 14 ] Lafarge Pakistan Cement Ltd operated a cement plant in the north of Pakistan which was established as Chakwal Cement, but was later acquired by Orascom in 2005, an Egyptian ...
Bags of Lafarge cement with the Blue Circle logo. Lafarge is a French industrial company specialising in cement, construction aggregates, and concrete. It is the world's largest cement manufacturer. It was founded in 1833 by Joseph-Auguste Pavin de Lafarge and is a part of the Holcim Group.
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]
A major international cement company will has pleaded guilty in Brooklyn Federal Court to giving financial support to ISIS, will forfeit $687 million and pay the U.S. government nearly $91 million ...
The families of U.S. aid workers and soldiers killed or injured by Islamic State and Al-Nusra Front have lodged a legal claim against cement maker Lafarge over payments the French company made to ...
Bestway Group expanded its cement operations in February 2004 by setting up a 1.8 million tonnes per annum cement plant in Chakwal, Punjab Province, Pakistan, at a cost of US$180.0 million. To augment its presence in the cement industry, Bestway bid for 85.29% equity of Mustehkam Cement Limited.
The Lafarge scandal refers to the court case against Lafarge, a French cement company, for making payments to the armed terrorist groups Islamic State of Iraq and Levant and al-Nusra Front between 2013–2014. [1] The scandal was first revealed by French journalist Dorothée Myriam Kellou and was then followed by investigations by the French ...
Bannu Woollen Mills, Gammon Pakistan, Ghandhara Automobiles Limited, Ghandhara Industries Limited, Ghandhara Tyre, ... Cement [2] 16: Pakistan State Oil: Rs.