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Lafarge Africa Plc is an industrial company headquartered in Lagos, Nigeria, and listed on the Nigerian Stock Exchange. It is majorly controlled by the Holcim Group . Previously trading under the name of Lafarge Wapco Plc, the merger of Lafarge and Holcim and resulting consolidation of Lafarge's assets in Nigeria and South Africa resulted in ...
Ethiopia has 20 cement factories which produce mainly OPC and PPC cement. Two other cement factories are in the pipeline. As of 2017, production capacity in Ethiopian, according to the Ethiopian Reporter, [14] has increased to 15 million tonnes per year, but local consumption is only 6 million tonnes per year.
Whites is a settlement in Lejweleputswa District Municipality in the Free State province of South Africa. Located near Hennenman, the settlement was the site of a cement factory of the Whites South Africa Cement Company dating back to 1913. [2] The company is now owned by Lafarge as part of its South African division. [3]
In September 2013, Lafarge agreed to the sale of its 53.3 percent stake in its Honduras subsidiary Lafarge Cementos SA de CV to Cementos Argos for €232m. [22] In 2018, the Lafarge Cement plant located south of Kobanî, Syria was being used as a base of operations by 1st Marine Infantry Parachute Regiment and United States Army forces. [23] [24]
On 1 December 2024, Holcim announced that it would sell its 83.8% stake in Lafarge Africa Plc to China's Huaxin Cement for $1 billion, [13] a move seen as part of Holcim's strategy to focus on high-growth regions and sustainable business practices. The sale would be finalized by 2025, pending regulatory approvals.
Holcim Group operates in around seventy countries, and focuses on cement, aggregates, ready mix and solutions [buzzword] & products. It is a global partner for major infrastructure projects – roads, mines, ports, dams, data centers, stadiums, wind farms, or electric power plants that require major investments.
Braas Monier Building Group, also known as Braas Monier, is a manufacturer of building materials for pitched roofs and roofing accessories in Europe, some Asian markets, and South Africa. The company's produces concrete and clay roof tiles , roofing accessories, ceramic and steel chimneys, and energy systems.
This ownership structure has led to boardroom wars on who controls the company. The government has challenged Lafarge's shareholding in EAPCC due to the fact that Lafarge owns 41.7 per cent of East African Portland Cement Company and a further 58.9 per cent of Bamburi Cement; two of three largest producers of the building material in Kenya.