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Lafarge purchased a plant from the National Gypsum in early 1987. [7] Ten years later, it bought Redland plc, a British quarry operator. [8] In 1999, Lafarge acquired a 100% shareholding in Hima Cement Limited, the second-largest cement manufacturer in Uganda, with an installed capacity of 850,000 metric tonnes annually, as of January 2011. [9]
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]
Egyptian Cement Company recently became Lafarge Cement Egypt with a total production capacity of about 10 million tons of cement coming from five lines designed and manufactured by POLYSIUS FRANCE, LCE arranged as the second plant all over the world on the cement production. Sinai White Cement Portland. Misr-Beni Suef. Misr-Quena.
In 2001, Lafarge of France acquired Blue Circle, including the latter's interest in WAPCO. Seven years later, the name became Lafarge Cement WAPCO plc. Lafarge increased production at WAPCO in 2011 with the commissioning of an additional 2.2 million metric tonnes plant at Lakatabu, Ogun State. Along with the new plant, the firm built a power ...
A 1924 issue of Concrete magazine said that the operation at 1000 La Brea Ave. appeared to be "the pioneer mixing plant in the West," the first of its kind offering "ready-mixed Portland cement ...
On 7 April 2014, Holcim and Lafarge announced they had agreed to terms on a "merger of equals" valued at nearly $60 billion. The merger entails 10 Lafarge shares being converted into 9 Holcim shares. Holders of 86% of Lafarge shares accepted this offer in June 2015, according to Holcim, meaning that the merger would proceed. [12]
There are 134 concrete production plants and 1,350 mixers. Argos' concrete production capacity in Colombia is only 1.7 million cubic meters per year, with 40 plants and 230 mixers. In 2008, Argos had a market capitalization of over $3.5 billion US dollars and income of over $1,955 million US dollars.
In July 2007, Aggregate Industries settled the case with an agreement to pay $50 million. $42 million of the settlement went to civil cases and $8 million was paid in criminal fines. The company will provide $75 million in insurance for maintenance as well as pay $500,000 toward routine checks on areas suspected to contain substandard concrete. [9]